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

Compare today's EUR to XOF (Euro to CFA Franc BCEAO) exchange rates

Montenegro
Equatorial Guinea
EUR

Interbank Exchange Rate: 1 EUR = 655.9570 XOF
Updated about 1 hours ago

Found 4 Remittance Service Providers

(*)(*)(*)( )( )
1000 EUR =
657 915.40 XOF
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 657.9154 XOF

📢 New! Cash pickup available
(*)(*)(*)(*)(*)
1000 EUR =
654 645.00 XOF
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 654.6450 XOF

📢 B2B transfers only
( )( )( )( )( )
1000 EUR =
654 448.20 XOF
Transfer Limit (EUR): No Limits
Locked-In Rate1 EUR = 654.4482 XOF
(*)(*)(*)(*)( )
1000 EUR =
636 949.00 XOF
Transfer Limit (EUR): No Limits
Locked-In Rate1 EUR = 636.9490 XOF
1 Remit Service Providers did not match the search criteria.
(*)(*)(*)(*)(*)
1000 EUR =
655 300.90 XOF
Transfer Limit (EUR): 5781.5 - No Limit
Indicative Rate1 EUR = 655.3009 XOF

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 Euro to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Montenegro to Equatorial Guinea. Send money overseas to your loved ones by comparing Euro (EUR) to CFA Franc BCEAO (XOF) 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 4 money transfer operators to get you the best FX rates to send money from Montenegro to Equatorial Guinea.

The best rate to send CFA Franc BCEAO from Euro to your loved ones in Equatorial Guinea is currently offered by XE Money Transfer; their 1 EUR to XOF exchange rate today is 657.9154.

Verto offers the next most competitive Euro to CFA Franc BCEAO exchange rate today (currently 1 EUR = 654.6450 XOF).

Two other competitive providers for sending money from Montenegro to Equatorial Guinea are Currencyflow and OFX.

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 Montenegro.

Were you looking to send money from Equatorial Guinea to Montenegro 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 EUR to XOF Conversion Rates

Here are some latest EUR to XOF (Euro to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 EUR655.96 XOF
5 EUR3,279.79 XOF
10 EUR6,559.57 XOF
25 EUR16,398.93 XOF
50 EUR32,797.85 XOF
100 EUR65,595.70 XOF
150 EUR98,393.55 XOF
200 EUR131,191.40 XOF
250 EUR163,989.25 XOF
300 EUR196,787.10 XOF
400 EUR262,382.80 XOF
500 EUR327,978.50 XOF
600 EUR393,574.20 XOF
700 EUR459,169.90 XOF
800 EUR524,765.60 XOF
1,000 EUR655,957.00 XOF
1,500 EUR983,935.50 XOF
2,000 EUR1,311,914.00 XOF
2,500 EUR1,639,892.50 XOF
3,000 EUR1,967,871.00 XOF
4,000 EUR2,623,828.00 XOF
5,000 EUR3,279,785.00 XOF
10,000 EUR6,559,570.00 XOF
15,000 EUR9,839,355.00 XOF
20,000 EUR13,119,140.00 XOF
30,000 EUR19,678,710.00 XOF
40,000 EUR26,238,280.00 XOF
50,000 EUR32,797,850.00 XOF
100,000 EUR65,595,700.00 XOF

*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 Montenegro to Equatorial Guinea?

Sending money internationally to Equatorial Guinea from Montenegro 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 Euro to XOF 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 Equatorial Guinea. 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 CFA Franc BCEAO.


How to get the best remit rate for transferring money from Montenegro to Equatorial Guinea?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Equatorial Guinea from Montenegro.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your EUR to CFA Franc BCEAO remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for EUR to XOF remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to send money from Montenegro to Equatorial Guinea?

The final amount your recipient gets when you send EUR to XOF is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Montenegro to Equatorial Guinea used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send CFA Franc BCEAO is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Euro to Equatorial Guinea exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


Should I use my bank to send money from Montenegro to Equatorial Guinea?

Bank transfers have been a traditionally popular way to send money overseas from Montenegro to Equatorial Guinea. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the EUR to XOF exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Montenegro bank for your Equatorial Guinea money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


What is the fastest way to do a money transfer to Equatorial Guinea from Montenegro?

It could be a stressful experience if you need to rush money quickly from Montenegro to Equatorial Guinea. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert EUR to XOF. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in CFA Franc BCEAO. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Montenegro to Equatorial Guinea money transfers.


Which are the best money transfer companies to send money to Equatorial Guinea from Montenegro?

Since the Euro to CFA Franc BCEAO money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Montenegro that may also be able to send money to Equatorial Guinea. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your EUR to XOF money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Equatorial Guinea gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Montenegro to Equatorial Guinea transaction.


Step by step guide to transfer money to Equatorial Guinea from Montenegro

There are many important aspects of Montenegro to Equatorial Guinea 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 - Montenegro 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 XOF 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 Euro amount you want to send from Montenegro.
  • 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 Equatorial Guinea to validate that they get the money once the transaction clears.