Cheapest way to send money to Central Africa

EigerFX
FCA Regualted: FCA Regulated
Margin Rate: 1%
100,000 gets you: 99,000 XAF
Moneycorp
FCA Regualted: FCA Regulated
Margin Rate: 0.50%
100,000 gets you: 99,500 XAF
UKForex
FCA Regualted: FCA Regulated
Margin Rate: 1%
100,000 gets you: 99,000 XAF
Rational FX
FCA Regualted: FCA Regulated
Margin Rate: 0.7%
100,000 gets you: 99,300 XAF
Barclays Bank
FCA Regualted: FCA Regulated
Margin Rate: 5%
100,000 gets you: 95,000 XAF

Send Money Transfer to Central Africa from UK

Transfer Money from Central Africa to UK;
Where can money be exchanged in Central Africa? If you thought that sending local currency to Central African Republic recipients was a good idea this can be very problematic. Not only is sending your own foreign currency to another country unsafe, the recipient could also have a difficult time exchanging it.

Cheapest way to send money to Central Africa

Currency can only be exchanged at banks which are in Berberati or Bangui so if your recipient does not live in either area they will have to travel. So instead many people choose to transfer money to Central African Republic recipients.

Cheapest way to send money transfer to Central Africa

CFA Franc is tied to the Euro in Central Africa;
Before you arrange a money transfer to Central African Republic recipients you might be interested to know that the country’s unit of currency, the Communaute Financiere Africaine franc is always tied to the Euro. This means that regardless of the rate of exchange the rate between these two currencies will always be the same.

send money to Central Africa from UK

Should you check the currency rate in Central Africa?
Anytime that you set up a currency transfer to Central African Republic recipients you should check the currency rate. You may find that you are able to transfer money when the currency rate Central African Republic currency is following is good.

Send Money Transfer to Central Africa

If so you will make sure that your recipient gets more money in their hand after the transfer has taken place, which is good news for everyone.