Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our opinions or reviews. Learn how we make money.

Send money to Nigeria

Find a fast, easy way to transfer from the US to Nigeria.

Updated . What changed?

Fact checked

The best way to send money to Nigeria largely depends on how much you’re sending and your payment method. Fast delivery makes WorldRemit and Ria strong picks for speed, while Xoom offers similar speeds at typically higher prices. Look to WorldRemit and MoneyGram for cash transfers that beat Western Union’s fees. Compare digital money specialists for strong exchange rates, low fees and fast turnaround.

Send money to Nigeria with WorldRemit

Use promo code 3FREE to send your first 3 transfers with no fee. Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.

  • Use promo code 3FREE to send your first three transfers with no fee.
  • No minimum transfers.
  • Wide range of destinations.
  • Competitive exchange rate.
Promoted

Compare international money transfers to Nigeria

Use our interactive table to compare transfer fees, exchange rates and other details for sending funds to Nigeria with our money transfer partners.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
$1 Same day USD 0.00 378.788 NGN 1,893,939 XE offers fast transfers with no fees and a range of foreign currency tools. Go to site Show details
$1 Within an hour USD 3.99 378.902 NGN 1,892,998 Use promo code 3FREE to send your first 3 transfers with no fee. Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up. Go to site Show details
$1 1 - 2 days USD 45.00 380.5 NGN
1,885,376
Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site Show details
$1 3 - 5 days USD 20.00 370.988 NGN 1,847,518 The biggest name in money transfers can get your funds to friends, family, or businesses in almost every corner of the globe. Show details
$1 Within an hour USD 8.00 371.939 NGN 1,856,718 Easily transfer cash to more than 350,000 locations around the world. Show details
$0 1 - 2 days USD 1.99 372.89 NGN 1,863,708 Special offers like free transfers and better exchange rates available for new customers.
Quick, affordable transfers around the world with both express and economy options.
Go to site Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

How to send money to Nigeria from the USA

Sign up and send money with a digital money transfer specialist in four steps:

  1. Sign up for a free account. Pick a provider and sign up for a free online account using your contact information, proof of ID and your preferred payment method.
  2. Provide transfer details. Submit your recipient’s contact information and pick a delivery method. If you’re transferring to a bank, you’ll need your recipient’s Nigerian bank account details.
  3. Confirm transfer details. Double-check your payment method, expected fees and destination.
  4. Save your receipt. Record your receipt’s confirmation number to track the progress of your transfer to Nigeria. Some money transfer providers send a text or email when your transfer is complete.

What’s the best way to send money to Nigeria?

Online money transfer providers typically offer the strongest exchange rates and lowest fees on money transfers to Nigeria. Some offer transfers straight to Nigerian bank accounts, while others allow the money to be picked up in Nigerian naira in person. PayPal, banks and other options are available but come with high fees, weak rates and longer turnaround times.

Digital money transfer services

Companies like OFX and CurrencyTransfer specialize in foreign currencies, making them some of the most cost-effective transfers. Most offer transfers directly to your recipient’s Nigerian bank account, often in as little as a day or two.

Cash transfers

Services like MoneyGram allow you to transfer cash for pickup at a local branch in Nigeria — often in 15 minutes. While it’s a fast way to send money, you’ll pay for the convenience in weak exchange rates and high fees. If a cash pickup is necessary, look to digital services like WorldRemit or XE when possible.

Banks

Nigerian naira are almost certainly carried by your bank, especially if you live in the northern half of the US. Although your local bank can convert your US dollars into Nigerian naira, beware of high fees and wide margins on the exchange rate compared to digital and other options.

Let’s crunch the numbers: Sending $1,000 to Nigeria

Let’s say you need to send $1,000 to friends or family. Here’s what you might face as far as fees and exchange rates as of March 11, 2020.

