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

Compare today's XOF to USD (CFA Franc BCEAO to US Dollar) exchange rates

Mali
British Indian Ocean Territory
XOF

Interbank Exchange Rate: 1 XOF = 0.0019 USD
Updated about an hour ago

Found 1 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 XOF =
1.80 USD
Transfer Limit (XOF): No Limits
Indicative Rate1 XOF = 0.0018 USD

📢 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 US Dollar money transfers

Easily compare money transfer providers in one place to send money from Mali to British Indian Ocean Territory. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to US Dollar (USD) 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.

When making a money transfer to British Indian Ocean Territory from Mali, we currently have 1 remittance service providers available.

Verto currently offers the most competitive rate for sending money to British Indian Ocean Territory and their 1 XOF to USD exchange rate today is 0.0018.

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 British Indian Ocean Territory 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 USD Conversion Rates

Here are some latest XOF to USD (CFA Franc BCEAO to US Dollar) exchange rates for popular conversion amounts*.

1 XOF0.00 USD
5 XOF0.01 USD
10 XOF0.02 USD
25 XOF0.05 USD
50 XOF0.10 USD
100 XOF0.19 USD
150 XOF0.29 USD
200 XOF0.38 USD
250 XOF0.48 USD
300 XOF0.57 USD
400 XOF0.76 USD
500 XOF0.95 USD
600 XOF1.14 USD
700 XOF1.33 USD
800 XOF1.52 USD
1,000 XOF1.90 USD
1,500 XOF2.85 USD
2,000 XOF3.80 USD
2,500 XOF4.75 USD
3,000 XOF5.70 USD
4,000 XOF7.60 USD
5,000 XOF9.50 USD
10,000 XOF19.00 USD
15,000 XOF28.50 USD
20,000 XOF38.00 USD
30,000 XOF57.00 USD
40,000 XOF76.00 USD
50,000 XOF95.00 USD
100,000 XOF190.00 USD

*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 British Indian Ocean Territory?

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 British Indian Ocean Territory. 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 USD.

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 USD in British Indian Ocean Territory. 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 British Indian Ocean Territory from Mali. We provide you with maximum choices to send money to British Indian Ocean Territory by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for sending money from Mali to British Indian Ocean Territory?

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 British Indian Ocean Territory.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Mali to British Indian Ocean Territory 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 XOF to United States Dollar 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 send money from Mali to British Indian Ocean Territory?

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 British Indian Ocean Territory 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 United States Dollar 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 British Indian Ocean Territory 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 USD remittances.


How to send money from Mali to British Indian Ocean Territory through a bank?

We do not recommend using your local bank in Mali for your next XOF to USD 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 British Indian Ocean Territory (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 USD to British Indian Ocean Territory. These companies will let you use your local bank account in Mali to pay for your British Indian Ocean Territory 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 British Indian Ocean Territory from Mali fast?

If you need to convert XOF to USD 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 British Indian Ocean Territory 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 United States Dollar 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 British Indian Ocean Territory.

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

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Mali to British Indian Ocean Territory, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best CFA Franc BCEAO to United States Dollar exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your USD money transfers to British Indian Ocean Territory. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in British Indian Ocean Territory getting more money for every CFA Franc BCEAO you send.


Step by step guide to send money from Mali to British Indian Ocean Territory

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 Mali to British Indian Ocean Territory, 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 Mali to British Indian Ocean Territory 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 British Indian Ocean Territory where they can receive monies in United States Dollar.
  • Then, provide details of your Mali 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 XOF travel to another part of the globe.