Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's XOF to USD (CFA Franc BCEAO to US Dollar) exchange rates

Guinea-Bissau
Micronesia
XOF

Interbank Exchange Rate: 1 XOF = 0.0019 USD
Updated about 1 hours ago

Found 1 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 XOF =
1.90 USD
Transfer Limit (XOF): No Limits
Indicative Rate1 XOF = 0.0019 USD

📢 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 US Dollar money transfers

Easily compare money transfer providers in one place to send money from Guinea-Bissau to Micronesia. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to US Dollar (USD) 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 Micronesia from Guinea-Bissau, we currently have 1 remittance service providers available.

Verto currently offers the most competitive rate for sending money to Micronesia and their 1 XOF to USD exchange rate today is 0.0019.

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.

Were you looking to send money from Micronesia to Guinea-Bissau 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 USD Conversion Rates

Here are some latest XOF to USD (CFA Franc BCEAO to US Dollar) exchange rates for popular conversion amounts*.

1 XOF0.00 USD
5 XOF0.01 USD
10 XOF0.02 USD
25 XOF0.05 USD
50 XOF0.10 USD
100 XOF0.19 USD
150 XOF0.29 USD
200 XOF0.38 USD
250 XOF0.48 USD
300 XOF0.57 USD
400 XOF0.76 USD
500 XOF0.95 USD
600 XOF1.14 USD
700 XOF1.33 USD
800 XOF1.52 USD
1,000 XOF1.90 USD
1,500 XOF2.85 USD
2,000 XOF3.80 USD
2,500 XOF4.75 USD
3,000 XOF5.70 USD
4,000 XOF7.60 USD
5,000 XOF9.50 USD
10,000 XOF19.00 USD
15,000 XOF28.50 USD
20,000 XOF38.00 USD
30,000 XOF57.00 USD
40,000 XOF76.00 USD
50,000 XOF95.00 USD
100,000 XOF190.00 USD

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Guinea-Bissau to Micronesia money transfers?

There are many good choices when it comes to sending money from Guinea-Bissau to Micronesia. 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 USD money transfers.

We compare different remittance companies to bring you the best options to send money to Micronesia from Guinea-Bissau. 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 United States Dollar money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best remit rate for transferring money from Guinea-Bissau to Micronesia?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Micronesia from Guinea-Bissau.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your XOF to United States Dollar remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for XOF to USD remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way for transferring money to Micronesia from Guinea-Bissau?

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 Micronesia 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 United States 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 Micronesia 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 USD remittances.


Should I use my bank to send money from Guinea-Bissau to Micronesia?

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 USD 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 Guinea-Bissau to Micronesia 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 Micronesia from Guinea-Bissau. They do this by letting you fund your transaction through your local bank account in Guinea-Bissau, and by allowing you to choose the payout to be your recipient's bank account in Micronesia. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Guinea-Bissau to Micronesia fast?

The speed of your CFA Franc BCEAO to United States Dollar 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 USD. 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 Micronesia from Guinea-Bissau 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 Micronesia 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 USD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Guinea-Bissau bank to Micronesia bank transfer.


Which are the best money transfer companies to send money from Guinea-Bissau to Micronesia?

Comparing money transfer companies for sending money to Micronesia from Guinea-Bissau can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Micronesia. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your CFA Franc BCEAO to United States Dollar transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the United States Dollar yield on every CFA Franc BCEAO that you send.


Step by step guide to send money to Micronesia from Guinea-Bissau

Follow the below easy steps to send money to Micronesia 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 Micronesia).
  • 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 USD 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.