Digital money transfer serviceCash transferBank transfer
Fee$0$3.99$25 + additional correspondent bank fees
Exchange rate1 USD = 365.374 NGN1 USD = 365.374 NGN1 USD = 351.284 NGN
Transfer speed1-2 dayMinutes2-5 days
Amount receivedNGN 365,374NGN 363,916NGN 342,502
Verdict
  • Best value
  • Fastest
  • Slowest and most expensive

The bank option ends up being both the slowest and gets the smallest amount of money to your recipient. If you go with the digital money transfer service, your recipient ends up with NGN 22,872 more than the bank offers. If speed is crucial, a cash transfer can typically have your transfer to Nigeria in as little as 15 minutes for just a slightly higher fee.

How to get the most out of your money transfer

Weigh costs and fees against convenience, and learn how to compare money transfer providers that send to Nigeria to meet your needs:

  • Exchange rates. The USD-NGN relationship fluctuates daily, but typically only changes drastically once every few years. However, locking in an exchange rate now may save you money down the line.
  • Transfer fees. Transferring money overseas nearly always requires fees, but they might be hidden in the exchange rate. When sending large amounts, it may be cheaper to pay a flat fee to secure a stronger exchange rate.
  • Transfer limits. How much you can send varies by company, and different amounts can attract higher or lower fees. Shop around for the best deal on the amount of Nigerian naira you’re sending.
  • Turnaround. Transferring money through a local bank can take a business week or longer. If you need the funds delivered quickly, seek out a digital specialist that offers instant transfers to Nigeria.
  • Maximum limits. When exchange rates are favorable, sending more money can save you money in the future. If you plan to send large amounts of money to Nigeria, be sure to pick a provider that won’t limit you.
  • Transfer methods. Whether you want money sent to a Nigerian bank account or picked up as cash at a local agent, narrow it down to a company that matches your preferred delivery method.

Emergency cash transfer to Nigeria

When it’s more important to get your money to Nigeria quickly, look for money transfer companies that support cash pickup in minutes. You can pay with a credit or debit card for fast pickup, but fees are higher than other methods.

How to send money to Nigeria without a bank account

Cash transfer services can help you if you’re unbanked or marginally banked. If you don’t have a bank account, look for a local company that supports storefronts for cash payments. These services include agent locations in other countries that allow your recipient to pick up cash without a bank account.

Nigeria’s exchange rates explained

The exchange rate determines how much one country’s currency is worth in another country’s currency. When a country’s currency is strong, it yields more money when exchanging it in a country with a weaker currency. Nigeria’s exchange rate often fluctuates when compared to the US dollar, so expect exchange rates today to be different than those you’ll see tomorrow. Factors that influence the exchange rate include interest rates, economic stability and inflation.

Track how the Nigerian naira trades against the US dollar in our historical rate chart.

1
0
Updated: 19 Oct 2020 20:44:44 UTC

Can you Cash App Nigeria?

No. Venmo, Cash App, Zelle and similar services are all restricted mostly to the US. Cash App and Venmo do not work between Nigeria and the US. You’ll need to use a dedicated money transfer service, a bank transfer, a PayPal transfer or something similar to send money to Nigeria from the USA. Use our comparison table above to see what your transfer to Nigeria could cost.

Documents needed for sending to and receiving money in Nigeria

To send money to Nigeria from the US, you’ll need government-issued ID and other documents, while documents needed to pick up money in Nigeria may be different by company.

Documents to send money from the US

To send money from the US to Nigeria, you’ll need documentation and details that include:

  • Identification. Most services require a driver’s license, passport or other government-issued ID. Some services allow you to send transfers without ID, but they may require your SSN.
  • Payment method. Your service may accept credit or debit cards, cash, bank accounts or personal checks.
  • Recipient information. Submit your recipient’s name as it appears on their ID, along with their phone number, Nigerian bank account and routing number if sending to their bank.

