Compare today's EUR to XOF (Euro to CFA Franc BCEAO) exchange rates
Interbank Exchange Rate: 1 EUR = 655.9571 XOF
Updated about 1 hours ago
Found 6 Remittance Service Providers
1000 EUR =
658 192.50 XOF
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 658.1925 XOF
📢 New! Cash pickup available
1000 EUR =
655 960.00 XOF
Transfer Limit (EUR): No Limits
Locked-In Rate1 EUR = 655.9600 XOF
📢 Special exchange rate applied for first transfer
1000 EUR =
654 644.90 XOF
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 654.6449 XOF
📢 B2B transfers only
1000 EUR =
654 448.10 XOF
Transfer Limit (EUR): No Limits
Locked-In Rate1 EUR = 654.4481 XOF
1000 EUR =
646 665.00 XOF
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 646.6650 XOF
📢 B2B transfers only
1000 EUR =
636 967.70 XOF
Transfer Limit (EUR): No Limits
Locked-In Rate1 EUR = 636.9677 XOF
1 Remit Service Providers did not match the search criteria.
1000 EUR =
655 300.80 XOF
Transfer Limit (EUR): 5756.5 - No Limit
Indicative Rate1 EUR = 655.3008 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 Luxembourg to Benin. 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.
RemitFinder compared 6 money transfer operators to get you the best FX rates to send money from Luxembourg to Benin.
The best rate to send CFA Franc BCEAO from Euro to your loved ones in Benin is currently offered by XE Money Transfer; their 1 EUR to XOF exchange rate today is 658.1925.
WorldRemit offers the next most competitive Euro to CFA Franc BCEAO exchange rate today (currently 1 EUR = 655.9600 XOF).
Two other competitive providers for sending money from Luxembourg to Benin are Verto and Currencyflow.
Were you looking to send money from Benin to Luxembourg 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 EUR | 655.96 XOF |
| 5 EUR | 3,279.79 XOF |
| 10 EUR | 6,559.57 XOF |
| 25 EUR | 16,398.93 XOF |
| 50 EUR | 32,797.85 XOF |
| 100 EUR | 65,595.71 XOF |
| 150 EUR | 98,393.57 XOF |
| 200 EUR | 131,191.42 XOF |
| 250 EUR | 163,989.28 XOF |
| 300 EUR | 196,787.13 XOF |
| 400 EUR | 262,382.84 XOF |
| 500 EUR | 327,978.55 XOF |
| 600 EUR | 393,574.26 XOF |
| 700 EUR | 459,169.97 XOF |
| 800 EUR | 524,765.68 XOF |
| 1,000 EUR | 655,957.10 XOF |
| 1,500 EUR | 983,935.65 XOF |
| 2,000 EUR | 1,311,914.20 XOF |
| 2,500 EUR | 1,639,892.75 XOF |
| 3,000 EUR | 1,967,871.30 XOF |
| 4,000 EUR | 2,623,828.40 XOF |
| 5,000 EUR | 3,279,785.50 XOF |
| 10,000 EUR | 6,559,571.00 XOF |
| 15,000 EUR | 9,839,356.50 XOF |
| 20,000 EUR | 13,119,142.00 XOF |
| 30,000 EUR | 19,678,713.00 XOF |
| 40,000 EUR | 26,238,284.00 XOF |
| 50,000 EUR | 32,797,855.00 XOF |
| 100,000 EUR | 65,595,710.00 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 from Luxembourg to Benin?
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 Luxembourg to Benin. 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 Benin. 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 Benin from Luxembourg. We provide you with maximum choices to send money to Benin 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 Luxembourg to Benin?
Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Benin from Luxembourg.At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your EUR to CFA Franc BCEAO remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.
You can also register for our daily rate alert to stay aware of the latest exchange rates for EUR to XOF remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.
What's the cheapest way for transferring money to Benin from Luxembourg?
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 Luxembourg to Benin 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 Luxembourg to Benin 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 Luxembourg to Benin?
Bank transfers have been a traditionally popular way to send money overseas from Luxembourg to Benin. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the EUR to XOF exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.
We, therefore, recommend that before you use your Luxembourg bank for your Benin money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.
What is the fastest way to do a money transfer to Benin from Luxembourg?
The speed of your Euro 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 EUR 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 Benin from Luxembourg 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 Benin 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 Luxembourg bank to Benin bank transfer.
Which are the best money transfer companies to send money to Benin from Luxembourg?
The first step in selecting the best money transfer operators for Luxembourg to Benin 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 Euro to CFA Franc BCEAO 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 Benin.
Step by step guide to send money from Luxembourg to Benin
Follow the below easy steps to send money to Benin from Luxembourg.- 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 Luxembourg bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Benin).
- 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.
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.