Need to wire money to Cameroon? Considering a wire to send the money to Cameroon? Before you go your financial institution to do it, be sure to check out the wire transfer fees. You may get a shock the amount the costs will be and depending on the amount, it might not be worth sending the money by bank wire transfer to send the money using another method.
What makes it more costly is in addition to your financial institution charging a fee for sending the funds to a bank in Cameroon, the individual receiving the transfer of funds will most likely also incur a fee at their end. One way to minimise the likelihood of the fee is to remit the international wire transfer in their local currency.
To initiate a bank wire transfer to Cameroon, you may need a SWIFT code. These are unique codes for each bank and based on a number of things such as the bank and country.
Bank wire details for Cameroon
- Country – Cameroon
- SWIFT Country Code – CM
- Central Bank Name – Banque des États de l’Afrique Centrale
- Currency – Franc
- Currency Code – CFA