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Compare today's EGP to XOF (Egyptian Pound to CFA Franc BCEAO) exchange rates

Egypt
Burkina Faso
EGP

Interbank Exchange Rate: 1 EGP = 11.8354 XOF
Updated about an hour ago

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All you need to know about Egyptian Pound to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Egypt to Burkina Faso. Send money overseas to your loved ones by comparing Egyptian Pound (EGP) 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 Egypt.

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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 EGP to XOF Conversion Rates

Here are some latest EGP to XOF (Egyptian Pound to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 EGP11.84 XOF
5 EGP59.18 XOF
10 EGP118.35 XOF
25 EGP295.89 XOF
50 EGP591.77 XOF
100 EGP1,183.54 XOF
150 EGP1,775.31 XOF
200 EGP2,367.08 XOF
250 EGP2,958.85 XOF
300 EGP3,550.62 XOF
400 EGP4,734.16 XOF
500 EGP5,917.70 XOF
600 EGP7,101.24 XOF
700 EGP8,284.78 XOF
800 EGP9,468.32 XOF
1,000 EGP11,835.40 XOF
1,500 EGP17,753.10 XOF
2,000 EGP23,670.80 XOF
2,500 EGP29,588.50 XOF
3,000 EGP35,506.20 XOF
4,000 EGP47,341.60 XOF
5,000 EGP59,177.00 XOF
10,000 EGP118,354.00 XOF
15,000 EGP177,531.00 XOF
20,000 EGP236,708.00 XOF
30,000 EGP355,062.00 XOF
40,000 EGP473,416.00 XOF
50,000 EGP591,770.00 XOF
100,000 EGP1,183,540.00 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 Egypt to Burkina Faso?

With the global remittance market booming, there are so many choices for Egyptian Pound 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 Burkina Faso from Egypt. 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 Burkina Faso from Egypt?

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 EGP 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 Egypt to Burkina Faso. 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 EGP 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 to send money to Burkina Faso from Egypt?

Finding the cheapest way to send money from Egypt to Burkina Faso 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 EGP 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 Egypt to Burkina Faso 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.


Should I use my bank to transfer money from Egypt to Burkina Faso?

Bank transfers have been a traditionally popular way to send money overseas from Egypt to Burkina Faso. 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 EGP 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 Egypt bank for your Burkina Faso 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 transfer money from Egypt to Burkina Faso?

It could be a stressful experience if you need to rush money quickly from Egypt to Burkina Faso. 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 EGP 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 Egypt to Burkina Faso money transfers.


Which are the best money transfer companies to transfer money from Egypt to Burkina Faso?

Egypt to Burkina Faso 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 Burkina Faso 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 Egyptian Pound 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 from Egypt to Burkina Faso

The first step to send money to Burkina Faso from Egypt 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 EGP 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 Burkina Faso if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Egypt bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Burkina Faso!

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 Egypt to Burkina Faso.