CGBKRWRW11-character variant (head office):
CGBKRWRWXXXWhether funds come from abroad or another local account, here's how to receive — and what it costs.
Sender uses CGBKRWRW + your account number.
Sender uses Wise, LemFi, or Sendwave to deposit into your account.
Receive into MTN MoMo, then move to Cogebanque if needed.
Rwandan banks use bank-specific account numbers (commonly 16 digits) settling over RIPPS — the Rwanda Integrated Payments Processing System operated by the National Bank of Rwanda (BNR) for both RTGS high-value and ACH retail transfers.
Money in a Rwandan bank account can move to MTN MoMo or Airtel Money wallets via the bank's mobile app or USSD. Kigali's cashless-economy push has made wallet-to-merchant QR payments and bill payments routine; many recipients now spend directly from the wallet rather than cashing out.
Rail operator: www.bnr.rw
When you actually need a SWIFT code: only for receiving money from another country. RIPPS handles every domestic rwanda bank-to-bank, bank-to-wallet, and wallet-to-bank transfer at near-instant speed. If the sender is in the same country, SWIFT isn't involved at all — they just need your bank account number or phone number.
For inbound international flows, RIPPS also matters: most modern remittance operators (Wise, Sendwave, LemFi, WorldRemit, TapTap Send) terminate their payouts via this rail rather than via correspondent SWIFT relationships. That's how they deliver in minutes instead of days — and why their all-in cost can be a fraction of a classic SWIFT wire.
Cash pickup is the fourth node in the receiving graph: Western Union, MoneyGram, Ria, RemitOne. These remain expensive but are the only option in some last-mile situations (no bank account, no wallet, urgent cash need). Mobile money cash-out via an agent network is increasingly the cheaper alternative — see our country mobile-money fee page for current cash-out rates.
One practical tip: if you're expecting a payment from abroad, ask the sender to choose the destination based on speed and amount. Small frequent payments below US$1,000 are almost always cheaper via a remittance app to your wallet. Mid-size payments (US$1,000–10,000) work well to your bank account via the same apps. Genuinely large payments (above US$50,000) are usually only practical via a SWIFT wire, even though they're the most expensive per dollar at that band.
| Bank code | Country | Location |
|---|---|---|
| CGBK | RW | RW |
| Cogebanque | RW (Rwanda) | Kigali |
An 11-character variant like CGBKRWRWXXX also indicates the head office — the trailing 'XXX' is the default. Codes ending in different sequences (e.g. 'CGBKRWRW001') refer to specific branches.
Check any SWIFT/BIC code is correctly formatted before a transfer.
vs RWF (Rwandan Franc)
Cogebanque (Compagnie Générale de Banque) was founded in 1999 and is one of Rwanda's notable indigenous commercial banks, listed on the Rwanda Stock Exchange. It focuses on SME, agribusiness and retail banking, with a particular emphasis on serving Rwandan businesses outside the capital. Cogebanque has been an active participant in Rwanda's cashless-economy initiatives, integrating with MTN MoMo and Airtel Money rails, and operates a competitively-priced wire-receive service for diaspora-Rwanda transfers.
Cogebanque Building, KN 63 St, Kigali
Compagnie Générale de Banque (Cogebanque) — Rwanda's commercial bank (founded 1999) — has the SWIFT/BIC code CGBKRWRW. The 8-character base BIC CGBKRWRW targets the Kigali head office; the 11-character variant CGBKRWRWXXX names that same head office explicitly. You only need it for receiving an INTERNATIONAL wire (from another country). For transfers from another Rwanda account, you just use your account number plus the domestic rail (RIPPS).
Yes. Operators like WorldRemit, Sendwave, Afriex, and Flutterwave Send let a sender abroad deposit directly into MTN MoMo without going through your Cogebanque account. It's usually faster and cheaper than a SWIFT wire for smaller amounts. You can then move funds to Cogebanque via RIPPS if needed.
Via Rwanda Integrated Payments Processing System (RIPPS), which interconnects banks and wallets in real time. From the Cogebanque app: add MTN MoMo as a beneficiary with your phone number, and the transfer arrives instantly. See our Rwanda mobile money fees page for the exact cost.
For amounts under ~US$5,000, a remittance app (Wise, LemFi, Sendwave) depositing direct to your Cogebanque account is almost always cheaper than a classic SWIFT wire — lower fees and a rate closer to mid-market. For larger amounts, compare SWIFT vs app on our Rwanda inbound transfer comparison.
Yes. Cogebanque is connected to Rwanda Integrated Payments Processing System (RIPPS), which enables near-instant transfers to other Rwanda banks and to mobile money wallets (MTN MoMo, Airtel Money). This is the infrastructure remittance apps use behind the scenes to deliver in real time.
Source: Cogebanque's official website + Wise SWIFT directory. Last verified: 2026-06-18. SWIFT codes change rarely but always confirm with your bank before initiating a transfer. Educational only — not financial advice.