Send money to Cameroon

Compare your options to save money on international transfers to Cameroon.

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WorldRemit

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  • Use promo code 3FREE to get three free transfers
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There are a number of options when it comes to sending your money to Cameroon, but not all of them will give your recipient as many francs on the other end.

Compare your options before making a transfer to see how much money you might be able to save.

Compare services that send money to Cameroon from the UK

Table: sorted by a combination of service offering and the amount your recipient will receive

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
GBP 50 Same day GBP 2.99 708.342 XAF
706,224
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
An online money transfer service with cash pick-up, bank account to bank account and airtime transfers available.
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GBP 10 Within an hour GBP 2.00 711.705 XAF
710,282
First two transfers free for new customers.
Instant or 1 hour transfers to over 50 countries, send money directly to bank accounts or over 280,000 cash pickup points.
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GBP 1 1 - 2 days GBP 1.99 706.196 XAF
704,790
Special offers like free transfers and better exchange rates available for new customers.
Quick, affordable transfers around the world with both express and economy options.
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Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

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Step-by-step: How to send money to Cameroon

  1. Compare your options for sending pounds to XAF and choose the one that’s best for you.
  2. Go to the service’s website and create an account.
  3. Enter the details of your transfer and make your payment.

What’s the best way to send money to Cameroon?

You can look at different services depending on whether you want it fast, cheap or convenient.

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Banks

You may be able to go to your bank to send money to Cameroon. It’s convenient, but it will also be slow and expensive and you may not be able to get the desired currency.

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Cash transfers

Some services let you send money to Cameroon for a cash pick-up. It’s fast but expensive.

Blue icon representing money transfers Image: Infogram

Money transfer services

An online money transfer with a specialist service is usually the best value for money, but it can be a bit slower.

Let’s crunch the numbers: Sending £1,000 to Cameroon

Here’s how much it would cost to send £1,000 to Cameroon with a cash transfer and with a money transfer service, so you can see how much a difference it makes.

Rates and fees are current as of 3 September 2019.

Cash transferMoney transfer service
Fee£14.90£0.95
Exchange rate1 GBP = 691.9142 XAF1 GBP = 698.97 XAF
Transfer speedIn minutesWithin hours
Amount receivedXAF691,815.00XAF698,970.00
Receiver getsXAF 7,155 lessXAF 7,155 more

Using a cash transfer service is faster, but also more expensive. By using an online money transfer service instead, your recipient would get XAF7,155 more on a transfer of £1,000.

What’s the fastest way to send money to Cameroon?

If you want to send money to Cameroon as fast as possible, cash transfer services can get it there within minutes.

If you’re in a hurry, but also want to save money, you can look for a high-speed online transfer option.

Emergency cash transfer

Emergency cash transfers are offered by services including Western Union and MoneyGram and can get your money to Cameroon in just a few minutes, although these are usually more expensive than bank transfers.

The recipient will have to pick it up from a specified location though and it will usually have to be within business hours for the agent at the destination.

How to send money to Cameroon without a bank account

Neither you nor the recipient needs a bank account for you to send money to Cameroon.

You can pay with cash at MoneyGram or Western Union agents in the UK if you don’t have a bank account.

If your recipient doesn’t have a bank account, you can request a cash pick-up or choose other options such as a mobile airtime top-up.

What to watch out for

With the aim of making foreign investment easier, Cameroon enjoys a highly developed banking sector on top of its mobile money network and numerous cash pick-up agents.

Keep in mind that Cameroon’s currency is pegged to the euro at a rate of 1 EUR = 654.59 XAF. This means that factors that affect the euro affect the Central African CFA franc (XAF) as well.

Documentation you’ll need to send money to Cameroon

You will need to provide documentation to send money to Cameroon. This may include the following:

  • Identification. You will need to have documents such as a driver’s licence to show who you are.
  • Transfer amount. You need to say how much you want to transfer and in which currencies.
  • Recipient’s details. You will also need to provide the recipient’s details, such as their name.
  • Reason for sending the money. In some situations, you will be required to say why you’re sending the money.

What to compare to get the best deal

If you’re having trouble deciding which money transfer service to use, here are some aspects to consider:

  • Fees. How much does the service cost in up-front fees?
  • Exchange rates. What kind of exchange rates are you getting? Better rates can save a lot of money.
  • Transfer speed. How long will the transfer take to arrive? If you’re in a hurry, you may want to look for a faster option.
  • Payment options. Consider the different options for making your payment, such as by bank transfer or in cash, and make sure it works for you.
  • Delivery methods. Does the recipient want a cash pick-up? A bank transfer? Mobile airtime top-up?
  • Customer service. Where do you turn if something goes wrong, and are they able to help?

Foreign exchange rates explained

The foreign exchange rate is how much one currency is officially worth in another currency.

By knowing the mid-market foreign exchange rate for your destination country’s currency, you get a benchmark to consider when comparing quotes from different money transfer services.

Here are the current mid-market rates for Cameroon. See how close you can get with a money transfer service to find the best rates.

Today’s exchange rate GBP to XAF

1
0
Updated: 23 Sep 2020 14:11:28 UTC

Cash pick-up locations in Cameroon

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