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Compare today's GEL to XOF (Georgian Lari to CFA Franc BCEAO) exchange rates

Georgia
Burkina Faso
GEL

Interbank Exchange Rate: 1 GEL = 205.8764 XOF
Updated about an hour ago

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All you need to know about Georgian Lari to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Georgia to Burkina Faso. Send money overseas to your loved ones by comparing Georgian Lari (GEL) to CFA Franc BCEAO (XOF) 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 Georgia.

Were you looking to send money from Burkina Faso to Georgia 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 GEL to XOF Conversion Rates

Here are some latest GEL to XOF (Georgian Lari to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 GEL205.88 XOF
5 GEL1,029.38 XOF
10 GEL2,058.76 XOF
25 GEL5,146.91 XOF
50 GEL10,293.82 XOF
100 GEL20,587.64 XOF
150 GEL30,881.46 XOF
200 GEL41,175.28 XOF
250 GEL51,469.10 XOF
300 GEL61,762.92 XOF
400 GEL82,350.56 XOF
500 GEL102,938.20 XOF
600 GEL123,525.84 XOF
700 GEL144,113.48 XOF
800 GEL164,701.12 XOF
1,000 GEL205,876.40 XOF
1,500 GEL308,814.60 XOF
2,000 GEL411,752.80 XOF
2,500 GEL514,691.00 XOF
3,000 GEL617,629.20 XOF
4,000 GEL823,505.60 XOF
5,000 GEL1,029,382.00 XOF
10,000 GEL2,058,764.00 XOF
15,000 GEL3,088,146.00 XOF
20,000 GEL4,117,528.00 XOF
30,000 GEL6,176,292.00 XOF
40,000 GEL8,235,056.00 XOF
50,000 GEL10,293,820.00 XOF
100,000 GEL20,587,640.00 XOF

*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 from Georgia to Burkina Faso?

With the global remittance market booming, there are so many choices for Georgian Lari to XOF 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 Burkina Faso from Georgia. 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 XOF 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 sending money from Georgia to Burkina Faso?

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 Burkina Faso.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Georgia to Burkina Faso 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 GEL to CFA Franc BCEAO 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 send money to Burkina Faso from Georgia?

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 Georgia to Burkina Faso 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 Georgian Lari to CFA Franc BCEAO 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 Georgia to Burkina Faso 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 GEL to XOF remittances.


Should I use my bank to send money from Georgia to Burkina Faso?

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 GEL to XOF 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 Georgia to Burkina Faso 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 Burkina Faso from Georgia. They do this by letting you fund your transaction through your local bank account in Georgia, and by allowing you to choose the payout to be your recipient's bank account in Burkina Faso. 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 Burkina Faso from Georgia?

The speed of your Georgian Lari to CFA Franc BCEAO 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 GEL to XOF. 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 Burkina Faso from Georgia 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 Burkina Faso 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 XOF into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Georgia bank to Burkina Faso bank transfer.


Which are the best money transfer companies to transfer money from Georgia to Burkina Faso?

Georgia to Burkina Faso money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Burkina Faso as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Georgian Lari to CFA Franc BCEAO money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money to Burkina Faso from Georgia

Follow the below easy steps to send money to Burkina Faso from Georgia.

  • 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 Georgia bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Burkina Faso).
  • 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 GEL to XOF 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.