Send Money To Nigeria
Transfer Options
Bank Transfer- BPAY (Australia)
Features
Fee-free transfers- Competitive exchanges rates
- Limit orders
- Multilingual website and customer service
Best For
No fees for personal transfers- Accepts payments in several currencies
- Target specific rates using limit orders
No debit or credit card payments- No scheduled transfers
Transfer Options
- Bank Transfer
- Debit / Credit card
- Google / Apply Pay
- POLi (Australia)
Features
- Bank account transfers and cash transfers
- Mobile airtime and mobile wallets top up
- Home delivery of transferred funds
- Multicurrency WorldRemit Wallet
- Multilingual website
Best For
- Transfers to cash pickup locations
- Transparent rates and fees
- Low minimum transfer amount
- No hedging tools
- No scheduled transfers
Transfer Options
- Bank Transfer
- Credit Card
- Debit Card
- Country specific alternatives
Features
- Transparent fee structure
- Send money to email addresses
- Multicurrency account with debit card
- Multilingual website & app
Best For
- User friendly mobile app
- Multi-currency account
- Travel debit card
- No scheduled transfers
- No dedicated account manager
Transfer Options
- Bank transfer
- Debit card
- Credit card
- Bank debit
Features
Best For
Jump to a section
How to send money to Nigeria
What you need to send money to Nigeria
You will need to verify your identity by providing details from a government-issued ID document. Depending on how you choose to pay, you will need your bank account, credit card, or debit card details. You will also need the beneficiary's Nigerian bank account details.
Ways to receive money in Nigeria
There are three ways for a resident in Nigeria to receive money from overseas.
- Foreign bank account
- At a cash pick-up center
- Via a mobile top-up or in a mobile wallet
Bank Account
Bank account transfers are typically the most cost-effective. Processing time depends on your service provider, the payment method, as well as the receiving bank. Some of the country's leading banks include Zenith Bank, Guaranty Trust Bank (GTBank), First Bank of Nigeria, Ecobank Nigeria and Access Bank.
What you need to transfer money to a bank account in Nigeria
Your service provider will need the recipient's complete name, a NUBAN, the name and location of the receiving bank, and its SWIFT code.
- The Nigeria Uniform Bank Account Number (NUBAN) has 10 digits.
- You need to provide a SWIFT code as this helps identify the right branch. Example - The SWIFT code for Access Bank on Danmole Street in Lagos is ABNGNGLA.
Cash pick-up
Cash transfers are typically more expensive in comparison to bank account transfers. Some of your alternatives when carrying out a cash transfer to Nigeria include WordRemit, Remitly, Ria and Western Union. The corresponding tables have addresses of cash pick-up locations in two of Nigeria's major cities.
| WorldRemit cash pick-up locations in Nigeria | |
Lagos: Zenith Bank Ozumba Mbadiwe Avenue, Victoria Island, Lagos | Union Bank Adeniji Adele Road, Lagos Island, Lagos |
Kano: First Bank Lagos Street, Kano | Union Bank Bank Road, Fagge, Kano |
| Remitly cash pick-up locations in Nigeria | |
Lagos: Access Bank Articles Market, Opposite Trade Fair, Lagos | Skye Bank Ile Ile Street, Lagos |
Kano: Access Bank Along Kano-Duara Road, Kano | Skye Bank Mohammed Way, Opposite Kano Club, Kano |
What is required to pick up cash in Nigeria
You need to provide the recipient's full name along with a chosen cash pick-up center. The receiver needs to present a valid form of ID document and a transaction or reference number to collect the transferred funds.
Safety tips for picking up cash in Nigeria
The U.S. and the UK governments warn their citizens of high levels of street crime in Nigeria. These include instances of assaults, armed robberies, muggings, home invasions, car jackings, and kidnappings. If you plan to collect money from a cash pick-up center, do so during daylight hours and have someone accompany you.
Do not venture into quiet areas after dark, even if you have company. Do not wear expensive watches or jewelry because perceived wealth can make you the target of crime. If you are involved in an armed robbery, do not resist.
Some parts of the country are prone to frequent curfews that result in businesses closing. This may be particularly problematic if you need to collect money from a cash pick-up location.
Mobile airtime and mobile wallet top-up options
You may send money to Nigeria in the form of mobile airtime top-ups. Some of the service providers whose airtime you may top up include Airtel, Glo Mobile, Etisalat, and MTN. WorldRemit provides this service, as does Azimo. Xendpay lets you send money to Nigerian mobile wallets.
FAQs
Best way to send money to Nigeria
The best way to send money to Nigeria is directly into the receiver's bank account because this is usually the most affordable option. Paying for your transfer using your bank account tends to attract lower fees when compared to credit/debit card payments.
Best way to send money to Nigeria for business
The best way to send money to Nigeria for business is TransferWise or Payoneer. For small businesses, TransferWise has smaller fees per transaction. For larger businesses, Payoneer should be investigated for preferred partnerships and a more mature set of business services depending on the business needs.
