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Best option: OFX
We tested & reviewed 3 money transfer providers, and OFX scored highly in each category.
Over the last six months, OFX appeared in 100% of Spain to Guinea-Bissau searches, and was the top rated company supporting money transfers between EUR and XOF.
For a great mix of cost, speed & features, transfer from Spain to CFA Franc BCEAO using OFX.
How to send money from Spain to Guinea-Bissau
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you get the best rates on converting into CFA Franc BCEAO from Spain.
- Choose a provider
Select the provider offering the best way to send to Guinea-Bissau based on your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your CFA Franc BCEAO will soon be on their way to Guinea-Bissau.
Summary of recent searches
Get the most from sending money from Spain to Guinea-Bissau
Comparing providers offering services between Spain and Guinea-Bissau based on your specific transfer amount, is the easiest way to get the best price on your transfer.
We cover the entire EUR-XOF market and have compared 3 providers offering services between Spain and Guinea-Bissau.
This ensures you will get the most comprehensive options for sending Euro to Guinea-Bissau.
Whilst we rate OFX as the best overall for transfers between the two countries, comparing gives you the best idea for your specific Spain to Guinea-Bissau transfer needs.
Cheapest way to send money from Spain to Guinea-Bissau: OFX
On average, OFX fees were 0* EUR per transfer and customers would expect an exchange rate between EUR-XOF that is 0.71% different to the mid-market rate
Against the others tested, OFX is 0.7% cheaper than the second-best option.
To secure a cheap way to transfer EUR to Guinea-Bissau, OFX is our recommendation.
*The most common fee applied to EUR-XOF by OFX, based on data from the past six months.
Fastest money transfers to Guinea-Bissau from Spain: OFX.
Through our research, we found OFX to be the quickest way to send EUR into CFA Franc BCEAO in 100% of instances. For fast transfers between EUR and XOF, OFX is generally a good option.
Money transfers from Spain to Guinea-Bissau through OFX have an average fee of 0 EUR.
To confirm that OFX was the 'fastest' option we compared 3 money transfer providers for overall speed of sending money from Spain to Guinea-Bissau. This was made up of depositing Euro to a money transfer account and transfer times to Guinea-Bissau.
When sending quickly is a priority, OFX is our recommended choice for sending into Guinea-Bissau from Spain.
Transfer a large amount of money
OFX is the strongest option for large transfers of the 3 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from Spain to Guinea-Bissau can become expensive through your bank or with the wrong provider.
Our data shows OFX as the best choice for sending large sums of money to Guinea-Bissau from Spain.
Understanding the cost of moving money to Guinea-Bissau from Spain
The total cost of money transfers to Guinea-Bissau from Spain, is a combination of exchange rates and fees. Sending with a company that can offer a good competitive rate and low (or no) fees is the best way to get a good deal.
The Mid-Market and Exchange Rates: The current mid-market for EUR-XOF is 658.2176 XOF per Euro.
Using a transfer company offering an exchange rate closer to this will result in being able to buy more CFA Franc BCEAO for your Euros.
On average for the last three months, the EUR-XOF mid-market rate has been 654.6361 XOF per Euro. This hit a high of 671.9006, and a low of 492.4053.
From the 3 companies compared, Remitly offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting EUR to XOF.
Fees: Some money transfers between Spain and Guinea-Bissau will be subject to fees. Remitly has had an average fee of 0 EUR per transfer over the last 6 months. Although, you should search for your send amount for actual fees as your scenario may be different.
Amount Received: Money transfer companies will show you the amount of CFA Franc BCEAO eventually received in Guinea-Bissau.
This number should guide you, as a higher amount of money received in Guinea-Bissau means a better overall cost of sending money from Spain.
Getting best exchange rate for transferring Euro to CFA Franc BCEAO
When transferring money between EUR and XOF, timing can make a huge difference. The exchange rate you secure impacts how much XOF you get for your EUR.
Let's dive into some interesting recent trends.
Over the past six months, the mid-market rate from EUR to XOF has fluctuated slightly. On average, it was 654.6361.
Across this six month period, the highest value recorded was 671.9006, while the lowest was 492.4053.
OFX, which is our recommended service to send money online from Spain to Guinea-Bissau offers an exchange rate that is only 0.71% above the mid-market rate.
Want to secure the best EUR-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 Spain to Guinea-Bissau!
Payment methods available to fund your Spain to Guinea-Bissau transfer
Bank transfers
Bank transfers are often the default option for sending money from Spain to Guinea-Bissau.
By using a money transfer company such as OFX for transfers from Spain to Guinea-Bissau, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, OFX is the cheapest provider for bank transfers from the 3 we tested when sending EUR to Guinea-Bissau.
With an average fee of EUR0 to send money from Spain to Guinea-Bissau, OFX offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Spain to Guinea-Bissau with a debit or a prepaid card is very simple with .
is a leader in debit card payments for transfers from Spain to Guinea-Bissau, competing among a total of 3 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Spain to Guinea-Bissau, emerges as our top choice of the 3 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Guinea-Bissau and Spain.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
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 Spain to Guinea-Bissau.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to XOF.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
