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Compare today's BSD to XOF (Bahamian Dollar to CFA Franc BCEAO) exchange rates

Bahamas
Guinea-Bissau
BSD

Interbank Exchange Rate: 1 BSD = 555.7155 XOF
Updated about 1 hours ago

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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 Guinea-Bissau. 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 Guinea-Bissau 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 BSD555.72 XOF
5 BSD2,778.58 XOF
10 BSD5,557.16 XOF
25 BSD13,892.89 XOF
50 BSD27,785.78 XOF
100 BSD55,571.55 XOF
150 BSD83,357.33 XOF
200 BSD111,143.10 XOF
250 BSD138,928.88 XOF
300 BSD166,714.65 XOF
400 BSD222,286.20 XOF
500 BSD277,857.75 XOF
600 BSD333,429.30 XOF
700 BSD389,000.85 XOF
800 BSD444,572.40 XOF
1,000 BSD555,715.50 XOF
1,500 BSD833,573.25 XOF
2,000 BSD1,111,431.00 XOF
2,500 BSD1,389,288.75 XOF
3,000 BSD1,667,146.50 XOF
4,000 BSD2,222,862.00 XOF
5,000 BSD2,778,577.50 XOF
10,000 BSD5,557,155.00 XOF
15,000 BSD8,335,732.50 XOF
20,000 BSD11,114,310.00 XOF
30,000 BSD16,671,465.00 XOF
40,000 BSD22,228,620.00 XOF
50,000 BSD27,785,775.00 XOF
100,000 BSD55,571,550.00 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 from Bahamas to Guinea-Bissau?

There are many good choices when it comes to sending money from Bahamas to Guinea-Bissau. 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 Guinea-Bissau 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 rate to transfer money to Guinea-Bissau from Bahamas?

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 Guinea-Bissau. 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 to send money from Bahamas to Guinea-Bissau?

One of the most important things to watch out for is hidden fees when sending money to Guinea-Bissau from Bahamas. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Guinea-Bissau using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your CFA Franc BCEAO foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best BSD to Guinea-Bissau exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Guinea-Bissau from Bahamas.


How to send money from Bahamas to Guinea-Bissau through a bank?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Bahamas to Guinea-Bissau money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like BSD to XOF transfers.

Given this, there are umpteen additional options to send money to Guinea-Bissau instead of just your Bahamas bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Bahamian Dollar even more so that your recipient in Guinea-Bissau gets the maximum amount.


What is the fastest way to do a money transfer to Guinea-Bissau from Bahamas?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Bahamas to Guinea-Bissau. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert BSD to XOF fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Bahamian Dollar amount reaching Guinea-Bissau. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush CFA Franc BCEAO quickly to Guinea-Bissau, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to transfer money to Guinea-Bissau from Bahamas?

The first step in selecting the best money transfer operators for Bahamas to Guinea-Bissau remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Bahamian Dollar to CFA Franc BCEAO money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Guinea-Bissau.


Step by step guide to do a money transfer from Bahamas to Guinea-Bissau

The first step to send money to Guinea-Bissau from Bahamas is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your BSD to XOF overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Guinea-Bissau if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Bahamas bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Guinea-Bissau!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Bahamas to Guinea-Bissau.