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Compare today's XOF to KRW (CFA Franc BCEAO to South Korean Won) exchange rates

Gabon
South Korea
XOF

Interbank Exchange Rate: 1 XOF = 2.6186 KRW
Updated about 1 hours ago

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All you need to know about CFA Franc BCEAO to South Korean Won money transfers

Easily compare money transfer providers in one place to send money from Gabon to South Korea. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to South Korean Won (KRW) 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.

Were you looking to send money from South Korea 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 KRW Conversion Rates

Here are some latest XOF to KRW (CFA Franc BCEAO to South Korean Won) exchange rates for popular conversion amounts*.

1 XOF2.62 KRW
5 XOF13.09 KRW
10 XOF26.19 KRW
25 XOF65.46 KRW
50 XOF130.93 KRW
100 XOF261.86 KRW
150 XOF392.79 KRW
200 XOF523.72 KRW
250 XOF654.65 KRW
300 XOF785.58 KRW
400 XOF1,047.44 KRW
500 XOF1,309.30 KRW
600 XOF1,571.16 KRW
700 XOF1,833.02 KRW
800 XOF2,094.88 KRW
1,000 XOF2,618.60 KRW
1,500 XOF3,927.90 KRW
2,000 XOF5,237.20 KRW
2,500 XOF6,546.50 KRW
3,000 XOF7,855.80 KRW
4,000 XOF10,474.40 KRW
5,000 XOF13,093.00 KRW
10,000 XOF26,186.00 KRW
15,000 XOF39,279.00 KRW
20,000 XOF52,372.00 KRW
30,000 XOF78,558.00 KRW
40,000 XOF104,744.00 KRW
50,000 XOF130,930.00 KRW
100,000 XOF261,860.00 KRW

*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 to South Korea from Gabon?

With the global remittance market booming, there are so many choices for CFA Franc BCEAO to KRW 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 South Korea 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 KRW 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 South Korea?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to South Korea from Gabon. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your XOF to South Korean Won money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Gabon to South Korea corridor to give you more good choices for your next KRW money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money from Gabon to South Korea?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Gabon to South Korea via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for CFA Franc BCEAO to South Korean Won remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Gabon to South Korea exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for XOF to KRW remittances.


How to send money from Gabon to South Korea through a bank?

We do not recommend using your local bank in Gabon for your next XOF to KRW 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 South Korea (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 KRW to South Korea. These companies will let you use your local bank account in Gabon to pay for your South Korea 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 do a money transfer to South Korea from Gabon?

The speed of your CFA Franc BCEAO to South Korean Won 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 KRW. 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 Korea 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 Korea 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 KRW into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Gabon bank to South Korea bank transfer.


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

Since the CFA Franc BCEAO to South Korean Won money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Gabon that may also be able to send money to South Korea. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your XOF to KRW money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in South Korea gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Gabon to South Korea transaction.


Step by step guide to do a money transfer from Gabon to South Korea

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

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 Gabon to South Korea.