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

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

Sending $7,000 with TapTap Send gets your recipient 4,123,000 XOF at 589.0000 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 Mali 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 = 588.2635 XOF +0.27% vs mid-market Recipient gets F CFA 4,117,844.50 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 USD = 588.2635 XOF
F CFA 4,117,844.50You pay$7,000.00

Run a live search

Showing top United States to Mali deals for 7,000 USD. Do a live search with your exact amount for today's best rates.

TapTap Send

Pay via Debit card
Fee $0.00 1 USD = 589.0000 XOF +0.15% vs mid-market Recipient gets F CFA 4,123,000.00 Minutes
CheapestFastest
Receive to bank account

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

MethodFee & ratesRecipient gets
Mobile moneyMinutesAvailable via:Malitel, Orange, SAMA Money
Free1 USD = 589.0000 XOF
F CFA 4,123,000.00You pay$7,000.00
Cash pickupMinutesAvailable via:Wari
Free1 USD = 589.0000 XOF
F CFA 4,123,000.00You pay$7,000.00
Mobile walletMinutesAvailable via:Wave
Free1 USD = 589.0000 XOF
F CFA 4,123,000.00You pay$7,000.00
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee $0.00 1 USD = 588.2635 XOF +0.27% vs mid-market Recipient gets F CFA 4,117,844.50 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 USD = 588.2635 XOF
F CFA 4,117,844.50You pay$7,000.00
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee $0.99 1 USD = 587.5940 XOF +0.38% vs mid-market Recipient gets F CFA 4,113,158.00 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Mobile walletMinutes - 24 hoursAvailable via:Select Wallets
$0.991 USD = 587.5940 XOF
F CFA 4,113,158.00You pay$7,000.99
Cash pickupMinutes - 24 hours
$14.991 USD = 572.3973 XOF
F CFA 4,006,781.10You pay$7,014.99
Bank depositMinutes - 24 hoursAvailable via:All Banks
$1.991 USD = 558.7902 XOF
F CFA 3,911,531.40You pay$7,001.99
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee $105.00 1 USD = 587.5940 XOF +0.38% vs mid-market Recipient gets F CFA 4,113,158.00 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Mobile walletMinutes - 24 hoursAvailable via:Select Wallets
$105.001 USD = 587.5940 XOF
F CFA 4,113,158.00You pay$7,105.00
Cash pickupMinutes - 24 hours
$3.991 USD = 572.4008 XOF
F CFA 4,006,805.60You pay$7,003.99
Bank depositMinutes - 24 hoursAvailable via:All Banks
$105.001 USD = 558.7902 XOF
F CFA 3,911,531.40You pay$7,105.00
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee $210.00 1 USD = 587.5940 XOF +0.38% vs mid-market Recipient gets F CFA 4,113,158.00 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Mobile walletMinutes - 24 hoursAvailable via:Select Wallets
$210.001 USD = 587.5940 XOF
F CFA 4,113,158.00You pay$7,210.00
Cash pickupMinutes - 24 hours
$179.991 USD = 572.3973 XOF
F CFA 4,006,781.10You pay$7,179.99
Bank depositMinutes - 24 hoursAvailable via:All Banks
$177.991 USD = 558.7902 XOF
F CFA 3,911,531.40You pay$7,177.99
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
Recommended
Receive to bank account or cash pickup

Ways to receive money in Mali 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

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 Mali 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 Mali 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 Cash deposit
Fee $60.79 1 USD = 574.4260 XOF +2.65% vs mid-market Recipient gets F CFA 4,020,982.00 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
$60.791 USD = 574.4260 XOF
F CFA 4,020,982.00You pay$7,060.79
Only available via Mobile App

Sendwave

Pay via Debit card
Fee $0.00 1 USD = 567.8163 XOF +3.81% vs mid-market Recipient gets F CFA 3,974,714.24 Minutes - 3 days
Receive to bank account or cash pickup

Ways to receive money in Mali with Sendwave when paying by debit card.

MethodFee & ratesRecipient gets
Mobile moneyMinutes - 3 days
Free1 USD = 567.8163 XOF
F CFA 3,974,714.24You pay$7,000.00

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 Mali 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 = 589.8561 XOF Updates every 60 minutes.

How to send money from US to Mali

Pick a company

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

TapTap Send was the cheapest on 10 of the 30 days it quoted $7,000 transfers to Mali.

