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Compare today's SOS to XCD (Somali Shilling to East Caribbean Dollar) exchange rates

Somalia
Saint Lucia
SOS

Interbank Exchange Rate: 1 SOS = 0.0048 XCD
Updated about an hour ago

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All you need to know about Somali Shilling to East Caribbean Dollar money transfers

Easily compare money transfer providers in one place to send money from Somalia to Saint Lucia. Send money overseas to your loved ones by comparing Somali Shilling (SOS) to East Caribbean Dollar (XCD) 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 Somalia.

Were you looking to send money from Saint Lucia to Somalia 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 SOS to XCD Conversion Rates

Here are some latest SOS to XCD (Somali Shilling to East Caribbean Dollar) exchange rates for popular conversion amounts*.

1 SOS0.00 XCD
5 SOS0.02 XCD
10 SOS0.05 XCD
25 SOS0.12 XCD
50 SOS0.24 XCD
100 SOS0.48 XCD
150 SOS0.72 XCD
200 SOS0.96 XCD
250 SOS1.20 XCD
300 SOS1.44 XCD
400 SOS1.92 XCD
500 SOS2.40 XCD
600 SOS2.88 XCD
700 SOS3.36 XCD
800 SOS3.84 XCD
1,000 SOS4.80 XCD
1,500 SOS7.20 XCD
2,000 SOS9.60 XCD
2,500 SOS12.00 XCD
3,000 SOS14.40 XCD
4,000 SOS19.20 XCD
5,000 SOS24.00 XCD
10,000 SOS48.00 XCD
15,000 SOS72.00 XCD
20,000 SOS96.00 XCD
30,000 SOS144.00 XCD
40,000 SOS192.00 XCD
50,000 SOS240.00 XCD
100,000 SOS480.00 XCD

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


What's the best way to do Somalia to Saint Lucia money transfers?

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 Somalia to Saint Lucia. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Somali Shilling to XCD.

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 SOS to XCD in Saint Lucia. 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 Saint Lucia from Somalia. We provide you with maximum choices to send money to Saint Lucia by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for sending money from Somalia to Saint Lucia?

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 Somalia to Saint Lucia 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 SOS to East Caribbean Dollar 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 Somali Shilling to East Caribbean Dollar exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to transfer money from Somalia to Saint Lucia?

Finding the cheapest way to send money from Somalia to Saint Lucia 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 SOS to XCD 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 Somalia to Saint Lucia 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.


How to send money to Saint Lucia from Somalia through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Somalia to Saint Lucia. 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 SOS to XCD 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 Somalia bank for your Saint Lucia 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.


What is the fastest way to transfer money from Somalia to Saint Lucia?

It could be a stressful experience if you need to rush money quickly from Somalia to Saint Lucia. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert SOS to XCD. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in East Caribbean Dollar. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Somalia to Saint Lucia money transfers.


Which are the best money transfer companies to send money from Somalia to Saint Lucia?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Somalia to Saint Lucia, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Somali Shilling to East Caribbean Dollar exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your XCD money transfers to Saint Lucia. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Saint Lucia getting more money for every Somali Shilling you send.


Step by step guide to send money from Somalia to Saint Lucia

There are many important aspects of Somalia to Saint Lucia 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 - Somalia 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 XCD 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 Somali Shilling amount you want to send from Somalia.
  • 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 Saint Lucia to validate that they get the money once the transaction clears.