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

Compare today's LYD to BIF (Libyan Dinar to Burundian Franc) exchange rates

Libya
Burundi
LYD

Interbank Exchange Rate: 1 LYD = 467.0328 BIF
Updated about an hour ago

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All you need to know about Libyan Dinar to Burundian Franc money transfers

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

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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 BIF Conversion Rates

Here are some latest LYD to BIF (Libyan Dinar to Burundian Franc) exchange rates for popular conversion amounts*.

1 LYD467.03 BIF
5 LYD2,335.16 BIF
10 LYD4,670.33 BIF
25 LYD11,675.82 BIF
50 LYD23,351.64 BIF
100 LYD46,703.28 BIF
150 LYD70,054.92 BIF
200 LYD93,406.56 BIF
250 LYD116,758.20 BIF
300 LYD140,109.84 BIF
400 LYD186,813.12 BIF
500 LYD233,516.40 BIF
600 LYD280,219.68 BIF
700 LYD326,922.96 BIF
800 LYD373,626.24 BIF
1,000 LYD467,032.80 BIF
1,500 LYD700,549.20 BIF
2,000 LYD934,065.60 BIF
2,500 LYD1,167,582.00 BIF
3,000 LYD1,401,098.40 BIF
4,000 LYD1,868,131.20 BIF
5,000 LYD2,335,164.00 BIF
10,000 LYD4,670,328.00 BIF
15,000 LYD7,005,492.00 BIF
20,000 LYD9,340,656.00 BIF
30,000 LYD14,010,984.00 BIF
40,000 LYD18,681,312.00 BIF
50,000 LYD23,351,640.00 BIF
100,000 LYD46,703,280.00 BIF

*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 Burundi?

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 Burundi. 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 BIF.

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 BIF in Burundi. 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 Burundi from Libya. We provide you with maximum choices to send money to Burundi by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Burundi from Libya?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Burundi from Libya. 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 LYD to Burundian Franc 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 Libya to Burundi corridor to give you more good choices for your next BIF money transfer. This way you do not miss out on additional options to potentially save more.


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

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

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best LYD to Burundi 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 Burundi from Libya.


Should I use my bank to transfer money from Libya to Burundi?

Big banks in Libya are known to make a lot of money by charging high fees on Burundi 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 BIF 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 Burundi. 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 Burundi. You work hard for your money, so you should also ensure you get the maximum yield when you send BIF overseas.


What is the fastest way to transfer money from Libya to Burundi?

It could be a stressful experience if you need to rush money quickly from Libya to Burundi. 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 BIF. 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 Burundian Franc. 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 Burundi money transfers.


Which are the best money transfer companies to transfer money to Burundi from Libya?

The first step in selecting the best money transfer operators for Libya to Burundi remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Libyan Dinar to Burundian Franc money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Burundi.


Step by step guide to send money to Burundi from Libya

Follow the below easy steps to send money to Burundi from Libya.

  • 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 Libya bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Burundi).
  • 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 LYD to BIF 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.