Best app to send money to Nigeria
Several international money transfer companies provide apps for devices that run on Android and Apple. Apps that rate well are TransferWise and WorldRemit for their user-friendliness, ease-of-use and security.
Easiest way to send money to Nigeria
The easiest way to send money to Nigeria is online. Several companies let you make your payment using your bank account, and they then transfer the money to the recipient's bank account. You may also pay for your transfer by using a debit card, a credit card, or other region-specific methods such as Google Pay, Apple Pay, CHAPS, BACS, POLi and ACH.
Can I use PayPal in Nigeria?
Yes, you may use PayPal in Nigeria. However, personal PayPal users from Nigeria cannot use their accounts to receive money. They may use their accounts to send money and to shop online - by securely adding their cards.
Can I withdraw money from PayPal in Nigeria?
No. Unfortunately PayPal does not let its Nigerian users make withdrawals.
Can I use PayPal to send money to Nigeria?
No, you cannot. PayPal does not let its Nigerian customers receive money.
Does WorldRemit work in Nigeria?
Yes. WorldRemit supports sending money to Nigeria. You can send an individual money through a cash pick-up location or you can send mobile airtime top up, and/or transfer money directly to a person’s local bank account.
Can I send money to Nigeria through Western Union?
Yes. You may send money to Nigeria through Western Union. Depending on where you live, you may pay for your transfer via credit or debit card, using your bank account, via Apple Pay, or by visiting an agent location.
How do I send money to someone in Nigeria?
You may send money to a Nigerian bank account by transferring to a cash pick-up location, topping up mobile airtime or through mobile wallets. Payment methods may vary depending on the company you select, although most accept payments via bank account transfers.
How can I send money from the USA to Nigeria?
You can send money from USA to Nigeria using specialist money transfer companies. Service providers such as TransferWise, XE, WorldRemit, Remitly and XOOM support sending money to Nigeria. WorldRemit and Remitly support sending money for cash pick-up, as mobile airtime top-ups, and to local bank accounts. Simply sign up with one of the remittance providers that supports Nigeria as a destination country. Enter the recipient's banking details and upload money to the remittance company.
Can Remitly send money to Nigeria?
Yes. Remitly can send money to Nigeria. Depending on where you live, you may send money to a local Nigerian bank account, to a cash pick-up location. and as a mobile credit top-up.
Does MoneyGram send money to Nigeria?
Yes. MoneyGram sends money to Nigeria. You may use the services of the company to carry out a cash transfer to send money to a Nigerian bank account. Nigerians may use Moneygram to send money overseas by visiting any of the company's agent locations.
Does TransferWise work in Nigeria?
Yes. You can send money to Nigeria through TransferWise. You may send it to individuals and businesses. There is a transaction limit of 4 million NGN per transfer. However, you cannot use TransferWise to make outbound transfers from Nigeria.
How can I send money from UK to Nigeria?
You can send money from the UK to Nigeria in different ways. Global Reach Group, WorldRemit, XE and TransferWise support sending money to Nigeria. WorldRemit supports sending money to Nigeria for cash pick-up, directly to a local bank account, and as a mobile airtime top-up.
Can Cash App send money to Nigeria?
No. Cash App can not send money to Nigeria. Cash App only supports international payments between the USA and the UK.
Can I open Cash App in Nigeria?
No. Cash App does not work in Nigeria. Cash App is only available for US and UK residents.
How much money can I send to Nigeria?
There are no currency restrictions for when you enter or exit Nigeria. However, the most you may transfer out of Nigeria is USD 2,000 or its equivalent in another currency. This limit is subject to periodic review by the Central Bank of Nigeria (CBN).
Can OFX send money to Nigeria?
OFX can not send money to Nigeria. Nigeria is not an OFX money transfer supported destination country.
Can I send money through Ria to Nigeria?
Yes, you can send money through Ria to Nigeria. You may send money to a Nigerian bank account. Ria does not offer a cash pick-up service in Nigeria as of now.
Convert USD to NGN
Expect to receive between N156153.69 and N157100.08 when sending money from USD to NGN at today's exchange rate.
Compare that to sending money overseas through retail banks. Expect to receive approximately N149844.45, not including additional banking fees. That is an average saving of N6782.43.
Need more information?
Money Transfer Guides
Let's be honest… If you are receiving money through PayPal in foreign currencies, PayPal is charging you a huge amount …
You are selling something through an international Escrow service and the option to send to your country is through …
Banks and other financial institutions make use of different kinds of identification numbers for a variety of reasons. Your bank …
According to data released by the United Nations in the International Migration Report 2017, there are around 258 million people …
Managing international payroll can be time consuming and challenging, and if often comes at a cost. Making cross-border payroll payments …
A significant number of individuals and businesses now make international money transfers for an assortment of reasons. For instance, while …
