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
Guinea-Bissau
EUR
Interbank Exchange Rate: 1 EUR = 655.9574 XOF
Updated about an hour ago

Found 7 Remittance Service Providers

(*)(*)(*)(*)( )
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 =
655 957.00 XOF
Transfer Limit (EUR): 1 - 10000
Locked-In Rate1 EUR = 655.9570 XOF
(*)(*)(*)(*)(*)
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 =
653 236.10 XOF
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 653.2361 XOF

📢 New! Cash pickup available
(*)(*)(*)(*)(*)
1000 EUR =
643 492.50 XOF
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 643.4925 XOF

📢 B2B transfers only
(*)(*)(*)(*)( )
1000 EUR =
636 854.80 XOF
Transfer Limit (EUR): No Limits
Locked-In Rate1 EUR = 636.8548 XOF
1 Remit Service Providers did not match the search criteria.
(*)(*)(*)(*)(*)
1000 EUR =
655 300.80 XOF
Transfer Limit (EUR): 5772 - 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 Guinea-Bissau. 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 7 money transfer operators to get you the best FX rates to send money from Luxembourg to Guinea-Bissau.

The best rate to send CFA Franc BCEAO from Euro to your loved ones in Guinea-Bissau is currently offered by WorldRemit; their 1 EUR to XOF exchange rate today is 655.9600.

Ria Money Transfer offers the next most competitive Euro to CFA Franc BCEAO exchange rate today (currently 1 EUR = 655.9570 XOF).

Two other competitive providers for sending money from Luxembourg to Guinea-Bissau are Verto and Currencyflow.

Were you looking to send money from Guinea-Bissau 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 EUR3,279.79 XOF
10 EUR6,559.57 XOF
25 EUR16,398.94 XOF
50 EUR32,797.87 XOF
100 EUR65,595.74 XOF
150 EUR98,393.61 XOF
200 EUR131,191.48 XOF
250 EUR163,989.35 XOF
300 EUR196,787.22 XOF
400 EUR262,382.96 XOF
500 EUR327,978.70 XOF
600 EUR393,574.44 XOF
700 EUR459,170.18 XOF
800 EUR524,765.92 XOF
1,000 EUR655,957.40 XOF
1,500 EUR983,936.10 XOF
2,000 EUR1,311,914.80 XOF
2,500 EUR1,639,893.50 XOF
3,000 EUR1,967,872.20 XOF
4,000 EUR2,623,829.60 XOF
5,000 EUR3,279,787.00 XOF
10,000 EUR6,559,574.00 XOF
15,000 EUR9,839,361.00 XOF
20,000 EUR13,119,148.00 XOF
30,000 EUR19,678,722.00 XOF
40,000 EUR26,238,296.00 XOF
50,000 EUR32,797,870.00 XOF
100,000 EUR65,595,740.00 XOF

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Luxembourg to Guinea-Bissau money transfers?

There are many good choices when it comes to sending money from Luxembourg to Guinea-Bissau. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Euro to XOF money transfers.

We compare different remittance companies to bring you the best options to send money to Guinea-Bissau from Luxembourg. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Euro to CFA Franc BCEAO money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best rate to transfer money to Guinea-Bissau 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 Guinea-Bissau.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Luxembourg to Guinea-Bissau 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 Guinea-Bissau?

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

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best EUR to Guinea-Bissau 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 Guinea-Bissau from Luxembourg.


How to send money to Guinea-Bissau from Luxembourg through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Luxembourg to Guinea-Bissau. 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 Guinea-Bissau 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 transfer money from Luxembourg to Guinea-Bissau?

It could be a stressful experience if you need to rush money quickly from Luxembourg to Guinea-Bissau. 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 EUR 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 Luxembourg to Guinea-Bissau money transfers.


Which are the best money transfer companies to send money to Guinea-Bissau 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 Guinea-Bissau. 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 Guinea-Bissau 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 Guinea-Bissau transaction.


Step by step guide to send money to Guinea-Bissau from Luxembourg

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 Luxembourg to Guinea-Bissau, 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 Luxembourg to Guinea-Bissau 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 Guinea-Bissau where they can receive monies in CFA Franc BCEAO.
  • Then, provide details of your Luxembourg 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 EUR travel to another part of the globe.