Compare today's XOF to BSD (CFA Franc BCEAO to Bahamian Dollar) exchange rates
Interbank Exchange Rate: 1 XOF = 0.0019 BSD
Updated about 1 hours ago
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All you need to know about CFA Franc BCEAO to Bahamian Dollar money transfers
Easily compare money transfer providers in one place to send money from Guinea-Bissau to Bahamas. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Bahamian Dollar (BSD) 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 Guinea-Bissau.
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Latest XOF to BSD Conversion Rates
Here are some latest XOF to BSD (CFA Franc BCEAO to Bahamian Dollar) exchange rates for popular conversion amounts*.
| 1 XOF | 0.00 BSD |
| 5 XOF | 0.01 BSD |
| 10 XOF | 0.02 BSD |
| 25 XOF | 0.05 BSD |
| 50 XOF | 0.10 BSD |
| 100 XOF | 0.19 BSD |
| 150 XOF | 0.29 BSD |
| 200 XOF | 0.38 BSD |
| 250 XOF | 0.48 BSD |
| 300 XOF | 0.57 BSD |
| 400 XOF | 0.76 BSD |
| 500 XOF | 0.95 BSD |
| 600 XOF | 1.14 BSD |
| 700 XOF | 1.33 BSD |
| 800 XOF | 1.52 BSD |
| 1,000 XOF | 1.90 BSD |
| 1,500 XOF | 2.85 BSD |
| 2,000 XOF | 3.80 BSD |
| 2,500 XOF | 4.75 BSD |
| 3,000 XOF | 5.70 BSD |
| 4,000 XOF | 7.60 BSD |
| 5,000 XOF | 9.50 BSD |
| 10,000 XOF | 19.00 BSD |
| 15,000 XOF | 28.50 BSD |
| 20,000 XOF | 38.00 BSD |
| 30,000 XOF | 57.00 BSD |
| 40,000 XOF | 76.00 BSD |
| 50,000 XOF | 95.00 BSD |
| 100,000 XOF | 190.00 BSD |
*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 Bahamas from Guinea-Bissau?
Sending money internationally to Bahamas from Guinea-Bissau can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your CFA Franc BCEAO to BSD remittances.
Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Bahamas. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Bahamian Dollar.
How to get the best rate to transfer money to Bahamas from Guinea-Bissau?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Bahamas from Guinea-Bissau. 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 Bahamian Dollar 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 Guinea-Bissau to Bahamas corridor to give you more good choices for your next BSD 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 Guinea-Bissau to Bahamas?
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 Guinea-Bissau to Bahamas 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 Bahamian Dollar 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 Guinea-Bissau to Bahamas 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 BSD remittances.
Should I use my bank to transfer money from Guinea-Bissau to Bahamas?
Bank transfers have been a traditionally popular way to send money overseas from Guinea-Bissau to Bahamas. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the XOF to BSD exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.
We, therefore, recommend that before you use your Guinea-Bissau bank for your Bahamas money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.
How to send money to Bahamas from Guinea-Bissau fast?
It could be a stressful experience if you need to rush money quickly from Guinea-Bissau to Bahamas. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?First, you should ensure that you are picking the right payment method to convert XOF to BSD. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.
Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Bahamian Dollar. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.
Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Guinea-Bissau to Bahamas money transfers.
Which are the best money transfer companies to send money from Guinea-Bissau to Bahamas?
Guinea-Bissau to Bahamas 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 Bahamas 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 CFA Franc BCEAO to Bahamian Dollar 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 do a money transfer from Guinea-Bissau to Bahamas
Follow the below easy steps to send money to Bahamas from Guinea-Bissau.- 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 Guinea-Bissau bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Bahamas).
- 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.
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.