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Compare today's XOF to BOB (CFA Franc BCEAO to Bolivian Boliviano) exchange rates

Burkina Faso
Bolivia
XOF

Interbank Exchange Rate: 1 XOF = 0.0124 BOB
Updated about an hour ago

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All you need to know about CFA Franc BCEAO to Bolivian Boliviano money transfers

Easily compare money transfer providers in one place to send money from Burkina Faso to Bolivia. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Bolivian Boliviano (BOB) 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 Burkina Faso.

Were you looking to send money from Bolivia to Burkina Faso 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 BOB Conversion Rates

Here are some latest XOF to BOB (CFA Franc BCEAO to Bolivian Boliviano) exchange rates for popular conversion amounts*.

1 XOF0.01 BOB
5 XOF0.06 BOB
10 XOF0.12 BOB
25 XOF0.31 BOB
50 XOF0.62 BOB
100 XOF1.24 BOB
150 XOF1.86 BOB
200 XOF2.48 BOB
250 XOF3.10 BOB
300 XOF3.72 BOB
400 XOF4.96 BOB
500 XOF6.20 BOB
600 XOF7.44 BOB
700 XOF8.68 BOB
800 XOF9.92 BOB
1,000 XOF12.40 BOB
1,500 XOF18.60 BOB
2,000 XOF24.80 BOB
2,500 XOF31.00 BOB
3,000 XOF37.20 BOB
4,000 XOF49.60 BOB
5,000 XOF62.00 BOB
10,000 XOF124.00 BOB
15,000 XOF186.00 BOB
20,000 XOF248.00 BOB
30,000 XOF372.00 BOB
40,000 XOF496.00 BOB
50,000 XOF620.00 BOB
100,000 XOF1,240.00 BOB

*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 Burkina Faso to Bolivia?

There are many good choices when it comes to sending money from Burkina Faso to Bolivia. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your CFA Franc BCEAO to BOB money transfers.

We compare different remittance companies to bring you the best options to send money to Bolivia from Burkina Faso. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your CFA Franc BCEAO to Bolivian Boliviano money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best exchange rate for your money transfers from Burkina Faso to Bolivia?

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 Bolivia.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Burkina Faso to Bolivia 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 Bolivian Boliviano 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 Bolivia from Burkina Faso?

One of the most important things to watch out for is hidden fees when sending money to Bolivia from Burkina Faso. 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 Bolivia using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Bolivian Boliviano foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best XOF to Bolivia 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 Bolivia from Burkina Faso.


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

Bank transfers have been a traditionally popular way to send money overseas from Burkina Faso to Bolivia. 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 BOB 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 Burkina Faso bank for your Bolivia 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 to Bolivia from Burkina Faso fast?

It could be a stressful experience if you need to rush money quickly from Burkina Faso to Bolivia. 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 BOB. 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 Bolivian Boliviano. 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 Burkina Faso to Bolivia money transfers.


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

Comparing money transfer companies for sending money to Bolivia from Burkina Faso can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Bolivia. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your CFA Franc BCEAO to Bolivian Boliviano transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Bolivian Boliviano yield on every CFA Franc BCEAO that you send.


Step by step guide to do a money transfer from Burkina Faso to Bolivia

With so many possible ways to transfer CFA Franc BCEAO to Bolivian Boliviano, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Burkina Faso to Bolivia remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Burkina Faso and the receiver in Bolivia. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your XOF to Bolivian Boliviano money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.