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

Compare today's XOF to BRL (CFA Franc BCEAO to Brazilian Real) exchange rates

Mali
Brazil
XOF

Interbank Exchange Rate: 1 XOF = 0.0094 BRL
Updated about an hour ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 XOF =
9.20 BRL
Transfer Limit (XOF): No Limits
Indicative Rate1 XOF = 0.0092 BRL

📢 B2B transfers only

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 CFA Franc BCEAO to Brazilian Real money transfers

Easily compare money transfer providers in one place to send money from Mali to Brazil. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Brazilian Real (BRL) 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 1 money transfer operators to get you the best FX rates to send money from Mali to Brazil.

The best rate to send Brazilian Real from CFA Franc BCEAO to your loved ones in Brazil is currently offered by Verto; their 1 XOF to BRL exchange rate today is 0.0092.

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 Brazil 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 BRL Conversion Rates

Here are some latest XOF to BRL (CFA Franc BCEAO to Brazilian Real) exchange rates for popular conversion amounts*.

1 XOF0.01 BRL
5 XOF0.05 BRL
10 XOF0.09 BRL
25 XOF0.24 BRL
50 XOF0.47 BRL
100 XOF0.94 BRL
150 XOF1.41 BRL
200 XOF1.88 BRL
250 XOF2.35 BRL
300 XOF2.82 BRL
400 XOF3.76 BRL
500 XOF4.70 BRL
600 XOF5.64 BRL
700 XOF6.58 BRL
800 XOF7.52 BRL
1,000 XOF9.40 BRL
1,500 XOF14.10 BRL
2,000 XOF18.80 BRL
2,500 XOF23.50 BRL
3,000 XOF28.20 BRL
4,000 XOF37.60 BRL
5,000 XOF47.00 BRL
10,000 XOF94.00 BRL
15,000 XOF141.00 BRL
20,000 XOF188.00 BRL
30,000 XOF282.00 BRL
40,000 XOF376.00 BRL
50,000 XOF470.00 BRL
100,000 XOF940.00 BRL

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


What's the best way to transfer money from Mali to Brazil?

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 Mali to Brazil. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer CFA Franc BCEAO to BRL.

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 XOF to BRL in Brazil. 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 Brazil from Mali. We provide you with maximum choices to send money to Brazil by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best remit rate for transferring money from Mali to Brazil?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Brazil from Mali. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your XOF to Brazilian Real money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Mali to Brazil corridor to give you more good choices for your next BRL money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money from Mali to Brazil?

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 Mali to Brazil 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 CFA Franc BCEAO to Brazilian Real 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 Mali to Brazil 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 XOF to BRL remittances.


How to send money from Mali to Brazil through a bank?

We do not recommend using your local bank in Mali for your next XOF to BRL overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Mali to Brazil (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending BRL to Brazil. These companies will let you use your local bank account in Mali to pay for your Brazil money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money to Brazil from Mali fast?

If you need to convert XOF to BRL 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 Brazil 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 Brazilian Real 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 Brazil.

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

Mali to Brazil 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 Brazil 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 Brazilian Real 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 transfer money to Brazil from Mali

With so many possible ways to transfer CFA Franc BCEAO to Brazilian Real, 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 Mali to Brazil 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 Mali and the receiver in Brazil. 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 XOF to Brazilian Real money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.