Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From CMCameroon you can also send money to

Sending money from CAMEROON to NIGERIA

Data collected on: Sep 17, 2019
CFA | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Ecobank RapidCash
Firm type: Bank
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
Medium
Receiving method
Medium
2,790.006.00
4.77
Percentage difference between market reference rate 0.61 and exchange rate charged 0.58
4.77
7.777.77
7,226.1015.54
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
11,000.0023.66
1.80
Percentage difference between market reference rate 0.61 and exchange rate charged 0.60
1.80
13.6313.63
12,675.9027.26
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
11,000.0023.66
1.80
Percentage difference between market reference rate 0.61 and exchange rate charged 0.60
1.80
13.6313.63
12,675.9027.26
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2,500.005.38
3.06
Percentage difference between market reference rate 0.61 and exchange rate charged 0.59
3.06
5.755.75
5,347.5011.50
Total Average Third Quarter
10.2010.20
Total Average Second Quarter
10.9010.90
Total Average
Fee
6,822.5014.67
Exchange Rate Margin (%)
2.862.86
Total Cost Percent (%)
10.2010.20
Total Cost (CFA) Total Cost (USD)
9,481.3520.39
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
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
2,500.005.43
3.06
Percentage difference between market reference rate 0.61 and exchange rate charged 0.59
3.06
4.154.15
9,545.0020.75
Ecobank RapidCash
Firm type: Bank
Payment instrument
Access point
Bank branch, Internet
Sending network coverage
Medium
Receiving method
Medium
6,900.0015.00
4.77
Percentage difference between market reference rate 0.61 and exchange rate charged 0.58
4.77
7.777.77
17,871.0038.85
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
17,500.0038.04
1.80
Percentage difference between market reference rate 0.61 and exchange rate charged 0.60
1.80
9.419.41
21,643.0047.05
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
17,500.0038.04
1.80
Percentage difference between market reference rate 0.61 and exchange rate charged 0.60
1.80
9.419.41
21,643.0047.05
Total Average Third Quarter
7.697.69
Total Average Second Quarter
8.278.27
Total Average
Fee
11,100.0024.13
Exchange Rate Margin (%)
2.862.86
Total Cost Percent (%)
7.697.69
Total Cost (CFA) Total Cost (USD)
17,675.5038.43
Non-Transparent records
Bank account transfer Cash
Less than one hour Same day Next day
Bank account Cash
Least Costly Corridors From Cameroon