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 Mali, including debit card, bank transfer, 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 Mali?

How much USD you send to Mali 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 TapTap Send was the cheapest in 42% of the transfers from $5,000 it quoted, and in 40% of all the transfers it quoted.

Cheapest service
$5000.14%$0.00F CFA 294,500.00with debit card to mobile money+F CFA 9,528.74
$2,0000.17%$0.00F CFA 1,178,000.00with debit card to mobile money+F CFA 42,038.24
$5,0000.14%$0.00F CFA 2,945,000.00with debit card to mobile money+F CFA 80,088.69
$7,000This page0.15%$0.00F CFA 4,123,000.00with debit card to mobile money+F CFA 62,132.87
$10,0000.09%$0.00F CFA 5,890,000.00with debit card to mobile money+F CFA 93,400.06
$50,0000.09%$0.00F CFA 29,450,000.00with debit card to mobile money+F CFA 398,436.20
$100,0000.10%$0.00F CFA 58,900,000.00with debit card to mobile money+F CFA 793,118.11
$250,0000.16%$0.00F CFA 147,250,000.00with debit card to mobile money+F CFA 1,556,981.62

Mid-market rate: 1 USD = 589.8561 XOF

USD/XOF Exchange Rate History

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

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 TapTap Send), across 30 days of comparisons for 7,000 USD transfers to Mali.

XOF received for $7,000, after fees

Wed, Oct 28, 2026Mid-market rateF CFA 4,128,992.78 TapTap Send F CFA 4,123,000.00TapTap SendF CFA 4,123,000.00Regency FXF CFA 4,117,844.50MoneyGramF CFA 4,113,158.00

