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

Compare today's XOF to ETB (CFA Franc BCEAO to Ethiopian Birr) exchange rates

Mali
Ethiopia
XOF

Interbank Exchange Rate: 1 XOF = 0.2788 ETB
Updated about an hour ago

Found 1 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 XOF =
272.90 ETB
Transfer Limit (XOF): No Limits
Indicative Rate1 XOF = 0.2729 ETB

📢 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 Ethiopian Birr money transfers

Easily compare money transfer providers in one place to send money from Mali to Ethiopia. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Ethiopian Birr (ETB) 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 Ethiopia from Mali, we currently have 1 remittance service providers available.

Verto currently offers the most competitive rate for sending money to Ethiopia and their 1 XOF to ETB exchange rate today is 0.2729.

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 Ethiopia 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 ETB Conversion Rates

Here are some latest XOF to ETB (CFA Franc BCEAO to Ethiopian Birr) exchange rates for popular conversion amounts*.

1 XOF0.28 ETB
5 XOF1.39 ETB
10 XOF2.79 ETB
25 XOF6.97 ETB
50 XOF13.94 ETB
100 XOF27.88 ETB
150 XOF41.82 ETB
200 XOF55.76 ETB
250 XOF69.70 ETB
300 XOF83.64 ETB
400 XOF111.52 ETB
500 XOF139.40 ETB
600 XOF167.28 ETB
700 XOF195.16 ETB
800 XOF223.04 ETB
1,000 XOF278.80 ETB
1,500 XOF418.20 ETB
2,000 XOF557.60 ETB
2,500 XOF697.00 ETB
3,000 XOF836.40 ETB
4,000 XOF1,115.20 ETB
5,000 XOF1,394.00 ETB
10,000 XOF2,788.00 ETB
15,000 XOF4,182.00 ETB
20,000 XOF5,576.00 ETB
30,000 XOF8,364.00 ETB
40,000 XOF11,152.00 ETB
50,000 XOF13,940.00 ETB
100,000 XOF27,880.00 ETB

*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 Ethiopia money transfers?

There are many good choices when it comes to sending money from Mali to Ethiopia. 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 ETB money transfers.

We compare different remittance companies to bring you the best options to send money to Ethiopia 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 Ethiopian Birr 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 Ethiopia?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Mali to Ethiopia transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your XOF to Ethiopian Birr international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest CFA Franc BCEAO to Ethiopian Birr exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


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

When you want to send money to Ethiopia from Mali, you obviously want the cheapest possible option to maximize the money your recipient gets in Ethiopian Birr. 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 ETB 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 Ethiopia. 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 Ethiopia 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 Ethiopian Birr overseas.


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

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


How to send money to Ethiopia from Mali fast?

The first thing to do when you need to convert XOF to ETB 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 Ethiopian Birr. 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 Ethiopia 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 Ethiopia.


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

Comparing money transfer companies for sending money to Ethiopia from Mali can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Ethiopia. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your CFA Franc BCEAO to Ethiopian Birr transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Ethiopian Birr yield on every CFA Franc BCEAO that you send.


Step by step guide to send money from Mali to Ethiopia

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