Money and duty free for Togo

Currency and Money

Currency information

CFA (Communauté Financière Africaine) Franc (XOF) = 100 centimes. Notes are in denominations of XOF10,000, 5,000, 2,500, 2,000, 1,000 and 500. Coins are in denominations of XOF250, 100, 50, 25, 10, 5 and 1.

Togo is part of the French Monetary Area. Only currency issued by the Banque des Etats de l'Afrique de l'Ouest (Bank of West African States) is valid; currency issued by the Banque des Etats de l'Afrique Centrale (Bank of Central African States) is not. The CFA Franc is tied to the Euro.

Credit cards

American Express is widely accepted, with more limited use of Diners Club, MasterCard and Visa. The main branch of the Togolese Central Bank in Lomé (BTCI) can give cash withdrawals against a Visa card.

Travellers cheques

International traveller's cheques are accepted in Lomé and other major cities.

Banking hours

Mon-Fri 0800-1600.

Currency restrictions

The import of local and foreign currency is limited to XOF1 million or equivalent. The export of local currency is limited to XOF25,000. The export of foreign currency is limited to the amount declared on entry.

Currency exchange

Foreign currencies can be exchanged at banks and bureaux de change in Lomé and other major cities.

Togo duty free

Overview

The following goods may be imported into Togo without incurring customs duty:

Banned Imports

Prohibited imports include obscene or subversive publications, and drugs.

Restricted imports include arms and ammunition, medicines (unless for personal use), meat and endangered species.