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Compare today's BDT to XOF (Bangladeshi Taka to CFA Franc BCEAO) exchange rates

Bangladesh
Niger
BDT

Interbank Exchange Rate: 1 BDT = 4.5516 XOF
Updated about an hour ago

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All you need to know about Bangladeshi Taka to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Bangladesh to Niger. Send money overseas to your loved ones by comparing Bangladeshi Taka (BDT) 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 Bangladesh.

Were you looking to send money from Niger to Bangladesh 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 BDT to XOF Conversion Rates

Here are some latest BDT to XOF (Bangladeshi Taka to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 BDT4.55 XOF
5 BDT22.76 XOF
10 BDT45.52 XOF
25 BDT113.79 XOF
50 BDT227.58 XOF
100 BDT455.16 XOF
150 BDT682.74 XOF
200 BDT910.32 XOF
250 BDT1,137.90 XOF
300 BDT1,365.48 XOF
400 BDT1,820.64 XOF
500 BDT2,275.80 XOF
600 BDT2,730.96 XOF
700 BDT3,186.12 XOF
800 BDT3,641.28 XOF
1,000 BDT4,551.60 XOF
1,500 BDT6,827.40 XOF
2,000 BDT9,103.20 XOF
2,500 BDT11,379.00 XOF
3,000 BDT13,654.80 XOF
4,000 BDT18,206.40 XOF
5,000 BDT22,758.00 XOF
10,000 BDT45,516.00 XOF
15,000 BDT68,274.00 XOF
20,000 BDT91,032.00 XOF
30,000 BDT136,548.00 XOF
40,000 BDT182,064.00 XOF
50,000 BDT227,580.00 XOF
100,000 BDT455,160.00 XOF

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Bangladesh to Niger money transfers?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Bangladesh to Niger. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Bangladeshi Taka to XOF.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send BDT to XOF in Niger. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Niger from Bangladesh. We provide you with maximum choices to send money to Niger by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best remit rate for transferring money from Bangladesh to Niger?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Niger.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Bangladesh to Niger transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your BDT to CFA Franc BCEAO money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way for transferring money to Niger from Bangladesh?

One of the most important things to watch out for is hidden fees when sending money to Niger from Bangladesh. 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 Niger 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 BDT to Niger 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 Niger from Bangladesh.


Should I use my bank to send money from Bangladesh to Niger?

Bank transfers have been a traditionally popular way to send money overseas from Bangladesh to Niger. 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 BDT 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 Bangladesh bank for your Niger 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.


What is the fastest way to transfer money from Bangladesh to Niger?

If you need to convert BDT 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 Bangladesh to Niger 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 Bangladeshi Taka 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 Niger.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Bangladesh to Niger. 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 Niger from Bangladesh?

Since the Bangladeshi Taka to CFA Franc BCEAO money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Bangladesh that may also be able to send money to Niger. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your BDT to XOF money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Niger gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Bangladesh to Niger transaction.


Step by step guide to send money from Bangladesh to Niger

The first step to send money to Niger from Bangladesh 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 BDT 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 Niger if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Bangladesh bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Niger!

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 Bangladesh to Niger.