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

Compare today's XOF to BAM (CFA Franc BCEAO to Convertible Mark) exchange rates

Mali
Bosnia and Herzegovina
XOF

Interbank Exchange Rate: 1 XOF = 0.0030 BAM
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about CFA Franc BCEAO to Convertible Mark money transfers

Easily compare money transfer providers in one place to send money from Mali to Bosnia and Herzegovina. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Convertible Mark (BAM) 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 Mali.

Were you looking to send money from Bosnia and Herzegovina to Mali 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 XOF to BAM Conversion Rates

Here are some latest XOF to BAM (CFA Franc BCEAO to Convertible Mark) exchange rates for popular conversion amounts*.

1 XOF0.00 BAM
5 XOF0.02 BAM
10 XOF0.03 BAM
25 XOF0.08 BAM
50 XOF0.15 BAM
100 XOF0.30 BAM
150 XOF0.45 BAM
200 XOF0.60 BAM
250 XOF0.75 BAM
300 XOF0.90 BAM
400 XOF1.20 BAM
500 XOF1.50 BAM
600 XOF1.80 BAM
700 XOF2.10 BAM
800 XOF2.40 BAM
1,000 XOF3.00 BAM
1,500 XOF4.50 BAM
2,000 XOF6.00 BAM
2,500 XOF7.50 BAM
3,000 XOF9.00 BAM
4,000 XOF12.00 BAM
5,000 XOF15.00 BAM
10,000 XOF30.00 BAM
15,000 XOF45.00 BAM
20,000 XOF60.00 BAM
30,000 XOF90.00 BAM
40,000 XOF120.00 BAM
50,000 XOF150.00 BAM
100,000 XOF300.00 BAM

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


What's the best way to do Mali to Bosnia and Herzegovina money transfers?

It can be very confusing when sending money from Mali to Bosnia and Herzegovina given so many choices. Additionally, CFA Franc BCEAO to BAM 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 Mali to Bosnia and Herzegovina 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 Bosnia and Herzegovina from Mali. 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 CFA Franc BCEAO to Convertible Mark remittances.


How to get the best exchange rate for your money transfers from Mali to Bosnia and Herzegovina?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Mali to Bosnia and Herzegovina transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your XOF to Convertible Mark international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest CFA Franc BCEAO to Convertible Mark exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to transfer money from Mali to Bosnia and Herzegovina?

When you want to send money to Bosnia and Herzegovina from Mali, you obviously want the cheapest possible option to maximize the money your recipient gets in Convertible Mark. 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 XOF to BAM 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 Mali to Bosnia and Herzegovina. 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 Mali to Bosnia and Herzegovina 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 Convertible Mark overseas.


Should I use my bank to transfer money from Mali to Bosnia and Herzegovina?

Bank transfers have been a traditionally popular way to send money overseas from Mali to Bosnia and Herzegovina. 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 XOF to BAM 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 Mali bank for your Bosnia and Herzegovina 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.


How to send money to Bosnia and Herzegovina from Mali fast?

If you need to convert XOF to BAM as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Mali to Bosnia and Herzegovina could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your CFA Franc BCEAO to Convertible Mark funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Bosnia and Herzegovina.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Mali to Bosnia and Herzegovina. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to send money from Mali to Bosnia and Herzegovina?

Mali to Bosnia and Herzegovina money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Bosnia and Herzegovina as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best CFA Franc BCEAO to Convertible Mark money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to do a money transfer from Mali to Bosnia and Herzegovina

The first step to send money to Bosnia and Herzegovina from Mali is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your XOF to BAM overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Bosnia and Herzegovina if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Mali bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Bosnia and Herzegovina!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Mali to Bosnia and Herzegovina.