Compare today's USD to XOF (US Dollar to CFA Franc BCEAO) exchange rates
Interbank Exchange Rate: 1 USD = 554.1816 XOF
Updated about 1 hours ago
Found 4 Remittance Service Providers
1000 USD =
554 069.30 XOF
Transfer Limit (USD): No Limits
Indicative Rate1 USD = 554.0693 XOF
📢 B2B transfers only
1000 USD =
553 878.00 XOF
Transfer Limit (USD): No Limits
Locked-In Rate1 USD = 553.8780 XOF
1000 USD =
553 764.00 XOF
Transfer Limit (USD): No Limits
Indicative Rate1 USD = 553.7640 XOF
📢 New! Cash pickup available
1000 USD =
538 242.30 XOF
Transfer Limit (USD): No Limits
Locked-In Rate1 USD = 538.2423 XOF
1 Remit Service Providers did not match the search criteria.
1000 USD =
554 599.70 XOF
Transfer Limit (USD): 6847 - No Limit
Indicative Rate1 USD = 554.5997 XOF
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 US Dollar to CFA Franc BCEAO money transfers
Easily compare money transfer providers in one place to send money from Timor-Leste (East Timor) to Benin. Send money overseas to your loved ones by comparing US Dollar (USD) 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.
RemitFinder compared 4 money transfer operators to get you the best FX rates to send money from Timor-Leste (East Timor) to Benin.
The best rate to send CFA Franc BCEAO from US Dollar to your loved ones in Benin is currently offered by Verto; their 1 USD to XOF exchange rate today is 554.0693.
Currencyflow offers the next most competitive US Dollar to CFA Franc BCEAO exchange rate today (currently 1 USD = 553.8780 XOF).
Two other competitive providers for sending money from Timor-Leste (East Timor) to Benin are XE Money Transfer and OFX.
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 Timor-Leste (East Timor).
Were you looking to send money from Benin to Timor-Leste (East Timor) 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 USD to XOF Conversion Rates
Here are some latest USD to XOF (US Dollar to CFA Franc BCEAO) exchange rates for popular conversion amounts*.
| 1 USD | 554.18 XOF |
| 5 USD | 2,770.91 XOF |
| 10 USD | 5,541.82 XOF |
| 25 USD | 13,854.54 XOF |
| 50 USD | 27,709.08 XOF |
| 100 USD | 55,418.16 XOF |
| 150 USD | 83,127.24 XOF |
| 200 USD | 110,836.32 XOF |
| 250 USD | 138,545.40 XOF |
| 300 USD | 166,254.48 XOF |
| 400 USD | 221,672.64 XOF |
| 500 USD | 277,090.80 XOF |
| 600 USD | 332,508.96 XOF |
| 700 USD | 387,927.12 XOF |
| 800 USD | 443,345.28 XOF |
| 1,000 USD | 554,181.60 XOF |
| 1,500 USD | 831,272.40 XOF |
| 2,000 USD | 1,108,363.20 XOF |
| 2,500 USD | 1,385,454.00 XOF |
| 3,000 USD | 1,662,544.80 XOF |
| 4,000 USD | 2,216,726.40 XOF |
| 5,000 USD | 2,770,908.00 XOF |
| 10,000 USD | 5,541,816.00 XOF |
| 15,000 USD | 8,312,724.00 XOF |
| 20,000 USD | 11,083,632.00 XOF |
| 30,000 USD | 16,625,448.00 XOF |
| 40,000 USD | 22,167,264.00 XOF |
| 50,000 USD | 27,709,080.00 XOF |
| 100,000 USD | 55,418,160.00 XOF |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to transfer money from Timor-Leste (East Timor) to Benin?
With the global remittance market booming, there are so many choices for United States 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 Benin from Timor-Leste (East Timor). 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 rate to transfer money to Benin from Timor-Leste (East Timor)?
When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your USD to CFA Franc BCEAO money transfer.Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Timor-Leste (East Timor) to Benin. We carefully select providers to give you the best choices for sending money internationally.
Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for USD to XOF remittances. With our daily free rate alert, you will never have to manually search and compare providers again.
What's the cheapest way for transferring money to Benin from Timor-Leste (East Timor)?
One of the most important things to watch out for is hidden fees when sending money to Benin from Timor-Leste (East Timor). 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 USD 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 Timor-Leste (East Timor).
How to send money to Benin from Timor-Leste (East Timor) through a bank?
Bank transfers have been a traditionally popular way to send money overseas from Timor-Leste (East Timor) to Benin. 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 USD to XOF 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 Timor-Leste (East Timor) bank for your Benin 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 do a money transfer to Benin from Timor-Leste (East Timor)?
The speed of your United States Dollar to CFA Franc BCEAO funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert USD to XOF. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.
One possible approach that will help you send money fast to Benin from Timor-Leste (East Timor) is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Benin if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.
One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout XOF into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Timor-Leste (East Timor) bank to Benin bank transfer.
Which are the best money transfer companies to send money from Timor-Leste (East Timor) to Benin?
Since the United States 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 Timor-Leste (East Timor) that may also be able to send money to Benin. 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 USD to XOF money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Benin gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Timor-Leste (East Timor) to Benin transaction.
Step by step guide to send money from Timor-Leste (East Timor) to Benin
There are many important aspects of Timor-Leste (East Timor) to Benin 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 - Timor-Leste (East Timor) 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 XOF 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 United States Dollar amount you want to send from Timor-Leste (East Timor).
- 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.