Documents to receive money in Nigeria

To pick up money in person, documentation can include:

  • Transfer number. The person sending you money can forward the transfer’s confirmation details — called a PIN, a MTCN, a reference number or a tracking number, depending on the company.
  • Government-issued ID. A Nigerian Passport or other ID issued by the National Identity Management Commission (NIMC) may be required to pick up your transfer in cash.
  • Amount sent. You may need to know how much was sent, usually within 10% of the total.
  • Sender’s information. Take along your sender’s full name, the sending country and their address, if known.

What to watch out for

Nigerian money transfer scams have been plaguing the money transfer world for many decades, and may be referred to as 419 scams, Nigerian Prince scams or overseas funds transfer scams. Typical signs of this scam include:

  • The money needs to be sent urgently.
  • The transaction requires confidentiality.
  • A US or UK based person acts as a go-between for a foreigner with large amounts of money.
  • Money is requested to cover a fee.
  • Scammer claims they are being persecuted for religious beliefs and want to give their money away.
  • Claims that your distant relative died, but you need to send money to cover fees in order to access their wealth.

If you suspect someone may be contacting you through one of these scams, contact the FBI if you are in the US to alert them of this fraud attempt.

Bottom line

Sending your hard-earned money to Nigeria shouldn’t cost a fortune. Compare transfer companies that specialize in foreign for the strongest rates, lowest fees and flexible delivery. For transfers to other countries, rely on our country specific guides the next time you need to make a transfer.

WorldRemit Deals WorldRemit Deals

Zero fees on your first THREE money transfers

Send money with WorldRemit using the code '3FREE' and pay no fees on your first three money transfers

Last verified

Coupon code ends

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

78 Responses

  1. Default Gravatar
    TracyDecember 11, 2019

    Please how can one send money from USA to Nigeria. Instant bank transfer as world remit has blocked my fiancé.

    • Avatarfinder Customer Care
      nikkiangcoDecember 12, 2019Staff

      Hi Tracy,

      Thanks for your comment and I hope you are doing well.

      Sorry to hear that WorldRemit blocked your fiance. Given this, you can check Ria and you can refer to this page for Ria international money transfers.

      On the page you can learn about the types of money transfer you can use for Ria, cost, creating your account online, how to track a transfer and some FAQ section.

      When sending money – it’s important to check the exchange rate beforehand to maximize the funds to be exchanged.

      Also, read through the transfer process of the provider such as transfer fees, transfer options and transfer speed to set expectations for the receiver. Take note of any reference or tracking numbers should any transaction delays come up during the transit. A friendly reminder, exchange rates vary on a daily basis, the rate today may differ from the rate tomorrow. Observe the fluctuations of exchange rates more frequently days before you exchange your money.

      Hope this helps and feel free to reach out to us again for further assistance.

      Best,
      Nikki

  2. Default Gravatar
    MaryJuly 11, 2019

    Please how can I receive money from India to my Nigeria account

    • Avatarfinder Customer Care
      fayemanuelJuly 12, 2019Staff

      Hi Mary,

      Thanks for contacting Finder.

      Thanks for reaching out! Unfortunately, we don’t have a comparison page with a list of brands that allow you to send money from India to Nigeria. The companies listed above are available to people in the US only. You might want to check the Internet or your local area for any money transfer service provider who could accommodate your need.

      Kind Regards,

      Faye

  3. Default Gravatar
    NathanielJuly 4, 2019

    I want the requirement needed to transfer money from Mexico to Nigeria by bank account

    • Avatarfinder Customer Care
      BellaJuly 4, 2019Staff

      Hi Nathaniel,

      Thanks for your inquiry.

      To make a wire transfer, you need the following details from your recipient:

      – full name
      – bank account number
      – bank routing number, SWIFT, BIC or IBAN codes (for international wire transfer)

      I hope this helps.

      Kind regards,
      Bella

  4. Default Gravatar
    JanetMarch 18, 2019

    What is the easiest way I can receive money from Algeria while am in Nigeria

    • Avatarfinder Customer Care
      nikkiangcoMarch 18, 2019Staff

      Hi Janet,

      Thanks for reaching out! Unfortunately, we don’t have a comparison page with a list of brands that allow you to send money from Nigeria to Algeria. The companies listed above are available to people in the US only. You might want to check the money service providers available in Nigeroa.

