Payouts to Rwanda

Pay Rwandan francs from USDT or USDC

Rwanda's corridor is for individuals: Kigali's growing base of remote professionals, returning diaspora and families supported from abroad. XEROF pays RWF to a bank account in Rwanda from a USDT or USDC balance, consumer to consumer only, up to the equivalent of USD 100,000 per payment.

How a payout to Rwanda works

A private client onboarded with XEROF pays an individual in Rwanda, or their own Rwandan account. Company-to-company payments in francs are not offered in this corridor at present.

Payout currency
RWF
Paid to
Bank account in Rwanda
Payment types
C2C (consumer to consumer)
Maximum per payment
USD 100,000 equivalent per payment; consumer to consumer only
Rails
Local bank transfer in RWF
Pricing
Per corridor: the RWF leg is quoted per payment on the confirmation

Who pays Rwandan francs this way

  • A Rwandan professional abroad moving savings held in USDT to their own account in Kigali.
  • Family support paid in francs to a relative's bank account.
  • A private purchase between two individuals, such as a vehicle or land deposit, settled in RWF.

Paying Rwanda from Zug: timing and practicalities

Kigali is on Central Africa Time, one hour ahead of Zug in winter and the same in summer, so instructions confirmed during the Swiss morning are processed the same Rwandan banking day through RIPPS.

This corridor is consumer to consumer, so it serves individuals: a Rwandan professional abroad settling to their own franc account, family support, or a private purchase between individuals. Beneficiaries are addressed by bank and account number.

What XEROF needs before the first payment

  • Beneficiary name, bank and account number.
  • A short statement of the purpose of the payment, confirmed before the first transfer.

A worked example in RWF

You send
USDT 4,000 on ERC-20
XEROF converts
USD 4,000 equivalent at the live rate
Beneficiary receives
RWF to the individual beneficiary's account
Fees on this example
Brokerage fee plus the quoted RWF leg

Common questions

Why is Rwanda consumer to consumer only?
Because that is the payment type our partner currently supports in this corridor. Business payments to Rwanda are not available yet; the coverage table is updated when that changes.
What is the maximum for a RWF payout to Rwanda?
USD 100,000 equivalent per payment; consumer to consumer only, set by the receiving market.

Rwanda: limits set by the receiving market, availability subject to screening and partner requirements, indicative and not an offer. See the coverage table.

Open a XEROF account to pay Rwandan francs in Rwanda.

Cross-border Services Restrictions

FE Swiss Financial AG (XEROF) is a Swiss Virtual Asset Service Provider, member of the Financial Services Standards Association (VQF), a Swiss Self-Regulatory Organisation under the supervision of Swiss Financial Market Supervisory Authority (FINMA). XEROF's products and services are only regulated in Switzerland. They are not registered or approved outside of Switzerland.

Any information on XEROF's website (i) is not intended and should not be construed as an offer, solicitation or recommendation outside of Switzerland and (ii) may not be suitable or lawful in your jurisdiction.

You are welcome to explore XEROF's website at your own initiative. Click 'Continue' if you are either (i) a resident of, domiciled in, or an entity established in Switzerland, or (ii) are a resident of, domiciled in, or an entity established outside of Switzerland but would like to visit XEROF's site on your own initiative.

If you fall under (ii) above, when choosing 'Continue', it is important to do this on your own initiative, as XEROF is not authorized to promote its products and services outside Switzerland. If you do not wish to visit the site, please click 'Back'.

If you click 'Continue' to explore, please note that you:

  1. are confirming you have read and understood the above;
  2. are accessing XEROF's website at your own initiative, without active promotion or solicitation from XEROF;
  3. are responsible for ensuring access is lawful in your jurisdiction; and
  4. understand that exploring the website does not create a client relationship.