Remittance Prices Worldwide

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Sending money from CAMEROON to NIGERIA

Data collected on: Jul 27, 2018
CFA | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
10,000.0021.51
2.87
2.87
13.6213.62
12,666.6027.24
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
11,000.0023.66
3.65
3.65
15.4815.48
14,396.4030.96
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
11,000.0023.66
3.65
3.65
15.4815.48
14,396.4030.96
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
Ecobank RapidCash
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
Medium
Receiving method
Medium
930.002.00
0.00
0.00
1.001.00
930.002.00
Total Average Third Quarter
11.4011.40
Total Average Second Quarter
11.3611.36
Total Average
Fee
8,232.5017.70
Exchange Rate Margin (%)
2.542.54
Total Cost Percent (%)
11.4011.40
Total Cost (CFA) Total Cost (USD)
10,597.3522.79
Non-Transparent records
Bank account transfer Cash
Less than one hour Same day Next day
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
15,000.0032.61
2.87
2.87
9.399.39
21,597.0046.95
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
17,500.0038.04
3.65
3.65
11.2611.26
25,898.0056.30
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
17,500.0038.04
3.65
3.65
11.2611.26
25,898.0056.30
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
Ecobank RapidCash
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
Medium
Receiving method
Medium
1,240.002.70
0.00
0.00
0.540.54
1,242.002.70
Total Average Third Quarter
8.118.11
Total Average Second Quarter
7.947.94
Total Average
Fee
12,810.0027.85
Exchange Rate Margin (%)
2.542.54
Total Cost Percent (%)
8.118.11
Total Cost (CFA) Total Cost (USD)
18,658.7540.56
Non-Transparent records
Bank account transfer Cash
Less than one hour Same day Next day
Bank account Cash
Least Costly Corridors From Cameroon