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

Compare today's XOF to GEL (CFA Franc BCEAO to Georgian Lari) exchange rates

Mali
Georgia
XOF

Interbank Exchange Rate: 1 XOF = 0.0049 GEL
Updated about 1 hours ago

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All you need to know about CFA Franc BCEAO to Georgian Lari money transfers

Easily compare money transfer providers in one place to send money from Mali to Georgia. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Georgian Lari (GEL) 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.

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Latest XOF to GEL Conversion Rates

Here are some latest XOF to GEL (CFA Franc BCEAO to Georgian Lari) exchange rates for popular conversion amounts*.

1 XOF0.00 GEL
5 XOF0.02 GEL
10 XOF0.05 GEL
25 XOF0.12 GEL
50 XOF0.25 GEL
100 XOF0.49 GEL
150 XOF0.74 GEL
200 XOF0.98 GEL
250 XOF1.22 GEL
300 XOF1.47 GEL
400 XOF1.96 GEL
500 XOF2.45 GEL
600 XOF2.94 GEL
700 XOF3.43 GEL
800 XOF3.92 GEL
1,000 XOF4.90 GEL
1,500 XOF7.35 GEL
2,000 XOF9.80 GEL
2,500 XOF12.25 GEL
3,000 XOF14.70 GEL
4,000 XOF19.60 GEL
5,000 XOF24.50 GEL
10,000 XOF49.00 GEL
15,000 XOF73.50 GEL
20,000 XOF98.00 GEL
30,000 XOF147.00 GEL
40,000 XOF196.00 GEL
50,000 XOF245.00 GEL
100,000 XOF490.00 GEL

*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 Georgia money transfers?

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 Georgia. 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 GEL.

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 GEL in Georgia. 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 Georgia from Mali. We provide you with maximum choices to send money to Georgia by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Georgia from Mali?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Georgia from Mali. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your XOF to Georgian Lari money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Mali to Georgia corridor to give you more good choices for your next GEL money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to transfer money from Mali to Georgia?

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 Georgia 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 Georgian Lari 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 Georgia 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 GEL remittances.


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

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Mali to Georgia money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like XOF to GEL transfers.

Given this, there are umpteen additional options to send money to Georgia instead of just your Mali bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your CFA Franc BCEAO even more so that your recipient in Georgia gets the maximum amount.


How to send money from Mali to Georgia fast?

If you need to convert XOF to GEL 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 Georgia 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 Georgian Lari 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 Georgia.

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

Mali to Georgia money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Georgia as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best CFA Franc BCEAO to Georgian Lari money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


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

Follow the below easy steps to send money to Georgia from Mali.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Mali bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Georgia).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your XOF to GEL remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.