Overall best choice: OFX
We tested & reviewed dozens of money transfer providers, and OFX scored highly.
OFX appeared in 39.1% of United Kingdom to Benin searches, and was the top rated company out of 7 that support GBP to XOF.
So for a great mix of cost, speed & features, make your United Kingdom to Benin transfer using OFX.
How to get the best deal on your United Kingdom to Benin transfer
Important things to consider before sending money from United Kingdom to Benin
Don't settle for the first option. Always compare ways to send money from United Kingdom to Benin to find out about fees, speed, and reliability.
Our analysis included 7 providers that operate between United Kingdom and Benin.
Through this, you get a comprehensive view of all the options you have in United Kingdom when you need to send money to Benin.
Cheapest way to send money to Benin from United Kingdom: OFX
Data collected over the past six months show that OFX is 1.1% cheaper than the second-best option.
The £0 transfer cost represents the most common fee for GBP to XOF international transfers, based on data from the past six months.
If you want to secure the best rates on a GBP to Benin transfer, make sure you pick OFX to send your money online.
*The most common fee applied to GBP-XOF by OFX, based on data from the past six months.
Fastest way to send money from United Kingdom to Benin: Western Union
Our data shows that Western Union came up as the fastest way to send money from United Kingdom to Benin in 60.9% of searches. This makes them well suited to urgent GBP to XOF money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from United Kingdom to Benin - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Western Union is your best choice at the moment. This service emerged as the quickest way to send money to Benin from United Kingdom in 60.9% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is OFX.
While OFX may not always be the cheapest or fastest way to send GBP from United Kingdom to Benin, it’s the provider that will keep you safe and relaxed while your money moves into XOF.
Understanding the costs involved when moving money from United Kingdom to Benin
When calculating the costs of money transfers between United Kingdom and Benin, here's what really matters:
The Mid-Market Rate: Today, the GBP-XOF mid-market rate equals to 761.381096 XOF per Pound Sterling. Keep in mind that this rate fluctuates all the time.
The GBP-XOF average exchange rate of the past three months has been 763.2215 XOF per Pound Sterling, with a high of 774.1982 and a low of 748.3178.
Fees and Markups: That's where OFX shines, combining the best of both worlds: excellent GBP to XOF rates that are only 0.45% away from the average.
How to find the best exchange rate for Pound Sterling to CFA Franc BCEAO
Timing is essential sending money between GBP and XOF. The exchange rate you secure impacts how much XOF you get for your GBP.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from GBP to XOF has seen some fluctuation. On average, it stood at 763.2215.
During this period, the highest value recorded was 774.1982, while the lowest was 748.3178.
OFX, which is our recommended service to send money online from United Kingdom to Benin offers an exchange rate that is only 0.22% above the mid-market rate.
Want to secure the best GBP-CFA Franc BCEAO exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from United Kingdom to Benin!
Payment methods available to fund your United Kingdom to Benin transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Benin and United Kingdom.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from United Kingdom to Benin .
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GBP to XOF.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.