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Compare today's XOF to KPW (CFA Franc BCEAO to North Korean Won) exchange rates

Benin
North Korea
XOF

Interbank Exchange Rate: 1 XOF = 1.6231 KPW
Updated about an hour ago

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All you need to know about CFA Franc BCEAO to North Korean Won money transfers

Easily compare money transfer providers in one place to send money from Benin to North Korea. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to North Korean Won (KPW) 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.

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Latest XOF to KPW Conversion Rates

Here are some latest XOF to KPW (CFA Franc BCEAO to North Korean Won) exchange rates for popular conversion amounts*.

1 XOF1.62 KPW
5 XOF8.12 KPW
10 XOF16.23 KPW
25 XOF40.58 KPW
50 XOF81.16 KPW
100 XOF162.31 KPW
150 XOF243.47 KPW
200 XOF324.62 KPW
250 XOF405.78 KPW
300 XOF486.93 KPW
400 XOF649.24 KPW
500 XOF811.55 KPW
600 XOF973.86 KPW
700 XOF1,136.17 KPW
800 XOF1,298.48 KPW
1,000 XOF1,623.10 KPW
1,500 XOF2,434.65 KPW
2,000 XOF3,246.20 KPW
2,500 XOF4,057.75 KPW
3,000 XOF4,869.30 KPW
4,000 XOF6,492.40 KPW
5,000 XOF8,115.50 KPW
10,000 XOF16,231.00 KPW
15,000 XOF24,346.50 KPW
20,000 XOF32,462.00 KPW
30,000 XOF48,693.00 KPW
40,000 XOF64,924.00 KPW
50,000 XOF81,155.00 KPW
100,000 XOF162,310.00 KPW

*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 North Korea?

With the global remittance market booming, there are so many choices for CFA Franc BCEAO to KPW money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to North Korea from Benin. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final KPW amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best rate to transfer money to North Korea from Benin?

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 North Korean Won 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 North Korea. 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 KPW remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


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

The final amount your recipient gets when you send XOF to KPW 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 North Korea 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 North Korean Won 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 North Korea 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.


How to send money from Benin to North Korea 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 North Korea 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 KPW transfers.

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


What is the fastest way to transfer money from Benin to North Korea?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Benin to North Korea. 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 KPW 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 North Korea. 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 North Korean Won quickly to North Korea, 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 from Benin to North Korea?

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 North Korea, 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 North Korean Won 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 KPW money transfers to North Korea. 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 North Korea getting more money for every CFA Franc BCEAO you send.


Step by step guide to transfer money to North Korea from Benin

Follow the below easy steps to send money to North Korea 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 North Korea).
  • 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.

The provider will then work on your XOF to KPW remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your 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.