3.95M
4.00M
4.05M
4.10M
4.15M
At the mid-market rateWith the cheapest optionTapTap SendRegency FXMoneyGram
Exchange rateFeeRecipient getsDifference
Mid-market rate 577.3861 – F CFA 4,041,702.95
Regency FX Cheapest 575.8272 $0.00 F CFA 4,030,790.35 −F CFA 10,912.60
MoneyGram 570.7339 $0.99 F CFA 3,995,137.30 −F CFA 46,565.65
TapTap Send 568.2000 $0.00 F CFA 3,977,400.00 −F CFA 64,302.95
Exchange rateFeeRecipient getsDifference
Mid-market rate 577.8721 – F CFA 4,045,104.99
Regency FX Cheapest 576.3119 $0.00 F CFA 4,034,183.20 −F CFA 10,921.79
MoneyGram 572.5312 $1.99 F CFA 4,007,718.40 −F CFA 37,386.59
TapTap Send 568.2000 $0.00 F CFA 3,977,400.00 −F CFA 67,704.99
Exchange rateFeeRecipient getsDifference
Mid-market rate 579.6100 – F CFA 4,057,269.81
Regency FX Cheapest 578.0450 $0.00 F CFA 4,046,315.18 −F CFA 10,954.63
MoneyGram 571.3347 $0.99 F CFA 3,999,342.90 −F CFA 57,926.91
TapTap Send 568.2000 $0.00 F CFA 3,977,400.00 −F CFA 79,869.81
Exchange rateFeeRecipient getsDifference
Mid-market rate 582.8376 – F CFA 4,079,863.50
Regency FX Cheapest 581.2640 $0.00 F CFA 4,068,847.87 −F CFA 11,015.63
MoneyGram 575.9947 $0.99 F CFA 4,031,962.90 −F CFA 47,900.60
TapTap Send 571.0000 $0.00 F CFA 3,997,000.00 −F CFA 82,863.50
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
MoneyGram 577.0741 $0.99 F CFA 4,039,518.70 −F CFA 38,600.69
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
MoneyGram 577.0741 $0.99 F CFA 4,039,518.70 −F CFA 38,600.69
TapTap Send 571.0000 $0.00 F CFA 3,997,000.00 −F CFA 81,119.39
Exchange rateFeeRecipient getsDifference
Mid-market rate 586.1642 – F CFA 4,103,149.65
Regency FX Cheapest 584.5816 $0.00 F CFA 4,092,071.15 −F CFA 11,078.50
MoneyGram 577.0741 $0.99 F CFA 4,039,518.70 −F CFA 63,630.95
TapTap Send 571.0000 $0.00 F CFA 3,997,000.00 −F CFA 106,149.65
Exchange rateFeeRecipient getsDifference
Mid-market rate 585.0546 – F CFA 4,095,382.24
Regency FX Cheapest 583.4750 $0.00 F CFA 4,084,324.71 −F CFA 11,057.53
MoneyGram 579.1763 $0.99 F CFA 4,054,234.10 −F CFA 41,148.14
TapTap Send 574.0000 $0.00 F CFA 4,018,000.00 −F CFA 77,382.24
Exchange rateFeeRecipient getsDifference
Mid-market rate 584.1692 – F CFA 4,089,184.13
Regency FX Cheapest 582.5919 $0.00 F CFA 4,078,143.34 −F CFA 11,040.79
MoneyGram 577.3153 $1.99 F CFA 4,041,207.10 −F CFA 47,977.03
TapTap Send 574.0000 $0.00 F CFA 4,018,000.00 −F CFA 71,184.13
Exchange rateFeeRecipient getsDifference
Mid-market rate 586.3142 – F CFA 4,104,199.48
Regency FX Cheapest 584.7312 $0.00 F CFA 4,093,118.14 −F CFA 11,081.34
MoneyGram 579.7373 $1.99 F CFA 4,058,161.10 −F CFA 46,038.38
TapTap Send 577.0000 $0.00 F CFA 4,039,000.00 −F CFA 65,199.48
Exchange rateFeeRecipient getsDifference
Mid-market rate 584.1888 – F CFA 4,089,321.27
Regency FX Cheapest 582.6114 $0.00 F CFA 4,078,280.10 −F CFA 11,041.17
MoneyGram 580.4792 $0.99 F CFA 4,063,354.40 −F CFA 25,966.87
TapTap Send 580.0000 $0.00 F CFA 4,060,000.00 −F CFA 29,321.27
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
MoneyGram 580.6054 $0.99 F CFA 4,064,237.80 −F CFA 33,872.40
TapTap Send 580.0000 $0.00 F CFA 4,060,000.00 −F CFA 38,110.20
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
MoneyGram 580.6054 $0.99 F CFA 4,064,237.80 −F CFA 33,872.40
TapTap Send 580.0000 $0.00 F CFA 4,060,000.00 −F CFA 38,110.20
Exchange rateFeeRecipient getsDifference
Mid-market rate 585.4742 – F CFA 4,098,319.25
Regency FX Cheapest 583.8934 $0.00 F CFA 4,087,253.78 −F CFA 11,065.47
MoneyGram 580.6054 $0.99 F CFA 4,064,237.80 −F CFA 34,081.45
TapTap Send 580.0000 $0.00 F CFA 4,060,000.00 −F CFA 38,319.25
Exchange rateFeeRecipient getsDifference
Mid-market rate 586.2927 – F CFA 4,104,048.96
Regency FX Cheapest 584.7097 $0.00 F CFA 4,092,968.02 −F CFA 11,080.94
MoneyGram 580.6053 $0.99 F CFA 4,064,237.10 −F CFA 39,811.86
TapTap Send 579.0000 $0.00 F CFA 4,053,000.00 −F CFA 51,048.96
Exchange rateFeeRecipient getsDifference
Mid-market rate 585.5332 – F CFA 4,098,732.69
Regency FX Cheapest 583.9523 $0.00 F CFA 4,087,666.11 −F CFA 11,066.58
