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Compare today's TMT to XOF (Turkmenistan Manat to CFA Franc BCEAO) exchange rates

Turkmenistan
Mali
TMT

Interbank Exchange Rate: 1 TMT = 158.7926 XOF
Updated about 1 hours ago

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All you need to know about Turkmenistan Manat to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Turkmenistan to Mali. Send money overseas to your loved ones by comparing Turkmenistan Manat (TMT) 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 Turkmenistan.

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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 TMT to XOF Conversion Rates

Here are some latest TMT to XOF (Turkmenistan Manat to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 TMT158.79 XOF
5 TMT793.96 XOF
10 TMT1,587.93 XOF
25 TMT3,969.81 XOF
50 TMT7,939.63 XOF
100 TMT15,879.26 XOF
150 TMT23,818.89 XOF
200 TMT31,758.52 XOF
250 TMT39,698.15 XOF
300 TMT47,637.78 XOF
400 TMT63,517.04 XOF
500 TMT79,396.30 XOF
600 TMT95,275.56 XOF
700 TMT111,154.82 XOF
800 TMT127,034.08 XOF
1,000 TMT158,792.60 XOF
1,500 TMT238,188.90 XOF
2,000 TMT317,585.20 XOF
2,500 TMT396,981.50 XOF
3,000 TMT476,377.80 XOF
4,000 TMT635,170.40 XOF
5,000 TMT793,963.00 XOF
10,000 TMT1,587,926.00 XOF
15,000 TMT2,381,889.00 XOF
20,000 TMT3,175,852.00 XOF
30,000 TMT4,763,778.00 XOF
40,000 TMT6,351,704.00 XOF
50,000 TMT7,939,630.00 XOF
100,000 TMT15,879,260.00 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 Turkmenistan to Mali?

With the global remittance market booming, there are so many choices for Turkmenistan Manat to XOF money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Mali from Turkmenistan. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final XOF amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best exchange rate for sending money from Turkmenistan 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 TMT 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 Turkmenistan 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 TMT 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 transfer money from Turkmenistan to Mali?

One of the most important things to watch out for is hidden fees when sending money to Mali from Turkmenistan. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Mali using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your CFA Franc BCEAO foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best TMT to Mali exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Mali from Turkmenistan.


Should I use my bank to send money from Turkmenistan to Mali?

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


What is the fastest way to do a money transfer to Mali from Turkmenistan?

The speed of your Turkmenistan Manat to CFA Franc BCEAO 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 TMT to XOF. 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 Mali from Turkmenistan 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 Mali 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 XOF into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Turkmenistan bank to Mali bank transfer.


Which are the best money transfer companies to send money to Mali from Turkmenistan?

Since the Turkmenistan Manat 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 Turkmenistan that may also be able to send money to Mali. 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 TMT to XOF money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Mali gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Turkmenistan to Mali transaction.


Step by step guide to send money from Turkmenistan to Mali

The first step to send money to Mali from Turkmenistan 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 TMT 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 Turkmenistan 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 Turkmenistan to Mali.