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Compare today's CUP to XOF (Cuban Peso to CFA Franc BCEAO) exchange rates

Cuba
Benin
CUP

Interbank Exchange Rate: 1 CUP = 21.5718 XOF
Updated about an hour ago

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All you need to know about Cuban Peso to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Cuba to Benin. Send money overseas to your loved ones by comparing Cuban Peso (CUP) 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 Cuba.

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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 CUP to XOF Conversion Rates

Here are some latest CUP to XOF (Cuban Peso to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 CUP21.57 XOF
5 CUP107.86 XOF
10 CUP215.72 XOF
25 CUP539.30 XOF
50 CUP1,078.59 XOF
100 CUP2,157.18 XOF
150 CUP3,235.77 XOF
200 CUP4,314.36 XOF
250 CUP5,392.95 XOF
300 CUP6,471.54 XOF
400 CUP8,628.72 XOF
500 CUP10,785.90 XOF
600 CUP12,943.08 XOF
700 CUP15,100.26 XOF
800 CUP17,257.44 XOF
1,000 CUP21,571.80 XOF
1,500 CUP32,357.70 XOF
2,000 CUP43,143.60 XOF
2,500 CUP53,929.50 XOF
3,000 CUP64,715.40 XOF
4,000 CUP86,287.20 XOF
5,000 CUP107,859.00 XOF
10,000 CUP215,718.00 XOF
15,000 CUP323,577.00 XOF
20,000 CUP431,436.00 XOF
30,000 CUP647,154.00 XOF
40,000 CUP862,872.00 XOF
50,000 CUP1,078,590.00 XOF
100,000 CUP2,157,180.00 XOF

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


What's the best way to do Cuba to Benin money transfers?

With the global remittance market booming, there are so many choices for Cuban Peso to XOF 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 Benin from Cuba. 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 XOF 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 exchange rate for your money transfers from Cuba to Benin?

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 Benin from Cuba.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your CUP to CFA Franc BCEAO 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 CUP to XOF 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 from Cuba to Benin?

One of the most important things to watch out for is hidden fees when sending money to Benin from Cuba. 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 Benin using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your CFA Franc BCEAO foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best CUP to Benin 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 Benin from Cuba.


Should I use my bank to transfer money from Cuba to Benin?

Big banks in Cuba are known to make a lot of money by charging high fees on Benin money transfers from Cuba. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a CUP to XOF exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Benin. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Cuba to Benin. You work hard for your money, so you should also ensure you get the maximum yield when you send XOF overseas.


What is the fastest way to transfer money from Cuba to Benin?

The first thing to do when you need to convert CUP to XOF quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between Cuban Peso and CFA Franc BCEAO. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Cuba to Benin remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Benin.


Which are the best money transfer companies to send money to Benin from Cuba?

Cuba to Benin money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Benin as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Cuban Peso to CFA Franc BCEAO money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money to Benin from Cuba

Follow the below easy steps to send money to Benin from Cuba.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Cuba bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Benin).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your CUP to XOF remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.