Name: | Western Union |
Type: | Money Transfer Operator |
Data collected on: | Aug 22, 2024 |
Note: | I went to the WafaCash service, which offered the Western Union service. They gave me the charges for each transaction. To send XAF 93 000, the exact charge is XAF 3.625, and the recipient receives NGN 239 743.
The charge for sending XAF 293 000 is XAF 11 100 and the amount received is NGN 755 321.33. Calculating the ratio to obtain the FX rate (not including shipping costs) gives me an FX rate of 2.5778. |