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

Compare today's XOF to MYR (CFA Franc BCEAO to Malaysian Ringgit) exchange rates

Chad
Malaysia
XOF
Interbank Exchange Rate: 1 XOF = 0.0073 MYR
Updated about an hour ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 XOF =
7.20 MYR
Transfer Limit (XOF): No Limits
Indicative Rate1 XOF = 0.0072 MYR

📢 B2B transfers only

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about CFA Franc BCEAO to Malaysian Ringgit money transfers

Easily compare money transfer providers in one place to send money from Chad to Malaysia. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Malaysian Ringgit (MYR) 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.

When making a money transfer to Malaysia from Chad, we currently have 1 remittance service providers available.

Verto currently offers the most competitive rate for sending money to Malaysia and their 1 XOF to MYR exchange rate today is 0.0072.

Were you looking to send money from Malaysia to Chad instead?

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.

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.


Latest XOF to MYR Conversion Rates

Here are some latest XOF to MYR (CFA Franc BCEAO to Malaysian Ringgit) exchange rates for popular conversion amounts*.

1 XOF0.01 MYR
5 XOF0.04 MYR
10 XOF0.07 MYR
25 XOF0.18 MYR
50 XOF0.37 MYR
100 XOF0.73 MYR
150 XOF1.10 MYR
200 XOF1.46 MYR
250 XOF1.83 MYR
300 XOF2.19 MYR
400 XOF2.92 MYR
500 XOF3.65 MYR
600 XOF4.38 MYR
700 XOF5.11 MYR
800 XOF5.84 MYR
1,000 XOF7.30 MYR
1,500 XOF10.95 MYR
2,000 XOF14.60 MYR
2,500 XOF18.25 MYR
3,000 XOF21.90 MYR
4,000 XOF29.20 MYR
5,000 XOF36.50 MYR
10,000 XOF73.00 MYR
15,000 XOF109.50 MYR
20,000 XOF146.00 MYR
30,000 XOF219.00 MYR
40,000 XOF292.00 MYR
50,000 XOF365.00 MYR
100,000 XOF730.00 MYR

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


What's the best way to do Chad to Malaysia money transfers?

Sending money internationally to Malaysia from Chad can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your CFA Franc BCEAO to MYR remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Malaysia. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Malaysian Ringgit.


How to get the best exchange rate for your money transfers from Chad to Malaysia?

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 Malaysia from Chad.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your XOF to Malaysian Ringgit 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 MYR 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 Malaysia from Chad?

The final amount your recipient gets when you send XOF to MYR 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 Chad to Malaysia 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 Malaysian Ringgit 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 Malaysia 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 to Malaysia from Chad through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Chad to Malaysia. 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 MYR 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 Chad bank for your Malaysia 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 from Chad to Malaysia fast?

If you need to convert XOF to MYR as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Chad to Malaysia could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your CFA Franc BCEAO to Malaysian Ringgit funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Malaysia.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Chad to Malaysia. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to transfer money to Malaysia from Chad?

The first step in selecting the best money transfer operators for Chad to Malaysia remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for CFA Franc BCEAO to Malaysian Ringgit money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Malaysia.


Step by step guide to send money to Malaysia from Chad

There are many important aspects of Chad to Malaysia 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 - Chad 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 MYR 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 Chad.
  • 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 Malaysia to validate that they get the money once the transaction clears.