Compare today's XOF to GTQ (CFA Franc BCEAO to Guatemalan Quetzal) exchange rates
Interbank Exchange Rate: 1 XOF = 0.0138 GTQ
Updated about an hour ago
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All you need to know about CFA Franc BCEAO to Guatemalan Quetzal money transfers
Easily compare money transfer providers in one place to send money from Benin to Guatemala. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Guatemalan Quetzal (GTQ) 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.
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Latest XOF to GTQ Conversion Rates
Here are some latest XOF to GTQ (CFA Franc BCEAO to Guatemalan Quetzal) exchange rates for popular conversion amounts*.
| 1 XOF | 0.01 GTQ |
| 5 XOF | 0.07 GTQ |
| 10 XOF | 0.14 GTQ |
| 25 XOF | 0.35 GTQ |
| 50 XOF | 0.69 GTQ |
| 100 XOF | 1.38 GTQ |
| 150 XOF | 2.07 GTQ |
| 200 XOF | 2.76 GTQ |
| 250 XOF | 3.45 GTQ |
| 300 XOF | 4.14 GTQ |
| 400 XOF | 5.52 GTQ |
| 500 XOF | 6.90 GTQ |
| 600 XOF | 8.28 GTQ |
| 700 XOF | 9.66 GTQ |
| 800 XOF | 11.04 GTQ |
| 1,000 XOF | 13.80 GTQ |
| 1,500 XOF | 20.70 GTQ |
| 2,000 XOF | 27.60 GTQ |
| 2,500 XOF | 34.50 GTQ |
| 3,000 XOF | 41.40 GTQ |
| 4,000 XOF | 55.20 GTQ |
| 5,000 XOF | 69.00 GTQ |
| 10,000 XOF | 138.00 GTQ |
| 15,000 XOF | 207.00 GTQ |
| 20,000 XOF | 276.00 GTQ |
| 30,000 XOF | 414.00 GTQ |
| 40,000 XOF | 552.00 GTQ |
| 50,000 XOF | 690.00 GTQ |
| 100,000 XOF | 1,380.00 GTQ |
*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 Guatemala?
Sending money internationally to Guatemala from Benin can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your CFA Franc BCEAO to GTQ remittances.
Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Guatemala. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Guatemalan Quetzal.
How to get the best exchange rate for sending money from Benin to Guatemala?
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 XOF to Guatemalan Quetzal 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 Benin to Guatemala. 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 XOF to GTQ remittances. With our daily free rate alert, you will never have to manually search and compare providers again.
What's the cheapest way for transferring money to Guatemala 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 Guatemala 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 Guatemalan Quetzal 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 Guatemala 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 GTQ remittances.
Should I use my bank to transfer money from Benin to Guatemala?
We do not recommend using your local bank in Benin for your next XOF to GTQ overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Benin to Guatemala (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.
Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending GTQ to Guatemala. These companies will let you use your local bank account in Benin to pay for your Guatemala money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.
What is the fastest way to do a money transfer to Guatemala from Benin?
If you need to convert XOF to GTQ 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 Guatemala 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 Guatemalan Quetzal 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 Guatemala.
With so many choices available, make sure to compare various forex operators that enable you to remit money from Benin to Guatemala. 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 Guatemala from Benin?
Benin to Guatemala money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Guatemala as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.
Once you have defined your parameters, selecting the best CFA Franc BCEAO to Guatemalan Quetzal money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.
Step by step guide to do a money transfer from Benin to Guatemala
Follow the below easy steps to send money to Guatemala from Benin.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Benin bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Guatemala).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.