How to send money to Equatorial Guinea in 2026: euros from Spain, the CFA franc, investment protection and buying land
Spanish-speaking Equatorial Guinea uses the CFA franc in 2026 at 655.957 per euro, so a transfer from Spain to Malabo is calculated in advance to the franc. How to send money to a bank in Malabo or Bata, what the 2003 agreement with Spain gives, how a foreigner buys land and which documents to prepare.
Money is sent to Equatorial Guinea in euros or dollars to an account at a bank in Malabo or Bata, and it is credited in Central African CFA francs. The rate to the euro is fixed at 655.957, so from Spain and other euro area countries it is more convenient to send euros. Contracts and bank documents in the country are drawn up in Spanish.
| From where and what for | What works in 2026 | How long it takes |
|---|---|---|
| euros from Spain | an international transfer, credited in francs at the fixed rate | 2-3 business days |
| dollars from the USA | credited in francs at the bank's rate | 2-4 business days |
| paying for land or a house | after the president's permit for a foreigner to buy land | by the contract date |
| investments from Spain | protected by the 2003 agreement, income goes through a bank | by the company's decision |
The table was checked on 9 October 2026; dollars are calculated through the European Central Bank rate on 7 October 2026, 1.1177 per euro.
From Spain to Malabo: the euro turns into francs at 655.957
Equatorial Guinea is the only country in Africa where Spanish is an official language, and it is also a member of the Central African monetary community. The country switched to the franc in 1985, and since 1999 its rate to the euro has not changed.
For transfers from Spain this is convenient: 20,000 euros give 13,119,140 francs, and the amount is known in advance. The dollar is converted through the euro; in early October 2026 it cost about 587 francs. How to send your sum without a double exchange, a manager will tell you.
The capital, Malabo, is on Bioko Island, and the largest city on the mainland is Bata; banks work in both cities. About the capital, see the Malabo page.
We will help you send money to Equatorial Guinea
Mistakes cost more than fees: euros changed into dollars and back, paying for a plot before the president's permit, documents without a Spanish translation and a large sum without papers on its origin. We will help you avoid them: we will choose the route and currency of the transfer, collect documents on the origin of the money for the bank in Malabo and carry out the transfer through licensed partners through to crediting.
Details and the cost are with a manager in the chat: much depends on the amount, the currency and the purpose of the transfer.
The investment protection agreement with Spain: signed in Malabo in 2003
Spain and Equatorial Guinea signed the agreement on the promotion and reciprocal protection of investments on 22 November 2003 in Malabo, and it has been in force since 11 August 2009. The agreement protects investments of one country's investors in the other and their right to transfer investment income home.
For a business owner from Spain this is a support when transferring profit: a bank in Malabo carries out such a payment on the basis of a dividend decision and documents on the withholding tax paid. The currency rules themselves are common to the six countries of the community and have applied since 1 March 2019.
Land with the president's permit: how a plot is bought
Under Decree 140/2013 a foreigner or a company with foreign capital buys land with the president's permit, issued as a separate decision. Notaries and registrars check this permit at the deal, so money is transferred to the seller after it has been obtained.
If a purchase or construction needs a complex payment scheme, there are usually more options than it seems: a manager will choose a route.
Renting a home or an office is arranged with an ordinary contract, and payment goes by transfer to the landlord's account.
How much to send to Malabo and which papers to attach
Up to $10,000. The bank will carry out the transfer on the basis of the payment purpose: family support, rent, studies.
$10,000-$100,000. You will need a six-month statement and a document about the money in Spanish or with a translation: an income certificate, a sale contract or a gift contract.
From $100,000. A package on the origin of your wealth and the deal contract are prepared; in detail in proof of source of funds and sending a large sum abroad, and moving capital is on the capital relocation page. The terms for transferring a large sum will be calculated by a manager.
From Malabo to Spain, Nigeria and neighbouring franc countries
To Spain money leaves in euros at the same fixed rate. To Nigeria, the neighbour across the Gulf of Guinea, dollars or euros are sent. To the Republic of the Congo, Chad and the Central African Republic payments are made in francs, with no exchange.
Sending money to neighbouring countries
- How to send money to Nigeria
- How to send money to Cameroon
- How to send money to the Republic of the Congo
- How to send money to Chad
- How to send money to the Central African Republic
- How to send money to Gabon
All countries and moving capital step by step are in the capital relocation section.
FAQ
How many francs will a family in Malabo get for 100 euros?
When did the Spain-Equatorial Guinea investment protection agreement enter into force?
Does a foreigner need the president's permit to buy land in Equatorial Guinea?
Since what year has Equatorial Guinea used the CFA franc?
We will suggest the best way to send your money
We will choose a transfer method for your amount and country, prepare the documents on the origin of the money for the bank, make the transfer through licensed partners and follow it until the money is credited. Ask your question in the chat - the manager will suggest the best terms and the cost. The legal side with banks and government bodies is handled by Murblz specialists and locally licensed partners.
Details and cost are with the manager in the chat. Describe your situation and we will reply right away.
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