Fast and easy payments to Chad
Setting up a money transfer to Chad is not only really straightforward, it is also very fast. So fast in fact, that your recipient could have their money on the very same day that you send it to them. This dramatically reduces the amount of time that they will have to wait before they can access their funds. So you can easily save your recipient time by using this method of transfer to get money to them.
Limited bank opening hours in Chad
One thing that you do need to be aware of when you send money to Chad is that the banks in Chad have limited opening hours. They tend to close at 1.00pm Monday to Saturday and will close even earlier, at 10.30am on Fridays. So if you thought that you would transfer money to Chad using a bank to bank transfer this is not a good option if your recipient needs money fast and it is past the opening hours of the bank.
Use the currency rate to your advantage in Chad
As well as saving your recipient time you can also use the currency rate Chad money is following to save you money. If you transfer your money into Communaute Financiere Africaine franc, the money used in Chad when the currency rate is favourable you will get more for your money. Unless however you are exchanging the Euro as the currency rate does not apply as the Communaute Financiere Africaine franc is indefinitely tied to it. So you would get exactly the same rate of exchange regardless of when you decided to arrange your transfer.