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

Compare today's XOF to EUR (CFA Franc BCEAO to Euro) exchange rates

Equatorial Guinea
Italy
XOF
Interbank Exchange Rate: 1 XOF = 0.0016 EUR
Updated about an hour ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 XOF =
1.60 EUR
Transfer Limit (XOF): No Limits
Indicative Rate1 XOF = 0.0016 EUR

📢 B2B transfers only

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 CFA Franc BCEAO to Euro money transfers

Easily compare money transfer providers in one place to send money from Equatorial Guinea to Italy. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Euro (EUR) 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.

When making a money transfer to Italy from Equatorial Guinea, we currently have 1 remittance service providers available.

Verto currently offers the most competitive rate for sending money to Italy and their 1 XOF to EUR exchange rate today is 0.0016.

Were you looking to send money from Italy to Equatorial Guinea instead?

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.

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.


Latest XOF to EUR Conversion Rates

Here are some latest XOF to EUR (CFA Franc BCEAO to Euro) exchange rates for popular conversion amounts*.

1 XOF0.00 EUR
5 XOF0.01 EUR
10 XOF0.02 EUR
25 XOF0.04 EUR
50 XOF0.08 EUR
100 XOF0.16 EUR
150 XOF0.24 EUR
200 XOF0.32 EUR
250 XOF0.40 EUR
300 XOF0.48 EUR
400 XOF0.64 EUR
500 XOF0.80 EUR
600 XOF0.96 EUR
700 XOF1.12 EUR
800 XOF1.28 EUR
1,000 XOF1.60 EUR
1,500 XOF2.40 EUR
2,000 XOF3.20 EUR
2,500 XOF4.00 EUR
3,000 XOF4.80 EUR
4,000 XOF6.40 EUR
5,000 XOF8.00 EUR
10,000 XOF16.00 EUR
15,000 XOF24.00 EUR
20,000 XOF32.00 EUR
30,000 XOF48.00 EUR
40,000 XOF64.00 EUR
50,000 XOF80.00 EUR
100,000 XOF160.00 EUR

*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 Equatorial Guinea to Italy?

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 Equatorial Guinea to Italy. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer CFA Franc BCEAO to EUR.

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 XOF to EUR in Italy. 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 Italy from Equatorial Guinea. We provide you with maximum choices to send money to Italy by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for your money transfers from Equatorial Guinea to Italy?

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 XOF to Euro 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 Equatorial Guinea to Italy. 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 XOF to EUR 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 Italy from Equatorial Guinea?

Finding the cheapest way to send money from Equatorial Guinea to Italy 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 EUR 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 Italy 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 send money from Equatorial Guinea to Italy?

Bank transfers have been a traditionally popular way to send money overseas from Equatorial Guinea to Italy. 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 XOF to EUR 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 Equatorial Guinea bank for your Italy 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 Equatorial Guinea to Italy?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Equatorial Guinea to Italy. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert XOF to EUR fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your CFA Franc BCEAO amount reaching Italy. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Euro quickly to Italy, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


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

The first step in selecting the best money transfer operators for Equatorial Guinea to Italy remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for CFA Franc BCEAO to Euro money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Italy.


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

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

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 Equatorial Guinea to Italy.