Overall best choice: OFX
We tested & reviewed 11 best money transfer providers to Ivory Coast, and OFX scored the highest.
OFX appeared in 76.7% of XOF searches, and was the best way to send money to Ivory Coast out of 11 that support CFA Franc BCEAO transfers.
So for a great mix of cost, speed & features, make your Ivory Coast transfer using OFX via Bank transfer.
How to get the best rate for money transfers to Ivory Coast
Understanding money transfers to Ivory Coast
Always compare your transfer options to Ivory Coast, don't settle for the most popular choice.
Almost all services supporting CI will include the fees and the markup on the ‘real’ XOF rate.
It will heavily depend on your deposit method, delivery options, the amount of XOF you send, and your location.
Our comparison includes 11 providers offering money transfer services to Ivory Coast.
The cheapest way to send money to Ivory Coast: Revolut
From the 11 companies tested in the past 6 months, Revolut consistently offers the cheapest money transfer XOF to Ivory Coast.
Revolut appeared in 53.1% of our searches as the most cost-effective option, being 0.9% cheaper than the second cheapest provider.
Revolut charges $0 per transfer to Ivory Coast and applies a 0.14% markup on the XOF exchange rate.
For the best value, use a Bank transfer deposit to maximize the amount of XOF received.
The fastest way to send money to Ivory Coast: Ria Money Transfer
Based on a $2,000 transfer and six months of comparison data for XOF transfers, Ria Money Transfer appeared 13 times in our searches as the quickest option for sending XOF to Ivory Coast.
They charge $4 in fees and apply a 2.8% markup on the ‘real’ XOF rate. This is 0% cheaper than the second-best provider.
For the best balance between speed and cost, we suggest using a deposit for CFA Franc BCEAO transfers.
The easiest way to send money to Ivory Coast: OFX
OFX ranked as the top-rated money transfer provider in 76.7% of searches related to Ivory Coast based on 6 months of comparison data from MoneyTransfers.com.
They offer transparent fees, charging $0 per transfer with 0% markup added to the XOF rate.
Getting started with OFX takes less than 3 minutes, making it a fast, affordable, and user-friendly choice for sending CFA Franc BCEAO.
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 XOF, it’s the provider that will keep you safe and relaxed while your money moves into Ivory Coast.
Understand the costs of money transfers to Ivory Coast
The cost of sending XOF depends on where you're sending from, the amount of XOF sent, deposit and delivery methods, transfer fees, and the markup applied to the XOF mid-market rate.
For example, if you're transferring $2,000 from the US to Ivory Coast, you can expect the following:
Transfer fees to Ivory Coast
Depending on the service you use to send CFA Franc BCEAO, transfer fees can be percentage-based, fixed, or a combination of both.
Xoom charges only $0 per transfer based on our analysis of 11 services supporting XOF transfers in November 2024.
Markup on XOF exchange rate
A markup is a percentage added to the XOF mid-market rate by a money transfer service (or a bank).
Revolut offers the best XOF exchange rates by applying a 0.15% markup on the USD-XOF rate. This means for every US Dollar sent, you receive 615.0472 XOF minus 0.15% deducted from it.
Funding transfer to Ivory Coast
How you fund your transfer to Ivory Coast can impact the cost:
Bank transfers typically have the lowest fees, often costing up to $0 per transfer.
Debit cards may cost up to $0 per transfer.
Credit cards may come with cash advance fees, and increased rates, and can cost as much as $0 per transfer to Ivory Coast.
Overall, Bank transfer is the cheapest funding method for XOF transfers.
Getting the best XOF rate when sending money to CFA Franc BCEAO
The exchange rate is the value of the CFA Franc BCEAO (XOF) compared to other currencies. Since it consistently moves up and down, sending at the high will give your receiver more XOF compared to the low.
In the past 6-months, the XOF exchange rate reached:
An average rate of 604.0017 CFA Franc BCEAO per US Dollar
A high of 622.0255 XOF per USD
And a low of 586.9073 XOF per US Dollar
The XOF/USD exchange rate has seen some movements. Making a transfer when the rate is close to 622.0255 XOF/USD will result in more XOF received.
OFX is our top recommendation for sending CFA Franc BCEAO, offering a markup of 0% which is 0% better than the next cheapest option.
Get notified when it’s the best time to transfer CFA Franc BCEAO
Sign up for our rate alerts, and we’ll notify you when it’s the best time to send XOF!
Top payment methods to use for transfers to Ivory Coast
Money transfer companies will offer different ways to fund your transfer to Ivory Coast. Depending on the service used, deposit options can affect the speed, the cost of your transfer, and the amount of XOF received.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available in Ivory Coast.
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 to Ivory Coast.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to find the best service for your needs when sending money to Ivory Coast
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Related transfer routes
Send money from Ivory Coast
Staying safe with money transfers to Ivory Coast
The key to the safety of your funds is to only transfer CFA Franc BCEAO to those you know and trust, as well as using a regulated money transfer company.
All the money transfer services to Ivory Coast we recommend are safe and regulated by financial bodies.
If you're unsure about the key regulatory authorities in Ivory Coast or your home country, refer to our directory of financial regulators.
FAQs
Find answers to the most common questions on our dedicated FAQ page.