Compare the best ways to send money from United States to Benin

We compared 6 companies sending money from the United States to Benin. Regency FX is the best and cheapest, while TapTap Send is the fastest.

Sending $7,000 with Regency FX gets your recipient 4,117,754.13 XOF at 588.2506 XOF per USD.

Best companies for USD/XOF transfers

6 of 6 providers

Last updated on 28 October 2026

Based on 7,000 USD transfer

Best companies for USD/XOF transfers

Sort Cheapest
Promoted

Xe

Pay via Bank transfer
Fee $0.00 1 USD = 578.4213 XOF +1.96% vs mid-market Recipient gets F CFA 4,048,949.10 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Benin with Xe when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 USD = 578.4213 XOF
F CFA 4,048,949.10You pay$7,000.00
Promoted

Regency FX

Pay via Bank transfer
Fee $0.00 1 USD = 588.2506 XOF +0.27% vs mid-market Recipient gets F CFA 4,117,754.13 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Benin with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 USD = 588.2506 XOF
F CFA 4,117,754.13You pay$7,000.00

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Regency FX

Pay via Bank transfer
Fee $0.00 1 USD = 588.2506 XOF +0.27% vs mid-market Recipient gets F CFA 4,117,754.13 Minutes - 24 hours
Cheapest
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Benin with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 USD = 588.2506 XOF
F CFA 4,117,754.13You pay$7,000.00

TapTap Send

Pay via Debit card
Fee $0.00 1 USD = 587.0000 XOF +0.48% vs mid-market Recipient gets F CFA 4,109,000.00 Minutes
Fastest
Receive to bank account

Ways to receive money in Benin with TapTap Send when paying by debit card.

MethodFee & ratesRecipient gets
Mobile moneyMinutesAvailable via:MTN, Moov
Free1 USD = 587.0000 XOF
F CFA 4,109,000.00You pay$7,000.00
Only available via Mobile App

WorldRemit

Pay via Debit card
Fee $1.99 1 USD = 584.2217 XOF +0.96% vs mid-market Recipient gets F CFA 4,088,389.58 Minutes - 2 days
Receive to bank account or cash pickup

Ways to receive money in Benin with WorldRemit when paying by debit card.

MethodFee & ratesRecipient gets
Mobile moneyMinutes - 2 days
$1.991 USD = 584.2217 XOF
F CFA 4,088,389.58You pay$7,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee $40.50 1 USD = 585.2791 XOF +0.78% vs mid-market Recipient gets F CFA 4,073,250.00 Same day
Recommended
Multi-currency cardReceive to bank account

Ways to receive money in Benin with Revolut when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositSame day
$40.501 USD = 585.2791 XOF
F CFA 4,073,250.00You pay$7,000.00

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

$0 fee on first online transfers

MoneyGram

Pay via Cash deposit
Fee $60.79 1 USD = 579.2531 XOF +1.81% vs mid-market Recipient gets F CFA 4,054,771.70 Minutes - 24 hours

Ways to receive money in Benin with MoneyGram when paying by cash deposit.

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
$60.791 USD = 579.2531 XOF
F CFA 4,054,771.70You pay$7,060.79

Xe

Pay via Bank transfer
Fee $0.00 1 USD = 578.4213 XOF +1.96% vs mid-market Recipient gets F CFA 4,048,949.10 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Benin with Xe when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 USD = 578.4213 XOF
F CFA 4,048,949.10You pay$7,000.00

Xe

Pay via Debit card
Fee $35.00 1 USD = 578.4213 XOF +1.96% vs mid-market Recipient gets F CFA 4,028,704.35 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Benin with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
$35.001 USD = 578.4213 XOF
F CFA 4,028,704.35You pay$7,000.00
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee $1.99 1 USD = 574.3689 XOF +2.66% vs mid-market Recipient gets F CFA 4,020,582.30 Minutes - 24 hours

