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

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

Equatorial Guinea
Grenada
XOF

Interbank Exchange Rate: 1 XOF = 0.0049 XCD
Updated about an hour ago

Found 0 Remittance Service Providers

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

Easily compare money transfer providers in one place to send money from Equatorial Guinea to Grenada. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to East Caribbean Dollar (XCD) 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 Equatorial Guinea.

Were you looking to send money from Grenada to Equatorial Guinea 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 XOF to XCD Conversion Rates

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

1 XOF0.00 XCD
5 XOF0.02 XCD
10 XOF0.05 XCD
25 XOF0.12 XCD
50 XOF0.25 XCD
100 XOF0.49 XCD
150 XOF0.74 XCD
200 XOF0.98 XCD
250 XOF1.22 XCD
300 XOF1.47 XCD
400 XOF1.96 XCD
500 XOF2.45 XCD
600 XOF2.94 XCD
700 XOF3.43 XCD
800 XOF3.92 XCD
1,000 XOF4.90 XCD
1,500 XOF7.35 XCD
2,000 XOF9.80 XCD
2,500 XOF12.25 XCD
3,000 XOF14.70 XCD
4,000 XOF19.60 XCD
5,000 XOF24.50 XCD
10,000 XOF49.00 XCD
15,000 XOF73.50 XCD
20,000 XOF98.00 XCD
30,000 XOF147.00 XCD
40,000 XOF196.00 XCD
50,000 XOF245.00 XCD
100,000 XOF490.00 XCD

*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 Equatorial Guinea to Grenada?

It can be very confusing when sending money from Equatorial Guinea to Grenada given so many choices. Additionally, CFA Franc BCEAO to XCD exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Equatorial Guinea to Grenada as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Grenada from Equatorial Guinea. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for CFA Franc BCEAO to East Caribbean Dollar remittances.


How to get the best exchange rate for sending money from Equatorial Guinea to Grenada?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Equatorial Guinea to Grenada transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your XOF to East Caribbean Dollar international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest CFA Franc BCEAO to East Caribbean Dollar exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to transfer money from Equatorial Guinea to Grenada?

Finding the cheapest way to send money from Equatorial Guinea to Grenada 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 XOF to XCD 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 Equatorial Guinea to Grenada 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 to Grenada from Equatorial Guinea through a bank?

We do not recommend using your local bank in Equatorial Guinea for your next XOF to XCD 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 Equatorial Guinea to Grenada (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 XCD to Grenada. These companies will let you use your local bank account in Equatorial Guinea to pay for your Grenada 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 to Grenada from Equatorial Guinea fast?

If you need to convert XOF to XCD as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Equatorial Guinea to Grenada could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your CFA Franc BCEAO to East Caribbean Dollar funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Grenada.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Equatorial Guinea to Grenada. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to send money from Equatorial Guinea to Grenada?

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


Step by step guide to send money from Equatorial Guinea to Grenada

Follow the below easy steps to send money to Grenada from Equatorial Guinea.

  • 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 Equatorial Guinea bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Grenada).
  • 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 XOF to XCD 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.