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Compare today's LSL to XOF (Lesotho Loti to CFA Franc BCEAO) exchange rates

Lesotho
Mali
LSL

Interbank Exchange Rate: 1 LSL = 34.7442 XOF
Updated about an hour ago

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All you need to know about Lesotho Loti to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Lesotho to Mali. Send money overseas to your loved ones by comparing Lesotho Loti (LSL) 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 Lesotho.

Were you looking to send money from Mali to Lesotho 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 LSL to XOF Conversion Rates

Here are some latest LSL to XOF (Lesotho Loti to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 LSL34.74 XOF
5 LSL173.72 XOF
10 LSL347.44 XOF
25 LSL868.61 XOF
50 LSL1,737.21 XOF
100 LSL3,474.42 XOF
150 LSL5,211.63 XOF
200 LSL6,948.84 XOF
250 LSL8,686.05 XOF
300 LSL10,423.26 XOF
400 LSL13,897.68 XOF
500 LSL17,372.10 XOF
600 LSL20,846.52 XOF
700 LSL24,320.94 XOF
800 LSL27,795.36 XOF
1,000 LSL34,744.20 XOF
1,500 LSL52,116.30 XOF
2,000 LSL69,488.40 XOF
2,500 LSL86,860.50 XOF
3,000 LSL104,232.60 XOF
4,000 LSL138,976.80 XOF
5,000 LSL173,721.00 XOF
10,000 LSL347,442.00 XOF
15,000 LSL521,163.00 XOF
20,000 LSL694,884.00 XOF
30,000 LSL1,042,326.00 XOF
40,000 LSL1,389,768.00 XOF
50,000 LSL1,737,210.00 XOF
100,000 LSL3,474,420.00 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 Mali from Lesotho?

Sending money internationally to Mali from Lesotho 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 Lesotho Loti to XOF 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 Mali. 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 CFA Franc BCEAO.


How to get the best exchange rate for your money transfers from Lesotho 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 Lesotho 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 LSL 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 Lesotho?

Finding the cheapest way to send money from Lesotho to Mali might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer LSL to XOF via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Lesotho to Mali exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


Should I use my bank to transfer money from Lesotho to Mali?

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


What is the fastest way to do a money transfer to Mali from Lesotho?

The speed of your Lesotho Loti 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 LSL 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 Mali from Lesotho 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 Mali 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 Lesotho bank to Mali bank transfer.


Which are the best money transfer companies to transfer money to Mali from Lesotho?

Since the Lesotho Loti to CFA Franc BCEAO money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Lesotho that may also be able to send money to Mali. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your LSL to XOF money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Mali gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Lesotho to Mali transaction.


Step by step guide to send money from Lesotho to Mali

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Lesotho to Mali, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Lesotho to Mali that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Mali where they can receive monies in CFA Franc BCEAO.
  • Then, provide details of your Lesotho bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your LSL travel to another part of the globe.