Ways to receive money in Benin with MoneyGram when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:All Banks
$1.991 USD = 574.3689 XOF
F CFA 4,020,582.30You pay$7,001.99
Mobile walletMinutes - 24 hoursAvailable via:Select Wallets
$1.991 USD = 574.2821 XOF
F CFA 4,019,974.70You pay$7,001.99
Cash pickupMinutes - 24 hours
$3.991 USD = 574.0806 XOF
F CFA 4,018,564.20You pay$7,003.99
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee $2.49 1 USD = 574.3618 XOF +2.66% vs mid-market Recipient gets F CFA 4,020,532.60 Minutes - 24 hours

Ways to receive money in Benin with MoneyGram when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:All Banks
$2.491 USD = 574.3618 XOF
F CFA 4,020,532.60You pay$7,002.49
Mobile walletMinutes - 24 hoursAvailable via:Select Wallets
$0.991 USD = 574.2466 XOF
F CFA 4,019,726.20You pay$7,000.99
Cash pickupMinutes - 24 hours
$14.001 USD = 574.0723 XOF
F CFA 4,018,506.10You pay$7,014.00
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee $177.99 1 USD = 574.3618 XOF +2.66% vs mid-market Recipient gets F CFA 4,020,532.60 Minutes - 24 hours

Ways to receive money in Benin with MoneyGram when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:All Banks
$177.991 USD = 574.3618 XOF
F CFA 4,020,532.60You pay$7,177.99
Mobile walletMinutes - 24 hoursAvailable via:Select Wallets
$210.001 USD = 574.2466 XOF
F CFA 4,019,726.20You pay$7,210.00
Cash pickupMinutes - 24 hours
$179.991 USD = 574.0723 XOF
F CFA 4,018,506.10You pay$7,179.99

Xe

Pay via Credit card
Fee $210.00 1 USD = 578.4213 XOF +1.96% vs mid-market Recipient gets F CFA 3,927,480.63 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Benin with Xe when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
$210.001 USD = 578.4213 XOF
F CFA 3,927,480.63You pay$7,000.00
How Our Results Work
Mid-market rate: 1 USD = 589.8432 XOF Updates every 60 minutes.

How to send money from US to Benin

Pick a company

If you're sending a one-off transfer, then Regency FX is the best option.

Regency FX was the cheapest on 25 of the 28 days it quoted $7,000 transfers to Benin.

For recurring transfers, I'd suggest using an app or a multi-currency account with TapTap Send.

For large transfers, a broker like Regency FX is the best option.

If your recipient needs cash, MoneyGram is the cheapest.

How much you send will affect the best option for you right now.

Pay for it

You have 4 ways to pay for your transfer to Benin, including bank transfer, debit card, credit card, and cash deposit.

Usually, using bank transfer to fund your transfer is the cheapest but slowest option (ACH and takes a day or two).

You can use a debit card, Apple Pay and Google Pay for quicker deposit but its a bit more expensive.

I suggest avoiding credit cards since these are most expensive and have cash advance fees (Amex is very rarely accepted in general).

Check and send

First time round you'll need to confirm who you are.

An SSN isn't required, an ITIN or a foreign passport works with most companies here.

Compare amounts

How much USD are you sending to Benin?

How much USD you send to Benin heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows Regency FX was the cheapest in 84% of the transfers from $5,000 it quoted, and in 84% of all the transfers it quoted.

Cheapest service
$5000.47%$0.00F CFA 293,500.00with debit card to mobile money+F CFA 8,773.73
$2,0000.50%$0.00F CFA 1,174,000.00with debit card to mobile money+F CFA 31,844.02
$5,0000.47%$0.00F CFA 2,935,000.00with debit card to mobile money+F CFA 65,393.30
$7,000This page0.27%$0.00F CFA 4,117,754.13with bank transfer to bank deposit+F CFA 71,395.31
$10,0000.27%$0.00F CFA 5,879,842.35with bank transfer to bank deposit+F CFA 100,174.78
$50,0000.25%$0.00F CFA 29,402,387.90with bank transfer to bank deposit+F CFA 534,079.94
$100,0000.20%$0.00F CFA 58,834,946.79with bank transfer to bank deposit+F CFA 1,094,674.87
$250,0000.20%$0.00F CFA 147,197,132.27with bank transfer to bank deposit+F CFA 2,452,693.75

Mid-market rate: 1 USD = 589.8432 XOF

USD/XOF Exchange Rate History

Is today a good time to send money from US to Benin?

