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

Compare today's XOF to TWD (CFA Franc BCEAO to New Taiwan Dollar) exchange rates

Benin
Taiwan
XOF

Interbank Exchange Rate: 1 XOF = 0.0570 TWD
Updated about an hour ago

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

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

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

1 XOF0.06 TWD
5 XOF0.29 TWD
10 XOF0.57 TWD
25 XOF1.43 TWD
50 XOF2.85 TWD
100 XOF5.70 TWD
150 XOF8.55 TWD
200 XOF11.40 TWD
250 XOF14.25 TWD
300 XOF17.10 TWD
400 XOF22.80 TWD
500 XOF28.50 TWD
600 XOF34.20 TWD
700 XOF39.90 TWD
800 XOF45.60 TWD
1,000 XOF57.00 TWD
1,500 XOF85.50 TWD
2,000 XOF114.00 TWD
2,500 XOF142.50 TWD
3,000 XOF171.00 TWD
4,000 XOF228.00 TWD
5,000 XOF285.00 TWD
10,000 XOF570.00 TWD
15,000 XOF855.00 TWD
20,000 XOF1,140.00 TWD
30,000 XOF1,710.00 TWD
40,000 XOF2,280.00 TWD
50,000 XOF2,850.00 TWD
100,000 XOF5,700.00 TWD

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Benin to Taiwan money transfers?

With the global remittance market booming, there are so many choices for CFA Franc BCEAO to TWD 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 Taiwan 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 TWD 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 remit rate for transferring money from Benin to Taiwan?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Taiwan from Benin. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your XOF to New Taiwan Dollar money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Benin to Taiwan corridor to give you more good choices for your next TWD money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money to Taiwan from Benin?

The final amount your recipient gets when you send XOF to TWD 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 Taiwan 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 New Taiwan Dollar 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 Taiwan 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 Taiwan through a bank?

Big banks in Benin are known to make a lot of money by charging high fees on Taiwan money transfers from Benin. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a XOF to TWD exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Taiwan. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Benin to Taiwan. You work hard for your money, so you should also ensure you get the maximum yield when you send TWD overseas.


How to send money to Taiwan from Benin fast?

It could be a stressful experience if you need to rush money quickly from Benin to Taiwan. 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 TWD. 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 New Taiwan Dollar. 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 Taiwan money transfers.


Which are the best money transfer companies to transfer money to Taiwan from Benin?

Since the CFA Franc BCEAO to New Taiwan Dollar 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 Taiwan. 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 TWD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Taiwan 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 Taiwan transaction.


Step by step guide to send money from Benin to Taiwan

The first step to send money to Taiwan from Benin is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your XOF to TWD overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Taiwan if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Benin bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Taiwan!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Benin to Taiwan.