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

Compare today's YER to XOF (Yemeni Rial to CFA Franc BCEAO) exchange rates

Yemen
Mali
YER

Interbank Exchange Rate: 1 YER = 2.3303 XOF
Updated about an hour ago

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All you need to know about Yemeni Rial to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Yemen to Mali. Send money overseas to your loved ones by comparing Yemeni Rial (YER) 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 Yemen.

Were you looking to send money from Mali to Yemen 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 YER to XOF Conversion Rates

Here are some latest YER to XOF (Yemeni Rial to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 YER2.33 XOF
5 YER11.65 XOF
10 YER23.30 XOF
25 YER58.26 XOF
50 YER116.51 XOF
100 YER233.03 XOF
150 YER349.54 XOF
200 YER466.06 XOF
250 YER582.57 XOF
300 YER699.09 XOF
400 YER932.12 XOF
500 YER1,165.15 XOF
600 YER1,398.18 XOF
700 YER1,631.21 XOF
800 YER1,864.24 XOF
1,000 YER2,330.30 XOF
1,500 YER3,495.45 XOF
2,000 YER4,660.60 XOF
2,500 YER5,825.75 XOF
3,000 YER6,990.90 XOF
4,000 YER9,321.20 XOF
5,000 YER11,651.50 XOF
10,000 YER23,303.00 XOF
15,000 YER34,954.50 XOF
20,000 YER46,606.00 XOF
30,000 YER69,909.00 XOF
40,000 YER93,212.00 XOF
50,000 YER116,515.00 XOF
100,000 YER233,030.00 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 Yemen to Mali?

There are many good choices when it comes to sending money from Yemen to Mali. 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 Yemeni Rial to XOF money transfers.

We compare different remittance companies to bring you the best options to send money to Mali from Yemen. 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 Yemeni Rial 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 remit rate for transferring money from Yemen to Mali?

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 Yemen to Mali 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 YER to CFA Franc BCEAO 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 Yemeni Rial to CFA Franc BCEAO exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way for transferring money to Mali from Yemen?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Yemen to Mali via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Yemeni Rial to CFA Franc BCEAO remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Yemen to Mali exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for YER to XOF remittances.


How to send money to Mali from Yemen through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Yemen 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 YER 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 Yemen 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.


What is the fastest way to transfer money from Yemen to Mali?

It could be a stressful experience if you need to rush money quickly from Yemen to Mali. 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 YER 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 Yemen to Mali money transfers.


Which are the best money transfer companies to transfer money to Mali from Yemen?

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 Yemen to Mali, 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 Yemeni Rial to CFA Franc BCEAO 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 XOF money transfers to Mali. 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 Mali getting more money for every Yemeni Rial you send.


Step by step guide to do a money transfer from Yemen to Mali

The first step to send money to Mali from Yemen 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 YER 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 Yemen 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 Yemen to Mali.