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

Compare today's LYD to XOF (Libyan Dinar to CFA Franc BCEAO) exchange rates

Libya
Burkina Faso
LYD

Interbank Exchange Rate: 1 LYD = 87.9455 XOF
Updated about an hour ago

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All you need to know about Libyan Dinar to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Libya to Burkina Faso. Send money overseas to your loved ones by comparing Libyan Dinar (LYD) 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 Libya.

Were you looking to send money from Burkina Faso to Libya 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 LYD to XOF Conversion Rates

Here are some latest LYD to XOF (Libyan Dinar to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 LYD87.95 XOF
5 LYD439.73 XOF
10 LYD879.45 XOF
25 LYD2,198.64 XOF
50 LYD4,397.28 XOF
100 LYD8,794.55 XOF
150 LYD13,191.82 XOF
200 LYD17,589.10 XOF
250 LYD21,986.38 XOF
300 LYD26,383.65 XOF
400 LYD35,178.20 XOF
500 LYD43,972.75 XOF
600 LYD52,767.30 XOF
700 LYD61,561.85 XOF
800 LYD70,356.40 XOF
1,000 LYD87,945.50 XOF
1,500 LYD131,918.25 XOF
2,000 LYD175,891.00 XOF
2,500 LYD219,863.75 XOF
3,000 LYD263,836.50 XOF
4,000 LYD351,782.00 XOF
5,000 LYD439,727.50 XOF
10,000 LYD879,455.00 XOF
15,000 LYD1,319,182.50 XOF
20,000 LYD1,758,910.00 XOF
30,000 LYD2,638,365.00 XOF
40,000 LYD3,517,820.00 XOF
50,000 LYD4,397,275.00 XOF
100,000 LYD8,794,550.00 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 Libya to Burkina Faso?

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 Libya to Burkina Faso. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Libyan Dinar 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 LYD to XOF in Burkina Faso. 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 Burkina Faso from Libya. We provide you with maximum choices to send money to Burkina Faso by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for your money transfers from Libya to Burkina Faso?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your LYD to CFA Franc BCEAO money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Libya to Burkina Faso. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for LYD to XOF remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to transfer money from Libya to Burkina Faso?

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 Libya to Burkina Faso 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 Libyan Dinar 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 Libya to Burkina Faso 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 LYD to XOF remittances.


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

Big banks in Libya are known to make a lot of money by charging high fees on Burkina Faso money transfers from Libya. 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 LYD 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 Libya 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 Libya to Burkina Faso?

It could be a stressful experience if you need to rush money quickly from Libya to Burkina Faso. 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 LYD 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 Libya to Burkina Faso money transfers.


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

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 Libya 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 Libyan Dinar 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 Libyan Dinar you send.


Step by step guide to do a money transfer from Libya to Burkina Faso

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 Libya to Burkina Faso, 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 Libya to Burkina Faso 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 Burkina Faso where they can receive monies in CFA Franc BCEAO.
  • Then, provide details of your Libya 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 LYD travel to another part of the globe.