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9 best ways to send money to Nigeria in 2022

Are searching for how you can send money abroad to family and friends in Nigeria? or how to receive money abroad from family and friends in Nigeria? Listed below are fast secure and low-cost online money transfer services for sending money to Nigeria.

10 years ago, the only way to send money to Nigeria would have been through credit unions like Western Union. But this method had a bunch of issues, like huge fees and the bank and forth of going to a bank. 

Now with the fintech revolution and cryptocurrency adoption, made sending money to Nigeria super easy and fee-free. Some platforms also offer the most current, competitive exchange rates to make sure whoever you’re sending money to in Nigeria gets the largest amount possible.

This guide will show you how to send money to loved ones in Nigeria with fast, easy, and more affordable, and how the different methods of transferring money from anywhere in the world to Nigeria. You’ll also learn how to keep your money transfer fees low, how to make secure and fast money transfers to your recipient.


The best way to send money to Nigeria is with the listed platforms below. Simply open the app and follow these instructions to get started. All app has different interface but almost the same procedures. Do you need a loan

log in to the app.

  1. Select “Send”
  2. Press “Bank transfer”
  3. Enter the amount you’d like to send in US dollars
  4. Select “Continue”
  5. Choose who you’d like to send money to in Nigeria
  6. Send!

Here are the best apps for sending money to Nigeria.

1. WorldRemit

WorldRemit is one of the best platforms people in different countries use to send money to Nigeria. With Worldremit you can send money to Nigeria as cash pickup, or as a bank transfer, and as airtime popup. However, you can only send a bank transfer to Dollar accounts (domiciliary accounts) in Nigeria.

The banks in Nigeria you can send money to are: Fidelity, FCMB, FirstBank, Access Bank, Diamond Bank, and Ecobank. While the mobile money wallets you can send money to in Nigeria with WorldRemit are Opay and PagaTech. Even though sending to mobile wallets are not possible right now because of the new CBN directive.

The maximum amount of money you can send to Nigeria with WorldRemit is around ₦7,000,000 per transfer and per day for bank transfers. However, the limits depend on the country you’re sending from and the payment method you intend to use. 

How much does it cost?

Bank Transfer Fees: Starting from USD1.99 for small amounts, the fee increases the more you send all the way up to USD6.99
Cash Pickup Fees: Starting from USD1.99 for small amounts, the fee increases the more you send, all the way up to USD27.99
Exchange Rate: WorldRemit adds a margin to the exchange rate.
Maximum transfer amount: USD5,000

How long does it take?

Most transfers are completed within 1 hour. Cash transfers are usually ready for collection within minutes.

Is WorldRemit safe?

Yes, they are.

Best features:

  • Offers cash pick-up, bank deposits, Mobile Money and Airtime top-up in some countries
  • Easy online platform and cell phone app
  • Transparent costs with accurate calculator tool
  • 24/7 customer support

How to transfer money with WorldRemit

  • Create an online account and login.
  • Tap in how much, how you want to transfer (cash pickup, bank deposit, Mobile Money or Airtime top-up) and where to. Enter your recipients details.
  • Make local US payment to WorldRemit, using a bank transfer or your debit or credit card.

2. RIA Money Transfer

RIA Money Transfer is one of the biggest money transfer services in the world. It is available in 314,000 locations around 144 countries worldwide. Other than its money transfer service, RIA Money Transfer also offers bill payments, debit card services, money orders, and tracking.

RIA money transfer has partnered with Nigerian banks like Diamond Bank, First Bank, Skye Bank, and Ecobank make sending money from other countries to Nigeria easy.

RIA Money Transfer charges are clear and there are no hidden charges; If you want to send money with RIA, you’ll need to register for RIA account by visiting RIA online. 

After registering for RIA account and it has been authorized, you can now send money to Nigeria. RIA offers three payment methods for sending money to Nigeria, they are by bank account, debit, or credit card. You can also track your transaction till the money reaches the recipient.

The person collecting the money needs to prove their identity via a Nigerian national identity card, driver`s license, or international passport. And also provide the pin given by the sender. And also state the amount of money the sender sent.