The cheapest way to send USD to XOF can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Regency FX), across 30 days of comparisons for 7,000 USD transfers to Benin.

XOF received for $7,000, after fees

Wed, Oct 28, 2026Mid-market rateF CFA 4,128,902.17 Regency FX F CFA 4,117,754.13Regency FXF CFA 4,117,754.13TapTap SendF CFA 4,109,000.00WorldRemitF CFA 4,088,389.58

3.95M
4.00M
4.05M
4.10M
4.15M
At the mid-market rateWith the cheapest optionRegency FXTapTap SendWorldRemit
Exchange rateFeeRecipient getsDifference
Mid-market rate 577.3802 – F CFA 4,041,661.11
Regency FX Cheapest 575.8212 $0.00 F CFA 4,030,748.63 −F CFA 10,912.48
WorldRemit 571.7983 $1.99 F CFA 4,001,450.43 −F CFA 40,210.68
TapTap Send 567.0000 $0.00 F CFA 3,969,000.00 −F CFA 72,661.11
Exchange rateFeeRecipient getsDifference
Mid-market rate 577.6946 – F CFA 4,043,862.52
Regency FX Cheapest 576.1349 $0.00 F CFA 4,032,944.09 −F CFA 10,918.43
TapTap Send 567.0000 $0.00 F CFA 3,969,000.00 −F CFA 74,862.52
WorldRemit No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 579.7020 – F CFA 4,057,914.32
Regency FX Cheapest 578.1368 $0.00 F CFA 4,046,957.95 −F CFA 10,956.36
TapTap Send 567.0000 $0.00 F CFA 3,969,000.00 −F CFA 88,914.31
WorldRemit No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 582.6076 – F CFA 4,078,253.07
Regency FX Cheapest 581.0345 $0.00 F CFA 4,067,241.78 −F CFA 11,011.29
TapTap Send 571.0000 $0.00 F CFA 3,997,000.00 −F CFA 81,253.07
WorldRemit No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 582.5885 – F CFA 4,078,119.39
Regency FX Cheapest 581.0155 $0.00 F CFA 4,067,108.47 −F CFA 11,010.92
WorldRemit 577.0755 $1.99 F CFA 4,038,380.33 −F CFA 39,739.06
TapTap Send 571.0000 $0.00 F CFA 3,997,000.00 −F CFA 81,119.39
Exchange rateFeeRecipient getsDifference
Mid-market rate 582.5885 – F CFA 4,078,119.39
Regency FX Cheapest 581.0155 $0.00 F CFA 4,067,108.47 −F CFA 11,010.92
WorldRemit 577.0755 $1.99 F CFA 4,038,380.33 −F CFA 39,739.06
TapTap Send 571.0000 $0.00 F CFA 3,997,000.00 −F CFA 81,119.39
Exchange rateFeeRecipient getsDifference
Mid-market rate 586.2416 – F CFA 4,103,691.54
Regency FX Cheapest 584.6588 $0.00 F CFA 4,092,611.58 −F CFA 11,079.96
WorldRemit 580.1897 $1.99 F CFA 4,060,173.53 −F CFA 43,518.01
TapTap Send 571.0000 $0.00 F CFA 3,997,000.00 −F CFA 106,691.54
Exchange rateFeeRecipient getsDifference
Mid-market rate 584.9760 – F CFA 4,094,832.09
Regency FX Cheapest 583.3966 $0.00 F CFA 4,083,776.04 −F CFA 11,056.05
WorldRemit 579.0851 $1.99 F CFA 4,052,442.97 −F CFA 42,389.12
TapTap Send 574.0000 $0.00 F CFA 4,018,000.00 −F CFA 76,832.09
Exchange rateFeeRecipient getsDifference
Mid-market rate 584.1974 – F CFA 4,089,382.14
Regency FX Cheapest 582.6201 $0.00 F CFA 4,078,340.81 −F CFA 11,041.33
WorldRemit 578.2393 $1.99 F CFA 4,046,524.54 −F CFA 42,857.60
