Our recommended choice: WorldRemit
We tested the 6 largest providers and WorldRemit stands out, winning in 82.6% of searches for its unbeatable mix of cost, speed, and user-friendliness.
Looking to send money from United States to Benin? WorldRemit will get the job done.
How to get the best deal on your United States to Benin transfer
Sending money from United States to Benin: key insights and tips
Don't settle for the first option. Always compare ways to send money from United States to Benin to find out about fees, speed, and reliability.
Our analysis included 6 providers that operate between United States and Benin, including WorldRemit, WorldRemit, and PayPal.
Through this, you get a comprehensive view of all the options you have in United States when you need to send money to Benin.
Cheap money transfer to Benin from United States: OFX
Data collected over the past six months show that OFX is 2% cheaper than the second best option.
The $2.99 transfer cost represents the most common fee for USD to XOF international transfers, based on data from the past six months.
If you want to secure the best rates on a USD to Benin transfer, make sure you pick OFX to send your money online.
*The most common fee applied to USD-XOF by OFX, calculated based on data from the past six months.
Fastest ways to send money from United States to Benin: WorldRemit
Data shows that WorldRemit came up as the fastest way to send money from United States to Benin in 70% of our searches, proving they are the best at handling urgent online money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from United States to Benin - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
Although WorldRemit is the quickest way to send money to Benin from United States, the average cost of this service is $0.
If you don’t need to get your money to Benin in 1 day, remember that OFX is the one that helps you save most.
But when speed matters, WorldRemit should always be your go-to choice.
Need to send over $10,000?
For those big moves, going specialist is key.
Opt for a service that specializes in large transfers when size matters. For transfers over $10,000, your best bet is WorldRemit.
While WorldRemit may not be the cheapest or fastest way to send USD from United States to Benin, it’s the provider that will keep you safe and relax while your money moves and becomes XOF.
Understanding your money transfer costs: United States to Benin
When it comes to calculating the costs of money transfers between United States and Benin, here's what really matters:
The Mid-Market Rate: Today, the USD-XOF mid-market rate equals to 606.323369. Keep in mind that this rate fluctuates all the time.
The AUD-JPY average exchange rate of the past three months has been 608.8275, with a highest of 626.5008 and a lowest of 555.5036.
When in doubt, use OFX. On average, OFX hovers just 0.3% above the mid-market rate.
Fees and Markups: That's where OFX shines, combining the best of both worlds: excellent USD to XOF rates that are only 0.3% away from the average. That's savvy transferring for you.
How to find the best exchange rate for US Dollar to CFA Franc BCEAO
Timing is everything when it comes to sending money between USD and XOF. The exchange rate you secure impacts how much XOF you get for your USD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from USD to XOF has seen some fluctuation. On average, it stood at 608.8275.
During this time, the highest value on records has been 626.5008, while the lowest has been 555.5036.
WorldRemit, which is our recommended service to send money online from United States to Benin offers an exchange rate that is only 0.82% above the mid-market rate.
Want to secure the best USD-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 States to Benin!
What payment methods are available when sending money from United States to Benin?
Why trust our suggestions?
We compared the cost, speed, and product offerings of the leading money transfer services available between Benin and United States.
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 States to Benin .
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send USD to XOF.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.