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

Compare today's XOF to ILS (CFA Franc BCEAO to Israeli New Sheqel) exchange rates

Gabon
Israel
XOF

Interbank Exchange Rate: 1 XOF = 0.0057 ILS
Updated about an hour ago

Found 1 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 XOF =
5.60 ILS
Transfer Limit (XOF): No Limits
Indicative Rate1 XOF = 0.0056 ILS

📢 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 Israeli New Sheqel money transfers

Easily compare money transfer providers in one place to send money from Gabon to Israel. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Israeli New Sheqel (ILS) 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 Israel.

The best rate to send Israeli New Sheqel from CFA Franc BCEAO to your loved ones in Israel is currently offered by Verto; their 1 XOF to ILS exchange rate today is 0.0056.

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 Gabon.

Were you looking to send money from Israel to Gabon 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 ILS Conversion Rates

Here are some latest XOF to ILS (CFA Franc BCEAO to Israeli New Sheqel) exchange rates for popular conversion amounts*.

1 XOF0.01 ILS
5 XOF0.03 ILS
10 XOF0.06 ILS
25 XOF0.14 ILS
50 XOF0.29 ILS
100 XOF0.57 ILS
150 XOF0.86 ILS
200 XOF1.14 ILS
250 XOF1.43 ILS
300 XOF1.71 ILS
400 XOF2.28 ILS
500 XOF2.85 ILS
600 XOF3.42 ILS
700 XOF3.99 ILS
800 XOF4.56 ILS
1,000 XOF5.70 ILS
1,500 XOF8.55 ILS
2,000 XOF11.40 ILS
2,500 XOF14.25 ILS
3,000 XOF17.10 ILS
4,000 XOF22.80 ILS
5,000 XOF28.50 ILS
10,000 XOF57.00 ILS
15,000 XOF85.50 ILS
20,000 XOF114.00 ILS
30,000 XOF171.00 ILS
40,000 XOF228.00 ILS
50,000 XOF285.00 ILS
100,000 XOF570.00 ILS

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


What's the best way to do Gabon to Israel money transfers?

With the global remittance market booming, there are so many choices for CFA Franc BCEAO to ILS 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 Israel 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 ILS 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 exchange rate for your money transfers from Gabon to Israel?

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 Israeli New Sheqel 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 Israel. 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 ILS 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 Israel from Gabon?

Finding the cheapest way to send money from Gabon to Israel 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 ILS 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 Israel 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 Gabon to Israel?

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

The speed of your CFA Franc BCEAO to Israeli New Sheqel 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 ILS. 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 Israel 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 Israel 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 ILS into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Gabon bank to Israel bank transfer.


Which are the best money transfer companies to send money to Israel 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 Israel, 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 Israeli New Sheqel 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 ILS money transfers to Israel. 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 Israel getting more money for every CFA Franc BCEAO you send.


Step by step guide to send money to Israel from Gabon

Follow the below easy steps to send money to Israel 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 Israel).
  • 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 ILS 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.