Africa/Middle East

Capital: Dakar

Local currency (+ ISO code): Franc CFA (XOF)

Economic and monetary zone: WAEMU (West African Economic and Monetary Union)

Area: 196 722 km²

Population: 13.7 million inhabitants

Time zone (GMT): UTC/GMT +1:00 h

Société Générale

A leading bank in Senegal, Société Générale de Banques au Sénégal has been operating in the country since 1962. Present at a local level through a network of branches and present across all sectors of the economy, SGBS plays a major role in the country's economic development.
Backed by a universal banking model, SGBS offers a wide array of products and services:
- Retail banking
- Corporate and investment banking
- Global Transaction Banking (Cash clearing services, Trade services, Cash management services)

Cash Management

Access to the clearing systems
Direct Access

Accounts & Payments
Residents and non residents accounts in major convertible currencies
Payments and collections : cards, domestic and international transferts, requests for transfer, checks, bills of exchange – commercial drafts
Reporting :  electronic or paper, domestic and international account statements (intraday also available), payment status reports (transfers)

Cash Collection

Electronic Banking System
Local and International Internet banking solutions
Local and International Host to Host solutions

Cash Pooling Solutions

Local website

August 2014

EMEA Finance: Best treasury services in Africa, 2014, 2015
EMEA Finance: Best cash management services in EMEA, 2014, 2015, 2016

Société Générale de Banques au Sénégal

19, avenue du Président Léopold Sédar Senghor

Phone: (221) 33 839 55 00