ATM Fees in Cabo Verde
Cape Verdean Escudo (CVE) • Updated April 2026
Cape Verde uses the Escudo, pegged to the Euro. Euros are widely accepted on the islands. Cards are accepted at hotels and larger restaurants, but cash is needed for local shops and transport.
Tips for Cabo Verde
- • Euros are widely accepted - often preferred
- • ATMs available on all inhabited islands
- • Card acceptance growing in tourist areas
- • Keep cash for local restaurants and transport
- • Inter-island ferries and flights often require cash
Airport tips
- • International airports in Sal and Praia have ATMs
- • Euro exchange available but rates vary
- • Bring Euros for convenience
Don't forget your home bank fees
The fees shown above are charged by local ATMs. Your home bank may also charge additional fees for international withdrawals (typically 1-3% + a flat fee). Check with your bank before traveling.
Estimated daily expenses
How much cash you might need per day in Cabo Verde, per person.
Backpacker
Hostels, street food, public transport
CVE/day
≈ $52.92-95.25 USD
Mid-range
Hotels, restaurants, mix of transport
CVE/day
≈ $143-243 USD
Luxury
Premium hotels, fine dining, private transport
CVE/day
≈ $328-550 USD
Cash vs card acceptance
Where you'll need cash and where cards work in Cabo Verde.
Credit card acceptance
Low to ModerateCards accepted at hotels and tourist restaurants. Cash (Escudos or Euros) needed for local establishments.
You'll need cash for
- • Local restaurants
- • Markets
- • Inter-island transport
- • Small shops
- • Taxis
Cards usually accepted
- • Hotels and resorts
- • Tourist restaurants
- • Some tour operators
- • Larger supermarkets
💰 Cheapest banks for foreign cards
These banks charge the lowest fees for withdrawals with foreign cards.
| Bank | ATM Fee | Est. Cost | Branches | |||
|---|---|---|---|---|---|---|
| Banco Comercial do Atlântico | 300-400 CVE | 0% | Visa/MC rate | ~€3-4 | 30 | Largest local bank |
| Caixa Económica | 300-400 CVE | 0% | Visa/MC rate | ~€3-4 | 25 | Good island coverage |
📍 Most widely available ATMs
Sorted by number of ATM locations. More branches means easier access, but fees may be higher.
| Bank | ATM Fee | Est. Cost | Branches | |||
|---|---|---|---|---|---|---|
| Banco Comercial do Atlântico | 300-400 CVE | 0% | Visa/MC rate | ~€3-4 | 30 | All islands |
| Caixa Económica | 300-400 CVE | 0% | Visa/MC rate | ~€3-4 | 25 | Major islands |
🌐 ATM Alliance Benefits: If you bank with a member of these alliances, you may get reduced or waived ATM fees in Cabo Verde:
View all ATM alliances →