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

Compare today's XOF to CNY (CFA Franc BCEAO to Chinese Yuan) exchange rates

Benin
China
XOF

Interbank Exchange Rate: 1 XOF = 0.0126 CNY
Updated about an hour ago

Found 1 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 XOF =
12.30 CNY
Transfer Limit (XOF): No Limits
Indicative Rate1 XOF = 0.0123 CNY

📢 B2B transfers only

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about CFA Franc BCEAO to Chinese Yuan money transfers

Easily compare money transfer providers in one place to send money from Benin to China. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Chinese Yuan (CNY) 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.

RemitFinder compared 1 money transfer operators to get you the best FX rates to send money from Benin to China.

The best rate to send Chinese Yuan from CFA Franc BCEAO to your loved ones in China is currently offered by Verto; their 1 XOF to CNY exchange rate today is 0.0123.

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 China 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 CNY Conversion Rates

Here are some latest XOF to CNY (CFA Franc BCEAO to Chinese Yuan) exchange rates for popular conversion amounts*.

1 XOF0.01 CNY
5 XOF0.06 CNY
10 XOF0.13 CNY
25 XOF0.32 CNY
50 XOF0.63 CNY
100 XOF1.26 CNY
150 XOF1.89 CNY
200 XOF2.52 CNY
250 XOF3.15 CNY
300 XOF3.78 CNY
400 XOF5.04 CNY
500 XOF6.30 CNY
600 XOF7.56 CNY
700 XOF8.82 CNY
800 XOF10.08 CNY
1,000 XOF12.60 CNY
1,500 XOF18.90 CNY
2,000 XOF25.20 CNY
2,500 XOF31.50 CNY
3,000 XOF37.80 CNY
4,000 XOF50.40 CNY
5,000 XOF63.00 CNY
10,000 XOF126.00 CNY
15,000 XOF189.00 CNY
20,000 XOF252.00 CNY
30,000 XOF378.00 CNY
40,000 XOF504.00 CNY
50,000 XOF630.00 CNY
100,000 XOF1,260.00 CNY

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


What's the best way to do Benin to China 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 Benin to China. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer CFA Franc BCEAO to CNY.

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 XOF to CNY in China. 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 China from Benin. We provide you with maximum choices to send money to China by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for sending money from Benin to China?

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 China.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Benin to China 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 XOF to Chinese Yuan 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 to send money from Benin to China?

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 China 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 Chinese Yuan 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 China 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 CNY remittances.


How to send money to China from Benin 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 Benin to China 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 XOF to CNY transfers.

Given this, there are umpteen additional options to send money to China instead of just your Benin 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 CFA Franc BCEAO even more so that your recipient in China gets the maximum amount.


What is the fastest way to transfer money from Benin to China?

If you need to convert XOF to CNY 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 Benin to China 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 CFA Franc BCEAO to Chinese Yuan 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 China.

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

Comparing money transfer companies for sending money to China from Benin can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to China. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your CFA Franc BCEAO to Chinese Yuan transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Chinese Yuan yield on every CFA Franc BCEAO that you send.


Step by step guide to do a money transfer from Benin to China

There are many important aspects of Benin to China remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Benin bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include CNY bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much CFA Franc BCEAO amount you want to send from Benin.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in China to validate that they get the money once the transaction clears.