Send money
Sending money to Cameroon: compare before you pay
The cost of a transfer varies with the provider, the amount and the payment method. Here is what to compare and which sources to check.
What to compare
- The fees shown, and those a correspondent bank or the pick-up point may add.
- The exchange rate applied, against the reference rate of the day.
- The real delivery time and the way the money is collected: bank account, mobile money or cash.
- The sending limit and the documents asked of the sender and the recipient.
The CFA franc and the exchange rate
Cameroon uses the CFA franc of the zone run by the Bank of Central African States (BEAC). The BEAC publishes the history of the currency, its exchange policy and statistics on payment systems.
- History of the CFA franc(opens in a new tab)
Bank of Central African States (BEAC) (in French)
BEAC page devoted to the history of the CFA franc.
- General presentation of the exchange policy(opens in a new tab)
Bank of Central African States (BEAC) (in French)
BEAC page presenting the exchange policy of the monetary zone.
- Payment systems statistics(opens in a new tab)
Bank of Central African States (BEAC) (in French)
BEAC page devoted to payment systems statistics.
Where to find independent comparisons
The World Bank tracks the price of transfers between countries in its Remittance Prices Worldwide database. Sustainable Development Goal 10, target 10.c, aims to bring the cost of migrant transfers below 3% and to remove corridors costing more than 5%.
Several host countries also publish an official comparison tool. It is listed on the page of the country concerned.
- Remittance Prices Worldwide, methodology(opens in a new tab)
World Bank
World Bank page describing how remittance prices are collected and calculated.
- Sustainable Development Goal 10, target 10.c(opens in a new tab)
United Nations Department of Economic and Social Affairs
UN page on Goal 10, including target 10.c on the transaction costs of migrant remittances.
Protecting yourself
- Use a provider authorised in your country of residence: the country's financial regulator usually keeps the list.
- Be wary of an offer promising a rate far above the market or asking for payment in prepaid cards.
- Keep proof of every transfer: receipt, reference number, recipient's identity.
What this site does
Diaspora Cameroun is not a transfer provider and does not recommend any operator. We do not publish a fee table until we can date it and cite its source.
Links checked on 27 October 2026. If one no longer works, write to us from the Contact page.
