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How to Send Money from Cameroon to Canada

Get the best deals when you transfer from Cameroon to Canada. Find the cheapest, fastest, and most reliable providers with the best exchange rates.

Read on for the best deals, expert information, and all you need to send money to Canada from Cameroon.

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Overall best choice: Payoneer

Payoneer is our top pick for XAF to CAD transfers.

We tested & reviewed dozens of money transfer providers, and Payoneer scored highly.

Payoneer appeared in 80% of Cameroon to Canada searches, and was the top rated company out of 4 that support XAF to CAD.

So for a great mix of cost, speed & features, make your Cameroon to Canada transfer using Payoneer.

How to get the best deal on your Cameroon to Canada transfer

Summary of recent searches

Top rated for transfers from Cameroon to Canada
Payoneer
Total number of CM - CA providers
4
Average cheapest fees & rate
Average fastest transfer
Payoneer
Average transfer time
Within minutes
Best for bank transfers

Important things to consider before sending money from Cameroon to Canada

1
Compare providers

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

Our analysis included 4 providers that operate between Cameroon and Canada.

Through this, you get a comprehensive view of all the options you have in Cameroon when you need to send money to Canada.

2
Think about the Cameroon to Canada exchange rate
3
Choose the right payment method
4
Keep your money safe
5
Consider transfer limits
6
How to receive money in Canada
7
Have your ID ready
8
Don't forget about taxes

Cheapest way to send money to Canada from Cameroon: Multipass

Get the lowest fees with Multipass - the cheapest transfer service at just $0 per transaction*

Data collected over the past six months shows that Multipass is 0% cheaper than the second-best option.

The FCFA0 transfer cost represents the most common fee for XAF to CAD international transfers, based on data from the past six months.

If you want to secure the best rates on a XAF to Canada transfer, make sure you pick Multipass to send your money online.

*The most common fee applied to XAF-CAD by Multipass, based on data from the past six months.

Fastest way to send money from Cameroon to Canada: Payoneer

Need to send money fast? Pick Payoneer and get your funds from Cameroon to Canada at speed.

Our data shows that Payoneer came up as the fastest way to send money from Cameroon to Canada in 80% of searches. This makes them well suited to urgent XAF to CAD money transfers.

The 'fastest' way to send money is defined by the overall speed of sending money from Cameroon to Canada - this includes deposit, transfer and withdrawal timeframes and often differs per currency. 


When speed matters, Payoneer is your best choice at the moment. This service emerged as the quickest way to send money to Canada from Cameroon in 80% of the searches on MoneyTransfers.com over the past six months.

Need to send a big amount?

For those big moves, competitive pricing & strong customer service are key.

Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Payoneer.


While Payoneer may not always be the cheapest or fastest way to send XAF from Cameroon to Canada, it’s the provider that will keep you safe and relaxed while your money moves into CAD.

Understanding the costs involved when moving money from Cameroon to Canada

When calculating the costs of money transfers between Cameroon and Canada, here's what really matters:

The Mid-Market Rate: Today, the XAF-CAD mid-market rate equals 0.0023 CAD per CFA Franc BEAC.

The XAF-CAD average exchange rate for the past three months has been 0.0023 CAD per CFA Franc BEAC, with a high of 0.0023 and a low of 0.0022.

When looking to send money, we'd recommend Revolut. On average Revolut is 1.42% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from XAF to CAD.

How to find the best exchange rate for Cameroon to Canada

Timing is essential for sending money between XAF and CAD. The exchange rate you secure impacts how much CAD you get for your XAF.

Mid-market Rate
1
= 0.00225 CAD

Let's dive into some interesting recent trends.

  • Over the past six months, the exchange rate from XAF to CAD has seen some fluctuation. On average, it stood at 0.0023.

  • During this period, the highest value recorded was 0.0023, while the lowest was 0.0022.

  • Payoneer, which is our recommended service to send money online from Cameroon to Canada offers an exchange rate that is only 1.42% above the mid-market rate.

Want to secure the best XAF-Canadian Dollar exchange rates?

Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Cameroon to Canada!

Payment methods available to fund your Cameroon to
Canada transfer

  • Bank transfers

    Bank transfers are often the default option for sending money from Cameroon to Canada.

    By using a money transfer company such as Multipass for transfers from Cameroon to Canada, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates. 


    On average, Multipass is the cheapest provider for bank transfers from the 4 we tested when sending XAF to Canada.

    With an average fee of XAF0 to send money from Cameroon to Canada, Multipass offers a great combination of competitive exchange rates and lower fees.


  • Debit and prepaid cards

    Sending money from Cameroon to Canada with a debit or a prepaid card is very simple with .


    is a leader in debit card payments for transfers from Cameroon to Canada, competing among a total of 4 active money transfer companies on this route.

  • Credit card

    When it comes to credit card transfers from Cameroon to Canada, emerges as our top choice of the 4 companies offering this service.

    Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.

What payment methods are available when sending money from Cameroon to
Canada?

  • Sending bank transfers from Cameroon to Canada

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

    If you want to send CFA Franc BEACs to Canada 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 Cameroon to Canada 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 BEACs to Canada 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 Cameroon to Canada by payment apps

    If you’d like to send money from Cameroon to Canada 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 Cameroon to Canada.

    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 Canada in Canadian Dollar 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 Cameroon to Canada 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 XAF to CAD 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 XAF to CAD is 0.0023

How we Analyze the Market

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


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 Cameroon to Canada.


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


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

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Contributors

Keith Hodges
Keith is a digital specialist with a background in the financial industry, both as a marketeer and a journalist. Keith joined MoneyTransfers.com in order to take the business to the next level and expand our offering in multiple international money transfer markets.
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