TapTap Send 574.0000 $0.00 F CFA 4,018,000.00 −F CFA 71,382.14
Exchange rateFeeRecipient getsDifference
Mid-market rate 586.3793 – F CFA 4,104,655.14
Regency FX Cheapest 584.7961 $0.00 F CFA 4,093,572.57 −F CFA 11,082.57
WorldRemit 580.1637 $1.99 F CFA 4,059,991.09 −F CFA 44,664.05
TapTap Send 574.0000 $0.00 F CFA 4,018,000.00 −F CFA 86,655.14
Exchange rateFeeRecipient getsDifference
Mid-market rate 584.1292 – F CFA 4,088,904.21
Regency FX Cheapest 582.5520 $0.00 F CFA 4,077,864.17 −F CFA 11,040.04
TapTap Send 574.0000 $0.00 F CFA 4,018,000.00 −F CFA 70,904.21
WorldRemit No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 585.4443 – F CFA 4,098,110.20
Regency FX Cheapest 583.8636 $0.00 F CFA 4,087,045.30 −F CFA 11,064.90
TapTap Send 580.0000 $0.00 F CFA 4,060,000.00 −F CFA 38,110.20
WorldRemit No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 585.4443 – F CFA 4,098,110.20
Regency FX Cheapest 583.8636 $0.00 F CFA 4,087,045.30 −F CFA 11,064.90
TapTap Send 580.0000 $0.00 F CFA 4,060,000.00 −F CFA 38,110.20
WorldRemit 579.6667 $1.99 F CFA 4,056,513.57 −F CFA 41,596.63
Exchange rateFeeRecipient getsDifference
Mid-market rate 585.2776 – F CFA 4,096,943.14
Regency FX Cheapest 583.6973 $0.00 F CFA 4,085,881.40 −F CFA 11,061.74
TapTap Send 580.0000 $0.00 F CFA 4,060,000.00 −F CFA 36,943.14
WorldRemit No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 586.1109 – F CFA 4,102,776.51
Regency FX Cheapest 584.5284 $0.00 F CFA 4,091,699.01 −F CFA 11,077.50
WorldRemit 580.9668 $1.99 F CFA 4,065,611.27 −F CFA 37,165.24
TapTap Send 580.0000 $0.00 F CFA 4,060,000.00 −F CFA 42,776.51
Exchange rateFeeRecipient getsDifference
Mid-market rate 585.5051 – F CFA 4,098,535.97
Regency FX Cheapest 583.9243 $0.00 F CFA 4,087,469.93 −F CFA 11,066.04
TapTap Send 582.5000 $0.00 F CFA 4,077,500.00 −F CFA 21,035.97
WorldRemit 579.3588 $1.99 F CFA 4,054,358.89 −F CFA 44,177.08
Exchange rateFeeRecipient getsDifference
Mid-market rate 584.9038 – F CFA 4,094,326.76
Regency FX Cheapest 583.3246 $0.00 F CFA 4,083,272.08 −F CFA 11,054.68
TapTap Send 582.5000 $0.00 F CFA 4,077,500.00 −F CFA 16,826.76
WorldRemit No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 583.5388 – F CFA 4,084,771.46
Regency FX Cheapest 581.9632 $0.00 F CFA 4,073,742.58 −F CFA 11,028.88
TapTap Send 580.0000 $0.00 F CFA 4,060,000.00 −F CFA 24,771.46
WorldRemit 578.0742 $1.99 F CFA 4,045,369.31 −F CFA 39,402.15
Exchange rateFeeRecipient getsDifference
Mid-market rate 583.7388 – F CFA 4,086,171.78
Regency FX Cheapest 582.1627 $0.00 F CFA 4,075,139.11 −F CFA 11,032.67
TapTap Send 580.0000 $0.00 F CFA 4,060,000.00 −F CFA 26,171.77
WorldRemit No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Xe Cheapest 580.6381 $0.00 F CFA 4,064,466.70 –
