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Compare today's XOF to GMD (CFA Franc BCEAO to Gambian Dalasi) exchange rates

Benin
Gambia
XOF

Interbank Exchange Rate: 1 XOF = 0.1317 GMD
Updated about an hour ago

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All you need to know about CFA Franc BCEAO to Gambian Dalasi money transfers

Easily compare money transfer providers in one place to send money from Benin to Gambia. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Gambian Dalasi (GMD) 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 Gambia 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 GMD Conversion Rates

Here are some latest XOF to GMD (CFA Franc BCEAO to Gambian Dalasi) exchange rates for popular conversion amounts*.

1 XOF0.13 GMD
5 XOF0.66 GMD
10 XOF1.32 GMD
25 XOF3.29 GMD
50 XOF6.59 GMD
100 XOF13.17 GMD
150 XOF19.76 GMD
200 XOF26.34 GMD
250 XOF32.93 GMD
300 XOF39.51 GMD
400 XOF52.68 GMD
500 XOF65.85 GMD
600 XOF79.02 GMD
700 XOF92.19 GMD
800 XOF105.36 GMD
1,000 XOF131.70 GMD
1,500 XOF197.55 GMD
2,000 XOF263.40 GMD
2,500 XOF329.25 GMD
3,000 XOF395.10 GMD
4,000 XOF526.80 GMD
5,000 XOF658.50 GMD
10,000 XOF1,317.00 GMD
15,000 XOF1,975.50 GMD
20,000 XOF2,634.00 GMD
30,000 XOF3,951.00 GMD
40,000 XOF5,268.00 GMD
50,000 XOF6,585.00 GMD
100,000 XOF13,170.00 GMD

*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 Gambia from Benin?

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 Gambia. 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 GMD.

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 GMD in Gambia. 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 Gambia from Benin. We provide you with maximum choices to send money to Gambia 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 Benin to Gambia?

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 Gambia.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Benin to Gambia 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 Gambian Dalasi 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 transfer money from Benin to Gambia?

The final amount your recipient gets when you send XOF to GMD is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Benin to Gambia used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Gambian Dalasi is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best CFA Franc BCEAO to Gambia exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


Should I use my bank to send money from Benin to Gambia?

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 Gambia 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 GMD transfers.

Given this, there are umpteen additional options to send money to Gambia 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 Gambia gets the maximum amount.


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

The first thing to do when you need to convert XOF to GMD 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 Gambian Dalasi. 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 Gambia 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 Gambia.


Which are the best money transfer companies to send money from Benin to Gambia?

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 Gambia, 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 Gambian Dalasi 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 GMD money transfers to Gambia. 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 Gambia getting more money for every CFA Franc BCEAO you send.


Step by step guide to send money from Benin to Gambia

There are many important aspects of Benin to Gambia 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 GMD 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 Gambia to validate that they get the money once the transaction clears.