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

Compare today's KRW to XOF (South Korean Won to CFA Franc BCEAO) exchange rates

South Korea
Benin
KRW

Interbank Exchange Rate: 1 KRW = 0.3821 XOF
Updated about an hour ago

Found 2 Remittance Service Providers

airwallex
Read more about Airwallex
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 KRW =
377.80 XOF
Transfer Limit (KRW): No Limits
Indicative Rate1 KRW = 0.3778 XOF

📢 B2B transfers only
GMEREMITTANCE
Read more about GME Remittance
( )★★ ( )★★ ( )★★ ( )★★ ( )★★
1000 KRW =
372.10 XOF
Transfer Limit (KRW): 0 - 6000000
Locked-In Rate1 KRW = 0.3721 XOF
Refer a friend to earn KRW 5,000
Get first transfer for free

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 South Korean Won to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from South Korea to Benin. Send money overseas to your loved ones by comparing South Korean Won (KRW) 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.

RemitFinder compared 2 money transfer operators to get you the best FX rates to send money from South Korea to Benin.

The best rate to send CFA Franc BCEAO from South Korean Won to your loved ones in Benin is currently offered by Airwallex; their 1 KRW to XOF exchange rate today is 0.3778.

GME Remittance offers the next most competitive South Korean Won to CFA Franc BCEAO exchange rate today (currently 1 KRW = 0.3721 XOF).

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 South Korea.

Were you looking to send money from Benin to South Korea 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 KRW to XOF Conversion Rates

Here are some latest KRW to XOF (South Korean Won to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 KRW0.38 XOF
5 KRW1.91 XOF
10 KRW3.82 XOF
25 KRW9.55 XOF
50 KRW19.11 XOF
100 KRW38.21 XOF
150 KRW57.32 XOF
200 KRW76.42 XOF
250 KRW95.53 XOF
300 KRW114.63 XOF
400 KRW152.84 XOF
500 KRW191.05 XOF
600 KRW229.26 XOF
700 KRW267.47 XOF
800 KRW305.68 XOF
1,000 KRW382.10 XOF
1,500 KRW573.15 XOF
2,000 KRW764.20 XOF
2,500 KRW955.25 XOF
3,000 KRW1,146.30 XOF
4,000 KRW1,528.40 XOF
5,000 KRW1,910.50 XOF
10,000 KRW3,821.00 XOF
15,000 KRW5,731.50 XOF
20,000 KRW7,642.00 XOF
30,000 KRW11,463.00 XOF
40,000 KRW15,284.00 XOF
50,000 KRW19,105.00 XOF
100,000 KRW38,210.00 XOF

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


What's the best way to transfer money from South Korea to Benin?

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 South Korea to Benin. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer South Korean Won to XOF.

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 KRW to XOF in Benin. 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 Benin from South Korea. We provide you with maximum choices to send money to Benin 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 South Korea to Benin?

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 Benin.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your South Korea to Benin 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 KRW to CFA Franc BCEAO 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 for transferring money to Benin from South Korea?

Finding the cheapest way to send money from South Korea to Benin 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 KRW to XOF 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 South Korea to Benin 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.


Should I use my bank to send money from South Korea to Benin?

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 KRW to XOF 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 South Korea to Benin 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 Benin from South Korea. They do this by letting you fund your transaction through your local bank account in South Korea, and by allowing you to choose the payout to be your recipient's bank account in Benin. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from South Korea to Benin fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from South Korea to Benin. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert KRW to XOF fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your South Korean Won amount reaching Benin. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush CFA Franc BCEAO quickly to Benin, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to transfer money to Benin from South Korea?

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


Step by step guide to send money from South Korea to Benin

The first step to send money to Benin from South Korea 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 KRW 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 Benin if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your South Korea bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Benin!

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 South Korea to Benin.