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

Compare today's XOF to CNY (CFA Franc BCEAO to Chinese Yuan) exchange rates

Senegal
China
XOF

Interbank Exchange Rate: 1 XOF = 0.0126 CNY
Updated about 1 hours ago

Found 1 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 XOF =
12.30 CNY
Transfer Limit (XOF): No Limits
Indicative Rate1 XOF = 0.0123 CNY

📢 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 Chinese Yuan money transfers

Easily compare money transfer providers in one place to send money from Senegal to China. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Chinese Yuan (CNY) 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 Senegal to China.

The best rate to send Chinese Yuan from CFA Franc BCEAO to your loved ones in China is currently offered by Verto; their 1 XOF to CNY exchange rate today is 0.0123.

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 Senegal.

Were you looking to send money from China to Senegal 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 XOF to CNY Conversion Rates

Here are some latest XOF to CNY (CFA Franc BCEAO to Chinese Yuan) exchange rates for popular conversion amounts*.

1 XOF0.01 CNY
5 XOF0.06 CNY
10 XOF0.13 CNY
25 XOF0.32 CNY
50 XOF0.63 CNY
100 XOF1.26 CNY
150 XOF1.89 CNY
200 XOF2.52 CNY
250 XOF3.15 CNY
300 XOF3.78 CNY
400 XOF5.04 CNY
500 XOF6.30 CNY
600 XOF7.56 CNY
700 XOF8.82 CNY
800 XOF10.08 CNY
1,000 XOF12.60 CNY
1,500 XOF18.90 CNY
2,000 XOF25.20 CNY
2,500 XOF31.50 CNY
3,000 XOF37.80 CNY
4,000 XOF50.40 CNY
5,000 XOF63.00 CNY
10,000 XOF126.00 CNY
15,000 XOF189.00 CNY
20,000 XOF252.00 CNY
30,000 XOF378.00 CNY
40,000 XOF504.00 CNY
50,000 XOF630.00 CNY
100,000 XOF1,260.00 CNY

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


What's the best way to send money from Senegal to China?

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 Senegal to China. 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 CNY.

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 CNY in China. 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 China from Senegal. We provide you with maximum choices to send money to China by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best remit rate for transferring money from Senegal to China?

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 Chinese Yuan 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 Senegal to China. 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 CNY remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to send money from Senegal to China?

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 Senegal to China 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 Chinese Yuan 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 Senegal to China 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 CNY remittances.


Should I use my bank to send money from Senegal to China?

Bank transfers have been a traditionally popular way to send money overseas from Senegal to China. 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 XOF to CNY 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 Senegal bank for your China 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.


How to send money to China from Senegal fast?

If you need to convert XOF to CNY 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 Senegal to China 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 Chinese Yuan 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 China.

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

Since the CFA Franc BCEAO to Chinese Yuan 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 Senegal that may also be able to send money to China. 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 XOF to CNY money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in China gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Senegal to China transaction.


Step by step guide to transfer money to China from Senegal

Follow the below easy steps to send money to China from Senegal.

  • 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 Senegal bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in China).
  • 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 CNY 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.