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

Compare today's EUR to XOF (Euro to CFA Franc BCEAO) exchange rates

Italy
Mali
EUR
Interbank Exchange Rate: 1 EUR = 655.9569 XOF
Updated about an hour ago

Found 11 Remittance Service Providers

(*)( )( )( )( )
1000 EUR =
655 960.00 XOF
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 655.9600 XOF
(*)(*)(*)(*)( )
1000 EUR =
662 520.00 XOF
Transfer Limit (EUR): 0 - 20000
Locked-In Rate1 EUR = 662.5200 XOF

📢 Special exchange rate applied for first transfer
(*)(*)( )( )( )
1000 EUR =
662 519.60 XOF
Transfer Limit (EUR): 12 - 4344.7771
Indicative Rate1 EUR = 662.5196 XOF
( )( )( )( )( )
1000 EUR =
662 519.60 XOF
Transfer Limit (EUR): 12 - 4000
Indicative Rate1 EUR = 662.5196 XOF
(*)(*)(*)( )( )
1000 EUR =
659 685.00 XOF
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 659.6850 XOF

📢 New! Cash pickup available
(*)(*)(*)(*)(*)
1000 EUR =
656 795.50 XOF
Transfer Limit (EUR): No Limits
Locked-In Rate1 EUR = 656.7955 XOF
(*)(*)(*)(*)(*)
1000 EUR =
655 957.00 XOF
Transfer Limit (EUR): 1 - 10000
Locked-In Rate1 EUR = 655.9570 XOF
(*)(*)(*)(*)(*)
1000 EUR =
654 645.10 XOF
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 654.6451 XOF

📢 B2B transfers only
( )( )( )( )( )
1000 EUR =
654 448.30 XOF
Transfer Limit (EUR): No Limits
Locked-In Rate1 EUR = 654.4483 XOF
(*)(*)(*)(*)(*)
1000 EUR =
647 220.00 XOF
Transfer Limit (EUR): 1 - 1000000
Locked-In Rate1 EUR = 647.2200 XOF
(*)(*)(*)(*)(*)
1000 EUR =
643 117.80 XOF
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 643.1178 XOF

📢 B2B transfers only
1 Remit Service Providers did not match the search criteria.
(*)(*)(*)(*)(*)
1000 EUR =
655 301.00 XOF
Transfer Limit (EUR): 5697 - No Limit
Indicative Rate1 EUR = 655.3010 XOF

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 Euro to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Italy to Mali. Send money overseas to your loved ones by comparing Euro (EUR) 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.

When making a money transfer to Mali from Italy, we currently have 11 remittance service providers available.

Remitly currently offers the most competitive rate for sending money to Mali and their 1 EUR to XOF exchange rate today is 662.5200.

The next best Euro to CFA Franc BCEAO exchange rate today for money transfers to Mali is offered by Dahabshiil (1 EUR = 662.5196 XOF).

TalkRemit and XE Money Transfer are amongst other competitive providers to consider for Italy to Mali money transfers.

Were you looking to send money from Mali to Italy instead?

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.

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.


Latest EUR to XOF Conversion Rates

Here are some latest EUR to XOF (Euro to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 EUR655.96 XOF
5 EUR3,279.78 XOF
10 EUR6,559.57 XOF
25 EUR16,398.92 XOF
50 EUR32,797.85 XOF
100 EUR65,595.69 XOF
150 EUR98,393.54 XOF
200 EUR131,191.38 XOF
250 EUR163,989.23 XOF
300 EUR196,787.07 XOF
400 EUR262,382.76 XOF
500 EUR327,978.45 XOF
600 EUR393,574.14 XOF
700 EUR459,169.83 XOF
800 EUR524,765.52 XOF
1,000 EUR655,956.90 XOF
1,500 EUR983,935.35 XOF
2,000 EUR1,311,913.80 XOF
2,500 EUR1,639,892.25 XOF
3,000 EUR1,967,870.70 XOF
4,000 EUR2,623,827.60 XOF
5,000 EUR3,279,784.50 XOF
10,000 EUR6,559,569.00 XOF
15,000 EUR9,839,353.50 XOF
20,000 EUR13,119,138.00 XOF
30,000 EUR19,678,707.00 XOF
40,000 EUR26,238,276.00 XOF
50,000 EUR32,797,845.00 XOF
100,000 EUR65,595,690.00 XOF

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


What's the best way to transfer money from Italy to Mali?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Italy to Mali. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Euro to XOF.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send EUR to XOF in Mali. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Mali from Italy. We provide you with maximum choices to send money to Mali by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for sending money from Italy to Mali?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Mali.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Italy to Mali transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your EUR to CFA Franc BCEAO money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way to send money to Mali from Italy?

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 Italy to Mali 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 Euro to CFA Franc BCEAO 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 Italy to Mali 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 EUR to XOF remittances.


Should I use my bank to send money from Italy to Mali?

We do not recommend using your local bank in Italy for your next EUR to XOF 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 Italy to Mali (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 XOF to Mali. These companies will let you use your local bank account in Italy to pay for your Mali 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 do a money transfer to Mali from Italy?

If you need to convert EUR to XOF 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 Italy to Mali 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 Euro to CFA Franc BCEAO 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 Mali.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Italy to Mali. 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 transfer money from Italy to Mali?

Italy to Mali 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 Mali 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 Euro to CFA Franc BCEAO 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 send money from Italy to Mali

Follow the below easy steps to send money to Mali from Italy.

  • 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 Italy bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Mali).
  • 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 EUR to XOF 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.