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Compare today's BMD to XOF (Bermudian Dollar to CFA Franc BCEAO) exchange rates

Bermuda
Burkina Faso
BMD

Interbank Exchange Rate: 1 BMD = 554.8367 XOF
Updated about an hour ago

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

Easily compare money transfer providers in one place to send money from Bermuda to Burkina Faso. Send money overseas to your loved ones by comparing Bermudian Dollar (BMD) to CFA Franc BCEAO (XOF) 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 Bermuda.

Were you looking to send money from Burkina Faso to Bermuda 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 BMD to XOF Conversion Rates

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

1 BMD554.84 XOF
5 BMD2,774.18 XOF
10 BMD5,548.37 XOF
25 BMD13,870.92 XOF
50 BMD27,741.84 XOF
100 BMD55,483.67 XOF
150 BMD83,225.50 XOF
200 BMD110,967.34 XOF
250 BMD138,709.18 XOF
300 BMD166,451.01 XOF
400 BMD221,934.68 XOF
500 BMD277,418.35 XOF
600 BMD332,902.02 XOF
700 BMD388,385.69 XOF
800 BMD443,869.36 XOF
1,000 BMD554,836.70 XOF
1,500 BMD832,255.05 XOF
2,000 BMD1,109,673.40 XOF
2,500 BMD1,387,091.75 XOF
3,000 BMD1,664,510.10 XOF
4,000 BMD2,219,346.80 XOF
5,000 BMD2,774,183.50 XOF
10,000 BMD5,548,367.00 XOF
15,000 BMD8,322,550.50 XOF
20,000 BMD11,096,734.00 XOF
30,000 BMD16,645,101.00 XOF
40,000 BMD22,193,468.00 XOF
50,000 BMD27,741,835.00 XOF
100,000 BMD55,483,670.00 XOF

*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 Bermuda to Burkina Faso?

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 Bermuda to Burkina Faso. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Bermudian Dollar to XOF.

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 BMD to XOF in Burkina Faso. 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 Burkina Faso from Bermuda. We provide you with maximum choices to send money to Burkina Faso by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for sending money from Bermuda to Burkina Faso?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Bermuda to Burkina Faso transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your BMD to CFA Franc BCEAO international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Bermudian Dollar to CFA Franc BCEAO exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to transfer money from Bermuda to Burkina Faso?

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 Bermuda to Burkina Faso 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 Bermudian Dollar to CFA Franc BCEAO 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 Bermuda to Burkina Faso 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 BMD to XOF remittances.


Should I use my bank to transfer money from Bermuda to Burkina Faso?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low BMD to XOF exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Bermuda to Burkina Faso money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Burkina Faso from Bermuda. They do this by letting you fund your transaction through your local bank account in Bermuda, and by allowing you to choose the payout to be your recipient's bank account in Burkina Faso. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money to Burkina Faso from Bermuda fast?

It could be a stressful experience if you need to rush money quickly from Bermuda to Burkina Faso. 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 BMD to XOF. 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 CFA Franc BCEAO. 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 Bermuda to Burkina Faso money transfers.


Which are the best money transfer companies to transfer money from Bermuda to Burkina Faso?

Since the Bermudian Dollar to CFA Franc BCEAO 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 Bermuda that may also be able to send money to Burkina Faso. 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 BMD to XOF money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Burkina Faso gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Bermuda to Burkina Faso transaction.


Step by step guide to send money from Bermuda to Burkina Faso

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Bermuda to Burkina Faso, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Bermuda to Burkina Faso that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Burkina Faso where they can receive monies in CFA Franc BCEAO.
  • Then, provide details of your Bermuda bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your BMD travel to another part of the globe.