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

Compare today's SCR to XOF (Seychellois Rupee to CFA Franc BCEAO) exchange rates

Seychelles
Mali
SCR

Interbank Exchange Rate: 1 SCR = 40.6508 XOF
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Seychellois Rupee to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Seychelles to Mali. Send money overseas to your loved ones by comparing Seychellois Rupee (SCR) 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 Seychelles.

Were you looking to send money from Mali to Seychelles 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 SCR to XOF Conversion Rates

Here are some latest SCR to XOF (Seychellois Rupee to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 SCR40.65 XOF
5 SCR203.25 XOF
10 SCR406.51 XOF
25 SCR1,016.27 XOF
50 SCR2,032.54 XOF
100 SCR4,065.08 XOF
150 SCR6,097.62 XOF
200 SCR8,130.16 XOF
250 SCR10,162.70 XOF
300 SCR12,195.24 XOF
400 SCR16,260.32 XOF
500 SCR20,325.40 XOF
600 SCR24,390.48 XOF
700 SCR28,455.56 XOF
800 SCR32,520.64 XOF
1,000 SCR40,650.80 XOF
1,500 SCR60,976.20 XOF
2,000 SCR81,301.60 XOF
2,500 SCR101,627.00 XOF
3,000 SCR121,952.40 XOF
4,000 SCR162,603.20 XOF
5,000 SCR203,254.00 XOF
10,000 SCR406,508.00 XOF
15,000 SCR609,762.00 XOF
20,000 SCR813,016.00 XOF
30,000 SCR1,219,524.00 XOF
40,000 SCR1,626,032.00 XOF
50,000 SCR2,032,540.00 XOF
100,000 SCR4,065,080.00 XOF

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


What's the best way to send money to Mali from Seychelles?

Sending money internationally to Mali from Seychelles 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 Seychellois Rupee to XOF 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 Mali. 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 CFA Franc BCEAO.


How to get the best remit rate for transferring money from Seychelles to Mali?

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 SCR to CFA Franc BCEAO 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 Seychelles to Mali. 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 SCR to XOF 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 to Mali from Seychelles?

The final amount your recipient gets when you send SCR to XOF 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 Seychelles to Mali 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 CFA Franc BCEAO 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 Seychellois Rupee to Mali 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 Seychelles to Mali?

Bank transfers have been a traditionally popular way to send money overseas from Seychelles to Mali. 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 SCR to XOF 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 Seychelles bank for your Mali 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 from Seychelles to Mali fast?

If you need to convert SCR to XOF 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 Seychelles to Mali 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 Seychellois Rupee to CFA Franc BCEAO 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 Mali.

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

The first step in selecting the best money transfer operators for Seychelles to Mali 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 Seychellois Rupee 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 Mali.


Step by step guide to send money to Mali from Seychelles

The first step to send money to Mali from Seychelles is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your SCR to XOF overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Mali if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Seychelles bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Mali!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Seychelles to Mali.