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

Compare today's INR to XOF (Indian Rupee to CFA Franc BCEAO) exchange rates

India
Senegal
INR

Interbank Exchange Rate: 1 INR = 6.1523 XOF
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Indian Rupee to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from India to Senegal. Send money overseas to your loved ones by comparing Indian Rupee (INR) 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 India.

Were you looking to send money from Senegal to India 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 INR to XOF Conversion Rates

Here are some latest INR to XOF (Indian Rupee to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 INR6.15 XOF
5 INR30.76 XOF
10 INR61.52 XOF
25 INR153.81 XOF
50 INR307.62 XOF
100 INR615.23 XOF
150 INR922.85 XOF
200 INR1,230.46 XOF
250 INR1,538.08 XOF
300 INR1,845.69 XOF
400 INR2,460.92 XOF
500 INR3,076.15 XOF
600 INR3,691.38 XOF
700 INR4,306.61 XOF
800 INR4,921.84 XOF
1,000 INR6,152.30 XOF
1,500 INR9,228.45 XOF
2,000 INR12,304.60 XOF
2,500 INR15,380.75 XOF
3,000 INR18,456.90 XOF
4,000 INR24,609.20 XOF
5,000 INR30,761.50 XOF
10,000 INR61,523.00 XOF
15,000 INR92,284.50 XOF
20,000 INR123,046.00 XOF
30,000 INR184,569.00 XOF
40,000 INR246,092.00 XOF
50,000 INR307,615.00 XOF
100,000 INR615,230.00 XOF

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


What's the best way to do India to Senegal money transfers?

There are many good choices when it comes to sending money from India to Senegal. 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 Indian Rupee to XOF money transfers.

We compare different remittance companies to bring you the best options to send money to Senegal from India. 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 Indian Rupee to CFA Franc BCEAO 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 India to Senegal?

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 Senegal from India.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your INR to CFA Franc BCEAO 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 INR to XOF 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 to send money from India to Senegal?

When you want to send money to Senegal from India, you obviously want the cheapest possible option to maximize the money your recipient gets in CFA Franc BCEAO. 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 INR to XOF 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 India to Senegal. 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 India to Senegal 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 CFA Franc BCEAO overseas.


Should I use my bank to transfer money from India to Senegal?

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


How to send money from India to Senegal fast?

It could be a stressful experience if you need to rush money quickly from India to Senegal. 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 INR to XOF. 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 CFA Franc BCEAO. 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 India to Senegal money transfers.


Which are the best money transfer companies to send money from India to Senegal?

Comparing money transfer companies for sending money to Senegal from India 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 Senegal. 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 Indian Rupee to CFA Franc BCEAO 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 CFA Franc BCEAO yield on every Indian Rupee that you send.


Step by step guide to send money from India to Senegal

The first step to send money to Senegal from India is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your INR to XOF overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Senegal if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your India bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Senegal!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from India to Senegal.