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

Compare today's XOF to ERN (CFA Franc BCEAO to Eritrean Nakfa) exchange rates

Mali
Eritrea
XOF

Interbank Exchange Rate: 1 XOF = 0.0270 ERN
Updated about 1 hours ago

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All you need to know about CFA Franc BCEAO to Eritrean Nakfa money transfers

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

Here are some latest XOF to ERN (CFA Franc BCEAO to Eritrean Nakfa) exchange rates for popular conversion amounts*.

1 XOF0.03 ERN
5 XOF0.14 ERN
10 XOF0.27 ERN
25 XOF0.68 ERN
50 XOF1.35 ERN
100 XOF2.70 ERN
150 XOF4.05 ERN
200 XOF5.40 ERN
250 XOF6.75 ERN
300 XOF8.10 ERN
400 XOF10.80 ERN
500 XOF13.50 ERN
600 XOF16.20 ERN
700 XOF18.90 ERN
800 XOF21.60 ERN
1,000 XOF27.00 ERN
1,500 XOF40.50 ERN
2,000 XOF54.00 ERN
2,500 XOF67.50 ERN
3,000 XOF81.00 ERN
4,000 XOF108.00 ERN
5,000 XOF135.00 ERN
10,000 XOF270.00 ERN
15,000 XOF405.00 ERN
20,000 XOF540.00 ERN
30,000 XOF810.00 ERN
40,000 XOF1,080.00 ERN
50,000 XOF1,350.00 ERN
100,000 XOF2,700.00 ERN

*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 Eritrea money transfers?

There are many good choices when it comes to sending money from Mali to Eritrea. 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 ERN money transfers.

We compare different remittance companies to bring you the best options to send money to Eritrea 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 Eritrean Nakfa money transfers. You can take advantage of these deals and make the most of your hard earned money.


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

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 Eritrea.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Mali to Eritrea 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 Eritrean Nakfa 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 transfer money from Mali to Eritrea?

Finding the cheapest way to send money from Mali to Eritrea might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer XOF to ERN via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Mali to Eritrea exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


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

Big banks in Mali are known to make a lot of money by charging high fees on Eritrea 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 ERN 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 Eritrea. 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 Eritrea. You work hard for your money, so you should also ensure you get the maximum yield when you send ERN overseas.


How to send money to Eritrea from Mali fast?

The first thing to do when you need to convert XOF to ERN quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between CFA Franc BCEAO and Eritrean Nakfa. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Mali to Eritrea remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Eritrea.


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

The first step in selecting the best money transfer operators for Mali to Eritrea 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 Eritrean Nakfa 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 Eritrea.


Step by step guide to send money to Eritrea from Mali

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 Eritrea, 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 Eritrea 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 Eritrea where they can receive monies in Eritrean Nakfa.
  • 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.