How to send money to Benin
Discover how to make a money transfer to Benin at the lowest cost in 4 easy steps
1. See if the XOF conversion rate is interesting
Even though the evolution of the exchange rate is unforseeable, it can help you save money to monitor it so that you can maximize how much the recipient of your transfer will receive. You can set-up our smart alerts to keep an eye on the XOF mid-market rate against your currency.
2. Compare 10 services available for transfers to Benin and find the best provider.
We compare many money transfer companies to transfer money to Benin, such as TransferWise, Western Union, MoneyGram, OFX, Xendpay. Sending money with the most competitive company from the list is a sure way to save on costs.
3. Select the best money transfer company for your needs
Based on which criteria will make your choice? Price, speed of the transaction, customer reviews? Examine the different criteria before making your choice.
It is also important to pay attention to the pay-in and pay-out options. Bank transfer or credit/debit cards are the most often available pay-in methods to send money to Benin online. To receive the money in Benin, you can decide if your want the amount in XOF to be transferred to your recipient's account or available for pick-up in cash at an agent location.
4. Sign up and get started wih your transaction with the money transfer provider you selected
Visit the provider's website to go through the sign-up process (you most of the time have to give some documents to prove your identity), and get started with your money transfer to Benin.
Send money money to Benin with the current cheapest provider for your next transfer
Questions you may have about your transfers %TO_COUNTRY%
Everyone wins, except expensive solutions
With our model, the only losers are the expensive banks or providers you’ll stop using!
To ensure our independence, we always use transparent, objective and verifiable criteria in our comparison. No provider can buy their way to the top of our results.
We include as many providers as possible in our comparison and have partnerships with almost all major and innovative providers.
We make sure you never pay more than if you went directly to the provider of your choice. We even negotiate special offers for you with many of our partners.
You save money on your transfer by selecting the cheapest provider.
The best providers earn new customers without expensive marketing, helping keep their costs (and prices) low.
Monito receives a referral fee from the provider you selected. This enables us to offer our service to you for free.