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Compare today's XOF to JMD (CFA Franc BCEAO to Jamaican Dollar) exchange rates

Benin
Jamaica
XOF

Interbank Exchange Rate: 1 XOF = 0.2816 JMD
Updated about an hour ago

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All you need to know about CFA Franc BCEAO to Jamaican Dollar money transfers

Easily compare money transfer providers in one place to send money from Benin to Jamaica. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Jamaican Dollar (JMD) 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 Jamaica 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 JMD Conversion Rates

Here are some latest XOF to JMD (CFA Franc BCEAO to Jamaican Dollar) exchange rates for popular conversion amounts*.

1 XOF0.28 JMD
5 XOF1.41 JMD
10 XOF2.82 JMD
25 XOF7.04 JMD
50 XOF14.08 JMD
100 XOF28.16 JMD
150 XOF42.24 JMD
200 XOF56.32 JMD
250 XOF70.40 JMD
300 XOF84.48 JMD
400 XOF112.64 JMD
500 XOF140.80 JMD
600 XOF168.96 JMD
700 XOF197.12 JMD
800 XOF225.28 JMD
1,000 XOF281.60 JMD
1,500 XOF422.40 JMD
2,000 XOF563.20 JMD
2,500 XOF704.00 JMD
3,000 XOF844.80 JMD
4,000 XOF1,126.40 JMD
5,000 XOF1,408.00 JMD
10,000 XOF2,816.00 JMD
15,000 XOF4,224.00 JMD
20,000 XOF5,632.00 JMD
30,000 XOF8,448.00 JMD
40,000 XOF11,264.00 JMD
50,000 XOF14,080.00 JMD
100,000 XOF28,160.00 JMD

*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 from Benin to Jamaica?

It can be very confusing when sending money from Benin to Jamaica given so many choices. Additionally, CFA Franc BCEAO to JMD exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Benin to Jamaica as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Jamaica from Benin. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for CFA Franc BCEAO to Jamaican Dollar remittances.


How to get the best remit rate for transferring money from Benin to Jamaica?

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 Jamaica.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Benin to Jamaica 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 Jamaican Dollar 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 Jamaica?

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 Jamaica 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 Jamaican Dollar 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 Jamaica 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 JMD remittances.


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

Bank transfers have been a traditionally popular way to send money overseas from Benin to Jamaica. 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 JMD 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 Jamaica 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 Jamaica fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Benin to Jamaica. 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 JMD 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 Jamaica. 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 Jamaican Dollar quickly to Jamaica, 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 Jamaica 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 Jamaica, 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 Jamaican Dollar 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 JMD money transfers to Jamaica. 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 Jamaica getting more money for every CFA Franc BCEAO you send.


Step by step guide to send money from Benin to Jamaica

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