Overall top choice: Airwallex
Of the 4 money transfer providers we tested and reviewed, Airwallex was a standout option for its combination of speed and cost.
Over the last six months, Airwallex appeared in 100% of searches for transfers between Guinea-Bissau and Spain.
When sending money from Guinea-Bissau to Spain, using Airwallex in a great option.
How to to send from Guinea-Bissau to Spain in the best way
Considerations to make sending money from Guinea-Bissau to Spain easy
Comparing the different providers offering services between Guinea-Bissau and Spain, is the best way to send money with confidence.
The 4 providers we've compared ensures you will get the best options for your transfer to Spain from Guinea-Bissau. By taking the time to compare you can save yourself in the region of 3% of the total transfer amount.
Whilst we rate Airwallex as the best overall, comparing gives you a comprehensive view of all the options for transferring CFA Franc BCEAO to Spain.
Cheapest way to send money to Spain from Guinea-Bissau: Airwallex
The cost is a combination of an average fee of 0* XOF and an exchange rate for converting CFA Franc BCEAO to Euro that is 1.65% different to the mid-market rate.
On average, Airwallex is 0.7% cheaper than the second-best option.
We would recommend Airwallex for low cost, affordable transfers from Euros to Spain.
*The most common fee applied to XOF-EUR by Airwallex, based on data from the past six months.
Fastest way to transfer money to Spain from Guinea-Bissau: Airwallex.
Through our data, we found Airwallex to be the fastest option for sending money from Guinea-Bissau into Euro in 100% of occasions. For fast XOF to EUR money transfers, Airwallex comes highly recommended.
Guinea-Bissau to Spain transfers with Airwallex have an average fee of 0 XOF.
To test that Airwallex was the 'fastest' option we compared 4 providers. With this, we compared overall speed of sending money from Guinea-Bissau to Spain made up of depositing CFA Franc BCEAOs, to a money transfer account and transfer times to Spain.
When sending at speed is a priority, Airwallex is our recommended choice for sending into Spain from Guinea-Bissau.
Transfer a large amount of money
Airwallex is the strongest option for large transfers of the 4 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from Guinea-Bissau to Spain can become expensive through your bank or with the wrong provider.
Our data shows Airwallex as the best choice for sending large sums of money to Spain from Guinea-Bissau.
Understanding the cost of sending money from Guinea-Bissau to Spain
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from Guinea-Bissau to Spain.
The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more Euro for your CFA Franc BCEAO. The current XOF-EUR mid-market rate is 0.0015 EUR per CFA Franc BCEAO.
This rate changes regularly so it can pay to track it. For comparison, the XOF-EUR mid-market rate for the past three months has averaged 0.0015 EUR per CFA Franc BCEAO, with a low of 0.0015 and a high of 0.0015.
Payoneer is currently offering the best exchange rate from the 4 companies compared.
Often the XOF-EUR exchange rate you pay is the biggest cost factor when transferring CFA Franc BCEAOs to Spain.
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 Spain. Airwallex currently has the lowest fees for transfers into EUR 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 Euro is the biggest indicator of the total cost of sending money to Spain from Guinea-Bissau. The bigger the amount received in Spain, the lower the overall cost of sending from Guinea-Bissau.
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.
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 0.0015, with a low of 0.0015.
Airwallex, which is our recommended service to send money online from Guinea-Bissau to Spain offers an exchange rate that is only 1.65% above the mid-market rate.
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Payment methods for Guinea-Bissau to Spain transfers
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.