We have different ways of sending money to Nigeria. So far, international money transfers have been a painful process, often overloaded with cumbersome paperwork.
Today, you can send money from countries like the United States, the United Kingdom, Canada, India, the United Arab Emirates, and Nigeria via a web application, by phone, or in person in an old school.
Different ways of sending money to Nigeria include:
1. WorldRemit
WorldRemit is a cheap online money transfer service that lets you send money from abroad to family and friends via smartphone, tablet, or computer.
You can transfer money directly from your credit card or bank account to the recipient’s.
Payment can be transferred directly to PHB Bank, Access Bank, Standard Chartered Bank, Ecobank, Enterprise Bank, Mainstreet Bank, GTB, Heritage Bank, Jaiz Bank, Keystone Bank, FCMB, First Bank, Diamond Bank, Skye Bank, Stanbic, Sterling Bank, UBA, Union Bank, Unity Bank, WEMA Bank, Zenith Bank.
Otherwise, the money can still be withdrawn via the Nigerian Forex office, or better yet, you can send the money directly to the user’s mobile phone.
WorldRemit is available to operators in 50 countries and shows in more than 120 destinations in Europe, Asia, Africa, Australia, and the Americas.
2. Moneygram
Moneygram allows you to transfer money online or in person directly to the recipient’s bank account or mobile wallet.
It is a global payment company in more than 200 countries.
Moneygram has a worldwide network of around 350,000 outlets, including merchants, international post offices, and banks.
Send money in person, find the appropriate MoneyGram location near you using your locator, recipient information, the money you want to send, and shipping costs.
Then you give the money to the agent, and your money goes home.
Send money to Nigeria via the Internet; click here to transfer by credit or debit card or directly from your bank account.
Moneygram needs some information about you before the money can be sent to the recipient.
3. Azimo
If you live in Europe in countries like Belgium, Denmark, Germany, Ireland, Italy, the United Kingdom, Switzerland, or Sweden, and you want to send money to Nigeria, try Azimo.
Azimo is compatible with more than 190 countries, has up to 270,000 collection points, 20,000 banks worldwide, and more than 80 supported currencies.
The online money transfer service allows you to send money to family and friends bank accounts or to make a purchase of your choice.
You can transfer money online to any bank, including Ecobank, FirstBank, GTBank, UBA, Zenith, or online recharge time to Airtel, Etisalat, Glo, MTN, or Visafone networks.
Azimo requires the opening of an account. You can select your currency and the recipient’s bank account or mobile phone number if you want to send them appropriately.
To send money online to Nigeria via Azimo, checkout their website.
4. Western Union
Most people are probably already familiar with Western Union, a company over 130 years old that has dominated international money transfers for decades.
Western Union is not much different from Moneygram in terms of activity. You can send money in person from your agent’s locations, online, or through the app.
The recipient can withdraw their cash at the Western Union office or transfer it directly to their bank account.
Western Union offers you the possibility to send money from your debit/credit card or straight from your bank account. To send Money to Nigeria via Western Union, click here.
5. RIA Money Transfer
They are based in the United States. With a global network of agents with over 314,000 locations in 144 countries, Ria allows you to send money to multiple countries worldwide.
With your credit/debit card or directly from your bank account, Ria can send money directly to the recipient’s bank account.
They can raise funds from Ria agents in Nigeria if they don’t have it.
Start by checking the amount you will be billed using your price calculator.
6. TransferWise
TransferWise is a British money transfer service founded in January 2011 by Estonians Kristo Käärmann and Taavet Hinrikus, who are based in London.
They claim to use only one course offered independently by Reuters, which is cheap and fair. To start sending money to Nigeria, check out TransferWise.
7. Payoneer
Payoneer is an online financial service that allows you to receive worldwide payments from any business.
They create 12-month loans with bad direct lenders, so you can check your account and a master card that allows you to receive funds as if you had a US bank account.
Payoneer is particularly useful for those in Nigeria and many other African countries such as Uganda, Kenya, Ghana etc. Check out Payoneer.
8. Xpress Money
With a network of 180,000 people worldwide, Xpress Money is another competitor in international money transfer.
Like traditional money transfer agencies, Xpress Money allows you to transfer money directly to the recipient’s bank account or through a network of collection points where the recipient can receive the money.
With the transaction tracking tool, you can track your money transfer even after the recipient has received the current SMS notification.
To send money to Nigeria with cash in Xpress, click here.
9. Skrill
Skrill (formerly Moneybookers) is a competitor to PayPal with features such as free setup, low fees, and the ability to send SMS directly from your account.
Previously, users in Nigeria had to use VPN and other settings to use Skrill, but recently, they added Nigeria to the list of supported countries.
With Skrill, you can transfer money online to anyone in Nigeria with just an email address, and the same can be withdrawn from your Nigerian bank account.
You can also withdraw from your Skrill account in Naira to your Nigerian bank account.