The RIA Money Transfer Limit for Nigeria is currency $500. The recipient will receive the money in dollars, not a naira equivalent.

3. Remitly

Latest updates: Remitly only delivers USD bank deposit and cash pickup transfers to GT Bank and Polaris Bank only.

Remitly is another good international money transfer service you can use to send money to Nigeria.

Remitly is a great digital alternative to traditional money transfer services like Western Union and Money gram, as it makes sending money to Nigeria fast, secure, and relatively inexpensive. 

You can send money to Nigeria using the Remitly online money transfer service or the Remitly app on your smartphone or tablet. 

Remitly can only transfer money to your recipient in Nigeria via cash pickup or bank deposit in US dollars (USD). To receive money in bank deposits from Remitly, the recipient will need to own a domiciliary account.

You can still send to Nigeria from the following countries using Remitly:

  • Australia
  • Austria
  • Belgium
  • Canada
  • Finland
  • France
  • Germany
  • Italy
  • Netherlands
  • Singapore
  • Spain
  • Sweden
  • United States of America
  • The United Kingdom

How much does it cost to transfer funds to Nigeria?

Transfer Fee: The fee for “Economy” is $2.49 but if you want the money sent faster, their “Express” fee ranges between $3.99 and $19.99
Exchange Rate: The exchange rate you receive depends on the amount of your transfer and which country your money is being sent.

How long does it take?

It depends on which service you choose. It’s faster with “Express” but you have to pay by card and the fees are higher. It’s slower but cheaper with “Economy” when you pay by bank transfer.

Is Remitly safe?

Yes, they are. They are fully licensed and authorized.

Best features:

  • The person can receive their money transfer by bank deposit, cash pick up, mobile money or home delivery
  • Money back guarantee if your money doesn’t arrive on time
  • Same-day cancellation requests are possible
  • Easy to sign up and quick to transfer money on mobiles or laptops

How it works

  • Log into the Remitly website.
  • When you’re ready for payment, just type your name, card number, expiry date and card verification details.
  • Bank transfers or SWIFT payments are also available to send money from the US.

Service details:

For help from Remitly and phone number: US-1-888-736-4859

4. Azimo

Azimo is one of the fastest and cheapest ways to send money to Nigeria. With Azimo you can send money to Nigeria via cash pick up and to Dollar (USD) and Pounds(GBP) accounts in Nigeria via SWIFT.

Azimo claims to be 77% cheaper than other money transfer providers.

When sending money to Nigeria with Azimo,  your recipient will receive an email with pick-up instructions when the transfer is ready for collection. An OTP SMS will be sent to the recipient number provided. Without it, your recipient will not be able to collect their cash at the pick-up location. 

When sending money with Azimo the payment methods are Debit or credit card, Bank transfer via online banking (not available in countries like from Poland, Denmark, Norway, Sweden or Australia),  and SOFORT (not available in countries like Austria, Belgium, Germany, Italy or Netherlands).

5. Wise (formerly known as TransferWise)

If you prefer to transfer money online, Wise is one of the easiest ways to do it. It’s incredibly simple to set up an account or make a transfer using their app. They also have the best exchange rates, because they offer the same market rate you see on XE or Google and don’t add any hidden exchange rate markups.

How much does it cost?

Transfer Fee: 1.33 USD + 0.61% of your amount.
Exchange Rate: Wise gives you the best possible rate (google rate). They do not use a margin.
Additional Fees: Bank debit (ACH) is the cheapest; then bank wire transfer; followed by debit card and credit card.

How long does it take?

Your recipient will get the money in Nigerian Naira from Wise’s local account on the same day.

Is Wise safe?

Yes, they are.

Best features:

  • Quick online set-up
  • Transparent fees and offer the best rates online
  • Very fast transfers to a bank account
  • Simple cell phone app

How to transfer money with Wise in 3 steps

  • Create an online account and login.
  • Tap in how much and where to. Enter your recipients details.
  • Make local US payment to Wise, using a bank transfer, SWIFT, or your debit or credit card.

Service details:

For Wise help online.

6. Paystack

Paystack is a payment company operating in Nigeria and other parts of Africa. While Paystack isn’t a money transfer service, it offers a way for anyone outside Nigeria to send money to people in Nigeria who have a Paystack account.