TapTap Send 580.0000 $0.00 F CFA 4,060,000.00 –
Regency FX No quote collected this day – – – –
WorldRemit No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 585.2187 – F CFA 4,096,530.93
Regency FX Cheapest 583.6386 $0.00 F CFA 4,085,470.29 −F CFA 11,060.64
TapTap Send 580.0000 $0.00 F CFA 4,060,000.00 −F CFA 36,530.93
WorldRemit 578.3991 $1.99 F CFA 4,047,642.69 −F CFA 48,888.24
Exchange rateFeeRecipient getsDifference
Mid-market rate 583.9523 – F CFA 4,087,666.16
Regency FX Cheapest 582.3756 $0.00 F CFA 4,076,629.46 −F CFA 11,036.70
WorldRemit 578.3656 $1.99 F CFA 4,047,408.25 −F CFA 40,257.91
TapTap Send 575.0000 $0.00 F CFA 4,025,000.00 −F CFA 62,666.16
Exchange rateFeeRecipient getsDifference
Mid-market rate 584.3242 – F CFA 4,090,269.60
Regency FX Cheapest 582.7466 $0.00 F CFA 4,079,225.88 −F CFA 11,043.72
WorldRemit 578.7636 $1.99 F CFA 4,050,193.39 −F CFA 40,076.21
TapTap Send 575.0000 $0.00 F CFA 4,025,000.00 −F CFA 65,269.60
Exchange rateFeeRecipient getsDifference
Mid-market rate 583.6726 – F CFA 4,085,708.24
Regency FX Cheapest 582.0967 $0.00 F CFA 4,074,676.83 −F CFA 11,031.41
WorldRemit 577.5467 $1.99 F CFA 4,041,677.79 −F CFA 44,030.45
TapTap Send 575.0000 $0.00 F CFA 4,025,000.00 −F CFA 60,708.24
Exchange rateFeeRecipient getsDifference
Mid-market rate 585.6778 – F CFA 4,099,744.79
Regency FX Cheapest 584.0965 $0.00 F CFA 4,088,675.48 −F CFA 11,069.31
WorldRemit 579.3157 $1.99 F CFA 4,054,056.85 −F CFA 45,687.94
TapTap Send 575.0000 $0.00 F CFA 4,025,000.00 −F CFA 74,744.79
Exchange rateFeeRecipient getsDifference
Mid-market rate 585.5534 – F CFA 4,098,873.86
TapTap Send Cheapest 587.0000 $0.00 F CFA 4,109,000.00 +F CFA 10,126.14
Regency FX 583.9724 $0.00 F CFA 4,087,806.90 −F CFA 11,066.96
WorldRemit 579.7549 $1.99 F CFA 4,057,130.80 −F CFA 41,743.06
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
TapTap Send Cheapest 587.0000 $0.00 F CFA 4,109,000.00 –
WorldRemit 579.7549 $1.99 F CFA 4,057,130.80 –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 585.4419 – F CFA 4,098,092.98
TapTap Send Cheapest 587.0000 $0.00 F CFA 4,109,000.00 +F CFA 10,907.02
Regency FX 583.8612 $0.00 F CFA 4,087,028.13 −F CFA 11,064.85
WorldRemit 578.9231 $1.99 F CFA 4,051,309.57 −F CFA 46,783.41
Exchange rateFeeRecipient getsDifference
Mid-market rate 587.8753 – F CFA 4,115,126.86
TapTap Send Cheapest 587.0000 $0.00 F CFA 4,109,000.00 −F CFA 6,126.85
Regency FX 586.2880 $0.00 F CFA 4,104,016.01 −F CFA 11,110.85
WorldRemit 581.8478 $1.99 F CFA 4,071,776.79 −F CFA 43,350.06
Exchange rateFeeRecipient getsDifference
Mid-market rate 589.8432 – F CFA 4,128,902.17
Regency FX Cheapest 588.2506 $0.00 F CFA 4,117,754.13 −F CFA 11,148.04
TapTap Send 587.0000 $0.00 F CFA 4,109,000.00 −F CFA 19,902.17
WorldRemit 584.2217 $1.99 F CFA 4,088,389.58 −F CFA 40,512.59

