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Send money from Mali to South Africa
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
Alternative for Mali to South Africa
While you can’t send XOF to ZAR with Wise, you can transfer USD to USD.
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
In our experience, there are always efficiencies to be made in how businesses manage international payments in and out.
Why not take our free FX health check test to see how effective your business is in managing these. It only takes a couple of minutes.
The best way to send money from Mali to South Africa is using PayPal P2P transfer service.
With P2P transfers, if you and your recipient both have the PayPal app, you can send money between them.
You will initiate the transfer in XOF and your recipient will receive the ZAR into their PayPal account.
The downside of this, is that PayPal charges higher fees and the withdrawal options can be limited depending.
Compare for the best deal on your Mali to South Africa transfer
Always compare rates
Don't spend more than you have to. Use our live comparison tool to compare rates on money transfers from Mali to South Africa.
Choose a provider
Pick the provider that offers you the best value & service for your needs for XOF to ZAR transfers.
Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be heading to South Africa.
Summary of recent searches
Transfer consider from Mali to South Africa
Compare available providers
A comparison of providers offering services between Mali and South Africa is paramount. Based on your specific transfer amount, the best way to send money to South Africa could change. Comparing ensures the best price for your needs.
For services allowing you to send CFA Franc BCEAO to South Africa we've compared 3 providers.
This coverage of the market ensure you will get the best options for your transfer to South Africa from Mali.
Overall, we rated Western Union Agent as the best, but remember comparing for your specific transfer gives you a comprehensive view of all the options for transferring money from Mali to South Africa.
Getting the best CFA Franc BCEAO-Rand exchange rate
Choose the right payment method
Financial regulators
Consider transfer limits
Consider how the money will be received
Have your ID ready
Tax declarations in South Africa
The cheapest way to send money to South Africa from Mali is using Western Union cash transfer service.
While online transfers are usually cheaper, there are very few providers offering XOF to ZAR transfers, making cash transfer through a Western Union Agent the most practical and affordable option available.
The overall cost of your transfer includes both the transfer fee (around 3 XOF per 150,000 XOF) and the exchange rate markup applied by Western Union.
These costs can vary depending on the branch location, payment method, and the amount you’re sending, so it’s always worth checking with your branch before making a transfer.
Fastest way to send money to South Africa from Mali : MoneyGram cash pickup
When speed is your priority, the quickest way to transfer money from Mali to South Africa is through a MoneyGram cash transfer.
In most cases, funds are available for pickup within minutes, allowing your recipient to collect ZAR almost instantly. Sometimes it can take a day or two, depending on the deposit method, branch, and the amount.
Given the limited online options for XOF to ZAR transfers, using MoneyGram’s cash pickup service remains the fastest and most dependable choice.
Need to make a large transfer?
Western Union Agent is the best option for large transfers of the 3 providers compared.
While Western Union Agent may not always be the cheapest or fastest way to send XOF from Mali to South Africa, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of sending money from Mali to South Africa
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from Mali to South Africa.
The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more Rand for your CFA Franc BCEAO. The current XOF-ZAR mid-market rate is 0.0305 ZAR per CFA Franc BCEAO.
This rate changes regularly so it can pay to track it. For comparison, the XOF-ZAR mid-market rate for the past 7 days has averaged 0.0303 ZAR per CFA Franc BCEAO, with a low of 0.0302 and a high of 0.0304.
Western Union Agent is currently offering the best exchange rate from the 3 companies compared.
Often the XOF-ZAR exchange rate you pay is the biggest cost factor when transferring CFA Franc BCEAOs to South Africa.
Fees: Money transfer fees are charged on top the exchange rate and can be set, or a percentage of the total amount of CFA Franc BCEAO you’re sending to South Africa. Western Union Agent currently has the lowest fees for transfers into ZAR of just 3 XOF. We always recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Rand is the biggest indicator of the total cost of sending money to South Africa from Mali. The bigger the amount received in South Africa, the lower the overall cost of sending from Mali.
Getting best exchange rate for transfers between CFA Franc BCEAO and Rand
Timing is essential for transferring money between XOF and ZAR. The exchange rate you secure impacts how much ZAR you get for your XOF.
The recent trends between the currencies are:
Over the past 7 days, the mid-market rate from XOF to ZAR has moved slightly. On average, it was 0.0303.
During this same period,there was a high of 0.0304, and a low of 0.0302.
Western Union Agent, which is our recommended service to send money online from Mali to South Africa offers 0.0288 ZAR per XOF which is only 5% above the mid-market rate.
Want to secure the best XOF-Rand exchange rates?
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How to pay for money transfers between Mali and South Africa
Bank transfers
Bank transfers are often fastest, cheapest and best way to send money from Mali to South Africa.
Using a money transfer company such as Western Union Agent for transfers from Mali to South Africa, will mean being able to send money via a bank transfer while benefiting from lower fees and more favorable exchange rates.
On average, Western Union Agent is the cheapest provider for bank transfers of the 3 we compared for transfers from XOF to South Africa.
To send money from Mali to South Africa, Western Union Agent has a fee of 3 XOF.
Debit cards and prepaid options
Sending money from Mali to South Africa with a debit card or a prepaid card is very simple with Western Union Agent.
Western Union Agent is the cheapest option for sending money with a debit card between Mali and South Africa. This is of the 3 money transfer companies offering debit card payments on this route.
Credit cards
When it comes to credit card transfers from Mali to South Africa, we recommend comparing your options to get the best deal.
Be aware of fees: 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 South Africa and Mali.
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 Mali to South Africa.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send XOF to ZAR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
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