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Compare the best money transfer service from Senegal to South Africa

Find the best deals when you transfer from Senegal to South Africa. Get insights on the fastest, cheapest, and providers with the best XOF to ZAR exchange rates.

Read on to get the best value, expert information, and analysis on ways to send money to South Africa from Senegal.

Transferring the other way? Send ZAR from South Africa to Senegal instead.
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Overall best option: OFX

OFX is our recommended company for sending money to South Africa from XOF.

Of the 6 companies that support XOF to ZAR, OFX offered the best combination of cost and speed.

Overall, OFX appeared in 87.5% of Senegal 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.

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Compare for the best deal on your Senegal to South Africa transfer

Summary of recent searches

Top rated for transfers from Senegal to South Africa
OFX
Total number of SN - ZA providers
6
Average cheapest fees & rate
OFX
Average fastest transfer
OFX
Average transfer time
Within minutes
Best for bank transfers
OFX

Transfer consider from Senegal to South Africa

1
Compare available providers

A comparison of providers offering services between Senegal 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 Senegal.

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 Senegal to South Africa.

2
Getting the best CFA Franc BCEAO-Rand exchange rate
3
Choose the right payment method
4
Financial regulators
5
Consider transfer limits
6
Consider how the money will be received
7
Have your ID ready
8
Tax declarations in South Africa

Cheapest way to send money from Senegal to South Africa: OFX

We compared 6 money transfer companies and OFX offers the cheapest transfer service between Senegal and South Africa.

On average, OFX fees were 0* XOF per transfer and customers would expect an exchange rate between XOF-ZAR that is -0.65% different to the mid-market rate

Against the others tested, OFX is 0% cheaper than the second-best option.

To secure a cheap way to transfer XOF to South Africa, OFX is our recommendation.

*The most common fee applied to XOF-ZAR by OFX, based on data from the past 7 days.

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Fastest way to send money to South Africa from Senegal: OFX

We compared 6 companies and found OFX offers the fastest money transfers between Senegal and South Africa.

Our comparison shows OFX is the fastest option for sending CFA Franc BCEAO into Rand 62.5% of the time. For urgent XOF to ZAR money transfers, they’re our recommended choice.

A XOF-Rand transfer through OFX comes with an average 0 XOF fee.

To ensure OFX was the 'fastest' option we compared 6 providers. This comparison was for overall speed of sending money from Senegal to South Africa and is a combination of depositing CFA Franc BCEAO, transfer times to South Africa and withdrawal timeframes where applicable.

When speed is a priority, OFX is the top choice for sending into South Africa from Senegal.

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Need to make a large transfer?

For big transfers between Senegal and South Africa, competitive pricing & strong customer service are key.

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 Senegal to South Africa, it's a great provider for larger transfers for things like buying or selling property.

Understanding the cost of sending money to South Africa from Senegal

The cost of sending money from South Africa to South Africa, is made-up of a combination of fees and exchange rates:

The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from XOF-ZAR is 0.031 ZAR per CFA Franc BCEAO.

  • Finding a provider offering an exchange as close to 0.031 as possible will ensure more Rand received when transferring.

  • For context, the XOF-ZAR mid-market rate for the past 7 days has averaged 0.0304 ZAR per CFA Franc BCEAO. This includes a high of 0.0333, and low of 0.0286.

  • OFX currently offers the best exchange rate on transfers from Senegal to South Africa.

For the most part the XOF-ZAR exchange rate you receive is the biggest factor impacting the cost of sending XOF to South Africa.

Fees: Outside of exchange rates, you may need to pay a fee to send. OFX currently offers the lowest fees on transfers to South Africa from Senegal, averaging 0 XOF over the last 7 days. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.

Amount Received: The amount received in Rand is the amount you started with, minus the amount you paid in the exchange and fees.

The better deal you get on exchanging CFA Franc BCEAOs to ZAR, paired with a low fee, means a higher total amount received in South Africa.

Track the exchange rate for CFA Franc BCEAO to Rand

Sending money at the right time between XOF and ZAR can make a huge difference to overall cost. The exchange rate impacts how much ZAR you get for your XOF.

Mid-market Rate
1 
=
0.030965 
ZAR

Over the last 7 days, the average numbers are:

  • The exchange rate from XOF to ZAR averaged 0.0304 ZAR.

  • The highest value recorded was 0.0333 ZAR, while the lowest was 0.0286 ZAR.

  • 6 providers currently offer transfers between Senegal and South Africa close to this rate

Want to secure the best XOF-Rand exchange rates?

Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Senegal to South Africa!

Payment options for transfers from Senegal to
South Africa

  • Bank transfers

    Bank transfers are often the fastest and cheapest way to send money from Senegal to South Africa.

    Using a money transfer company such as OFX for payments from Senegal to South Africa, means you can send via a bank transfer and benefit from lower fees and more favorable exchange rates than you would get with a traditional bank. 



    OFX is the best money transfer provider for bank transfers of the 6 we compared when sending XOF to South Africa.

    With an average fee of 0 XOF to transfer money from Senegal to South Africa, OFX offers a great combination of competitive exchange rates and lower fees.


  • Prepaid and debit cards

    Sending money with a debit card from Senegal to South Africa is easy with .


    is a leader in debit card money transfers from Senegal to South Africa. They are the best option of the 6 transfer companies compared.

  • Credit cards

    Not many money transfer companies offer direct credit card deposits, because it is more expensive for everyone.

    We recommend using a bank transfer or a debit card transfer if you can; otherwise, make a quick comparison to find the latest deal.

    Fee alert: using a credit card to transfer money internationally 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 Senegal.


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 Senegal 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

How much money can be transferred from Senegal to South Africa?
Are there any tax implications to sending money from Senegal to South Africa?
Can I send money from Senegal to South Africa with MoneyTransfers.com?
What are the typical transfer fees for sending CFA Franc BCEAOs to South Africa through various providers?
How long does it take to send money from Senegal to South Africa?
What is the best exchange rate I can get for sending money from Senegal to South Africa?
Are there any minimum or maximum transfer amounts for sending money from Senegal to South Africa?
Can I schedule regular transfers between Senegal and South Africa?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.
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