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

Compare today's SRD to XOF (Surinamese Dollar to CFA Franc BCEAO) exchange rates

Suriname
Benin
SRD

Interbank Exchange Rate: 1 SRD = 14.5739 XOF
Updated about an hour ago

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All you need to know about Surinamese Dollar to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Suriname to Benin. Send money overseas to your loved ones by comparing Surinamese Dollar (SRD) 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 Suriname.

Were you looking to send money from Benin to Suriname 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 SRD to XOF Conversion Rates

Here are some latest SRD to XOF (Surinamese Dollar to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 SRD14.57 XOF
5 SRD72.87 XOF
10 SRD145.74 XOF
25 SRD364.35 XOF
50 SRD728.70 XOF
100 SRD1,457.39 XOF
150 SRD2,186.09 XOF
200 SRD2,914.78 XOF
250 SRD3,643.48 XOF
300 SRD4,372.17 XOF
400 SRD5,829.56 XOF
500 SRD7,286.95 XOF
600 SRD8,744.34 XOF
700 SRD10,201.73 XOF
800 SRD11,659.12 XOF
1,000 SRD14,573.90 XOF
1,500 SRD21,860.85 XOF
2,000 SRD29,147.80 XOF
2,500 SRD36,434.75 XOF
3,000 SRD43,721.70 XOF
4,000 SRD58,295.60 XOF
5,000 SRD72,869.50 XOF
10,000 SRD145,739.00 XOF
15,000 SRD218,608.50 XOF
20,000 SRD291,478.00 XOF
30,000 SRD437,217.00 XOF
40,000 SRD582,956.00 XOF
50,000 SRD728,695.00 XOF
100,000 SRD1,457,390.00 XOF

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


What's the best way to do Suriname to Benin money transfers?

There are many good choices when it comes to sending money from Suriname to Benin. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Surinamese Dollar to XOF money transfers.

We compare different remittance companies to bring you the best options to send money to Benin from Suriname. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Surinamese Dollar to CFA Franc BCEAO money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best exchange rate for your money transfers from Suriname to Benin?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Benin from Suriname. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your SRD to CFA Franc BCEAO money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Suriname to Benin corridor to give you more good choices for your next XOF money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way for transferring money to Benin from Suriname?

The final amount your recipient gets when you send SRD 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 Suriname to Benin 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 Surinamese Dollar to Benin 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.


How to send money from Suriname to Benin through a bank?

We do not recommend using your local bank in Suriname for your next SRD to XOF overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Suriname to Benin (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending XOF to Benin. These companies will let you use your local bank account in Suriname to pay for your Benin money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money to Benin from Suriname fast?

It could be a stressful experience if you need to rush money quickly from Suriname to Benin. 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 SRD to XOF. 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 CFA Franc BCEAO. 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 Suriname to Benin money transfers.


Which are the best money transfer companies to send money to Benin from Suriname?

Since the Surinamese Dollar 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 Suriname 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 SRD 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 Suriname to Benin transaction.


Step by step guide to transfer money to Benin from Suriname

Follow the below easy steps to send money to Benin from Suriname.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Suriname bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Benin).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your SRD to XOF remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.