MoneyTransfers
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Find the best ways to transfer money to Cameroon

Compare money transfer deals for sending XAF.

Find the best, cheapest, and easiest ways to send money to Cameroon at the best XAF exchange rates.

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

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We found Wise to be the best way to send money to Cameroon.

After testing and reviewing 11 money transfer providers servicing Cameroon, Wise came out on top.

Wise appeared in 96.6% of searches for XAF transfers and was rated the best option among the 11 providers that support CFA Franc BEAC transfers.

Wise offers quick transfers, adds a -0.06% markup on XAF transfers, and costs $15.48 in fees.

This makes it the best option for a mix of cost, speed & features for XAF transfers.

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How to get the best rate when sending money to Cameroon

About money transfers to Cameroon

Top rated for transfers from United States to Cameroon
Wise
Total number of US - CM providers
11
Average cheapest fees & rate
WorldRemit
Average fastest transfer
MoneyGram
Average transfer time
Within minutes
Best for bank transfers
Revolut
Best for debit card
Wise
Best for credit card
Wise

Consider this before sending money to Cameroon

1
Compare providers

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

Our analysis included 11 providers that operate in Cameroon.

Through this, you get a comprehensive view of all the options you have when sending money to Cameroon.

2
Think about the CFA Franc BEAC exchange rates
3
Choose the right payment method
4
Consider transfer limits
5
Consider the speed
6
Ways you can send XAF to Cameroon
7
How to receive money in Cameroon
8
Have your documents ready
9
Don't forget about taxes

WorldRemit is the cheapest way to send money to Cameroon

Out of 11 companies analyzed, WorldRemit offers the cheapest XAF transfers.

In the past 6-months, WorldRemit appeared in 79.7% of our searches as the cheapest money transfer service. We found it to be % cheaper than the next best option.

WorldRemit charges $0 per transfer and adds a -0.08% markup on top of the CFA Franc BEAC exchange rate.

Bank transfer is the cheapest funding option when sending money to Cameroon. Pair it together with WorldRemit, to get the most out of your XAF transfer.

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The fastest way to send money to Cameroon: MoneyGram

Need money in Cameroon quickly? We recommend using MoneyGram.

Based on a $2,000 transfer and six months of comparison data for XAF transfers, MoneyGram appeared 30 times in our searches as the quickest option for sending XAF to Cameroon.

They charge $10.1 in fees and apply a 2% markup on the ‘real’ XAF rate. This is 0% cheaper than the second-best provider.

For the best balance between speed and cost, we suggest using a deposit for CFA Franc BEAC transfers.

Wise is the easiest way to send money to Cameroon

Use Wise for a good balance of convenience, speed, and cost.

Wise appeared 57 times in our searches involving Cameroon as the top-rated money transfer company.

Wise is very transparent with its fees, charging $15.48 and -0.06% markup on XAF transfers.

They offer multiple deposit options, have good customer service, and take less than 5 minutes to get started with.

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Making large money transfers to Cameroon

When sending large amounts of CFA Franc BEAC to Cameroon, it's important to consider factors like the limits, XAF rates, customer support, as well as legal and government-imposed restrictions in Cameroon.

Wise is our top recommendation for moving large amounts of XAF.

Whether you're purchasing property in Cameroon, need to pay tuition fees, have a wedding there, or transfer money for business in Cameroon, Wise will ensure a smooth and secure transaction.

Of all the companies we’ve tested and reviewed that specialize in large XAF transfers, Wise consistently ranked as the top-rated choice.

They charge $15.48 per transfer and apply -0.06% markup on top of the XAF exchange rate, making them perfect for moving big amounts.

Understanding the costs involved when moving money to Cameroon

When calculating the cost of money transfers to Cameroon, here's what really matters: the country of origin, amount, payment method, fees, and the markup on the XAF exchange rate.

Exchange rate markup

This is a percentage added on top of the "real" XAF rate (known as the mid-market rate).

Wise, for example, offers the best exchange rate. It adds -0.08% markup to the USD-XAF exchange rate (640.0018 XAF - -0.08% per US Dollar).

Transfer fees

These are fixed and/or percentage fees added for the service when sending money to Cameroon.

Let's imagine you want to send $2,000 from the US to Cameroon.

