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Send Money To Cameroon

This review looks at the various ways you can send money to Cameroon, what the recipients need to get the money, some considerations to make when transferring and other aspects you should look at.

Updated: 06/09/2022
Read time: 15 minutes
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How To Send Money To Cameroon

Sending money to Cameroon is simple and easy. Follow these steps to get started.

Step 1

Find a Trusted Provider

Our comparison table for sending money to internationally looks at your specific transfer needs to and from any country in the world. Use this to find a provider that provides the best all-round service for you.
Step 2

Register with your chosen provider

Most providers will be completely free to sign up to, simply requiring your name, address and contact information. In most cases, you’ll also need to upload a picture of a valid photo ID to verify your identity.
Step 3

Transfer Money

As soon as you're ready, you can start sending money online.

Ways To Send And Receive Money In Cameroon

There are multiple ways to easily send and receive money in Cameroon but these will largely depend on the provider you decide to use. Below you will find everything you need to know about best ways to send money to Cameroon.

Sending Money To Cameroon
Receiving Money In Cameroon

Ways to Send Money to Cameroon

Every week, thousands of people and businesses send money to Cameroon. All of them aggressively search and compare the options available for the best rates and fees before sending. You also need to do that and to start you off, check below for the best ways to send money to Cameroon.

Interbank Transfers

You can send money from your bank in the host country to a bank in Cameroon through wire transfer. Traditionally, banks have been trusted for their reliability and solid financials. For instance, when sending money from France to Cameroon, you can use banks such as Credit Agricole, BNP Paribas, La Banque Postale, and others.

When sending from the US, banks like Bank of America, JPMorgan Chase, Wells Fargo, and Citigroup are some of the prominent banks you can use. Many banks have online options you can transfer money to beneficiaries, but they require that the recipients have bank accounts as well.

Cameroonians with no access to banks in their host countries may find it difficult to use interbank transfers to send funds to their families back home. The fees banks charge for international transfers vary, but most of them charge up to $40 per transfer. The delivery times differ from 3 to 5 days.

Online Money Transfers

The advancement in technology has seen lots of money transfer operators venturing into the Cameroon transfer corridor. Providers such as WorldRemit, Azimo, Softeller, Monisnap, and PayTop are some of the frequently used in the France Cameroon route.

These money transfer providers require that you open an account with them, have it verified and funded before you can send to your recipients. The fees they charge vary from one provider to another. For instance, WorldRemit charges $6.99 to transfer $100 to Cameroon. For the same transfer, Xoom charges $4.99 to a cash pickup point.

The type of transfers you can make with online money transfers include:

  • Direct to bank transfers
  • Cash pickups
  • Mobile money

Some providers such as World Remit and Xoom allow you to top up the recipient mobile phones with airtime straight from their platforms. Xoom can reload MTN and Orange mobile phones.

Paying for your transfers is simple as all you need is to add your bank account, credit card or debit card onto the platform to enable you to pay. Cash pickups and mobile money take minutes to be delivered, but bank transfers can take anywhere from the same day to 3 days to be delivered.

The exchange rate markup these providers charge range from 0.5 to 3.5%. This is a much better deal than banks that charge upwards of 5%. Most providers have mobile apps you can download from Google Play or Play Store to help you send money and track your transfers on the go.

Instore Cash Transfer

Money transfer providers like Western Union, MoneyGram, Xpress Money, Moneyglobe, and Dahabshiil offer agent-based transfers. This means you have to walk to an agent, deposit the money, and let them send to your designated recipient.

Western Union and MoneyGram offer both internet-based and agent-based money transfer platforms. In fact, you can begin your transfer online and complete it at an agent. For the online services, the providers will require that you sign up for an account.

MoneyGram allows senders from the UK to pay for their transfers using debit or credit card, Sofort, or cash at the location. The payout option available is cash pickup and the money is available in minutes. The maximum you can send from the UK is 6,000 GBP.

When sending money through Western Union from the UK, you can pay for your transfer in cash, using a bank transfer, online bank transfer, or credit/debit card. The recipient can only get the money in cash and the maximum you can send is 4,485 GBP. Delivery time is in minutes.

Save for MoneyGram and Western Union, the other providers do not have mobile apps hence the inconvenience of having to locate a physical store to do your transfer.


If the recipient has a PayPal account, you can transfer money directly to their account. However, the recipient won’t be able to withdraw the money to a local bank, but they can use the PayPal balance to pay for products and services online.

