Compare today's BSD to XOF (Bahamian Dollar to CFA Franc BCEAO) exchange rates
Interbank Exchange Rate: 1 BSD = 555.4739 XOF
Updated about an hour ago
Found 0 Remittance Service Providers
0 Remit Service Providers did not match the search criteria.
All you need to know about Bahamian Dollar to CFA Franc BCEAO money transfers
Easily compare money transfer providers in one place to send money from Bahamas to Benin. Send money overseas to your loved ones by comparing Bahamian Dollar (BSD) to CFA Franc BCEAO (XOF) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.
Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Bahamas.
Were you looking to send money from Benin to Bahamas instead?
If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.
Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.
Latest BSD to XOF Conversion Rates
Here are some latest BSD to XOF (Bahamian Dollar to CFA Franc BCEAO) exchange rates for popular conversion amounts*.
| 1 BSD | 555.47 XOF |
| 5 BSD | 2,777.37 XOF |
| 10 BSD | 5,554.74 XOF |
| 25 BSD | 13,886.85 XOF |
| 50 BSD | 27,773.70 XOF |
| 100 BSD | 55,547.39 XOF |
| 150 BSD | 83,321.08 XOF |
| 200 BSD | 111,094.78 XOF |
| 250 BSD | 138,868.47 XOF |
| 300 BSD | 166,642.17 XOF |
| 400 BSD | 222,189.56 XOF |
| 500 BSD | 277,736.95 XOF |
| 600 BSD | 333,284.34 XOF |
| 700 BSD | 388,831.73 XOF |
| 800 BSD | 444,379.12 XOF |
| 1,000 BSD | 555,473.90 XOF |
| 1,500 BSD | 833,210.85 XOF |
| 2,000 BSD | 1,110,947.80 XOF |
| 2,500 BSD | 1,388,684.75 XOF |
| 3,000 BSD | 1,666,421.70 XOF |
| 4,000 BSD | 2,221,895.60 XOF |
| 5,000 BSD | 2,777,369.50 XOF |
| 10,000 BSD | 5,554,739.00 XOF |
| 15,000 BSD | 8,332,108.50 XOF |
| 20,000 BSD | 11,109,478.00 XOF |
| 30,000 BSD | 16,664,217.00 XOF |
| 40,000 BSD | 22,218,956.00 XOF |
| 50,000 BSD | 27,773,695.00 XOF |
| 100,000 BSD | 55,547,390.00 XOF |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to send money to Benin from Bahamas?
There are many good choices when it comes to sending money from Bahamas to Benin. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Bahamian Dollar to XOF money transfers.We compare different remittance companies to bring you the best options to send money to Benin from Bahamas. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.
Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Bahamian Dollar to CFA Franc BCEAO money transfers. You can take advantage of these deals and make the most of your hard earned money.
How to get the best exchange rate for your money transfers from Bahamas to Benin?
When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your BSD to CFA Franc BCEAO money transfer.Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Bahamas to Benin. We carefully select providers to give you the best choices for sending money internationally.
Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for BSD to XOF remittances. With our daily free rate alert, you will never have to manually search and compare providers again.
What's the cheapest way for transferring money to Benin from Bahamas?
While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Bahamas to Benin via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.A sure way to find the most cost effective way for Bahamian Dollar to CFA Franc BCEAO remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.
Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Bahamas to Benin exchange rate.
Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for BSD to XOF remittances.
Should I use my bank to send money from Bahamas to Benin?
Bank transfers have been a traditionally popular way to send money overseas from Bahamas to Benin. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the BSD to XOF exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.
We, therefore, recommend that before you use your Bahamas bank for your Benin money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.
How to send money to Benin from Bahamas fast?
If you need to convert BSD to XOF as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Bahamas to Benin could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.
Apart from the above, there are many other factors that can have an impact on your Bahamian Dollar to CFA Franc BCEAO funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Benin.
With so many choices available, make sure to compare various forex operators that enable you to remit money from Bahamas to Benin. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.
Which are the best money transfer companies to send money to Benin from Bahamas?
The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Bahamas to Benin, we can help you in choosing the best provider.There are several key points you would want to check for; these include, but are not limited to, the best Bahamian Dollar to CFA Franc BCEAO exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.
After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your XOF money transfers to Benin. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.
Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Benin getting more money for every Bahamian Dollar you send.
Step by step guide to send money to Benin from Bahamas
Follow the below easy steps to send money to Benin from Bahamas.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Bahamas bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Benin).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.