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

Compare today's LAK to XOF (Lao Kip to CFA Franc BCEAO) exchange rates

Laos
Burkina Faso
LAK

Interbank Exchange Rate: 1 LAK = 0.0260 XOF
Updated about an hour ago

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All you need to know about Lao Kip to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Laos to Burkina Faso. Send money overseas to your loved ones by comparing Lao Kip (LAK) 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 Laos.

Were you looking to send money from Burkina Faso to Laos 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 LAK to XOF Conversion Rates

Here are some latest LAK to XOF (Lao Kip to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 LAK0.03 XOF
5 LAK0.13 XOF
10 LAK0.26 XOF
25 LAK0.65 XOF
50 LAK1.30 XOF
100 LAK2.60 XOF
150 LAK3.90 XOF
200 LAK5.20 XOF
250 LAK6.50 XOF
300 LAK7.80 XOF
400 LAK10.40 XOF
500 LAK13.00 XOF
600 LAK15.60 XOF
700 LAK18.20 XOF
800 LAK20.80 XOF
1,000 LAK26.00 XOF
1,500 LAK39.00 XOF
2,000 LAK52.00 XOF
2,500 LAK65.00 XOF
3,000 LAK78.00 XOF
4,000 LAK104.00 XOF
5,000 LAK130.00 XOF
10,000 LAK260.00 XOF
15,000 LAK390.00 XOF
20,000 LAK520.00 XOF
30,000 LAK780.00 XOF
40,000 LAK1,040.00 XOF
50,000 LAK1,300.00 XOF
100,000 LAK2,600.00 XOF

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


What's the best way to send money to Burkina Faso from Laos?

It can be very confusing when sending money from Laos to Burkina Faso given so many choices. Additionally, Lao Kip to XOF exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Laos to Burkina Faso as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Burkina Faso from Laos. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Lao Kip to CFA Franc BCEAO remittances.


How to get the best remit rate for transferring money from Laos to Burkina Faso?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Burkina Faso from Laos. 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 LAK to CFA Franc BCEAO 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 Laos to Burkina Faso corridor to give you more good choices for your next XOF money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money from Laos to Burkina Faso?

One of the most important things to watch out for is hidden fees when sending money to Burkina Faso from Laos. 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 Burkina Faso using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your CFA Franc BCEAO foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best LAK to Burkina Faso 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 Burkina Faso from Laos.


Should I use my bank to transfer money from Laos to Burkina Faso?

Big banks in Laos are known to make a lot of money by charging high fees on Burkina Faso money transfers from Laos. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a LAK to XOF exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Burkina Faso. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Laos to Burkina Faso. You work hard for your money, so you should also ensure you get the maximum yield when you send XOF overseas.


What is the fastest way to transfer money from Laos to Burkina Faso?

The speed of your Lao Kip to CFA Franc BCEAO 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 LAK to XOF. 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 Burkina Faso from Laos 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 Burkina Faso 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 XOF into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Laos bank to Burkina Faso bank transfer.


Which are the best money transfer companies to transfer money to Burkina Faso from Laos?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Laos to Burkina Faso, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Lao Kip to CFA Franc BCEAO exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your XOF money transfers to Burkina Faso. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Burkina Faso getting more money for every Lao Kip you send.


Step by step guide to transfer money to Burkina Faso from Laos

The first step to send money to Burkina Faso from Laos 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 LAK 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 Burkina Faso if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Laos bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Burkina Faso!

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 Laos to Burkina Faso.