How to send money to Cameroon from Spain with the best EUR-XAF rate

Comparing based on your specific needs is the best way to send money from Spain to Cameroon with confidence.

Right now, for EUR/XAF

• Revolut is our top choice for EUR to XAF transfers. Sending 7,000 EUR to XAF will cost you €221 in fees, and you will receive 4,416,201 XAF. The delivery time usually is within minutes.

• Taptap Send offers the lowest fees of the 4 available options. This cost combines the exchange rate between the Euro and CFA Franc BEAC that is 0.02% different to the mid-market rate and the fee of 2 EUR.

• Fastest way to transfer money to Cameroon from Spain is with Taptap Send. For example, sending €7,000 to Cameroon with Taptap Send will be minutes. But, it can be quicker or longer depending on the exact amount, as well as the day and time of your transfer.

Our analysis, and search results, include 4 providers that operate between Spain and Cameroon. These are ranked by speed, overall cost and ease of use.

Through this, you get a comprehensive view of all the options you have in Spain when you need to send money to Cameroon.

The exchange rate determines the price you’ll pay for CFA Franc BEAC when you send Euro to Cameroon.

The current exchange rate between the Euro and CFA Franc BEAC is 655.8874, but it constantly changes.

When calculating the costs of money transfers between Spain and Cameroon, opt for the best combination of fees and exchange rates:

• The Mid-Market and Exchange Rates: Today, the EUR-XAF mid-market rate equals 655.8874 XAF per Euro.

• Fees: Fees are charged on top of a transfer. The company offering the lowest fee is Taptap Send, only 2 EUR. We would recommend searching for your exact send amount to get an idea of fees.

• Amount Received: The amount received in CFA Franc BEAC is the biggest indicator the total cost of sending money from Spain to Cameroon. Essentially, the more the recipient receives in Cameroon, the less it is costing to send from Spain.

It’s possible that waiting a day or two can help you get more XAF for the same amount of Euro. But, the best way to lock in a price between Spain and Cameroon is by using a forward contract.

A debit card is the our recommended option for money transfers between Spain and Cameroon.

Here are all the ways to send money from Spain to Cameroon:

Bank transfers

Paying via a bank transfer is often the better option for sending money from Spain to Cameroon.

By using a money transfer company such as Xoom for transfers from Spain to Cameroon, you can send money and while benefit from lower fees and more favorable exchange rates than you would get with a traditional bank. 


Debit and prepaid cards

Sending money from Spain to Cameroon with a debit or a prepaid card is easy with Revolut.


Revolut is a one of the better options in the market for international debit card transfers from Spain to Cameroon.

Credit cards

When it comes to credit card transfers from Spain to Cameroon, we recommend comparing your options to get the best deal.

Always choose providers that are regulated by financial authorities in both Spain and Cameroon to ensure funds are protected.

Please refer to our directory of financial regulators worldwide for key regulatory bodies for money transfers between Spain and Cameroon.

Some services have minimum or maximum thresholds on how much you can transfer from Spain to Cameroon.

Companies will offer different rates and fees for different transfer amounts. Some companies will become more expensive after certain thresholds are hit.

We’d recommend using Revolut if you need to send large amounts of EUR to Cameroon. The combination of rates and fees when sending to Cameroon is the most competitive, even at larger amounts.

Also, always check with the recipient and understand any declarations needed on large amounts of money leaving Spain, or entering Cameroon. Mis-understanding these could result in a slower, or even failed, transfer.

There are different ways to receive money in Cameroon. You can do a direct bank deposit, cash pickup, use a mobile wallet or receive money into a multi-currency account. It’s likely not all providers serving transfers from Spain to Cameroon will offer every method, so it’s best to check ahead of time.

A direct transfer to a bank account is one of the more common ways to transfer from Spain into CFA Franc BEAC. Xoom is the best company for bank transfers between Spain and Cameroon.

And if you need cash right away, check if cash pickup is an option for transfers between Spain and Cameroon.

Mobile wallet services and payment apps like PayPal, Xoom, and CashApp are popular too, but they come with more limitations and higher costs compared to money transfer providers like Taptap Send.

When signing up to a money transfer company to send between Spain and Cameroon, you will need to verify your ID.

The exact documents you need might vary and in some cases you will need more than one.

For the most part, in Spain this will be a government ID like a passport or driver's license. In Cameroon it will be a similar set of documents, although this should only be needed if you are opening a new account in Cameroon, or collecting in cash.

Big transactions between Spain and Cameroon, are subject to additional checks. A provider may ask you for proof of address or may want to know where the money comes from.

We recommend Revolut in part due to their easy sign up process in Spain.

When sending large amounts of money between Spain and Cameroon there will be tax implications to consider.

Some transfers into CFA Franc BEAC may need to be reported to tax authorities in Cameroon, particularly where inheritance or property purchases are involved.

Tax limits and personal allowances differ in Cameroon based on age, income and a few other elements. When in doubt, please contact a tax professional in Spain or Cameroon to discuss your personal circumstances.