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Compare today's XOF to BIF (CFA Franc BCEAO to Burundian Franc) exchange rates

Mali
Burundi
XOF

Interbank Exchange Rate: 1 XOF = 5.3082 BIF
Updated about an hour ago

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All you need to know about CFA Franc BCEAO to Burundian Franc money transfers

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

Here are some latest XOF to BIF (CFA Franc BCEAO to Burundian Franc) exchange rates for popular conversion amounts*.

1 XOF5.31 BIF
5 XOF26.54 BIF
10 XOF53.08 BIF
25 XOF132.71 BIF
50 XOF265.41 BIF
100 XOF530.82 BIF
150 XOF796.23 BIF
200 XOF1,061.64 BIF
250 XOF1,327.05 BIF
300 XOF1,592.46 BIF
400 XOF2,123.28 BIF
500 XOF2,654.10 BIF
600 XOF3,184.92 BIF
700 XOF3,715.74 BIF
800 XOF4,246.56 BIF
1,000 XOF5,308.20 BIF
1,500 XOF7,962.30 BIF
2,000 XOF10,616.40 BIF
2,500 XOF13,270.50 BIF
3,000 XOF15,924.60 BIF
4,000 XOF21,232.80 BIF
5,000 XOF26,541.00 BIF
10,000 XOF53,082.00 BIF
15,000 XOF79,623.00 BIF
20,000 XOF106,164.00 BIF
30,000 XOF159,246.00 BIF
40,000 XOF212,328.00 BIF
50,000 XOF265,410.00 BIF
100,000 XOF530,820.00 BIF

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


What's the best way to send money to Burundi from Mali?

There are many good choices when it comes to sending money from Mali to Burundi. 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 CFA Franc BCEAO to BIF money transfers.

We compare different remittance companies to bring you the best options to send money to Burundi from Mali. 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 CFA Franc BCEAO to Burundian Franc money transfers. You can take advantage of these deals and make the most of your hard earned money.


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

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 Burundian Franc 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 Burundi. 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 BIF remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


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

When you want to send money to Burundi from Mali, you obviously want the cheapest possible option to maximize the money your recipient gets in Burundian Franc. 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 BIF 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 Burundi. 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 Burundi 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 Burundian Franc overseas.


Should I use my bank to send money from Mali to Burundi?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low XOF to BIF exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Mali to Burundi money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Burundi from Mali. They do this by letting you fund your transaction through your local bank account in Mali, and by allowing you to choose the payout to be your recipient's bank account in Burundi. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Mali to Burundi fast?

The speed of your CFA Franc BCEAO to Burundian Franc funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert XOF to BIF. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Burundi from Mali is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Burundi if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout BIF into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Mali bank to Burundi bank transfer.


Which are the best money transfer companies to transfer money from Mali to Burundi?

The first step in selecting the best money transfer operators for Mali to Burundi remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for CFA Franc BCEAO to Burundian Franc money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Burundi.


Step by step guide to transfer money to Burundi from Mali

There are many important aspects of Mali to Burundi 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 BIF 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 Burundi to validate that they get the money once the transaction clears.