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

Compare today's XOF to ILS (CFA Franc BCEAO to Israeli New Sheqel) exchange rates

Benin
Israel
XOF

Interbank Exchange Rate: 1 XOF = 0.0057 ILS
Updated about 1 hours ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 XOF =
5.60 ILS
Transfer Limit (XOF): No Limits
Indicative Rate1 XOF = 0.0056 ILS

📢 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 Israeli New Sheqel money transfers

Easily compare money transfer providers in one place to send money from Benin to Israel. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Israeli New Sheqel (ILS) 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 Israel.

The best rate to send Israeli New Sheqel from CFA Franc BCEAO to your loved ones in Israel is currently offered by Verto; their 1 XOF to ILS exchange rate today is 0.0056.

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 Israel 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 ILS Conversion Rates

Here are some latest XOF to ILS (CFA Franc BCEAO to Israeli New Sheqel) exchange rates for popular conversion amounts*.

1 XOF0.01 ILS
5 XOF0.03 ILS
10 XOF0.06 ILS
25 XOF0.14 ILS
50 XOF0.29 ILS
100 XOF0.57 ILS
150 XOF0.86 ILS
200 XOF1.14 ILS
250 XOF1.43 ILS
300 XOF1.71 ILS
400 XOF2.28 ILS
500 XOF2.85 ILS
600 XOF3.42 ILS
700 XOF3.99 ILS
800 XOF4.56 ILS
1,000 XOF5.70 ILS
1,500 XOF8.55 ILS
2,000 XOF11.40 ILS
2,500 XOF14.25 ILS
3,000 XOF17.10 ILS
4,000 XOF22.80 ILS
5,000 XOF28.50 ILS
10,000 XOF57.00 ILS
15,000 XOF85.50 ILS
20,000 XOF114.00 ILS
30,000 XOF171.00 ILS
40,000 XOF228.00 ILS
50,000 XOF285.00 ILS
100,000 XOF570.00 ILS

*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 Israel from Benin?

Sending money internationally to Israel 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 ILS 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 Israel. 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 Israeli New Sheqel.


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

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Israel from Benin.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your XOF to Israeli New Sheqel remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for XOF to ILS remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to transfer money from Benin to Israel?

Finding the cheapest way to send money from Benin to Israel might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer XOF to ILS via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Benin to Israel exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


How to send money from Benin to Israel through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Benin to Israel. 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 XOF to ILS 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 Benin bank for your Israel 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.


How to send money from Benin to Israel fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Benin to Israel. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert XOF to ILS fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your CFA Franc BCEAO amount reaching Israel. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Israeli New Sheqel quickly to Israel, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


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

Comparing money transfer companies for sending money to Israel 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 Israel. 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 Israeli New Sheqel 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 Israeli New Sheqel yield on every CFA Franc BCEAO that you send.


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

With so many possible ways to transfer CFA Franc BCEAO to Israeli New Sheqel, 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 Israel 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 Israel. 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 Israeli New Sheqel money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.