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Compare today's XOF to CAD (CFA Franc BCEAO to Canadian Dollar) exchange rates

Mali
Canada
XOF
Interbank Exchange Rate: 1 XOF = 0.0025 CAD
Updated about an hour ago

Found 1 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 XOF =
2.40 CAD
Transfer Limit (XOF): No Limits
Indicative Rate1 XOF = 0.0024 CAD

📢 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 Canadian Dollar money transfers

Easily compare money transfer providers in one place to send money from Mali to Canada. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Canadian Dollar (CAD) 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 Canada.

The best rate to send Canadian Dollar from CFA Franc BCEAO to your loved ones in Canada is currently offered by Verto; their 1 XOF to CAD exchange rate today is 0.0024.

Were you looking to send money from Canada to Mali instead?

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.

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.


Latest XOF to CAD Conversion Rates

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

1 XOF0.00 CAD
5 XOF0.01 CAD
10 XOF0.03 CAD
25 XOF0.06 CAD
50 XOF0.13 CAD
100 XOF0.25 CAD
150 XOF0.38 CAD
200 XOF0.50 CAD
250 XOF0.63 CAD
300 XOF0.75 CAD
400 XOF1.00 CAD
500 XOF1.25 CAD
600 XOF1.50 CAD
700 XOF1.75 CAD
800 XOF2.00 CAD
1,000 XOF2.50 CAD
1,500 XOF3.75 CAD
2,000 XOF5.00 CAD
2,500 XOF6.25 CAD
3,000 XOF7.50 CAD
4,000 XOF10.00 CAD
5,000 XOF12.50 CAD
10,000 XOF25.00 CAD
15,000 XOF37.50 CAD
20,000 XOF50.00 CAD
30,000 XOF75.00 CAD
40,000 XOF100.00 CAD
50,000 XOF125.00 CAD
100,000 XOF250.00 CAD

*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 from Mali to Canada?

With the global remittance market booming, there are so many choices for CFA Franc BCEAO to CAD money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Canada from Mali. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final CAD amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best exchange rate for your money transfers from Mali to Canada?

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 Canada.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Mali to Canada 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 Canadian 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 Canada?

One of the most important things to watch out for is hidden fees when sending money to Canada from Mali. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Canada using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Canadian Dollar foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best XOF to Canada exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Canada from Mali.


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

Big banks in Mali are known to make a lot of money by charging high fees on Canada money transfers from Mali. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a XOF to CAD exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Canada. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Mali to Canada. You work hard for your money, so you should also ensure you get the maximum yield when you send CAD overseas.


How to send money from Mali to Canada fast?

The speed of your CFA Franc BCEAO to Canadian Dollar 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 CAD. 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 Canada 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 Canada 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 CAD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Mali bank to Canada bank transfer.


Which are the best money transfer companies to send money to Canada from Mali?

The first step in selecting the best money transfer operators for Mali to Canada 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 Canadian Dollar 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 Canada.


Step by step guide to do a money transfer from Mali to Canada

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 Canada, 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 Canada 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 Canada where they can receive monies in Canadian 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.