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Compare today's XOF to BWP (CFA Franc BCEAO to Botswana Pula) exchange rates

Mali
Botswana
XOF

Interbank Exchange Rate: 1 XOF = 0.0237 BWP
Updated about an hour ago

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All you need to know about CFA Franc BCEAO to Botswana Pula money transfers

Easily compare money transfer providers in one place to send money from Mali to Botswana. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Botswana Pula (BWP) 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 Botswana 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 BWP Conversion Rates

Here are some latest XOF to BWP (CFA Franc BCEAO to Botswana Pula) exchange rates for popular conversion amounts*.

1 XOF0.02 BWP
5 XOF0.12 BWP
10 XOF0.24 BWP
25 XOF0.59 BWP
50 XOF1.19 BWP
100 XOF2.37 BWP
150 XOF3.55 BWP
200 XOF4.74 BWP
250 XOF5.93 BWP
300 XOF7.11 BWP
400 XOF9.48 BWP
500 XOF11.85 BWP
600 XOF14.22 BWP
700 XOF16.59 BWP
800 XOF18.96 BWP
1,000 XOF23.70 BWP
1,500 XOF35.55 BWP
2,000 XOF47.40 BWP
2,500 XOF59.25 BWP
3,000 XOF71.10 BWP
4,000 XOF94.80 BWP
5,000 XOF118.50 BWP
10,000 XOF237.00 BWP
15,000 XOF355.50 BWP
20,000 XOF474.00 BWP
30,000 XOF711.00 BWP
40,000 XOF948.00 BWP
50,000 XOF1,185.00 BWP
100,000 XOF2,370.00 BWP

*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 Botswana money transfers?

It can be very confusing when sending money from Mali to Botswana given so many choices. Additionally, CFA Franc BCEAO to BWP 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 Botswana 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 Botswana 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 Botswana Pula remittances.


How to get the best rate to transfer money to Botswana from Mali?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your XOF to Botswana Pula money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Mali to Botswana. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for XOF to BWP remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to transfer money from Mali to Botswana?

When you want to send money to Botswana from Mali, you obviously want the cheapest possible option to maximize the money your recipient gets in Botswana Pula. 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 BWP 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 Botswana. 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 Botswana 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 Botswana Pula overseas.


Should I use my bank to transfer money from Mali to Botswana?

Bank transfers have been a traditionally popular way to send money overseas from Mali to Botswana. 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 BWP 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 Botswana 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 Botswana from Mali fast?

If you need to convert XOF to BWP 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 Botswana 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 Botswana Pula 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 Botswana.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Mali to Botswana. 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 transfer money from Mali to Botswana?

Comparing money transfer companies for sending money to Botswana from Mali can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Botswana. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your CFA Franc BCEAO to Botswana Pula transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Botswana Pula yield on every CFA Franc BCEAO that you send.


Step by step guide to send money to Botswana from Mali

There are many important aspects of Mali to Botswana remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Mali bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include BWP bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much CFA Franc BCEAO amount you want to send from Mali.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Botswana to validate that they get the money once the transaction clears.