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

Compare today's GNF to BBD (Guinean Franc to Barbadian Dollar) exchange rates

Guinea
Barbados
GNF

Interbank Exchange Rate: 1 GNF = 0.0003 BBD
Updated about an hour ago

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All you need to know about Guinean Franc to Barbadian Dollar money transfers

Easily compare money transfer providers in one place to send money from Guinea to Barbados. Send money overseas to your loved ones by comparing Guinean Franc (GNF) to Barbadian Dollar (BBD) 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.

Were you looking to send money from Barbados to Guinea 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 GNF to BBD Conversion Rates

Here are some latest GNF to BBD (Guinean Franc to Barbadian Dollar) exchange rates for popular conversion amounts*.

1 GNF0.00 BBD
5 GNF0.00 BBD
10 GNF0.00 BBD
25 GNF0.01 BBD
50 GNF0.02 BBD
100 GNF0.03 BBD
150 GNF0.05 BBD
200 GNF0.06 BBD
250 GNF0.08 BBD
300 GNF0.09 BBD
400 GNF0.12 BBD
500 GNF0.15 BBD
600 GNF0.18 BBD
700 GNF0.21 BBD
800 GNF0.24 BBD
1,000 GNF0.30 BBD
1,500 GNF0.45 BBD
2,000 GNF0.60 BBD
2,500 GNF0.75 BBD
3,000 GNF0.90 BBD
4,000 GNF1.20 BBD
5,000 GNF1.50 BBD
10,000 GNF3.00 BBD
15,000 GNF4.50 BBD
20,000 GNF6.00 BBD
30,000 GNF9.00 BBD
40,000 GNF12.00 BBD
50,000 GNF15.00 BBD
100,000 GNF30.00 BBD

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


What's the best way to transfer money from Guinea to Barbados?

There are many good choices when it comes to sending money from Guinea to Barbados. 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 Guinean Franc to BBD money transfers.

We compare different remittance companies to bring you the best options to send money to Barbados from Guinea. 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 Guinean Franc to Barbadian Dollar money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best exchange rate for your money transfers from Guinea to Barbados?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Guinea to Barbados transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your GNF to Barbadian Dollar international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Guinean Franc to Barbadian Dollar exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to send money from Guinea to Barbados?

One of the most important things to watch out for is hidden fees when sending money to Barbados from Guinea. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Barbados using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Barbadian Dollar foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best GNF to Barbados exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Barbados from Guinea.


How to send money from Guinea to Barbados through a bank?

We do not recommend using your local bank in Guinea for your next GNF to BBD 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 Guinea to Barbados (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 BBD to Barbados. These companies will let you use your local bank account in Guinea to pay for your Barbados 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 transfer money from Guinea to Barbados?

If you need to convert GNF to BBD as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Guinea to Barbados could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Guinean Franc to Barbadian Dollar funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Barbados.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Guinea to Barbados. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to send money to Barbados from Guinea?

Comparing money transfer companies for sending money to Barbados from Guinea 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 Barbados. 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 Guinean Franc to Barbadian 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 Barbadian Dollar yield on every Guinean Franc that you send.


Step by step guide to send money from Guinea to Barbados

With so many possible ways to transfer Guinean Franc to Barbadian Dollar, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Guinea to Barbados remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Guinea and the receiver in Barbados. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your GNF to Barbadian Dollar money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.