Compare the best ways to send money from United States to Guinea-Bissau

The amount of XOF you can receive from United States will vary depending on which provider you use. Some providers specialize in smaller transfers, while others are more suited to large transfers.

You should also check if there are any government regulations around how many XOF can be received in Guinea-Bissau before making your transfer.

Each country will have its own set of tax laws and rules for receiving money from abroad. CFA Franc BCEAOs or US Dollars sent for business purposes between could be taxed as foreign income. If you’re looking to receive a large amount of CFA Franc BCEAOs from abroad, you should check how much you can receive in Guinea-Bissau without paying taxes. If you're not sure how the tax process works locally, contact your local tax office or speak to a tax professional.

No. MoneyTransfers.com is a comparison website aiming to match you with the best money transfer providers to transfer money online between United States, Guinea-Bissau, and many other countries.

Transfer fees can vary significantly depending on your chosen provider. That's why you should compare the fees of different services to ensure you get the best deal when sending US Dollars to Guinea-Bissau.

Our data shows that the cheapest way to send money online between United States and Guinea-Bissau is OFX.

Over the past six months, the most common transfer fee applied by OFX for USD to XOF transactions has been $0. This is 1.3% less than the second-best option available.

The delivery time for international transfers can vary. Some services offer instant or same-day transfers, while others might take several business days. The speed may also depend on the USD and XOF transaction volumes.

According to our data, the fastest way to send money online between United States and Guinea-Bissau is Remitly.

Over the past six months, Remitly emerged as the fastest service in 75% of the searches performed by our users and staff.

Exchange rates fluctuate frequently. To get the best rate for converting USD to XOF, compare the rates offered by different providers against the mid-market rate. Right now, the USD to XOF is 627.4525.

Providers often set minimum and maximum transfer limits. These can vary significantly, so it’s worth checking what limits apply for transfers from United States to Guinea-Bissau before proceeding.

Many services allow you to set up scheduled, recurring transfers. This can be especially useful for regular financial commitments across borders.

The amount of money you can send and receive in Guinea-Bissau will vary depending on which provider you use.

Some providers specialize in smaller transfers, while others are more suited to large transfers.

You should also check if there are any government regulations around how much money can be received in Guinea-Bissau before making your transfer.

Each country will have its own set of tax laws and rules for receiving money from abroad, including Guinea-Bissau

Receiving large amounts of XOF or sending money for business in Guinea-Bissau may be taxed as foreign income.

You should always check the maximum limits you can receive in Guinea-Bissau.

If you're not sure how the tax process works in Guinea-Bissau, contact your local tax office, or speak to a tax professional.

Transfer fees to Guinea-Bissau can vary significantly depending on the money transfer company you use and where you send money.

Considering there aren't many money transfer companies available for transfers to Guinea-Bissau the fees will be higher. You could use:

• A multi-currency account which is the cheapest option in this case.

• A P2P transfer app that is commonly available with almost all neo-banks with lower fees.

• Use Tether to make a transfer to Guinea-Bissau via blockchain, with slightly higher conversion and withdrawal fees.

Ideally, you want to avoid using banks and the SWIFT network as it's the most expensive way to send money in terms of fees.

The delivery time for international transfers can vary.

Some services offer instant or same-day transfers, while others might take several business days. The speed may also depend on how much XOF you are sending.

For urgent transfers, cash pickup is the fastest way to send money. But when there are no options available, we'd suggest trying a multi-currency account, using a P2P app, or sending Tether via blockchain (which is the slowest of the three options).

Avoid using your bank for transfers to Guinea-Bissau, especially via the SWIFT network. It is the slowest and most expensive way to send XOF.

Money transfer services often set minimum and maximum transfer limits.

These can vary significantly, so it’s worth checking what limits apply to transfers to Guinea-Bissau before proceeding.

Many other services allow you to set up scheduled, recurring transfers. Including multi-currency accounts, neo-banks, P2P apps, and even using Tether wallets.

This can be especially useful for regular financial commitments across borders.

The main currency used in Guinea-Bissau is XOF (CFA Franc BCEAO).

Generally, yes, you can send money to Guinea-Bissau but it depends on the service provider's network and any specific country restrictions they may have.

Most money transfer services offer tracking options through their websites or mobile apps, allowing you to monitor the status of your transfer to Guinea-Bissau.

Contact the customer support of the company used for the transfer. They can assist in troubleshooting and resolving any issues. If all fails, reach out to us and we will try to help.

No. MoneyTransfers.com is a comparison website aiming to match you with the best money transfer providers to transfer money online to Guinea-Bissau and many other countries.