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

Gabon
Cyprus
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 Gabon to Cyprus. 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.

RemitFinder compared 1 money transfer operators to get you the best FX rates to send money from Gabon to Cyprus.

The best rate to send Euro from CFA Franc BCEAO to your loved ones in Cyprus is currently offered by Verto; their 1 XOF to EUR exchange rate today is 0.0016.

Were you looking to send money from Cyprus to Gabon 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 transfer money from Gabon to Cyprus?

With the global remittance market booming, there are so many choices for CFA Franc BCEAO to EUR 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 Cyprus from Gabon. 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 EUR 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 Cyprus from Gabon?

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 Gabon to Cyprus. 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 to send money from Gabon to Cyprus?

Finding the cheapest way to send money from Gabon to Cyprus 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 Gabon to Cyprus 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 Gabon to Cyprus?

We do not recommend using your local bank in Gabon for your next XOF to EUR 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 Gabon to Cyprus (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 EUR to Cyprus. These companies will let you use your local bank account in Gabon to pay for your Cyprus 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 Cyprus from Gabon fast?

The speed of your CFA Franc BCEAO to Euro 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 XOF to EUR. 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 Cyprus from Gabon 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 Cyprus 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 EUR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Gabon bank to Cyprus bank transfer.


Which are the best money transfer companies to transfer money to Cyprus from Gabon?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Gabon to Cyprus, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best CFA Franc BCEAO to Euro exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your EUR money transfers to Cyprus. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Cyprus getting more money for every CFA Franc BCEAO you send.


Step by step guide to do a money transfer from Gabon to Cyprus

Follow the below easy steps to send money to Cyprus from Gabon.

  • 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 Gabon bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Cyprus).
  • 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 EUR 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.