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Compare today's XCD to XOF (East Caribbean Dollar to CFA Franc BCEAO) exchange rates

Dominica
Mali
XCD

Interbank Exchange Rate: 1 XCD = 205.7153 XOF
Updated about 1 hours ago

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All you need to know about East Caribbean Dollar to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Dominica to Mali. Send money overseas to your loved ones by comparing East Caribbean Dollar (XCD) 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 Dominica.

Were you looking to send money from Mali to Dominica 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 XCD to XOF Conversion Rates

Here are some latest XCD to XOF (East Caribbean Dollar to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 XCD205.72 XOF
5 XCD1,028.58 XOF
10 XCD2,057.15 XOF
25 XCD5,142.88 XOF
50 XCD10,285.77 XOF
100 XCD20,571.53 XOF
150 XCD30,857.30 XOF
200 XCD41,143.06 XOF
250 XCD51,428.83 XOF
300 XCD61,714.59 XOF
400 XCD82,286.12 XOF
500 XCD102,857.65 XOF
600 XCD123,429.18 XOF
700 XCD144,000.71 XOF
800 XCD164,572.24 XOF
1,000 XCD205,715.30 XOF
1,500 XCD308,572.95 XOF
2,000 XCD411,430.60 XOF
2,500 XCD514,288.25 XOF
3,000 XCD617,145.90 XOF
4,000 XCD822,861.20 XOF
5,000 XCD1,028,576.50 XOF
10,000 XCD2,057,153.00 XOF
15,000 XCD3,085,729.50 XOF
20,000 XCD4,114,306.00 XOF
30,000 XCD6,171,459.00 XOF
40,000 XCD8,228,612.00 XOF
50,000 XCD10,285,765.00 XOF
100,000 XCD20,571,530.00 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 Dominica to Mali money transfers?

With the global remittance market booming, there are so many choices for East Caribbean Dollar 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 Mali from Dominica. 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 sending money from Dominica to Mali?

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 Mali.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Dominica to Mali 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 XCD to CFA Franc BCEAO 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 for transferring money to Mali from Dominica?

Finding the cheapest way to send money from Dominica to Mali might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer XCD to XOF via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Dominica to Mali exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


How to send money from Dominica to Mali through a bank?

We do not recommend using your local bank in Dominica for your next XCD to XOF overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Dominica to Mali (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending XOF to Mali. These companies will let you use your local bank account in Dominica to pay for your Mali money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money from Dominica to Mali fast?

It could be a stressful experience if you need to rush money quickly from Dominica to Mali. 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 XCD to XOF. 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 CFA Franc BCEAO. 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 Dominica to Mali money transfers.


Which are the best money transfer companies to transfer money to Mali from Dominica?

Since the East Caribbean Dollar to CFA Franc BCEAO 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 Dominica that may also be able to send money to Mali. 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 XCD to XOF money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Mali gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Dominica to Mali transaction.


Step by step guide to send money to Mali from Dominica

The first step to send money to Mali from Dominica is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your XCD to XOF overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Mali if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Dominica bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Mali!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Dominica to Mali.