Ways for Sending Money to Benin

The West African CFA Franc is the name of the money used in Benin. The most popular Benin West African CFA Franc exchange rate is the XOF to EUR rate. Below, you will find Beninese West African CFA Franc rates to all the major currencies world wide and a currency exchange converter. While someone might send money to Benin for a family member who lives or works there, someone else may transfer Beninese West African CFA Franc for a cross-border business related payment.

When sending money to Benin from a foreign country, you get to choose from different money transfer methods. These may vary depending on where you live and the money transfer service provider you select.

Cash transfer: If you do not wish to part with your bank account details, or if you are in a hurry to send the money to Benin, you may consider using the services of companies that operate out of physical locations or have agent networks. Some of your options include WorldRemit, Azimo, Ria, Western Union, and MoneyGram.

Electronic Money Transfers: This method gives you easy means to send international payments directly into someone’s bank account. While several banks carry out international money transfers, you might be better off turning to a specialist money transfer company. Some of the money transfer companies who specialize in electronic money transfers include TransferWise, WorldFirst, OFX, TorFX, HiFX, and CurrencyFair.

Bank Money Drafts: You may send money through international bank drafts. However, while this is a secure medium to send money, it can take weeks before the person you are sending the money to get access to the transferred money. The main benefit of this method is you do not have to provide the receiver your bank account details.

Sending Money with Email Address: Another way to send money to Benin without using the receiver’s bank account details is to use the services of companies that let you send money to Benin using no more than receiver’s email address. The money you send sits in an online account with the service provider you select, and you may transfer it to your local bank account as and when you like. PayPal offers this service, as does TransferWise.

What is the exchange rate for West African CFA Franc to Canadian Dollar?

Exchange rates for foreign currencies are often changing and in most cases minute by minute.

Therefore it's wise to ask for the the current money exchange rate for Canadian Dollar to Beninese West African CFA Franc before buying the West African CFA Franc you need for your next trip from Canadian Dollar to West African CFA Franc Exchange Rate Today.

What is the exchange rate for West African CFA Franc to South African Rand?

Exchange rates for foreign currencies are always changing and in most cases by the minute.

Therefore it's wise to check the current currency exchange rate for South African Rand to Beninese West African CFA Franc before purchasing the West African CFA Franc you require for your next trip at South African Rand to West African CFA Franc Exchange Rate Today.