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Compare today's XOF to STD (CFA Franc BCEAO to Sao Tome and Principe Dobra) exchange rates

Gabon
Sao Tome and Principe
XOF

Interbank Exchange Rate: 1 XOF = 40.1923 STD
Updated about an hour ago

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All you need to know about CFA Franc BCEAO to Sao Tome and Principe Dobra money transfers

Easily compare money transfer providers in one place to send money from Gabon to Sao Tome and Principe. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Sao Tome and Principe Dobra (STD) 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 Gabon.

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Latest XOF to STD Conversion Rates

Here are some latest XOF to STD (CFA Franc BCEAO to Sao Tome and Principe Dobra) exchange rates for popular conversion amounts*.

1 XOF40.19 STD
5 XOF200.96 STD
10 XOF401.92 STD
25 XOF1,004.81 STD
50 XOF2,009.62 STD
100 XOF4,019.23 STD
150 XOF6,028.85 STD
200 XOF8,038.46 STD
250 XOF10,048.08 STD
300 XOF12,057.69 STD
400 XOF16,076.92 STD
500 XOF20,096.15 STD
600 XOF24,115.38 STD
700 XOF28,134.61 STD
800 XOF32,153.84 STD
1,000 XOF40,192.30 STD
1,500 XOF60,288.45 STD
2,000 XOF80,384.60 STD
2,500 XOF100,480.75 STD
3,000 XOF120,576.90 STD
4,000 XOF160,769.20 STD
5,000 XOF200,961.50 STD
10,000 XOF401,923.00 STD
15,000 XOF602,884.50 STD
20,000 XOF803,846.00 STD
30,000 XOF1,205,769.00 STD
40,000 XOF1,607,692.00 STD
50,000 XOF2,009,615.00 STD
100,000 XOF4,019,230.00 STD

*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 Sao Tome and Principe?

With the global remittance market booming, there are so many choices for CFA Franc BCEAO to STD 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 Sao Tome and Principe 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 STD 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 Sao Tome and Principe 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 Sao Tome and Principe Dobra 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 Sao Tome and Principe. 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 STD 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 Sao Tome and Principe from Gabon?

The final amount your recipient gets when you send XOF to STD is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Gabon to Sao Tome and Principe used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Sao Tome and Principe Dobra is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best CFA Franc BCEAO to Sao Tome and Principe exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


Should I use my bank to send money from Gabon to Sao Tome and Principe?

We do not recommend using your local bank in Gabon for your next XOF to STD 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 Sao Tome and Principe (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 STD to Sao Tome and Principe. These companies will let you use your local bank account in Gabon to pay for your Sao Tome and Principe money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


What is the fastest way to transfer money from Gabon to Sao Tome and Principe?

If you need to convert XOF to STD 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 Gabon to Sao Tome and Principe 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 Sao Tome and Principe Dobra 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 Sao Tome and Principe.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Gabon to Sao Tome and Principe. 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 transfer money from Gabon to Sao Tome and Principe?

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 Sao Tome and Principe, 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 Sao Tome and Principe Dobra 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 STD money transfers to Sao Tome and Principe. 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 Sao Tome and Principe getting more money for every CFA Franc BCEAO you send.


Step by step guide to send money to Sao Tome and Principe from Gabon

Follow the below easy steps to send money to Sao Tome and Principe 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 Sao Tome and Principe).
  • 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 STD 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.