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Compare today's STD to XOF (Sao Tome and Principe Dobra to CFA Franc BCEAO) exchange rates

Sao Tome and Principe
Benin
STD

Interbank Exchange Rate: 1 STD = 0.0249 XOF
Updated about an hour ago

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All you need to know about Sao Tome and Principe Dobra to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Sao Tome and Principe to Benin. Send money overseas to your loved ones by comparing Sao Tome and Principe Dobra (STD) 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.

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 Sao Tome and Principe.

Were you looking to send money from Benin to Sao Tome and Principe instead?

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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 STD to XOF Conversion Rates

Here are some latest STD to XOF (Sao Tome and Principe Dobra to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 STD0.02 XOF
5 STD0.12 XOF
10 STD0.25 XOF
25 STD0.62 XOF
50 STD1.24 XOF
100 STD2.49 XOF
150 STD3.74 XOF
200 STD4.98 XOF
250 STD6.23 XOF
300 STD7.47 XOF
400 STD9.96 XOF
500 STD12.45 XOF
600 STD14.94 XOF
700 STD17.43 XOF
800 STD19.92 XOF
1,000 STD24.90 XOF
1,500 STD37.35 XOF
2,000 STD49.80 XOF
2,500 STD62.25 XOF
3,000 STD74.70 XOF
4,000 STD99.60 XOF
5,000 STD124.50 XOF
10,000 STD249.00 XOF
15,000 STD373.50 XOF
20,000 STD498.00 XOF
30,000 STD747.00 XOF
40,000 STD996.00 XOF
50,000 STD1,245.00 XOF
100,000 STD2,490.00 XOF

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


What's the best way to do Sao Tome and Principe to Benin money transfers?

With the global remittance market booming, there are so many choices for Sao Tome and Principe Dobra to XOF money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Benin from Sao Tome and Principe. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final XOF amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best rate to transfer money to Benin from Sao Tome and Principe?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Benin.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Sao Tome and Principe to Benin transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your STD to CFA Franc BCEAO money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way for transferring money to Benin from Sao Tome and Principe?

Finding the cheapest way to send money from Sao Tome and Principe to Benin 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 STD to XOF 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 Sao Tome and Principe to Benin 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 Sao Tome and Principe to Benin?

Big banks in Sao Tome and Principe are known to make a lot of money by charging high fees on Benin money transfers from Sao Tome and Principe. 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 STD to XOF 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 Benin. 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 Sao Tome and Principe to Benin. You work hard for your money, so you should also ensure you get the maximum yield when you send XOF overseas.


How to send money from Sao Tome and Principe to Benin fast?

The speed of your Sao Tome and Principe Dobra to CFA Franc BCEAO 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 STD to XOF. 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 Benin from Sao Tome and Principe 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 Benin 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 XOF into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Sao Tome and Principe bank to Benin bank transfer.


Which are the best money transfer companies to transfer money from Sao Tome and Principe to Benin?

The first step in selecting the best money transfer operators for Sao Tome and Principe to Benin remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Sao Tome and Principe Dobra to CFA Franc BCEAO money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Benin.


Step by step guide to send money from Sao Tome and Principe to Benin

Follow the below easy steps to send money to Benin from Sao Tome and Principe.

  • 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 Sao Tome and Principe bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Benin).
  • 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 STD to XOF 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.