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Compare today's XOF to CUP (CFA Franc BCEAO to Cuban Peso) exchange rates

Senegal
Cuba
XOF

Interbank Exchange Rate: 1 XOF = 0.0465 CUP
Updated about an hour ago

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All you need to know about CFA Franc BCEAO to Cuban Peso money transfers

Easily compare money transfer providers in one place to send money from Senegal to Cuba. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Cuban Peso (CUP) 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 Senegal.

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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 CUP Conversion Rates

Here are some latest XOF to CUP (CFA Franc BCEAO to Cuban Peso) exchange rates for popular conversion amounts*.

1 XOF0.05 CUP
5 XOF0.23 CUP
10 XOF0.46 CUP
25 XOF1.16 CUP
50 XOF2.33 CUP
100 XOF4.65 CUP
150 XOF6.98 CUP
200 XOF9.30 CUP
250 XOF11.63 CUP
300 XOF13.95 CUP
400 XOF18.60 CUP
500 XOF23.25 CUP
600 XOF27.90 CUP
700 XOF32.55 CUP
800 XOF37.20 CUP
1,000 XOF46.50 CUP
1,500 XOF69.75 CUP
2,000 XOF93.00 CUP
2,500 XOF116.25 CUP
3,000 XOF139.50 CUP
4,000 XOF186.00 CUP
5,000 XOF232.50 CUP
10,000 XOF465.00 CUP
15,000 XOF697.50 CUP
20,000 XOF930.00 CUP
30,000 XOF1,395.00 CUP
40,000 XOF1,860.00 CUP
50,000 XOF2,325.00 CUP
100,000 XOF4,650.00 CUP

*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 to Cuba from Senegal?

Sending money internationally to Cuba from Senegal 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 CUP 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 Cuba. 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 Cuban Peso.


How to get the best rate to transfer money to Cuba from Senegal?

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 Cuba.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Senegal to Cuba 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 XOF to Cuban Peso 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 to transfer money from Senegal to Cuba?

The final amount your recipient gets when you send XOF to CUP 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 Senegal to Cuba 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 Cuban Peso 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 CFA Franc BCEAO to Cuba 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 Senegal to Cuba?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low XOF to CUP exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Senegal to Cuba money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Cuba from Senegal. They do this by letting you fund your transaction through your local bank account in Senegal, and by allowing you to choose the payout to be your recipient's bank account in Cuba. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Senegal to Cuba fast?

The speed of your CFA Franc BCEAO to Cuban Peso 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 CUP. 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 Cuba from Senegal 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 Cuba 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 CUP into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Senegal bank to Cuba bank transfer.


Which are the best money transfer companies to send money to Cuba from Senegal?

Comparing money transfer companies for sending money to Cuba from Senegal 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 Cuba. 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 Cuban Peso 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 Cuban Peso yield on every CFA Franc BCEAO that you send.


Step by step guide to send money to Cuba from Senegal

There are many important aspects of Senegal to Cuba 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 - Senegal 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 CUP 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 CFA Franc BCEAO amount you want to send from Senegal.
  • 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 Cuba to validate that they get the money once the transaction clears.