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send $7,000, after fees, as quoted by each company. The mid-market line shows what $7,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

Understanding USD/XOF exchange rate

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more XOF per USD than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

In the past month, a money transfer company beat the mid-market rate on 2 of the last 30 days.

Right now, Regency FX pays 4,117,754.13 XOF on 7,000 USD, which is 11,148.04 XOF less than the mid-market amount.

Today's payout is the highest in the past month.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Benin.

We've tracked 207 comparisons to check how often today's top companies were the cheapest across 8 amounts over the past month.

  1. Regency FXAppeared in 109 comparisons

    Cheapest in 84% of them

  2. TapTap SendAppeared in 199 comparisons

    Cheapest in 25% of them

  3. WorldRemitAppeared in 90 comparisons

    Cheapest in 14% of them

Based on 207 comparisons across 8 amounts over the last 30 days.

Is the cheapest money transfer company always the best?

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyze companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Regency FX is the cheapest and gets you the most XOF, and it was also the cheapest in 84% of the 109 comparisons it appeared in over the past month.

It's a good pick for both one-off and regular transfers to Benin.

TapTap Send (today's second cheapest) was the cheapest in only 25% of its comparisons, so it's rarely the cheapest option for transfers to Benin.

Ways to send money from the US to Benin

There are 6 companies available for sending money from the US to Benin, across app, broker, online, multi-currency account, global account, and in person, and more.

For regular transfers home

Money transfer apps

If you send a few hundred dollars home every payday, an app is usually the cheapest way and the least work.

TapTap Send charges $0 on a $7,000 transfer with 0.48% markup, saves your recipient's details for next time, and XOF arrives in minutes.

Over the past month, TapTap Send was the cheapest app on 33% of the days it appeared for $7,000 transfers.

Funding from a US bank account or debit card avoids the 1% federal tax that applies to cash-funded transfers.

Sending without a US bank account

Cash & in-person transfers

Paying in cash at an agent can work without a US bank account.

The ID accepted depends on the company and the amount, so check before visiting if you do not have an SSN.

Hand $7,000 to a MoneyGram agent in the US, and your recipient will get 4,054,771.7 XOF in minutes - 24 hours.

Our data shows MoneyGram came out cheapest among in-person options on 100% of days in the past month.

However, transfers funded with cash or a money order carry a 1% federal tax since January 1, 2026. To avoid it, fund with a debit card or bank account instead (most agents take both).

For one-off transfers

Online transfers

For a one-off transfer, an online service funded from your checking account is usually the cheapest way to send money to Benin.

Of all online companies listed here, MoneyGram gets you the most XOF per USD.

On a $7,000 transfer, you will get 4,054,771.7 XOF after a $60.79 fee and 1.81% markup.

In our comparisons over the past month, it was the cheapest online service on 11 of the 30 days it quoted.

But, bank funding (ACH) takes 1 to 3 business days to clear, while debit cards (and Google Pay/Apple Pay) are usually instant but cost a bit more.

For transfers over $10,000

Currency brokers

For large transfers to Benin (e.g. a property purchase, tuition, or moving to Benin), a broker like Regency FX charges no fee, gives you a dedicated account manager, and adds 0.27% markup on USD/XOF that gets lower the more you send.

Our analysis shows Regency FX was the cheapest broker in 100% of the transfers from $5,000 it quoted.

Business payments from the US

Global accounts

Global accounts are for US businesses paying people abroad.

Companies like Airwallex, WorldFirst, or Payoneer handle the recurring and batch payments, invoicing, tracking, and more.

Holding & spending currencies

Multi-currency accounts

A multi-currency account like Revolut is the best for holding and receiving XOF.

This is useful for traveling to Benin, building up XOF balance, or receiving payments in XOF.

Revolut converts $7,000 at 0.78% markup plus small fee and holds the XOF until you spend it.

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

Ways to fund USD and receive XOF in Benin

With Regency FX, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending $7,000 gives your recipient 4,117,754.13 XOF.

Deposit USD by bank transfer, debit card, credit card, and cash deposit.

The simplest way is to pay from your US checking account

Pay by bank transfer using your routing and account numbers.

An ACH payment is usually cheaper than a card, but it may take some time for it to clear before a money transfer company can send the money to Benin.

You can deposit cash

You'll need to visit the nearest MoneyGram branch and hand over $7,000.

MoneyGram is the cheapest option and will get you 4,054,771.7 XOF on a $7,000 transfer after fees.

Transfers funded with physical cash are subject to the 1% US remittance transfer tax, but funding from a US bank account or with a US-issued debit or credit card is exempt.