MoneyGram 580.5221 $0.99 F CFA 4,063,654.70 −F CFA 35,077.99
TapTap Send 579.0000 $0.00 F CFA 4,053,000.00 −F CFA 45,732.69
Exchange rateFeeRecipient getsDifference
Mid-market rate 584.7988 – F CFA 4,093,591.68
Regency FX Cheapest 583.2199 $0.00 F CFA 4,082,538.99 −F CFA 11,052.69
MoneyGram 580.5899 $0.99 F CFA 4,064,129.30 −F CFA 29,462.38
TapTap Send 580.0000 $0.00 F CFA 4,060,000.00 −F CFA 33,591.68
Exchange rateFeeRecipient getsDifference
Mid-market rate 583.7690 – F CFA 4,086,383.29
MoneyGram Cheapest 585.6010 $0.99 F CFA 4,099,207.00 +F CFA 12,823.71
TapTap Send 585.0000 $0.00 F CFA 4,095,000.00 +F CFA 8,616.71
Regency FX 582.1929 $0.00 F CFA 4,075,350.06 −F CFA 11,033.23
Exchange rateFeeRecipient getsDifference
Mid-market rate 583.7388 – F CFA 4,086,171.78
TapTap Send Cheapest 587.5000 $0.00 F CFA 4,112,500.00 +F CFA 26,328.23
MoneyGram 586.2751 $0.99 F CFA 4,103,925.70 +F CFA 17,753.93
Regency FX 582.1627 $0.00 F CFA 4,075,139.11 −F CFA 11,032.67
Exchange rateFeeRecipient getsDifference
Mid-market rate 583.7388 – F CFA 4,086,171.78
TapTap Send Cheapest 587.5000 $0.00 F CFA 4,112,500.00 +F CFA 26,328.23
MoneyGram 586.2751 $0.99 F CFA 4,103,925.70 +F CFA 17,753.93
Regency FX 582.1627 $0.00 F CFA 4,075,139.11 −F CFA 11,032.67
Exchange rateFeeRecipient getsDifference
Mid-market rate 585.1529 – F CFA 4,096,070.45
TapTap Send Cheapest 587.5000 $0.00 F CFA 4,112,500.00 +F CFA 16,429.55
MoneyGram 586.2751 $0.99 F CFA 4,103,925.70 +F CFA 7,855.25
Regency FX 583.5730 $0.00 F CFA 4,085,011.06 −F CFA 11,059.39
Exchange rateFeeRecipient getsDifference
Mid-market rate 584.0180 – F CFA 4,088,126.07
MoneyGram Cheapest 585.6031 $0.99 F CFA 4,099,221.70 +F CFA 11,095.63
TapTap Send 585.0000 $0.00 F CFA 4,095,000.00 +F CFA 6,873.93
Regency FX 582.4412 $0.00 F CFA 4,077,088.13 −F CFA 11,037.94
Exchange rateFeeRecipient getsDifference
Mid-market rate 584.3590 – F CFA 4,090,513.27
MoneyGram Cheapest 585.6017 $0.99 F CFA 4,099,211.90 +F CFA 8,698.63
TapTap Send 585.0000 $0.00 F CFA 4,095,000.00 +F CFA 4,486.73
Regency FX 582.7813 $0.00 F CFA 4,079,468.89 −F CFA 11,044.38
Exchange rateFeeRecipient getsDifference
Mid-market rate 583.6968 – F CFA 4,085,877.80
TapTap Send Cheapest 588.2000 $0.00 F CFA 4,117,400.00 +F CFA 31,522.20
MoneyGram 585.5837 $0.99 F CFA 4,099,085.90 +F CFA 13,208.10
Regency FX 582.1208 $0.00 F CFA 4,074,845.93 −F CFA 11,031.87
Exchange rateFeeRecipient getsDifference
Mid-market rate 585.8025 – F CFA 4,100,617.84
TapTap Send Cheapest 588.2000 $0.00 F CFA 4,117,400.00 +F CFA 16,782.16
MoneyGram 584.6936 $0.99 F CFA 4,092,855.20 −F CFA 7,762.64
Regency FX 584.2209 $0.00 F CFA 4,089,546.17 −F CFA 11,071.67
Exchange rateFeeRecipient getsDifference
Mid-market rate 585.5534 – F CFA 4,098,873.86
TapTap Send Cheapest 588.2000 $0.00 F CFA 4,117,400.00 +F CFA 18,526.14
MoneyGram 586.2730 $0.99 F CFA 4,103,911.00 +F CFA 5,037.14
Regency FX 583.9724 $0.00 F CFA 4,087,806.90 −F CFA 11,066.96
Exchange rateFeeRecipient getsDifference
Mid-market rate 585.5534 – F CFA 4,098,873.86
TapTap Send Cheapest 588.2000 $0.00 F CFA 4,117,400.00 +F CFA 18,526.14
MoneyGram 586.2730 $0.99 F CFA 4,103,911.00 +F CFA 5,037.14
Regency FX 583.9724 $0.00 F CFA 4,087,806.90 −F CFA 11,066.96
Exchange rateFeeRecipient getsDifference
Mid-market rate 585.4152 – F CFA 4,097,906.68
TapTap Send Cheapest 587.0000 $0.00 F CFA 4,109,000.00 +F CFA 11,093.32
MoneyGram 586.2730 $0.99 F CFA 4,103,911.00 +F CFA 6,004.32
Regency FX 583.8346 $0.00 F CFA 4,086,842.33 −F CFA 11,064.35
Exchange rateFeeRecipient getsDifference
Mid-market rate 587.8620 – F CFA 4,115,034.20
TapTap Send Cheapest 587.0000 $0.00 F CFA 4,109,000.00 −F CFA 6,034.20
MoneyGram 586.3992 $0.99 F CFA 4,104,794.40 −F CFA 10,239.80
Regency FX 586.2748 $0.00 F CFA 4,103,923.61 −F CFA 11,110.59
Exchange rateFeeRecipient getsDifference
Mid-market rate 589.8561 – F CFA 4,128,992.78
TapTap Send Cheapest 589.0000 $0.00 F CFA 4,123,000.00 −F CFA 5,992.78
Regency FX 588.2635 $0.00 F CFA 4,117,844.50 −F CFA 11,148.28
MoneyGram 587.5940 $0.99 F CFA 4,113,158.00 −F CFA 15,834.78

