How to send money to Nigeria

Compare your options to get the best possible deal when sending money from the US to Nigeria.

Sending money from the US to Nigeria doesn’t have to be expensive. Compare your international money transfer options to find one that’s best for you.
WorldRemit International Money Transfers

WorldRemit International Money Transfers

Send money to 110+ countries for bank deposit, instant e-wallet, mobile top-up or cash pickup at 30,000+ agent locations worldwide.

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  • Low upfront fees and exchange rates.
  • Easy to use with round-the-clock help.
  • Get cash to family and friends in minutes.

    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.

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    Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options.

    With over 17 years of foreign exchange expertise and over $100 billion transferred, OFX can help with all your currency exchange needs, including:

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    Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Services Amount Received Description CTA Details
    World First Foreign Exchange
    USD 1,000 1 day USD 0.00 320.262 Online NGN 1,601,310 Exclusive offer: $0 transfer fee
    No-limit transfers with competitive exchange rates for more than 100 currencies.
    Go to site View details
    WorldRemit International Money Transfers
    USD 1 Within an hour USD 4.99 318.753 Online, Bank Account to Bank Account, Cash Transfer NGN 1,592,176 Use promo code FREE to send your first transfer for no fee, to over 110 countries for bank-to-bank deposit, cash pickup or mobile top-up. Go to site View details
    Western Union Money Transfers
    USD 1 Same day - - Online, Phone, Agent, Bank Account to Bank Account, Cash Transfer Big name in easy money transfers, with cash pickup at more than 500,000 locations worldwide. Go to site View details
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    Sending money to Nigeria

    When sending money overseas, you’ll typically need to create a free account with a money transfer provider. The process varies by company but generally requires you to provide your name, contact information and proof of identity. If you’re not paying for your transaction with cash, you’ll also provide your banking info in order to have the funds withdrawn from your account.

    Once you’ve selected a payment option and entered the full details of your transfer, you make your transaction and wait for the funds to arrive. You’ll most likely receive a reference number or receipt that you can use to track the progress of your transfer.

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    How do international money transfers work?

    An international money transfer allows you to send money to friends, family and businesses overseas. Generally, it involves you sending cash or money from your bank account to an intermediary transfer service or bank, which then exchanges and sends the money to your recipient in another country — in this case, Nigeria.

    Depending on the provider, you can initiate a money transfer in person, online or by phone. Your cash or bank account transfer is then either deposited into your recipient’s bank account or made available as cash for pickup at a location in their country.

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    Banks vs. money transfer companies

    Many major US banks offer the option to send funds to Nigeria. But they typically charge high transfer fees and offer exchange rates that are significantly lower than the mid-market rate — or the rate banks and transfer providers use when trading among themselves.

    A reputable money transfer specialist can often offer better exchange rates and  charge lower fees, saving you money and putting more Nigerian naira into your recipient’s pocket.

    Jonathan sends $1,000 to Nigeria

    Jonathan wants to send $1,000 from the US to Nigeria to help his wife cover some of the costs associated with raising their children. His bank doesn’t send funds to Nigeria, so he is comparing the services of two money transfer companies — one that offers transfers that take place within minutes.

    Money Transfer Company AMoney Transfer Company B
    Exchange rate1 USD = 193.575 NGN1 USD = 193.787 NGN
    Transfer fee$6$81 for money in minutes; $12 for bank account transfers
    Transfer speed2 business days1 hour for money in minutes; 4 business days for bank account transfers
    Transfer options
    Bank account depositCash pickup, bank account deposit
    Total NGN received193,575 NGN193,787 NGN

    Jonathan’s comparison shows that even a small difference in exchange rates can make a noticeable difference in the amount you transfer. Transfer fees vary greatly depending on the transfer method you choose.

    How to compare transfer companies when sending money to Nigeria

    By comparing a few elements of your transfer, you can ensure that you get the cheapest deal for your needs.

    • Exchange rates. Nearly all providers skew exchange rates for a profit. Compare the rate you’re offered to the mid-market rate — the rate banks and transfer services use when they trade among themselves — and look for the smallest margin between them.
    • Transfer fees. Find out whether the provider charges a flat fee or a percentage of your transfer. If you’re sending a large amount, ask whether you qualify for a fee-free transfer.
    • Payment and delivery options. Some transfer companies allow you to pay with a credit card online, by phone or through an app. Others offer agent locations for cash payments and pickups. Also ask how your recipient can receive your funds: bank account, cash pickup, mobile wallet and more.
    • Transfer speed. If it needs to be there fast, companies like Western Union and MoneyGram allow for quick cash pickups, often in minutes. If you have more time, you’ll get better rates and fees with an independent provider.
    • Transfer limits. Your best option might depend on how much you want to send. For large transfers, weigh the best exchange rate — especially since providers encourage large transfers by offering low fees. For smaller amounts, consider the fees you’ll pay on top of the exchange rate.
    • “Hedging” options. Ask whether you can schedule payments ahead of time or protect your transfer against market fluctuations with a limit order or forward contract.
    • Customer support. Most companies offer customer service by Internet chat, phone, in person or by email. Make sure help will be available if you need it.

