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Compare today's XOF to ZAR (CFA Franc BCEAO to South African Rand) exchange rates

Gabon
South Africa
XOF

Interbank Exchange Rate: 1 XOF = 0.0289 ZAR
Updated about an hour ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 XOF =
28.30 ZAR
Transfer Limit (XOF): No Limits
Indicative Rate1 XOF = 0.0283 ZAR

📢 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 South African Rand money transfers

Easily compare money transfer providers in one place to send money from Gabon to South Africa. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to South African Rand (ZAR) 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 South Africa from Gabon, we currently have 1 remittance service providers available.

Verto currently offers the most competitive rate for sending money to South Africa and their 1 XOF to ZAR exchange rate today is 0.0283.

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 South Africa 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 ZAR Conversion Rates

Here are some latest XOF to ZAR (CFA Franc BCEAO to South African Rand) exchange rates for popular conversion amounts*.

1 XOF0.03 ZAR
5 XOF0.14 ZAR
10 XOF0.29 ZAR
25 XOF0.72 ZAR
50 XOF1.44 ZAR
100 XOF2.89 ZAR
150 XOF4.34 ZAR
200 XOF5.78 ZAR
250 XOF7.23 ZAR
300 XOF8.67 ZAR
400 XOF11.56 ZAR
500 XOF14.45 ZAR
600 XOF17.34 ZAR
700 XOF20.23 ZAR
800 XOF23.12 ZAR
1,000 XOF28.90 ZAR
1,500 XOF43.35 ZAR
2,000 XOF57.80 ZAR
2,500 XOF72.25 ZAR
3,000 XOF86.70 ZAR
4,000 XOF115.60 ZAR
5,000 XOF144.50 ZAR
10,000 XOF289.00 ZAR
15,000 XOF433.50 ZAR
20,000 XOF578.00 ZAR
30,000 XOF867.00 ZAR
40,000 XOF1,156.00 ZAR
50,000 XOF1,445.00 ZAR
100,000 XOF2,890.00 ZAR

*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 South Africa?

There are many good choices when it comes to sending money from Gabon to South Africa. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your CFA Franc BCEAO to ZAR money transfers.

We compare different remittance companies to bring you the best options to send money to South Africa from Gabon. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your CFA Franc BCEAO to South African Rand money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best rate to transfer money to South Africa from Gabon?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to South Africa.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Gabon to South Africa transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your XOF to South African Rand money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way to transfer money from Gabon to South Africa?

The final amount your recipient gets when you send XOF to ZAR 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 South Africa 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 South African Rand 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 South Africa 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 South Africa?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low XOF to ZAR exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Gabon to South Africa money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to South Africa from Gabon. They do this by letting you fund your transaction through your local bank account in Gabon, and by allowing you to choose the payout to be your recipient's bank account in South Africa. But, you are likely to get much better rates and lower fees compared to your bank.


What is the fastest way to do a money transfer to South Africa from Gabon?

The speed of your CFA Franc BCEAO to South African Rand 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 ZAR. 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 South Africa 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 South Africa 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 ZAR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Gabon bank to South Africa bank transfer.


Which are the best money transfer companies to transfer money from Gabon to South Africa?

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 South Africa, 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 South African Rand 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 ZAR money transfers to South Africa. 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 South Africa getting more money for every CFA Franc BCEAO you send.


Step by step guide to send money to South Africa from Gabon

There are many important aspects of Gabon to South Africa remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Gabon bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include ZAR bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much CFA Franc BCEAO amount you want to send from Gabon.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in South Africa to validate that they get the money once the transaction clears.