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

Compare today's NOK to XOF (Norwegian Krone to CFA Franc BCEAO) exchange rates

Norway
Benin
NOK
Interbank Exchange Rate: 1 NOK = 55.7906 XOF
Updated about an hour ago

Found 10 Remittance Service Providers

(*)(*)( )( )( )
1000 NOK =
55 980.40 XOF
Transfer Limit (NOK): 110 - 51422.6369
Indicative Rate1 NOK = 55.9804 XOF
( )( )( )( )( )
1000 NOK =
55 980.40 XOF
Transfer Limit (NOK): 110 - 51422.6369
Indicative Rate1 NOK = 55.9804 XOF
( )( )( )( )( )
1000 NOK =
55 570.70 XOF
Transfer Limit (NOK): No Limits
Locked-In Rate1 NOK = 55.5707 XOF
(*)(*)(*)(*)(*)
1000 NOK =
55 364.60 XOF
Transfer Limit (NOK): No Limits
Indicative Rate1 NOK = 55.3646 XOF

📢 B2B transfers only
(*)(*)(*)(*)(*)
1000 NOK =
54 905.30 XOF
Transfer Limit (NOK): No Limits
Indicative Rate1 NOK = 54.9053 XOF

📢 B2B transfers only
(*)(*)(*)(*)( )
1000 NOK =
54 085.20 XOF
Transfer Limit (NOK): No Limits
Locked-In Rate1 NOK = 54.0852 XOF
(*)(*)(*)(*)( )
1000 NOK =
53 740.00 XOF
Transfer Limit (NOK): 0 - 20000
Locked-In Rate1 NOK = 53.7400 XOF

📢 Special exchange rate applied for first transfer
(*)(*)(*)(*)(*)
1000 NOK =
53 512.40 XOF
Transfer Limit (NOK): 1 - 100000
Locked-In Rate1 NOK = 53.5124 XOF
(*)(*)(*)(*)(*)
1000 NOK =
53 495.00 XOF
Transfer Limit (NOK): 1 - 1000000
Locked-In Rate1 NOK = 53.4950 XOF
(*)(*)(*)(*)(*)
1000 NOK =
50 777.00 XOF
Transfer Limit (NOK): No Limits
Locked-In Rate1 NOK = 50.7770 XOF
1 Remit Service Providers did not match the search criteria.
(*)(*)(*)(*)(*)
1000 NOK =
55 643.10 XOF
Transfer Limit (NOK): 67394.5 - No Limit
Indicative Rate1 NOK = 55.6431 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 Norwegian Krone to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Norway to Benin. Send money overseas to your loved ones by comparing Norwegian Krone (NOK) 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 10 money transfer operators to get you the best FX rates to send money from Norway to Benin.

The best rate to send CFA Franc BCEAO from Norwegian Krone to your loved ones in Benin is currently offered by Dahabshiil; their 1 NOK to XOF exchange rate today is 55.9804.

TalkRemit offers the next most competitive Norwegian Krone to CFA Franc BCEAO exchange rate today (currently 1 NOK = 55.9804 XOF).

Two other competitive providers for sending money from Norway to Benin are Currencyflow and Verto.

Were you looking to send money from Benin to Norway 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 NOK to XOF Conversion Rates

Here are some latest NOK to XOF (Norwegian Krone to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 NOK55.79 XOF
5 NOK278.95 XOF
10 NOK557.91 XOF
25 NOK1,394.76 XOF
50 NOK2,789.53 XOF
100 NOK5,579.06 XOF
150 NOK8,368.59 XOF
200 NOK11,158.12 XOF
250 NOK13,947.65 XOF
300 NOK16,737.18 XOF
400 NOK22,316.24 XOF
500 NOK27,895.30 XOF
600 NOK33,474.36 XOF
700 NOK39,053.42 XOF
800 NOK44,632.48 XOF
1,000 NOK55,790.60 XOF
1,500 NOK83,685.90 XOF
2,000 NOK111,581.20 XOF
2,500 NOK139,476.50 XOF
3,000 NOK167,371.80 XOF
4,000 NOK223,162.40 XOF
5,000 NOK278,953.00 XOF
10,000 NOK557,906.00 XOF
15,000 NOK836,859.00 XOF
20,000 NOK1,115,812.00 XOF
30,000 NOK1,673,718.00 XOF
40,000 NOK2,231,624.00 XOF
50,000 NOK2,789,530.00 XOF
100,000 NOK5,579,060.00 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 Norway to Benin?

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 Norway to Benin. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Norwegian Krone to XOF.

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 NOK to XOF in Benin. 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 Benin from Norway. We provide you with maximum choices to send money to Benin by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for your money transfers from Norway to Benin?

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 Benin from Norway.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your NOK 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 NOK 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 to Benin from Norway?

One of the most important things to watch out for is hidden fees when sending money to Benin from Norway. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Benin using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your CFA Franc BCEAO foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best NOK to Benin exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Benin from Norway.


Should I use my bank to send money from Norway to Benin?

We do not recommend using your local bank in Norway for your next NOK to XOF 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 Norway to Benin (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 XOF to Benin. These companies will let you use your local bank account in Norway to pay for your Benin 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 Benin from Norway fast?

It could be a stressful experience if you need to rush money quickly from Norway to Benin. 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 NOK 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 Norway to Benin money transfers.


Which are the best money transfer companies to transfer money from Norway to Benin?

Comparing money transfer companies for sending money to Benin from Norway 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 Benin. 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 Norwegian Krone to CFA Franc BCEAO 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 CFA Franc BCEAO yield on every Norwegian Krone that you send.


Step by step guide to do a money transfer from Norway to Benin

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 Norway to Benin, 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 Norway to Benin 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 Benin where they can receive monies in CFA Franc BCEAO.
  • Then, provide details of your Norway 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 NOK travel to another part of the globe.