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

Compare today's EUR to XOF (Euro to CFA Franc BCEAO) exchange rates

Luxembourg
Burkina Faso
EUR
Interbank Exchange Rate: 1 EUR = 655.9568 XOF
Updated about 1 hours ago

Found 5 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 =
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 Burkina Faso. 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 5 money transfer operators to get you the best FX rates to send money from Luxembourg to Burkina Faso.

The best rate to send CFA Franc BCEAO from Euro to your loved ones in Burkina Faso is currently offered by XE Money Transfer; their 1 EUR to XOF exchange rate today is 658.1925.

Verto offers the next most competitive Euro to CFA Franc BCEAO exchange rate today (currently 1 EUR = 654.6449 XOF).

Two other competitive providers for sending money from Luxembourg to Burkina Faso are Currencyflow and Airwallex.

Were you looking to send money from Burkina Faso 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 EUR655.96 XOF
5 EUR3,279.78 XOF
10 EUR6,559.57 XOF
25 EUR16,398.92 XOF
50 EUR32,797.84 XOF
100 EUR65,595.68 XOF
150 EUR98,393.52 XOF
200 EUR131,191.36 XOF
250 EUR163,989.20 XOF
300 EUR196,787.04 XOF
400 EUR262,382.72 XOF
500 EUR327,978.40 XOF
600 EUR393,574.08 XOF
700 EUR459,169.76 XOF
800 EUR524,765.44 XOF
1,000 EUR655,956.80 XOF
1,500 EUR983,935.20 XOF
2,000 EUR1,311,913.60 XOF
2,500 EUR1,639,892.00 XOF
3,000 EUR1,967,870.40 XOF
4,000 EUR2,623,827.20 XOF
5,000 EUR3,279,784.00 XOF
10,000 EUR6,559,568.00 XOF
15,000 EUR9,839,352.00 XOF
20,000 EUR13,119,136.00 XOF
30,000 EUR19,678,704.00 XOF
40,000 EUR26,238,272.00 XOF
50,000 EUR32,797,840.00 XOF
100,000 EUR65,595,680.00 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 Burkina Faso?

It can be very confusing when sending money from Luxembourg to Burkina Faso given so many choices. Additionally, Euro 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 Luxembourg 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 Luxembourg. 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 Euro to CFA Franc BCEAO remittances.


How to get the best rate to transfer money to Burkina Faso from Luxembourg?

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 Burkina Faso.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Luxembourg to Burkina Faso 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 EUR 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 transfer money from Luxembourg to Burkina Faso?

When you want to send money to Burkina Faso from Luxembourg, you obviously want the cheapest possible option to maximize the money your recipient gets in CFA Franc BCEAO. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your EUR to XOF money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Luxembourg to Burkina Faso. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Luxembourg to Burkina Faso exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send CFA Franc BCEAO overseas.


Should I use my bank to send money from Luxembourg to Burkina Faso?

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


How to send money to Burkina Faso from Luxembourg fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Luxembourg to Burkina Faso. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert EUR to XOF fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Euro amount reaching Burkina Faso. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush CFA Franc BCEAO quickly to Burkina Faso, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


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

Since the Euro 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 Luxembourg that may also be able to send money to Burkina Faso. 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 EUR to XOF money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Burkina Faso gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Luxembourg to Burkina Faso transaction.


Step by step guide to send money from Luxembourg to Burkina Faso

With so many possible ways to transfer Euro to CFA Franc BCEAO, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Luxembourg to Burkina Faso remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Luxembourg and the receiver in Burkina Faso. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your EUR to CFA Franc BCEAO money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.