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Nigeria to Cameroon money transfers compared

Compare the best deals on sending money from Nigeria to Cameroon. Get insights on the cheapest, fastest, and most reliable providers with the best NGN to XAF exchange rates.

Read on for the insights, analysis, and all you need to know about money transfers to Cameroon from Nigeria.

Transferring the other way? Send XAF from Cameroon to Nigeria instead.
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Our recommendation: Western Union

Western Union is our top choice for NGN to XAF transfers.

We tested & reviewed 4 money transfer providers offering money transfers from Nigeria to Cameroon, and Western Union scored highly.

In total, Western Union appeared in 40% of Nigeria to Cameroon searches, and was the top rated company supporting transfers between NGN and XAF.

For a great mix of cost, speed & features, we recommend making your Nigeria to Cameroon transfer using Western Union.

Getting the best deal on your Nigeria to Cameroon transfer

Summary of recent searches

Top rated for transfers from Nigeria to Cameroon
Western Union
Total number of NG - CM providers
4
Average cheapest fees & rate
Average fastest transfer
Payoneer
Best for bank transfers

Understanding Nigeria to Cameroon money transfers

1
Comparing providers

Comparing providers when sending money from Nigeria to Cameroon is the easiest way to make a transfer at the best price.

We’ve compared 4 providers for sending Naira to Cameroon. This ensures you will get the best options for your transfer to Cameroon from Nigeria.

We rate Western Union as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Nigeria to Cameroon.

2
Get ahead of the Naira-CFA Franc BEAC exchange rate
3
Choosing the right payment method
4
Financial regulators in Nigeria and Cameroon
5
Consider transfer limits
6
Receiving money in Cameroon
7
Have your ID ready
8
Tax declarations

Cheapest way to send money from Nigeria to Cameroon: Multipass

The combination of the lowest fees and best exchange rate is through Multipass. This makes them our cheapest transfer service of the 4 compared for sending Naira to Cameroon.

Our data shows, over the past six months, that Multipass is 0.7% than the second-best option when sending via a bank transfer.

This measure includes an average fee of 0* NGN and a NGN-XAF exchange rate for international transfers that is 0.5% different to the mid-market rate.

Securing the best rates on a NGN to Cameroon transfer can be done with Multipass but you can always search for your specific amount.

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

Fastest way to send money to Cameroon from Nigeria: Payoneer

We compared 4 companies and found Payoneer offers the fastest money transfers between Nigeria and Cameroon.

Our comparison shows Payoneer is the fastest option for sending Naira into CFA Franc BEAC 66.7% of the time. For urgent NGN to XAF money transfers, they’re our recommended choice.

A NGN-CFA Franc BEAC transfer through Payoneer comes with an average 0 NGN fee.

To ensure Payoneer was the 'fastest' option we compared 4 providers. This comparison was for overall speed of sending money from Nigeria to Cameroon and is a combination of depositing Naira, transfer times to Cameroon and withdrawal timeframes where applicable.

When speed is a priority, Payoneer is the top choice for sending into Cameroon from Nigeria.

Transferring large sums of money

For transfers of larger amounts of CFA Franc BEACs to Cameroon picking a provider with a competitive exchange rate and hands on management can make a huge difference.

Of the
4 money transfer companies tested, Western Union is the strongest option for large transfers from Nigeria to Cameroon.

Reasons for sending large sums of money vary and include business or property purchases. But whatever the reason, sending large amounts of money from Nigeria to Cameroon can become expensive through your bank or with the wrong provider.

Western Union is our choice for sending large sums of money to NGN because they offer a strong all-round product.

Understanding the costs involved when transferring money to Cameroon from Nigeria

When calculating the cost of sending money from Nigeria to Cameroon, a combination of fees and exchange rates ensure the best deal:

The Mid-Market and Exchange Rates: The current NGN-XAF mid-market rate is 0.3713 XAF per Naira. Finding a provider as close to this number as possible will ensure more CFA Franc BEAC for your money.

  • As a comparison, the NGN-XAF mid-market rate for the past three months has averaged 0.377 XAF per Naira, hitting a high of 0.4271 and a low of 0.3521.

  • Multipass is currently offering the best exchange rate on transfers between Nigeria and Cameroon.

  • Often the NGN-XAF exchange rate you receive will be the biggest factor impacting the cost of sending Naira to Cameroon.

Fees: Transfer fees are charged on top of a transfer. Multipass currently offers lowest fees, at an average of 0 NGN over the last 6 months. Although, we recommend searching for your exact send amount for an exact fee.

Amount Received: The total amount received in CFA Franc BEAC is the biggest indicator in the total cost of sending money to Nigeria from Cameroon. The higher the total amount received in Cameroon, the lower the cost of sending from Nigeria.

Track the exchange rate for Naira to CFA Franc BEAC

Sending money at the right time between NGN and XAF can make a huge difference to overall cost. The exchange rate impacts how much XAF you get for your NGN.

Mid-market Rate
1
= 0.371329 XAF

Over the last six months, the average numbers are:

  • The exchange rate from NGN to XAF averaged 0.377 XAF.

  • The highest value recorded was 0.4271 XAF, while the lowest was 0.3521 XAF.

  • 4 providers currently offer transfers between Nigeria and Cameroon close to this rate

Want to secure the best NGN-CFA Franc BEAC exchange rates?

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Payment options for transfers from Nigeria to
Cameroon

  • Bank transfers

    Bank transfers are often the fastest and cheapest way to send money from Nigeria to Cameroon.

    Using a money transfer company such as Multipass for payments from Nigeria to Cameroon, means you can send via a bank transfer and benefit from lower fees and more favorable exchange rates than you would get with a traditional bank. 



    Multipass is the best money transfer provider for bank transfers of the 4 we compared when sending NGN to Cameroon.

    With an average fee of 0 NGN to transfer money from Nigeria to Cameroon, Multipass offers a great combination of competitive exchange rates and lower fees.


  • Prepaid and debit cards

    Sending money with a debit card from Nigeria to Cameroon is easy with .


    is a leader in debit card money transfers from Nigeria to Cameroon. They are the best option of the 4 transfer companies compared.

  • Credit cards

    When it comes to credit card transfers from Nigeria to Cameroon, is the top choice of the 4 companies offering this service.

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

How we analyze the market

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


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 Nigeria to Cameroon.


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


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

Money transfer company reviews

How much money can be transferred from Nigeria to Cameroon?
Are there any tax implications to sending money from Nigeria to Cameroon?
Can I send money from Nigeria to Cameroon with MoneyTransfers.com?
What are the typical transfer fees for sending Nairas to Cameroon through various providers?
How long does it take to send money from Nigeria to Cameroon?
What is the best exchange rate I can get for sending money from Nigeria to Cameroon?
Are there any minimum or maximum transfer amounts for sending money from Nigeria to Cameroon?
Can I schedule regular transfers between Nigeria and Cameroon?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.