Talkremit Terms and Conditions for XOF/XAF Currency Transfers

These Terms and Conditions (“Terms”) apply to any transfer where the destination currency is either  West African CFA franc (XOF) or Central African CFA franc (XAF).

By initiating a transfer with XOF/XAF currencies, you agree to the following terms:

Rounding of Values

No Cents in XOF/XAF Currencies:

• The amount made available to the recipient will not include cents. These currencies do not utilize cents in their denominations.

Rounding Policy:

• After conversion from the original currency, the converted value will be rounded to the nearest whole XOF or XAF franc (as applicable) according to the following rules:
  • If the converted amount includes a fractional part less than 0.50, it will be rounded down to the nearest whole number.
  • If the converted amount includes a fractional part of 0.50 or greater, it will be rounded up to the nearest whole number.

Examples of Rounding

An amount of 10.49 XOF/XAF will be rounded to 10 XOF/XAF.

An amount of 10.50 XOF/XAF will be rounded to 11 XOF/XAF.