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

Compare today's XOF to MAD (CFA Franc BCEAO to Moroccan Dirham) exchange rates

Guinea-Bissau
Morocco
XOF

Interbank Exchange Rate: 1 XOF = 0.0165 MAD
Updated about 1 hours ago

Found 1 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 XOF =
16.20 MAD
Transfer Limit (XOF): No Limits
Indicative Rate1 XOF = 0.0162 MAD

📢 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 Moroccan Dirham money transfers

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

Verto currently offers the most competitive rate for sending money to Morocco and their 1 XOF to MAD exchange rate today is 0.0162.

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 Morocco 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 MAD Conversion Rates

Here are some latest XOF to MAD (CFA Franc BCEAO to Moroccan Dirham) exchange rates for popular conversion amounts*.

1 XOF0.02 MAD
5 XOF0.08 MAD
10 XOF0.17 MAD
25 XOF0.41 MAD
50 XOF0.83 MAD
100 XOF1.65 MAD
150 XOF2.48 MAD
200 XOF3.30 MAD
250 XOF4.13 MAD
300 XOF4.95 MAD
400 XOF6.60 MAD
500 XOF8.25 MAD
600 XOF9.90 MAD
700 XOF11.55 MAD
800 XOF13.20 MAD
1,000 XOF16.50 MAD
1,500 XOF24.75 MAD
2,000 XOF33.00 MAD
2,500 XOF41.25 MAD
3,000 XOF49.50 MAD
4,000 XOF66.00 MAD
5,000 XOF82.50 MAD
10,000 XOF165.00 MAD
15,000 XOF247.50 MAD
20,000 XOF330.00 MAD
30,000 XOF495.00 MAD
40,000 XOF660.00 MAD
50,000 XOF825.00 MAD
100,000 XOF1,650.00 MAD

*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 Morocco from Guinea-Bissau?

Sending money internationally to Morocco 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 MAD 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 Morocco. 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 Moroccan Dirham.


How to get the best rate to transfer money to Morocco from Guinea-Bissau?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Morocco 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 Moroccan Dirham 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 Morocco corridor to give you more good choices for your next MAD money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money to Morocco from Guinea-Bissau?

When you want to send money to Morocco from Guinea-Bissau, you obviously want the cheapest possible option to maximize the money your recipient gets in Moroccan Dirham. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your XOF to MAD money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Guinea-Bissau to Morocco. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Guinea-Bissau to Morocco exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Moroccan Dirham overseas.


How to send money to Morocco from Guinea-Bissau through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Guinea-Bissau to Morocco. 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 MAD 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 Morocco 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.


What is the fastest way to transfer money from Guinea-Bissau to Morocco?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Guinea-Bissau to Morocco. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert XOF to MAD fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your CFA Franc BCEAO amount reaching Morocco. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Moroccan Dirham quickly to Morocco, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


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

Comparing money transfer companies for sending money to Morocco 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 Morocco. 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 Moroccan Dirham 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 Moroccan Dirham yield on every CFA Franc BCEAO that you send.


Step by step guide to do a money transfer from Guinea-Bissau to Morocco

Follow the below easy steps to send money to Morocco 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 Morocco).
  • 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 MAD 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.