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Compare today's BIF to MAD (Burundian Franc to Moroccan Dirham) exchange rates

Burundi
Morocco
BIF

Interbank Exchange Rate: 1 BIF = 0.0031 MAD
Updated about an hour ago

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All you need to know about Burundian Franc to Moroccan Dirham money transfers

Easily compare money transfer providers in one place to send money from Burundi to Morocco. Send money overseas to your loved ones by comparing Burundian Franc (BIF) to Moroccan Dirham (MAD) 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 Burundi.

Were you looking to send money from Morocco to Burundi 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 BIF to MAD Conversion Rates

Here are some latest BIF to MAD (Burundian Franc to Moroccan Dirham) exchange rates for popular conversion amounts*.

1 BIF0.00 MAD
5 BIF0.02 MAD
10 BIF0.03 MAD
25 BIF0.08 MAD
50 BIF0.16 MAD
100 BIF0.31 MAD
150 BIF0.46 MAD
200 BIF0.62 MAD
250 BIF0.78 MAD
300 BIF0.93 MAD
400 BIF1.24 MAD
500 BIF1.55 MAD
600 BIF1.86 MAD
700 BIF2.17 MAD
800 BIF2.48 MAD
1,000 BIF3.10 MAD
1,500 BIF4.65 MAD
2,000 BIF6.20 MAD
2,500 BIF7.75 MAD
3,000 BIF9.30 MAD
4,000 BIF12.40 MAD
5,000 BIF15.50 MAD
10,000 BIF31.00 MAD
15,000 BIF46.50 MAD
20,000 BIF62.00 MAD
30,000 BIF93.00 MAD
40,000 BIF124.00 MAD
50,000 BIF155.00 MAD
100,000 BIF310.00 MAD

*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 to Morocco from Burundi?

There are many good choices when it comes to sending money from Burundi to Morocco. 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 Burundian Franc to MAD money transfers.

We compare different remittance companies to bring you the best options to send money to Morocco from Burundi. 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 Burundian Franc to Moroccan Dirham money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best rate to transfer money to Morocco from Burundi?

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 Burundi to Morocco 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 BIF to Moroccan Dirham 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 Burundian Franc to Moroccan Dirham 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 send money to Morocco from Burundi?

The final amount your recipient gets when you send BIF to MAD 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 Burundi to Morocco 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 Moroccan Dirham 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 Burundian Franc to Morocco 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.


Should I use my bank to transfer money from Burundi to Morocco?

Bank transfers have been a traditionally popular way to send money overseas from Burundi to Morocco. 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 BIF to MAD 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 Burundi bank for your Morocco 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.


What is the fastest way to transfer money from Burundi to Morocco?

It could be a stressful experience if you need to rush money quickly from Burundi to Morocco. 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 BIF to MAD. 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 Moroccan Dirham. 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 Burundi to Morocco money transfers.


Which are the best money transfer companies to transfer money from Burundi to Morocco?

Since the Burundian Franc to Moroccan Dirham 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 Burundi that may also be able to send money to Morocco. 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 BIF to MAD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Morocco gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Burundi to Morocco transaction.


Step by step guide to send money from Burundi to Morocco

With so many possible ways to transfer Burundian Franc to Moroccan Dirham, 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 Burundi to Morocco 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 Burundi and the receiver in Morocco. 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 BIF to Moroccan Dirham money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.