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Compare today's XOF to PHP (CFA Franc BCEAO to Philippine Peso) exchange rates

Benin
Philippines
XOF

Interbank Exchange Rate: 1 XOF = 0.1063 PHP
Updated about an hour ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 XOF =
104.10 PHP
Transfer Limit (XOF): No Limits
Indicative Rate1 XOF = 0.1041 PHP

📢 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 Philippine Peso money transfers

Easily compare money transfer providers in one place to send money from Benin to Philippines. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Philippine Peso (PHP) 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 Philippines.

The best rate to send Philippine Peso from CFA Franc BCEAO to your loved ones in Philippines is currently offered by Verto; their 1 XOF to PHP exchange rate today is 0.1041.

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 Philippines 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 PHP Conversion Rates

Here are some latest XOF to PHP (CFA Franc BCEAO to Philippine Peso) exchange rates for popular conversion amounts*.

1 XOF0.11 PHP
5 XOF0.53 PHP
10 XOF1.06 PHP
25 XOF2.66 PHP
50 XOF5.32 PHP
100 XOF10.63 PHP
150 XOF15.95 PHP
200 XOF21.26 PHP
250 XOF26.58 PHP
300 XOF31.89 PHP
400 XOF42.52 PHP
500 XOF53.15 PHP
600 XOF63.78 PHP
700 XOF74.41 PHP
800 XOF85.04 PHP
1,000 XOF106.30 PHP
1,500 XOF159.45 PHP
2,000 XOF212.60 PHP
2,500 XOF265.75 PHP
3,000 XOF318.90 PHP
4,000 XOF425.20 PHP
5,000 XOF531.50 PHP
10,000 XOF1,063.00 PHP
15,000 XOF1,594.50 PHP
20,000 XOF2,126.00 PHP
30,000 XOF3,189.00 PHP
40,000 XOF4,252.00 PHP
50,000 XOF5,315.00 PHP
100,000 XOF10,630.00 PHP

*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 Philippines?

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 Philippines. 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 PHP.

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 PHP in Philippines. 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 Philippines from Benin. We provide you with maximum choices to send money to Philippines by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Philippines from Benin?

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 Philippines.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Benin to Philippines 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 Philippine Peso 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 send money to Philippines from Benin?

One of the most important things to watch out for is hidden fees when sending money to Philippines from Benin. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Philippines using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Philippine Peso foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best XOF to Philippines exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Philippines from Benin.


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

We do not recommend using your local bank in Benin for your next XOF to PHP 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 Philippines (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 PHP to Philippines. These companies will let you use your local bank account in Benin to pay for your Philippines 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 Philippines from Benin?

It could be a stressful experience if you need to rush money quickly from Benin to Philippines. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert XOF to PHP. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Philippine Peso. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Benin to Philippines money transfers.


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

Since the CFA Franc BCEAO to Philippine Peso money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Benin that may also be able to send money to Philippines. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your XOF to PHP money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Philippines gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Benin to Philippines transaction.


Step by step guide to transfer money to Philippines from Benin

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