Subscribe To Cameroon Blog
XML RSS
Add to Google
Add to My Yahoo!
Add to My MSN
Subscribe with Bloglines

Home
Services Consultation
Interact Site Search
Weather Location
Climate
Getting There Travel
Location
Tours Attractions
Pcitures
FCFA Gallery
Lake Nyos
Cameroon Volcano
Parks
Information News
Television
Radio
Newspapers
People Cameroonian
Paul Biya
Njeuma
Girls
Chat
Call Cameroon
Money Money
History of FCFA
Send Money
Exchange Rate
Credit Cards
Coins
Banknotes
Goverment Government
Presidents
Anthem
Flag
Embassy
Embassy
Holidays
Visa
Maps
Peace Corps
ELECAM
Cities & Towns Yaounde
Yaounde
Douala
Douala Nights
Culture Culture
Food
Languages
Languages
History
Health Insurance
Dressings
Theater
Medicine Man
Sports Sports
Education Education
English Education
French Education
Business Companies
Orange Cameroon
Banking
Jobs Jobs
Cameroonslist
Cameroon Job
Stay Tuned Cameroon Blog
Contact Us
Directory Cameroon Online
News Site

Send money to Cameroon

Want to send money to Cameroon or receive money in Cameroon? Money transfer to Cameroon is easier nowadays.

Western Union, MoneyGram, MoneyLineUK are amongst the very popular Cameroon money transfer operators.

They partner with several local banks and Cameroon Post Office ( CAMPOST ) to provide money transfer services to the entire nation of Cameroon.


Also available is the traditional option of bank wire transfer. Here you will learn more about Cameroon money transfer services - rates and fees.




Facts:

In 2006
Africa received 7%
of the US$ 250 billion in worldwide money transfer.
South America received 35%.

Money Transfer

There are many ways to carry out Cameroon money transfers. The well known worldwide money transfer giants are Western Union and MoneyGram. Smaller players include MoneyLineUK, Emoneysender and Express Exchange.

WesternUnion and MoneyGram are very popular and cover the entire nation of Cameroon.

Western Union with its seven agent representatives: six banks and the seventh being Cameroon Post Office ( Campost ), holds an enviable position in this market. Western Union for all practical purposes covers the entire nation and can be access from anywhere in Cameroon.

The others are mostly confined to the major commercial cities of Douala and Yaounde.

Express Exchange provides many services as do regular banks: Cashing of Cheques, exchange of foreign currencies and others. Branches are mostly in Bamenda, Buea, Douala, and Yaounde.

Also available is the very cheap,very secure, with excellent exchange rates but very slow tradition bank wire transfer method. For $15 to $50 you can transfer any another of money from one bank account overseas to another overseas account in an unrelated bank, up to the federal mandated limits. Takes from 7 to upwards of 30 days to clear.


Facts:

You Save
1%
Using Western Union Services.
If time is not a factor save even more thann 2%. send money via bank wire transfer service

Money Transfer OperatorsFees per US$ 500Exchange Rate Comparison (%)Coverage of CameroonEase of Using the Service
MoneyGram$11.00448.530121 (0%)114 Cities & TownsGood. Funds send 10 minutes
Western Union$10.50452.1158878 (0.8%)Nationwide. Any bank or CAMPOSTExcellent. In minutes.
Wire Transfer$15 - $50 (any amount)457.91 (2.1%)Any bank account accepting suchVery slow. 7 - 30 days
MoneyLineUK????COMECI & Union Bank onlySame day
EmoneySender????137 CitiesSame day


Return from Send money to Cameroon to Cameroon Money or to Get Back to Cameroon Today


footer for Send money page