    Best USD > NGN exchange rates

    Foreign exchange rates explained

    The exchange rate determines how much one country’s currency is worth in another currency. When a country’s currency is strong, it yields more money when exchanging it in a country with a weak currency. Most countries’ exchange rates are flexible, which means they can change from moment to moment. Factors that influence the exchange rate include interest rates, economic stability and inflation.

    Options for sending money to Nigeria from America

    • Bank transfers.  Many major US banks will allow you to wire money to banks in Nigeria.
    • Online money transfer services. It’s simple and convenient to send an online money transfer to Nigeria from the comfort of your home.
    • Providers with cash pickup. Companies like Western Union and MoneyGram offer the option of cash pickups from thousands of agent locations across Nigeria.
    •  Checks and money orders. Although not a quick option, you could send an international check overseas, obtained from your bank or US Postal Service.
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    Emergency cash transfers in Nigeria

    You might need to send an emergency cash transfer to Nigeria — for example, if a friend traveling through the country loses their wallet. But when you need to transfer funds urgently, your fastest possible transfer will often be your most expensive option.

    Carefully review the exchange rate and transfer fee against your needs so that you understand exactly how much it will cost you.

    Cash pickup locations

    Western Union, MoneyGram and Ria provide the three largest money transfer networks in the world, with thousands of agent locations around the globe. You’ll need to pass your transaction reference number on to your recipient to allow them to pick up your funds. They’ll also need to bring along a photo ID.

    Find a money transfer location near you

    Tips for picking up cash in Nigeria

    Whether picking up funds in Nigeria or anywhere else around the world, take a few simple safety precautions to prevent yourself becoming a target for thieves.

    • Call ahead. Learn the company’s business hours and choose a safe time to pick up your cash. Daylight hours are best.
    • Bring a friend. Carrying money when alone can be dangerous. Ask a friend to come along.
    • Deposit your money immediately. The likelihood of losing your money to theft or simple carelessness grows the longer you have it with you. Go straight to a bank and deposit your cash as soon as possible.
    • Keep your cash hidden. Place your money in your purse or wallet before leaving the office. Carrying cash out in the open could make you a target.

    Cash pickup locations in Nigeria


    Address: 290 Herbert Macaulay Way, Yaba100246, Lagos, Nigeria
    Hours: 8:00 AM – 4:00 PM
    Phone: +234-01-277 0069

    Address: 34 Ladipo Oluwole Ave, Ikeja101241, Lagos, Nigeria
    Hours: 8:00 AM – 4:00 PM
    Phone: +234 700 300 0000

    Address: Mushin, 118 Agege Motor Rd, Lagos, Nigeria
    Hours: 8:00 AM – 4:00 PM
    Phone: +234 704 145 0672


    Address: RD NNS Quorra Harbour Lagos
    Hours: 8:00 AM – 5:00 PM
    Phone: +234-01-5872143

    Address: Abuja Badagry Express Way Seme Border FCT Lagos
    Hours: 8:00 AM – 6:00 PM
    Phone: +234-01-2311061

    Address: Luth Road 1 Idi Araba Lagos
    Hours: 8:00 AM – 5:00 PM
    Phone: +234-01-8114353

    Western Union

    Address: 1 Agudosi Street Alaba International Market Alaba, Lagos
    Hours: 8:00 AM – 5:00 PM
    Phone: +234-01-7613794

    Address: 23 St Finbarrs College Rd Yaba Yaba Lagos Yaba, Lagos 234
    Hours: 8:00 AM – 4:00 PM
    Phone: +234-1-7432454

    Address: 6 Bajulaiye Street Shomolu Lagos, Lagos
    Hours: 8:00 AM – 4:00 PM
    Phone: +234-1-2703090


    Address: 146, Murtala Mohmd Way, 700222, Kano, Nigeria
    Hours: 8:00 AM – 4:00 PM
    Phone: +234-01-733 2000

    Address: Bank Rd, 101241, Kano, Nigeria
    Hours: 8:00 AM – 4:00 PM
    Phone: +234 700 300 0000

    Address: E Bello Rd, 700281, Kano, Nigeria
    Hours: 8:00 AM – 4:00 PM
    Phone: +234 704 145 0080


    Address: Kano Road 27 Sokoto, 840252
    Hours: 8:00 AM – 5:00 PM
    Phone: +234-1-12712012

    Address: Inside Muhammadu Rimi Market Kano
    Hours: 8:00 AM – 5:00 PM
    Phone: +234-1-23419052667

    Address: Bayero University Kano Mini Kano
    Hours: 8:00 AM – 6:00 PM
    Phone: +234-1-12716253

    Western Union

    Address: Hotoro Kano Kano, Kano 234
    Hours: 8:00 AM – 5:00 PM
    Phone: +234-2716805

    Address: Kano Bompai Branch Danta Road Kano, Kano State
    Hours: 8:00 AM – 6:00 PM
    Phone: +234-64-633480

    Address: 7 Bompai Road Kano State Kano, Kano State 23401
    Hours: 8:00 AM – 6:00 PM
    Phone: +234-1-7616622


    Address: Plot 117, Adetoknubo Ademola Crescent, