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Find the best ways to transfer money from Senegal to Spain

Compare the best deals on transfers from Senegal 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 Senegal.

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Ria Money Transfer was the top rated provider from Senegal to Spain

"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."

Fees
$1 - $10
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
2 - 3%
Ria Money Transfer was the cheapest from Senegal to Spain

"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."

Fees
$1 - $10
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
2 - 3%
Ria Money Transfer was the fastest from Senegal to Spain

"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."

Fees
$1 - $10
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
2 - 3%
OFX was the best for large transfers from Senegal to Spain

"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.4% - 1.5%

Overall top choice: Ria Money Transfer

Ria Money Transfer is the best way to transfer CFA Franc BCEAO into Euro.

Of the 6 money transfer providers we tested and reviewed, Ria Money Transfer was a standout option for its combination of speed and cost.

Over the last six months, Ria Money Transfer appeared in 55.1% of searches for transfers between Senegal and Spain.

When sending money from Senegal to Spain, using Ria Money Transfer in a great option.

How to send money from Senegal to Spain

Summary of recent searches

Top rated for transfers from Senegal to Spain
Ria Money Transfer
Total number of SN - ES providers
6
Average cheapest fees & rate
Ria Money Transfer
Average fastest transfer
Ria Money Transfer
Average transfer time
Within minutes
Best for bank transfers
Ria Money Transfer
Best for debit card
Wise

Considerations to make sending money from Senegal to Spain easy

1
Compare providers

Comparing the different providers offering services between Senegal and Spain, is the best way to send money with confidence.

The 6 providers we've compared ensures you will get the best options for your transfer to Spain from Senegal. By taking the time to compare you can save yourself in the region of 3% of the total transfer amount.

Whilst we rate Ria Money Transfer as the best overall, comparing gives you a comprehensive view of all the options for transferring CFA Franc BCEAO to Spain.

2
Exchange rates between CFA Franc BCEAO-Euro
3
Choose the right payment method
4
Financial regulation in Senegal and Spain
5
Consider transfer limits
6
Receiving money in Spain
7
Have your ID ready
8
Tax declarations

Cheapest way to send money to Spain from Senegal: Ria Money Transfer

Of the 6 providers compared, Ria Money Transfer is the cheapest option for sending money over the last six months.

The cost is a combination of an average fee of 4* XOF and an exchange rate for converting CFA Franc BCEAO to Euro that is 2.8% different to the mid-market rate.

On average, Ria Money Transfer is 0% cheaper than the second-best option.

We would recommend Ria Money Transfer for low cost, affordable transfers from Euros to Spain.

*The most common fee applied to XOF-EUR by Ria Money Transfer, based on data from the past six months.

Fastest way to send money to Spain from Senegal: Ria Money Transfer

We compared 6 companies and found Ria Money Transfer offers the fastest money transfers between Senegal and Spain.

Our comparison shows Ria Money Transfer is the fastest option for sending CFA Franc BCEAO into Euro 92% of the time. For urgent XOF to EUR money transfers, they’re our recommended choice.

A XOF-Euro transfer through Ria Money Transfer comes with an average 4 XOF fee.

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

When speed is a priority, Ria Money Transfer is the top choice for sending into Spain from Senegal.

Transfer a large amount of money

To transfer large sums of money from Senegal to Spain, opt for a provider with a competitive exchange rate and hands on management.

Ria Money Transfer is the strongest option for large transfers of the
6 money transfer companies tested.

Whatever the reason is for the transfer, sending large amounts of money from Senegal to Spain can become expensive through your bank or with the wrong provider.

Our data shows Ria Money Transfer as the best choice for sending large sums of money to Spain from Senegal.

Understanding the cost of sending money to Spain from Senegal

The cost of sending money from Spain to Spain, 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-EUR is 0.0015 EUR per CFA Franc BCEAO.

  • Finding a provider offering an exchange as close to 0.0015 as possible will ensure more Euro received when transferring.

  • For context, the XOF-EUR mid-market rate for the past three months has averaged 0.0015 EUR per CFA Franc BCEAO. This includes a high of 0.0015, and low of 0.0015.

  • Ria Money Transfer currently offers the best exchange rate on transfers from Senegal to Spain.

For the most part the XOF-EUR exchange rate you receive is the biggest factor impacting the cost of sending XOF to Spain.

Fees: Outside of exchange rates, you may need to pay a fee to send. Ria Money Transfer currently offers the lowest fees on transfers to Spain from Senegal, averaging 4 XOF over the last 6 months. 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 Euro 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 EUR, paired with a low fee, means a higher total amount received in Spain.

Track the exchange rate for CFA Franc BCEAO to Euro

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

Mid-market Rate
1
= 0.001525 EUR

Over the last six months, the average numbers are:

  • The exchange rate from XOF to EUR averaged 0.0015 EUR.

  • The highest value recorded was 0.0015 EUR, while the lowest was 0.0015 EUR.

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

Want to secure the best XOF-Euro exchange rates?

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Payment methods for Senegal to
Spain transfers

  • Bank transfers

    Bank transfers are often the fastest option, and normally the cheapest, for sending money from Senegal to Spain.

    By opting for a money transfer company such as Ria Money Transfer for transfers from Senegal to Spain, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates. 


    On average, Ria Money Transfer is the cheapest provider for bank transfers from the 6 we tested when sending XOF to Spain.

    With an average fee of XOF4 to send money from Senegal to Spain, Ria Money Transfer offers a great combination of competitive exchange rates and lower fees.


  • Debit and prepaid card payments

    Using a debit card, or prepaid option, for sending money from Senegal to Spain is easy with Wise.


    Wise is a market leader in debit card payments for transfers from Senegal to Spain, this is among a total of 6 money transfer companies compared.

  • Credit card transfers

    When it comes to sending money with a credit card from Senegal to Spain, emerges as our top choice of the 6 companies offering this service.

    Fee alert: credit card money transfers often result in a cash advance fee being charged by your card issuer. We recommend bank transfer or debit card where possible.

How we analyze the market

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

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

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.