If the person you want to send money to in Nigeria has a Paystack account they can send you a payment link that they can create in their Paystack dashboard. 

You’ll have to make the payment with a debit or credit card. Paystack is used by Nigerian businesses, creatives, and freelancers to collect payments worldwide.

Paystack is a good alternative to money transfer services and their issues. However, the recipient of the money you want to send to Nigeria must own a Paystack account.

7. Flutterwave

Flutterwave, just like Paystack, is a money transfer service that allows people with Flutterwave accounts to receive funds from anywhere in the world with a payment link.

You can find out more about this company in our Flutterwave review.

8. Xoom powered by PayPal

Xoom is convenient for money transfers, but costly compared to other money transfer specialists.

How much does it cost?

Transfer Fee: Differs depending on the amount and how you pay them. Paying them by bank transfer is free, but if you pay by card the fee is percentage-based.
Exchange Rate: A margin is added to the exchange rate when you convert your US dollars (USD) into Nigerian Naira (NGN).
Get a quote: Click here to find out the cost to send money to Nigeria with Xoom.

How long does it take?

It will take 1-2 business days. Transfers submitted by 11 am EST on a bank business day will be delivered by 5 pm EST the next business day.

Is Xoom (PayPal) safe?

Yes, they are. They are powered by PayPal, which is one of the oldest online payment platforms trusted for secure online money transfers.

Best features:

  • Safe, trustworthy, fully licensed and authorized company
  • Pay recipients bills or phone reloads via app
  • Regular status updates via text or email

How to transfer money with Xoom?

  • Sign up to an account and login.
  • Tap in how much and where to. Enter your recipients details. Enter how you would like to pay.
  • Recipient receives money in bank account or in cash available for pick up at agent location.

Service details:

Xoom help phone number: (877) 815-1531 (toll free) or +1 (415) 395-4225 from Nigeria.

9. Western Union

Western Union is one of the oldest and largest money transfer companies in the world. They also have lots of different ways you can send money to Nigeria. You can send money online, using their app, or in person at one of their locations around the United States. They offer both money transfers into a bank account and a cash collection service.

How much does it cost?

With so many payment options available, it’s hard to work out how much it costs without using their online calculator.

The fees you pay and the exchange rate you receive will all change depending on:

  1. The amount you are sending.
  2. How you making the transfer: on an app, online or in-person all have different fees.
  3. How you pay Western Union: fees vary depending on if you use a credit card, a debit card, a bank transfer or pay in a store.
  4. If the person in Nigeria is receiving into a bank account or in cash.

To get an estimate of the total costs including exchange rates and fees to send money to Nigeria with Western Union, click here.

Worldremit is a great option for sending money to Nigeria as well as Eversend and SendCash.

Azimo, Remitly and TransferGo are good options for sending money to Nigeria form the UK and most European countries.

If you want to send money to Nigeria from India, your best bet is likely WesternUnion, you can also try Sendcash and WorldRemit.

Sendcash, Eversend and WorldRemit are your best bets for sending money to Nigeria from other countries like South Africa, Algeria, Egypt, Algerian, and Ghana.

What to consider when choosing an international money transfer app

It can be difficult to pick out of the available options when sending money to Nigeria but there are a few factors you can use to make a quick decision.

Factors like the speed of transfers, cost, convenience, location, or customer support.

The Total Cost of a Transfer

At times people send money to Nigeria and their recipient receives a lesser amount. The cause is the cost of hidden fees. These fees are snuck into transfers mainly through the exchange rate but also depend on your payment option.

So make sure you read and understand the operations money transfer provider you intend to use or you find a money transfer platform that displays all their fees upfront. It will save you a lot of issues.

Transfer speed

The speed at which a recipient will receive money sent from another country can go a long way to determine which money transfer service you choose.

Some money transfer services take longer than others to deliver money to your recipient. In an emergency, the faster ones should be your go-to.

Geographic location

Not every money transfer service or apps is available everywhere. Most of them are limited to certain countries. So make sure that you find the ones that are suitable for the country or location you reside in.

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