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Find the best ways to transfer money from Guinea-Bissau to Spain

Compare the best deals on transfers from Guinea-Bissau to Spain. Explore the cheapest, fastest, and most reliable providers with the best XOF to EUR exchange rates.

Read on for the insights and in-depth analysis, and all you need to send money to Spain from Guinea-Bissau.

Transferring the other way? Send EUR from Spain to Guinea-Bissau instead.
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How to send money from Guinea-Bissau to Spain

Sending money from Guinea-Bissau to Spain doesn’t have a huge amount of options. Because of this, we would recommend sending money via:

How to to send from Guinea-Bissau to Spain in the best way

Sending money from Guinea-Bissau to Spain: key insights and tips

1
Compare all the options

Don't settle for the first option. Always compare ways to send money from Guinea-Bissau to Spain to find out about fees, speed, and reliability.

Your analysis should include all the providers that operate between Guinea-Bissau and Spain. Through this, you get a comprehensive view of all the options you have in Guinea-Bissau when you need to send money to Spain.

2
Think about the CFA Franc BCEAO-Euro exchange rate
3
Keep your money safe
4
Consider transfer limits
5
How to receive money in Spain
6
Have your ID ready
7
Don't forget about taxes

Cheapest way to send money from Guinea-Bissau to Spain

Without any money transfer providers serving the Guinea-Bissau to Spain route, the cheapest money transfer options are limited.

We would recommend using:

Understanding the costs involved when moving money from Guinea-Bissau to Spain

When calculating the costs of money transfers between Guinea-Bissau and Spain, here's what really matters:

The Mid-Market Rate: Today, the XOF-EUR mid-market rate equals to 0.0015. Keep in mind that this rate fluctuates all the time.

The XOF-EUR average exchange rate of the past three months has been 0.0015, with a highest of 0.002 and a lowest of 0.0015.

Fees and Markups: When you pick a service with competitive exchange rates and low fees, you get to make the most out of your XOF to EUR transfers. This strategy keeps your costs down, offering a smart way to handle your international transactions.

Getting the best exchange rate for CFA Franc BCEAO to Euro

Tracking the mid-market rate can make a huge difference when sending money XOF to EUR. The exchange rate you secure impacts how much EUR you get for your XOF.

Mid-market Rate
1
= 0.001524 EUR

Here's some data on recent trends in the mid-market rate.

  • Over the past six months, the interbank rate from XOF to EUR has seen some fluctuation. On average, it has been 0.0015.

  • During this period, the highest value level was 0.002, with a low of 0.0015.

  • , which is our recommended service to send money online from Guinea-Bissau to Spain offers an exchange rate that is only % above the mid-market rate.

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What payment methods are available when sending money from Guinea-Bissau to
Spain?

  • Sending bank transfers from Guinea-Bissau to Spain

    Bank transfers are the most common way of sending XOF to Spain as they are secure, reliable, and convenient.

    If you want to send CFA Franc BCEAOs to Spain via bank transfer, you can use your bank where no provider is available, but it will likely be at a bad exchange rate.

  • Sending money from Guinea-Bissau to Spain by credit card

    Credit card payments are quick, convenient, and typically more secure than other methods, thanks to backing by the issuing party. Some users may even be able to rack up reward points when making large transactions.

    If you want to send CFA Franc BCEAOs to Spain with a credit card.

    Note: Beware of charges

    Credit card payments are often classified as cash advances, which bring their own charges, as well as currency conversion and usage fees. Forgetting to pay your balance can also result in high interest charges, and can even damage your credit score.

  • Sending money from Guinea-Bissau to Spain by payment apps

    If you’d like to send money from Guinea-Bissau to Spain via payment app, follow these steps:

    1. Download the app and register. Download the app from the App Store or Google Play. You’ll need to register to be able to open an account. Make sure the app services transfers from Guinea-Bissau to Spain.

    2. Enter your details. Enter any of the details required. You may need a valid form of ID.

    3. Start your transfer. Enter the details of your recipient. Some apps will require full payment details, while others allow you to pay with just an email address. You may need to state that you’re planning to send money to Spain in Euro at this stage.

    4. Check the details. It’s vital that you check the details you’ve added to make sure everything is correct. It can be very difficult to reverse a transfer, and most payment apps don’t let you cancel a transfer from Guinea-Bissau to Spain after it’s been sent.

    5. Send the money. Your app will probably charge a fee for the transfer. They may also add a markup to the XOF to EUR exchange rate. Check the rate they’re offering against the mid-market rate to make sure you’re getting a good deal.

    The current mid-market rate of XOF to EUR is 0.0015

How we analyze the market

We track the cost, speed, and product offerings of the leading money transfer services available between Spain and Guinea-Bissau.


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 Guinea-Bissau to Spain.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send XOF to EUR.


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

Money transfer company reviews

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Are there any minimum or maximum transfer amounts for sending money from Guinea-Bissau to Spain?
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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.