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Compare today's XOF to BAM (CFA Franc BCEAO to Convertible Mark) exchange rates

Burkina Faso
Bosnia and Herzegovina
XOF

Interbank Exchange Rate: 1 XOF = 0.0030 BAM
Updated about 1 hours ago

Found 0 Remittance Service Providers

All you need to know about CFA Franc BCEAO to Convertible Mark money transfers

Easily compare money transfer providers in one place to send money from Burkina Faso to Bosnia and Herzegovina. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Convertible Mark (BAM) 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 Bosnia and Herzegovina 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 BAM Conversion Rates

Here are some latest XOF to BAM (CFA Franc BCEAO to Convertible Mark) exchange rates for popular conversion amounts*.

1 XOF0.00 BAM
5 XOF0.02 BAM
10 XOF0.03 BAM
25 XOF0.08 BAM
50 XOF0.15 BAM
100 XOF0.30 BAM
150 XOF0.45 BAM
200 XOF0.60 BAM
250 XOF0.75 BAM
300 XOF0.90 BAM
400 XOF1.20 BAM
500 XOF1.50 BAM
600 XOF1.80 BAM
700 XOF2.10 BAM
800 XOF2.40 BAM
1,000 XOF3.00 BAM
1,500 XOF4.50 BAM
2,000 XOF6.00 BAM
2,500 XOF7.50 BAM
3,000 XOF9.00 BAM
4,000 XOF12.00 BAM
5,000 XOF15.00 BAM
10,000 XOF30.00 BAM
15,000 XOF45.00 BAM
20,000 XOF60.00 BAM
30,000 XOF90.00 BAM
40,000 XOF120.00 BAM
50,000 XOF150.00 BAM
100,000 XOF300.00 BAM

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


What's the best way to do Burkina Faso to Bosnia and Herzegovina money transfers?

With the global remittance market booming, there are so many choices for CFA Franc BCEAO to BAM 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 Bosnia and Herzegovina from Burkina Faso. 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 BAM 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 Bosnia and Herzegovina from Burkina Faso?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Bosnia and Herzegovina from Burkina Faso.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your XOF to Convertible Mark remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for XOF to BAM remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to send money to Bosnia and Herzegovina from Burkina Faso?

One of the most important things to watch out for is hidden fees when sending money to Bosnia and Herzegovina 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 Bosnia and Herzegovina using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Convertible Mark foreign exchange transaction.

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


Should I use my bank to send money from Burkina Faso to Bosnia and Herzegovina?

Bank transfers have been a traditionally popular way to send money overseas from Burkina Faso to Bosnia and Herzegovina. 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 BAM 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 Bosnia and Herzegovina 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 Bosnia and Herzegovina from Burkina Faso fast?

It could be a stressful experience if you need to rush money quickly from Burkina Faso to Bosnia and Herzegovina. 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 BAM. 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 Convertible Mark. 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 Bosnia and Herzegovina money transfers.


Which are the best money transfer companies to send money from Burkina Faso to Bosnia and Herzegovina?

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 Burkina Faso to Bosnia and Herzegovina, 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 Convertible Mark 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 BAM money transfers to Bosnia and Herzegovina. 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 Bosnia and Herzegovina getting more money for every CFA Franc BCEAO you send.


Step by step guide to send money from Burkina Faso to Bosnia and Herzegovina

There are many important aspects of Burkina Faso to Bosnia and Herzegovina 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 - Burkina Faso 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 BAM 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 Burkina Faso.
  • 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 Bosnia and Herzegovina to validate that they get the money once the transaction clears.