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Overall best option: OFX
Of the 6 companies that support XOF to ZAR, OFX offered the best combination of cost and speed.
Overall, OFX appeared in 100% of Mali to South Africa searches, consistently scoring as one of the best ways to send XOF to ZAR.
So for a great mix of cost, speed & features, send CFA Franc BCEAOs to South Africa using OFX.
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
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 6 providers.
This coverage of the market ensure you will get the best options for your transfer to South Africa from Mali.
Overall, we rated OFX 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.
Cheapest way to send money from Mali to South Africa: OFX
Data collected for transfers between Mali and South Africa over the past six months shows that OFX is 0% cheaper than the second-best option.
This cost combines an average exchange rate between the CFA Franc BCEAO and Rand that is -0.16% different to the mid-market rate and an average fee of 0* XOF.
*The most common fee applied to XOF-ZAR by OFX, based on data from the past six months.
Fastest way to send money to South Africa from Mali: OFX.
In our comparison, we found OFX to be the fastest way to send CFA Franc BCEAOs to Rand in 100% of transfers. For quick transfers between XOF and ZAR, OFX comes highly recommended.
Sending money from Mali to South Africa through OFX has an average fee of 0 XOF.
To find the fastest company, we compared 6 money transfer providers for the overall speed of sending money from Mali to South Africa. This was made up of depositing CFA Franc BCEAO to a money transfer account and transfer times to South Africa.
When looking for the fastest money transfer, OFX is our best choice for sending into South Africa from Mali.
Need to make a large transfer?
OFX is the best option for large transfers of the 6 providers compared.
While OFX 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 three months has averaged 0.0293 ZAR per CFA Franc BCEAO, with a low of 0.0286 and a high of 0.0298.
OFX is currently offering the best exchange rate from the 6 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. OFX currently has the lowest fees for transfers into ZAR at an average of 0 XOF over the last 6 months. 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 six months, the mid-market rate from XOF to ZAR has moved slightly. On average, it was 0.0293.
During this same period,there was a high of 0.0298, and a low of 0.0286.
OFX, which is our recommended service to send money online from Mali to South Africa offers an exchange rate that is only -0.16% above the mid-market rate.
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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 OFX for transfers from Mali to South Africa, will mean being able to 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 of the 6 we compared for transfers from XOF to South Africa.
To send money from Mali to South Africa, OFX has an average fee of 0 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 .
is the cheapest option for sending money with a debit card between Mali and South Africa. This is of the 6 money transfer companies offering debit card payments on this route.
Credit cards
When it comes to credit card money transfers from Mali to South Africa, emerges as our top choice of the 6 companies offering this service.
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 document.
Money transfer company reviews