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 11 of the last 30 days.

Right now, TapTap Send pays 4,123,000 XOF on 7,000 USD, which is 5,992.78 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 Mali.

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

  1. TapTap SendAppeared in 207 comparisons

    Cheapest in 40% of them

  2. Regency FXAppeared in 116 comparisons

    Cheapest in 41% of them

  3. MoneyGramAppeared in 207 comparisons

    Cheapest in 31% 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 TapTap Send is the cheapest and gets you the most XOF, but it was the cheapest in only 40% of the 207 comparisons it appeared in over the past month.

Regency FX (today's second cheapest) was the cheapest in only 41% of its comparisons, so it's rarely the cheapest option for transfers to Mali.

If it's a one-off transfer, go with TapTap Send, since it's the cheapest right now.

Ways to send money from the US to Mali

There are 6 companies available for sending money from the US to Mali, across app, broker, online, 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 0.15% 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 4,113,158 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 Mali.

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

On a $7,000 transfer, you will get 4,113,158 XOF after a $0.99 fee and 0.38% markup.

In our comparisons over the past month, it was the cheapest online service on 28 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 Mali (e.g. a property purchase, tuition, or moving to Mali), 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.

Ways to fund USD and receive XOF in Mali

With TapTap Send, paying by debit card and receiving through mobile money is the cheapest combination. Sending $7,000 gives your recipient 4,123,000 XOF.

Deposit USD by debit card, bank transfer, 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 Mali.

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 4,113,158 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 Mali.

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

They can collect cash in Mali

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

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

  1. 1
    Debit card Mobile money

    You pay $7,000.00

    CFA4,123,000

    Cheapest

  2. 2
    Debit card Cash pickup

    You pay $7,000.00

    CFA4,123,000

    CFA0

  3. 3
    Debit card Mobile wallet

    You pay $7,000.00

    CFA4,123,000

    CFA0

  4. 4
    Bank transfer Bank deposit

    You pay $7,000.00

    CFA4,117,845

    -CFA5,156

  5. 5
    Bank transfer Mobile wallet

    You pay $7,105.00

    CFA4,113,158

    -CFA9,842

Show moreShow less
  1. 6
    Credit card Mobile wallet

    You pay $7,210.00

    CFA4,113,158

    -CFA9,842

  2. 7
    Debit card Bank deposit

    You pay $7,000.00

    CFA4,028,704

    -CFA94,296

  3. 8
    Cash deposit Cash pickup

    You pay $7,060.79

    CFA4,020,982

    -CFA102,018

  4. 9
    Bank transfer Cash pickup

    You pay $7,003.99

    CFA4,006,806

    -CFA116,194

  5. 10
    Credit card Cash pickup

    You pay $7,179.99

    CFA4,006,781

    -CFA116,219

  6. 11
    Credit card Bank deposit

    You pay $7,000.00

    CFA3,927,481

    -CFA195,519

Things to consider before sending USD to Mali

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 Mali

The cheapest option is TapTap Send, funded by debit card with mobile money for the payout. Your recipient gets 4,123,000 XOF, which is 0.13% more than the next best option.

Fastest way to send money to Mali

The fastest option is TapTap Send. Pay by debit card and choose mobile money for the payout. Your recipient gets 4,123,000 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 Mali?

For transfers over $10,000, TapTap Send is the best option.

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

While TapTap Send 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 Mali 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.