Zelle, Venmo and Cash App only support domestic transfers, so they cannot send money to Benin.

Your recipient in Benin can collect XOF through bank deposit, mobile money, cash pickup, and mobile wallet.

They can collect cash in Benin

Your recipient can collect XOF from a participating MoneyGram location in Benin.

They should take a valid photo ID and the collection reference, and check that the name on the transfer matches their ID.

  1. 1
    Bank transfer Bank deposit

    You pay $7,000.00

    CFA4,117,754

    Cheapest

  2. 2
    Debit card Mobile money

    You pay $7,000.00

    CFA4,109,000

    -CFA8,754

  3. 3
    Cash deposit Cash pickup

    You pay $7,060.79

    CFA4,054,772

    -CFA62,982

  4. 4
    Debit card Bank deposit

    You pay $7,000.00

    CFA4,028,704

    -CFA89,050

  5. 5
    Credit card Bank deposit

    You pay $7,177.99

    CFA4,020,533

    -CFA97,222

Show moreShow less
  1. 6
    Bank transfer Mobile wallet

    You pay $7,001.99

    CFA4,019,975

    -CFA97,779

  2. 7
    Debit card Mobile wallet

    You pay $7,000.99

    CFA4,019,726

    -CFA98,028

  3. 8
    Credit card Mobile wallet

    You pay $7,210.00

    CFA4,019,726

    -CFA98,028

  4. 9
    Bank transfer Cash pickup

    You pay $7,003.99

    CFA4,018,564

    -CFA99,190

  5. 10
    Debit card Cash pickup

    You pay $7,014.00

    CFA4,018,506

    -CFA99,248

  6. 11
    Credit card Cash pickup

    You pay $7,179.99

    CFA4,018,506

    -CFA99,248

Things to consider before sending USD to Benin

The way you fund the transfer now affects the tax, while US law gives you specific rights if something goes wrong.

Find the right USD/XOF company

Cheapest way to send money to Benin

The cheapest option is Regency FX, funded by bank transfer with bank deposit for the payout. Your recipient gets 4,117,754.13 XOF, which is 0.21% more than the next best option.

Fastest way to send money to Benin

The fastest option is TapTap Send. Pay by debit card and choose mobile money for the payout. Your recipient gets 4,109,000 XOF, with the money arriving in minutes.

Cash-funded transfers now carry a 1% tax

Since January 1, 2026, a 1% federal tax applies when an international transfer is funded with cash, a money order, a cashier's check or a traveler's check.

Funding from a US bank account, including ACH, or with a US-issued debit or credit card is exempt.

The rule applies to how you pay in, so your recipient can still collect cash without triggering the tax.

The $10,000 rule is not a transfer limit

There is no federal cap on how much of your own money you can send electronically abroad.

Your bank or transfer company can set its own limit and ask for proof of where a large or unusual payment came from.

Cash reports and the declaration for physically carrying more than $10,000 across the US border are separate rules.

Do not split cash transactions to avoid a report.

You normally have 30 minutes to cancel

The US Remittance Transfer Rule requires a covered company to show the exchange rate, fees and expected amount received before you pay.

You can normally cancel within 30 minutes at no charge, provided the money has not been deposited or collected.

You also have error-resolution rights if the wrong amount arrives or the transfer never turns up.

Contact the company first and keep the receipt.

The CFPB explains the cancellation and error process.

Need to send a large amount of USD to Benin?

For transfers over $10,000, Regency FX is the best option.

It offers the best exchange rate, which is more important than the fee for large transfers to Benin.

While Regency FX may not always be the cheapest or fastest way to send XOF, they offer years of experience, and will offer you the peace of mind you need when sending large amounts abroad.

Read Review

How we analyze the market

We track, save, and analyze the cost, speed, and product offerings of the leading money transfer services available between Benin and United States.


We work with leading money transfer companies to provide real time fees and exchange rates. In the past 30 days alone, we analyzed 207 comparisons across 8 amounts.

This page covers the cheapest and fastest options for USD/XOF transfers. This is how we pick them:

  • Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.

  • Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

For a deeper understanding of our commitment to integrity and transparency, check out these articles:

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.