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Online money transfer companies will typically be your cheapest option to send money to Chad, but cash delivery can have your money there in a few hours. Converting US dollars to Central African XAF franc doesn’t have to be expensive, so keep the process simple by comparing your money transfer options.
Online money transfer providers typically offer the strongest exchange rates and lowest fees on money transfers to Chad. Some offer cash pickup in as little as a few minutes, while others transfer to bank accounts.
Digital money transfer service | Cash transfer | Bank transfer | |
---|---|---|---|
Fee | $0 | $4 | $25 + additional correspondent bank fees |
Exchange rate | 1 USD = 540.284 XAF | 1 USD = 541.917 XAF | 1 USD = 514.458 XAF |
Transfer speed | 1-2 days | Minutes | 2-5 days |
Amount received | XAF$540,284 | XAF$539,755 | XAF$501,597 |
Verdict |
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The bank option ends up being the slowest and gets the smallest amount of money to your recipient in Chad. A digital transfer sends the most, which is XAF$38,687 more than the bank. For speed, a cash transfer can typically have your transfer to Chad in as little as 15 minutes. Make sure there's a cash pickup location near your recipient before sending.
Sign up and send money to Chad with a digital money transfer specialist in four steps:
Weigh costs and fees against convenience to best compare money transfer providers that send to Chad. Consider:
Sending money to relatives or family members in Chad may be subject to taxes on the money transfer and certain documents may be required.
In general, any large transfers being sent from the US to Chad should be filed with the IRS to avoid any penalties.
To pick up money in person, documentation may include:
Sending your hard-earned money to Chad shouldn't cost a fortune. Compare money transfer companies that specialize in foreign transactions for the strongest rates, lowest fees and flexible delivery. For transfers to other countries, rely on our country specific guides the next time you need to make a transfer.
To send money from the US to Chad, you'll need documentation and details that include:
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