Overall top choice: Payoneer
Of the 4 money transfer providers we tested and reviewed, Payoneer was a standout option for its combination of speed and cost.
Over the last six months, Payoneer appeared in 46.2% of searches for transfers between Cameroon and Spain.
When sending money from Cameroon to Spain, using Payoneer in a great option.
How to to send from Cameroon to Spain in the best way
Considerations to make sending money from Cameroon to Spain easy
Comparing the different providers offering services between Cameroon and Spain, is the best way to send money with confidence.
The 4 providers we've compared ensures you will get the best options for your transfer to Spain from Cameroon. By taking the time to compare you can save yourself in the region of 3% of the total transfer amount.
Whilst we rate Payoneer as the best overall, comparing gives you a comprehensive view of all the options for transferring CFA Franc BEAC to Spain.
Cheapest way to send money to Spain from Cameroon: Multipass
The cost is a combination of an average fee of 0* XAF and an exchange rate for converting CFA Franc BEAC to Euro that is 0.5% different to the mid-market rate.
On average, Multipass is 0% cheaper than the second-best option.
We would recommend Multipass for low cost, affordable transfers from Euros to Spain.
*The most common fee applied to XAF-EUR by Multipass, based on data from the past six months.
Fastest money transfers to Spain from Cameroon: Payoneer.
Through our research, we found Payoneer to be the quickest way to send XAF into Euro in 46.2% of instances. For fast transfers between XAF and EUR, Payoneer is generally a good option.
Money transfers from Cameroon to Spain through Payoneer have an average fee of 0 XAF.
To confirm that Payoneer was the 'fastest' option we compared 4 money transfer providers for overall speed of sending money from Cameroon to Spain. This was made up of depositing CFA Franc BEAC to a money transfer account and transfer times to Spain.
When sending quickly is a priority, Payoneer is our recommended choice for sending into Spain from Cameroon.
Transfer a large amount of money
Payoneer is the strongest option for large transfers of the 4 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from Cameroon to Spain can become expensive through your bank or with the wrong provider.
Our data shows Payoneer as the best choice for sending large sums of money to Spain from Cameroon.
Understanding the costs involved when transferring money from Cameroon to Spain
When calculating the costs of money transfers between Cameroon and Spain, opt for the best combination of fees and exchange rates:
The Mid-Market and Exchange Rates: Today, the XAF-EUR mid-market rate equals 0.0015 EUR per CFA Franc BEAC.
For reference, the XAF-EUR average mid-market rate for the past three months has been 0.0015 EUR per CFA Franc BEAC, with a high of 0.0015 and a low of 0.0015.
The company offering the best exchange rate is Wise.
Often the XAF-EUR exchange rate you receive is the bigger factor than how much it costs to send CFA Franc BEACs to Spain.
Fees: Fees are charged on top of a transfer. The company offering the lowest fee is Multipass, averaging 0 XAF over the last 6 months. We would recommend searching for your exact send amount to get an idea of fees.
Amount Received: The amount received in Euro is the biggest indicator the total cost of sending money from Cameroon to Spain. Essentially, the more the recipient receives in Spain, the less it is costing to send from Cameroon.
How to get the best exchange rate for CFA Franc BEAC to Euro
Getting the best exchange rate essential for sending money between XAF and EUR. The exchange rate you secure impacts how much EUR you get for your XAF.
Here is how the currency has performed recently.
Over the past six months, the mid-market from XAF to EUR has been 0.0015.
During this period, the highest value was 0.0015, while the lowest was 0.0015.
Payoneer, which is our recommended choice to send money online from Cameroon to Spain offers an exchange rate that is only 1.21% above the mid-market rate.
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Payment methods for Cameroon to Spain transfers
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Spain 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 Spain.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send XAF to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.