Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's XOF to BIF (CFA Franc BCEAO to Burundian Franc) exchange rates

Benin
Burundi
XOF

Interbank Exchange Rate: 1 XOF = 5.3260 BIF
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about CFA Franc BCEAO to Burundian Franc money transfers

Easily compare money transfer providers in one place to send money from Benin to Burundi. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Burundian Franc (BIF) 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 Benin.

Were you looking to send money from Burundi to Benin 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 XOF to BIF Conversion Rates

Here are some latest XOF to BIF (CFA Franc BCEAO to Burundian Franc) exchange rates for popular conversion amounts*.

1 XOF5.33 BIF
5 XOF26.63 BIF
10 XOF53.26 BIF
25 XOF133.15 BIF
50 XOF266.30 BIF
100 XOF532.60 BIF
150 XOF798.90 BIF
200 XOF1,065.20 BIF
250 XOF1,331.50 BIF
300 XOF1,597.80 BIF
400 XOF2,130.40 BIF
500 XOF2,663.00 BIF
600 XOF3,195.60 BIF
700 XOF3,728.20 BIF
800 XOF4,260.80 BIF
1,000 XOF5,326.00 BIF
1,500 XOF7,989.00 BIF
2,000 XOF10,652.00 BIF
2,500 XOF13,315.00 BIF
3,000 XOF15,978.00 BIF
4,000 XOF21,304.00 BIF
5,000 XOF26,630.00 BIF
10,000 XOF53,260.00 BIF
15,000 XOF79,890.00 BIF
20,000 XOF106,520.00 BIF
30,000 XOF159,780.00 BIF
40,000 XOF213,040.00 BIF
50,000 XOF266,300.00 BIF
100,000 XOF532,600.00 BIF

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


What's the best way to transfer money from Benin to Burundi?

With the global remittance market booming, there are so many choices for CFA Franc BCEAO to BIF money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Burundi from Benin. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final BIF amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best rate to transfer money to Burundi from Benin?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Burundi from Benin. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your XOF to Burundian Franc money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Benin to Burundi corridor to give you more good choices for your next BIF money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money to Burundi from Benin?

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 Benin to Burundi 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 CFA Franc BCEAO to Burundian Franc 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 Benin to Burundi 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 XOF to BIF remittances.


Should I use my bank to transfer money from Benin to Burundi?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low XOF to BIF exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Benin to Burundi money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Burundi from Benin. They do this by letting you fund your transaction through your local bank account in Benin, and by allowing you to choose the payout to be your recipient's bank account in Burundi. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Benin to Burundi fast?

The first thing to do when you need to convert XOF to BIF quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between CFA Franc BCEAO and Burundian Franc. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Benin to Burundi remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Burundi.


Which are the best money transfer companies to transfer money to Burundi from Benin?

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 Benin to Burundi, 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 CFA Franc BCEAO to Burundian Franc 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 BIF money transfers to Burundi. 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 Burundi getting more money for every CFA Franc BCEAO you send.


Step by step guide to transfer money to Burundi from Benin

With so many possible ways to transfer CFA Franc BCEAO to Burundian Franc, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Benin to Burundi remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Benin and the receiver in Burundi. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your XOF to Burundian Franc money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.