What is Needed to Send Money to Cameroon

To send money to Cameroon, you will be asked to provide the following information:

  • A government-issued photo ID
  • The name of the recipient, their address and phone number
  • The recipient’s bank details if the transfer is to a bank account
  • The transfer payout method

When signing up for an online money transfer account, most of this information will be requested and verified. Once that is done, you won’t need most of it for your subsequent transfers.

Common Reasons for Sending Money to Cameroon

Most Cameroonians living or working abroad send money home for several reasons some of which are:

Family Support

Families, especially in rural Cameroon, are heavily dependent on aid and external support because of their economic marginalisation. Cameroonians in the diaspora who come from these areas often send money to support their families.

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Savings and Investments

Cameroon’s gross domestic savings as a percentage of GDP is about 17%. Part of the savings are inflows from the diaspora into savings vehicles in the country. The diaspora money is also targeting investments in real estate and financial assets.

saving money image

Education and Tuition expenses

School enrolments in Cameroon have always been below the 50% mark. While many factors contribute to this, the lack of finances has been key among them. Diaspora Cameroonians have been sending money to keep their siblings and even relatives in school.

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Income Repatriation

Cameroonians working and doing business abroad periodically repatriate their profits and incomes into the country. Geopolitical events also push some of them to find a safe haven for their hard-earned cash back at home.

sending money image

Mortgage Repayments

It is common for diaspora Cameroonians to have loan facilities either directly or through their families back home. Depending on the loan covenants and terms of repayment, part of the money that gets sent is used to repay the loans advanced.

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Why Send Money with a Money Transfer Service?

Online money transfer services offer unique advantages to Cameroonians sending money from abroad. Some of the benefits include:

Exchange Rate Margin

Providers charge margins as low as 0.5 to 3.5%. This means that the recipient will receive more money per unit of the host currency.

Transfer Fees

With fees as low as $2.99 you can make your transfers to any part of Cameroon. If you are not so much in a hurry to get you to transfer across, paying via bank is the best option for lower fees.

Transfer Speed

Money sent to Cameroon gets delivered quickly. Some of the transfers are instant while others take up to 3 days to get to the recipients. Compared to traditional channels that take up to 5 days, this timely delivery is a huge plus.

Ease of Set-Up

Signing up for an online money transfer account takes about 5 minutes as long as you have all the information requested. Most providers will also ask you to verify your account, an exercise that will take only 24 hours at most and you are set to send countless transfers.

Multicurrency Support

When sending money from different countries, it helps to get money transfer solutions that support both the host and destination currencies. Money transfer providers have strong sending and disbursing network coverages that support hundreds of currency pairs. For instance, Xendpay supports up to 2968 currency pairs.


Money transfer providers are regulated by bodies in the different countries they operate. Among the regulatory requirements is that they must put in place robust security measures to safeguard customer information and separate client funds from their business finances. Many of the providers have two-factor authentication systems, sever security protocols and encryption systems to ensure information transmission is secured.

Things to Consider When Sending Money to Cameroon

To ensure a smooth transfer when sending money to Cameroon, you should consider the following factors:

  • Cameroon Money Exchange Market regulations – The Ministry of Finance issued a communique that outlaws all non-authorised money exchange operations. Only 25 institutions are recognised and authorised to engage in money exchange operations.  
  • Scarcity of Foreign Currencies – Even with the favourable trade that the Central African Monetary and Economic Community (CEMAC) region enjoys, there has been some prolonged scarcity of foreign exchange. It is therefore important that when sending money, you insist on providers that will give your recipients the CFA franc.
  • Heavy Cash Dependence – Most Cameroonians prefer cash to electronic money. When making your transfer choose cash pickups because they are preferred more than bank deposits and mobile money especially when small amounts in the range of 200 to $ 500 are involved.

When armed with the right information, sending money to Cameroon is simple. You just need to ensure that the provider you use is reliable and has good network coverage in the area you are making the transfer to.

Your Questions Answered

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Looking to Send Money Somewhere Else? 

Sending money anywhere else in the world is as easy as sending money to Cameroon. If you’re looking to send money to another country, here is the list of the most popular destinations.

Jonathan Merry

Jonathan is the founder and editor of MoneyTransfers.com. Jonathan is highly experienced in the currency transfer market, having previously worked in the FX trading industry, alongside being an avid traveller. Using his knowledge he identified a need for transparency and further education to help people save money on their money transfers, leading to the creation of MoneyTransfers.com