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

Compare today's XOF to ILS (CFA Franc BCEAO to Israeli New Sheqel) exchange rates

Senegal
Israel
XOF
Interbank Exchange Rate: 1 XOF = 0.0056 ILS
Updated about an hour ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 XOF =
5.50 ILS
Transfer Limit (XOF): No Limits
Indicative Rate1 XOF = 0.0055 ILS

📢 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 Israeli New Sheqel money transfers

Easily compare money transfer providers in one place to send money from Senegal to Israel. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Israeli New Sheqel (ILS) 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 Israel.

The best rate to send Israeli New Sheqel from CFA Franc BCEAO to your loved ones in Israel is currently offered by Verto; their 1 XOF to ILS exchange rate today is 0.0055.

Were you looking to send money from Israel to Senegal 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 XOF to ILS Conversion Rates

Here are some latest XOF to ILS (CFA Franc BCEAO to Israeli New Sheqel) exchange rates for popular conversion amounts*.

1 XOF0.01 ILS
5 XOF0.03 ILS
10 XOF0.06 ILS
25 XOF0.14 ILS
50 XOF0.28 ILS
100 XOF0.56 ILS
150 XOF0.84 ILS
200 XOF1.12 ILS
250 XOF1.40 ILS
300 XOF1.68 ILS
400 XOF2.24 ILS
500 XOF2.80 ILS
600 XOF3.36 ILS
700 XOF3.92 ILS
800 XOF4.48 ILS
1,000 XOF5.60 ILS
1,500 XOF8.40 ILS
2,000 XOF11.20 ILS
2,500 XOF14.00 ILS
3,000 XOF16.80 ILS
4,000 XOF22.40 ILS
5,000 XOF28.00 ILS
10,000 XOF56.00 ILS
15,000 XOF84.00 ILS
20,000 XOF112.00 ILS
30,000 XOF168.00 ILS
40,000 XOF224.00 ILS
50,000 XOF280.00 ILS
100,000 XOF560.00 ILS

*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 Senegal to Israel?

Sending money internationally to Israel 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 ILS 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 Israel. 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 Israeli New Sheqel.


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

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Senegal to Israel transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your XOF to Israeli New Sheqel international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest CFA Franc BCEAO to Israeli New Sheqel exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way for transferring money to Israel from Senegal?

The final amount your recipient gets when you send XOF to ILS 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 Israel 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 Israeli New Sheqel 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 Israel 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 transfer money from Senegal to Israel?

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


What is the fastest way to transfer money from Senegal to Israel?

The speed of your CFA Franc BCEAO to Israeli New Sheqel 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 ILS. 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 Israel 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 Israel 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 ILS into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Senegal bank to Israel bank transfer.


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

Since the CFA Franc BCEAO to Israeli New Sheqel 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 Israel. 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 ILS money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Israel 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 Israel transaction.


Step by step guide to send money from Senegal to Israel

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 Senegal to Israel, 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 Senegal to Israel 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 Israel where they can receive monies in Israeli New Sheqel.
  • Then, provide details of your Senegal 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 XOF travel to another part of the globe.