After analyzing 11 companies supporting CFA Franc BEAC, we found Remitly to offer the lowest fees ($0 in fees and 3.36% markup).

However, exact fees vary by deposit method and the service, for example:

  • Bank transfers vary from $0 to $10.1

  • Debit cards range from $16.03 to $16.03

  • Credit cards can go from $43.51 to $43.51

Live XAF Mid-Market Rate

Getting the best XAF rate when sending money to CFA Franc BEAC

The exchange rate is the value of the CFA Franc BEAC (XAF) compared to other currencies. Since it consistently moves up and down, sending at the high will give your receiver more XAF compared to the low.

Mid-market Rate
1 
=
640.001756 
XAF

In the past 6-months, the XAF exchange rate reached:

  • An average rate of 604.5452 CFA Franc BEAC per US Dollar

  • A high of 630.1977 XAF per USD

  • And a low of 585.2317 XAF per US Dollar

The XAF/USD exchange rate has seen some movements. Making a transfer when the rate is close to 630.1977 XAF/USD will result in more XAF received.

Wise is our top recommendation for sending CFA Franc BEAC, offering a markup of -0.06% which is 0% better than the next cheapest option.

Get notified when it’s the best time to transfer CFA Franc BEAC

Sign up for our rate alerts, and we’ll notify you when it’s the best time to send XAF!

Payment methods available for money transfers to Cameroon

The way you fund your transfer to Cameroon will impact the speed, cost, and amount of XAF your recipient receives.

  • Bank transfers

    Bank transfer deposits are a common and reliable funding method for sending XAF, offered by most services covering Cameroon.

    While bank transfers are typically more affordable, it may take up to 3 business days for the XAF to arrive in Cameroon.

    In our testing of 11 providers, Revolut appeared 53 times as the cheapest option for bank transfers to Cameroon, charging $0 per transfer with a 0.15% markup—% cheaper than the second-best alternative.

    Avoid using wire transfers to Cameroon over the SWIFT network, as they are slower and more expensive due to the bank intermediaries on the way to Cameroon. Instead, choose ACH or your local network option.

  • Credit cards

    A credit card deposit is another option for XAF transfers.

    Based on our comparison of 11 companies serving Cameroon, Wise offers the lowest fees for credit card transfers.

    CC deposits are usually more expensive when sending CFA Franc BEAC. Wise will charge $43.51 for a CC transfer vs Revolut charging just $Revolut with a bank transfer.

    Money transfer to Cameroon is an international transaction.

    Your credit card company may apply a cash advance fee and higher interest rates for international payments to Cameroon. We recommend avoiding credit cards when sending money to Cameroon.

  • Debit and prepaid cards

    Debit cards are typically faster but more expensive than bank deposits, with most XAF transfers completed within a few hours.

    We recommend using Wise for debit or prepaid card deposits.

    With Wise, you’ll pay a -0.06% markup on the XAF rate and $16.03 in fees when depositing money via the card. This is 0% cheaper than using the next cheapest option for transferring money to Cameroon.

How we analyze the market

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


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to find the best service for your needs when sending money to Cameroon

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

Money transfer company reviews

Staying safe when sending money to Cameroon

Making sure your funds are safe when transferring to Cameroon is really important. All the services supporting Cameroon that we recommend are safe and regulated.

Only send money to those you know and trust using a regulated money transfer company.

If you’re unsure about the financial regulators in your country or Cameroon, please refer to our directory of financial regulators.

FAQs

Find answers to the most common questions on our dedicated FAQ page.

How much money can I transfer to Cameroon, and are there any limits?
Are there tax implications when sending funds to Cameroon?
What are the typical fees and exchange rates for sending XAF?
How long will it take for my money to reach Cameroon?
Can I schedule regular XAF transfers?
What currency is used in Cameroon?
Can I send XAF from any country?
How can I track my money transfer to Cameroon, and what should I do if something goes wrong?
Is it better to use my bank for XAF transfers?
Can I use MoneyTransfers.com to money transfers?

Contributors

Artiom Pucinskij
Artiom Pucinskij is a seasoned financial content strategist who holds an impressive background in marketing from the University of Portsmouth. With years of dedicated experience in the personal finance and remittance sectors, Artiom has become an integral part of MoneyTransfers.com's growth.