Overall best option: Wise
Of the 13 companies that support EUR to XAF, Wise offered the best combination of cost and speed.
Overall, Wise appeared in 100% of Spain to Cameroon searches, consistently scoring as one of the best ways to send EUR to XAF.
So for a great mix of cost, speed & features, send Euros to Cameroon using Wise.
Getting the best deal on your Spain to Cameroon transfer
Considerations for money transfers from Spain to Cameroon
Comparing providers offering services between Spain and Cameroon, based on your specific needs is the best way to send money with confidence.
Our comparison includes 13 companies that provide the ability to send Euro to Cameroon.
This ensures you get the best options for transfers to Cameroon from Spain, based on the amount you want to send.
Cheapest way to send money to Cameroon from Spain: Dahabshiil
The cost is a combination of an average fee of 0* EUR and an exchange rate for converting Euro to CFA Franc BEAC that is -2.66% different to the mid-market rate.
On average, Dahabshiil is 0% cheaper than the second-best option.
We would recommend Dahabshiil for low cost, affordable transfers from CFA Franc BEACs to Cameroon.
*The most common fee applied to EUR-XAF by Dahabshiil, based on data from the past six months.
Fastest way to send money to Cameroon from Spain: TransferGo
Our comparison shows TransferGo is the fastest option for sending Euro into CFA Franc BEAC 70.6% of the time. For urgent EUR to XAF money transfers, they’re our recommended choice.
A EUR-CFA Franc BEAC transfer through TransferGo comes with an average 0 EUR fee.
To ensure TransferGo was the 'fastest' option we compared 13 providers. This comparison was for overall speed of sending money from Spain to Cameroon and is a combination of depositing Euro, transfer times to Cameroon and withdrawal timeframes where applicable.
When speed is a priority, TransferGo is the top choice for sending into Cameroon from Spain.
Transfer a large amount of money
Wise is the strongest option for large transfers of the 13 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from Spain to Cameroon can become expensive through your bank or with the wrong provider.
Our data shows Wise as the best choice for sending large sums of money to Cameroon from Spain.
Understanding the cost of moving money to Cameroon from Spain
The total cost of money transfers to Cameroon from Spain, is a combination of exchange rates and fees. Sending with a company that can offer a good competitive rate and low (or no) fees is the best way to get a good deal.
The Mid-Market and Exchange Rates: The current mid-market for EUR-XAF is 655.5589 XAF per Euro.
Using a transfer company offering an exchange rate closer to this will result in being able to buy more CFA Franc BEAC for your Euros.
On average for the last three months, the EUR-XAF mid-market rate has been 655.8838 XAF per Euro. This hit a high of 661.3841, and a low of 652.878.
From the 13 companies compared, Dahabshiil offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting EUR to XAF.
Fees: Some money transfers between Spain and Cameroon will be subject to fees. Dahabshiil has had an average fee of 0 EUR per transfer over the last 6 months. Although, you should search for your send amount for actual fees as your scenario may be different.
Amount Received: Money transfer companies will show you the amount of CFA Franc BEAC eventually received in Cameroon.
This number should guide you, as a higher amount of money received in Cameroon means a better overall cost of sending money from Spain.
Getting best exchange rate for transferring Euro to CFA Franc BEAC
When transferring money between EUR and XAF, timing can make a huge difference. The exchange rate you secure impacts how much XAF you get for your EUR.
Let's dive into some interesting recent trends.
Over the past six months, the mid-market rate from EUR to XAF has fluctuated slightly. On average, it was 655.8838.
Across this six month period, the highest value recorded was 661.3841, while the lowest was 652.878.
Wise, which is our recommended service to send money online from Spain to Cameroon offers an exchange rate that is only 0% above the mid-market rate.
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Funding your Spain to Cameroon money transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Cameroon and Spain.
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 Spain to Cameroon.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to XAF.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.