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

Compare today's XOF to SAR (CFA Franc BCEAO to Saudi Riyal) exchange rates

Mali
Saudi Arabia
XOF
Interbank Exchange Rate: 1 XOF = 0.0069 SAR
Updated about an hour ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 XOF =
6.80 SAR
Transfer Limit (XOF): No Limits
Indicative Rate1 XOF = 0.0068 SAR

📢 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 Saudi Riyal money transfers

Easily compare money transfer providers in one place to send money from Mali to Saudi Arabia. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Saudi Riyal (SAR) 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 Saudi Arabia.

The best rate to send Saudi Riyal from CFA Franc BCEAO to your loved ones in Saudi Arabia is currently offered by Verto; their 1 XOF to SAR exchange rate today is 0.0068.

Were you looking to send money from Saudi Arabia 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 SAR Conversion Rates

Here are some latest XOF to SAR (CFA Franc BCEAO to Saudi Riyal) exchange rates for popular conversion amounts*.

1 XOF0.01 SAR
5 XOF0.03 SAR
10 XOF0.07 SAR
25 XOF0.17 SAR
50 XOF0.35 SAR
100 XOF0.69 SAR
150 XOF1.04 SAR
200 XOF1.38 SAR
250 XOF1.72 SAR
300 XOF2.07 SAR
400 XOF2.76 SAR
500 XOF3.45 SAR
600 XOF4.14 SAR
700 XOF4.83 SAR
800 XOF5.52 SAR
1,000 XOF6.90 SAR
1,500 XOF10.35 SAR
2,000 XOF13.80 SAR
2,500 XOF17.25 SAR
3,000 XOF20.70 SAR
4,000 XOF27.60 SAR
5,000 XOF34.50 SAR
10,000 XOF69.00 SAR
15,000 XOF103.50 SAR
20,000 XOF138.00 SAR
30,000 XOF207.00 SAR
40,000 XOF276.00 SAR
50,000 XOF345.00 SAR
100,000 XOF690.00 SAR

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


What's the best way to transfer money from Mali to Saudi Arabia?

Sending money internationally to Saudi Arabia from Mali can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your CFA Franc BCEAO to SAR remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Saudi Arabia. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Saudi Riyal.


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

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 Saudi Riyal 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 Saudi Arabia. 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 SAR remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way for transferring money to Saudi Arabia from Mali?

Finding the cheapest way to send money from Mali to Saudi Arabia 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 SAR 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 Saudi Arabia 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.


Should I use my bank to transfer money from Mali to Saudi Arabia?

We do not recommend using your local bank in Mali for your next XOF to SAR overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Mali to Saudi Arabia (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending SAR to Saudi Arabia. These companies will let you use your local bank account in Mali to pay for your Saudi Arabia money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money to Saudi Arabia from Mali fast?

The speed of your CFA Franc BCEAO to Saudi Riyal 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 SAR. 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 Saudi Arabia 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 Saudi Arabia 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 SAR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Mali bank to Saudi Arabia bank transfer.


Which are the best money transfer companies to transfer money to Saudi Arabia from Mali?

Comparing money transfer companies for sending money to Saudi Arabia 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 Saudi Arabia. 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 Saudi Riyal 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 Saudi Riyal yield on every CFA Franc BCEAO that you send.


Step by step guide to send money to Saudi Arabia from Mali

The first step to send money to Saudi Arabia from Mali is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your XOF to SAR overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Saudi Arabia if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Mali bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Saudi Arabia!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Mali to Saudi Arabia.