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

Compare today's USD to XOF (US Dollar to CFA Franc BCEAO) exchange rates

Ecuador
Benin
USD

Interbank Exchange Rate: 1 USD = 555.4738 XOF
Updated about 1 hours ago

Found 4 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 USD =
555 294.90 XOF
Transfer Limit (USD): No Limits
Indicative Rate1 USD = 555.2949 XOF

📢 B2B transfers only
currencyflow
Read more about Currencyflow
( )★★ ( )★★ ( )★★ ( )★★ ( )★★
1000 USD =
553 878.00 XOF
Transfer Limit (USD): No Limits
Locked-In Rate1 USD = 553.8780 XOF
XEMONEYTX
Read more about XE Money Transfer
(*)★★ (*)★★ (*)★★ ( )★★ ( )★★
1000 USD =
553 764.00 XOF
Transfer Limit (USD): No Limits
Indicative Rate1 USD = 553.7640 XOF
Refer a friend to earn USD 25

📢 New! Cash pickup available
OFX
Read more about OFX
(*)★★ (*)★★ (*)★★ (*)★★ ( )★★
1000 USD =
539 655.70 XOF
Transfer Limit (USD): No Limits
Locked-In Rate1 USD = 539.6557 XOF
Get 10 free transfers
1 Remit Service Providers did not match the search criteria.
key-currency
Read more about Key Currency
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
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 Ecuador 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 Ecuador 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 555.2949.

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 Ecuador 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 Ecuador.

Were you looking to send money from Benin to Ecuador 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 USD555.47 XOF
5 USD2,777.37 XOF
10 USD5,554.74 XOF
25 USD13,886.85 XOF
50 USD27,773.69 XOF
100 USD55,547.38 XOF
150 USD83,321.07 XOF
200 USD111,094.76 XOF
250 USD138,868.45 XOF
300 USD166,642.14 XOF
400 USD222,189.52 XOF
500 USD277,736.90 XOF
600 USD333,284.28 XOF
700 USD388,831.66 XOF
800 USD444,379.04 XOF
1,000 USD555,473.80 XOF
1,500 USD833,210.70 XOF
2,000 USD1,110,947.60 XOF
2,500 USD1,388,684.50 XOF
3,000 USD1,666,421.40 XOF
4,000 USD2,221,895.20 XOF
5,000 USD2,777,369.00 XOF
10,000 USD5,554,738.00 XOF
15,000 USD8,332,107.00 XOF
20,000 USD11,109,476.00 XOF
30,000 USD16,664,214.00 XOF
40,000 USD22,218,952.00 XOF
50,000 USD27,773,690.00 XOF
100,000 USD55,547,380.00 XOF

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


What's the best way to send money from Ecuador to Benin?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Ecuador to Benin. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer United States Dollar to XOF.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send USD to XOF in Benin. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Benin from Ecuador. We provide you with maximum choices to send money to Benin by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best remit rate for transferring money from Ecuador 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 Ecuador.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your USD 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 USD 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 to Benin from Ecuador?

One of the most important things to watch out for is hidden fees when sending money to Benin from Ecuador. 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 Ecuador.


How to send money to Benin from Ecuador through a bank?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Ecuador to Benin money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like USD to XOF transfers.

Given this, there are umpteen additional options to send money to Benin instead of just your Ecuador bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your United States Dollar even more so that your recipient in Benin gets the maximum amount.


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

It could be a stressful experience if you need to rush money quickly from Ecuador to Benin. 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 USD 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 Ecuador to Benin money transfers.


Which are the best money transfer companies to transfer money from Ecuador to Benin?

Comparing money transfer companies for sending money to Benin from Ecuador can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Benin. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your United States Dollar to CFA Franc BCEAO transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the CFA Franc BCEAO yield on every United States Dollar that you send.


Step by step guide to send money from Ecuador to Benin

With so many possible ways to transfer United States Dollar to CFA Franc BCEAO, 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 Ecuador to Benin 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 Ecuador and the receiver in Benin. 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 USD to CFA Franc BCEAO money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.