      I’m sorry I couldn’t be of more help.

      Best,
      Nikki

  5. Default Gravatar
    AdemolaFebruary 4, 2019

    Please, I want to know the charges if I want to receive money from Somalia.

    • Avatarfinder Customer Care
      JoshuaFebruary 11, 2019Staff

      Hi Ademola,

      Thanks for getting in touch with finder. I hope all is well with you. :)

      As of now, our table doesn’t show any provider who could help you send money from the US to Somalia.

      You might want to check the Internet or your local area for any money transfer service provider who could accommodate your need.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!

      Cheers,
      Joshua

  6. Default Gravatar
    FaithJanuary 2, 2019

    Please how can I receive money from Dubai into my account here in Nigeria

    • Avatarfinder Customer Care
      nikkiangcoJanuary 2, 2019Staff

      Hi Faith,

      Thanks for getting in touch! As of this time, we don’t have a comparison page with a list of brands that allow you to send money from Dubai to Nigeria. The companies listed above are available to people in the US. You might want to check the money service providers available in Nigeria.

      Hope this helps for the meantime.

      Best,
      Nikki

  7. Default Gravatar
    OLABODEDecember 2, 2018

    how can i transfer money from mexico to nigeria by using your services

    • Avatarfinder Customer Care
      nikkiangcoDecember 3, 2018Staff

      Hi Olabode,

      Thanks for getting in touch! As of this time, we don’t have a comparison page with a list of brands that allow you to send money from Mexico to Nigeria. The companies listed above are available to people in the US only. You might want to check the money service providers available in Mexico.

      I’m sorry I couldn’t be of more help to you this time. Feel free to message us again if you have any questions.

      Best,
      Nikki

  8. Default Gravatar
    EddieNovember 24, 2018

    Hi, A friend tried sending money to me via worldremit a couple of times but somehow when ever it gets to the stage where she has to input her payment method, it somehow falls through. Please I’d like to know what’s happening

    • Default Gravatar
      AshNovember 24, 2018

      Hello Eddie,

      Thank you for reaching out to us.

      Your friend may try the troubleshooting steps below:

      *switch to a different browser
      *update the browser
      *use a different device – laptop or desktop
      *check the internet connection – kindly ensure that the sender has a stable and strong internet connection
      *check the balance of the payment method – there should be enough funds for the amount to be sent as well as fees (if there are any)

      If the error still persist, your friend may contact WorldRemit directly through their ‘Contact Us’ page on their website.

      I hope this helps.

      Please do not hesitate to reach out if you have additional questions.

      Cheers,
      Ash

  9. Default Gravatar
    NmaNovember 10, 2018

    I want to transfer money from my Wells Fargo account to an account in Nigeria. I want to transfer money from my Wells Fargo account to an account in Nigeria.

    • Default Gravatar
      joelmarceloNovember 15, 2018

      Hi Nma,

      Thanks for leaving a question on finder.

      Unfortunately, you can not transfer to Nigeria using Wells Fargo international money transfer since they only support 13 countries and Nigeria is not on the list. You can instead read the guide and comparison above on other options in sending money to Nigeria.

      Please send me a message if you need anything else. :)

      Cheers,
      Joel

  10. Default Gravatar
    BiggestOctober 29, 2018

    A friend wants to send me money from the US, can she use Western Union or MoneyGram to send it online without going to the store? Does he have to create an account online with the sending company And when will the money be available in here for cash pick? Thank you.

    • Avatarfinder Customer Care
      JhezOctober 30, 2018Staff

      Hello,

      Thank you for your comment.

      Yes, your friend can use Western Union or MoneyGram to send money without going somewhere, just go to the money transfer’s website to start the transfer. An account may be required to be able to make the transfer. The transfer may take within minutes up to 5 business days depending on the transfer.

      Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.

      Regards,
      Jhezelyn

Go to site