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Cameroon

Money & costs

Money

The unit of currency is the West African CFA. Cash is king in Cameroon, especially in remote regions where it’s the only way to pay – bring plenty of euros. Banks regularly refuse to change travellers cheques, and charge around 5% commission when they do – try Bicec, SGBC, Crédit Lyonnais and Standard Chartered Bank.

Most towns now have at least one ATM, always tied to the Visa network. SGBC is usually the most reliable when using foreign cards. Banks won’t generally offer cash advances on credit cards. If you get stuck, Western Union has branches throughout Cameroon for international money transfers.

Express Exchange moneychangers change cheques and US dollars cash; there are branches in Yaoundé, Douala, Bamenda and Buea, with further plans for expansion.