FAQ About Sending Money to the Central African Republic

• What's the cheapest way to send money to the Central African Republic?

  The cheapest way to send money to the Central African Republic is through an online provider. Among the 3 available, Western Union was most often the cheapest provider (in 97.4% of the searches on Monito.com in the past 3 months).

• How much does it cost to send money to the Central African Republic?

  If you send money with the cheapest available provider, the total cost of a transfer to XAF was 0.8% of the transfer amount (including all fees and exchange rates) over the past month. Of course, this figure will vary based on the sending country, the pay-in and pay-out options

  In contrast, the cost of the most expensive option was 11.6% on average.

• What is the cost of making an international transfer to the Central African Republic using my bank?

  The average total cost (including hidden exchange rate markups) of making a transfer to the Central African Republic with banks compared by Monito.com during the past months was 23.1% of the transfer amount. This is 27.9x more expensive than sending money with the cheapest online provider alternative.

• Is Western Union good for sending money to the Central African Republic?

  Western Union is a popular provider with the biggest agent location network. The average cost of online money transfers to the Central African Republic with Western Union* is 0.4% of the amount you send, whereas the cheapest online services have an average cost of 0.8%. Western Union is the provider that is most often the cheapest for money transfers to a cash pick-up location in the Central African Republic.
  
  *Sending money from physical agent locations with Western Union is usually much more expensive than using their online service.

• What's the cheapest cash pick-up provider in the Central African Republic?

  Over the past three months, the provider that was most often the cheapest for cash pick-up transfers in the Central African Republic was Western Union, with an average cost of 0.4% of the amount you send (which includes fees and exchange rate margins).
  
  The average total cost to send to a bank account rather than a pick-up location during the same period was 22.0%. La Banque Postale was the provider most often the cheapest for transfers to bank accounts in the Central African Republic.

• What is the fastest option to send money to the Central African Republic?

  The provider that was most often the fastest on Monito's comparisons over the last three3 months was Western Union (average fastest transfer time: Same day)