How to send money to Benin
Discover how to send money to Benin at the lowest cost in four easy steps
1. Check if the XOF conversion rate is at your advantage
Although the evolution of the currency market is unforseeable, it never hurts to stay on top of it so that you can maximize how many you get after the conversion. You should subscribe to our smart alerts to keep track the XOF mid-market's evolution.
2. Go with the best deal by comparing all the available companies.
We compare 9 providers to transfer money to Benin, such as TransferWise, Western Union, MoneyGram, OFX, Xendpay. Optimize your transfer by comparing them all and select the best one for your transfer.
3. Choose the best option for your specific needs
Which criteria is the most important for you? Price, speed, customer reviews? Balance the different criteria before making your choice.
You may also want to consider the options to pay for the transfer and receive the money. You may have the choice to pay for your transfer by a local bank transfer or by credit or debit cards. At the other end, in Benin, look at different options if you need the money to be sent directly to the recipient's bank account or be available for cash pick-up.
4. Sign up and start your transfer to Benin with the money transfer provider of your choice
Visit the provider's website to complete the sign-up process - be ready to provide an offical ID and/or a proof of adress - and configure your transaction.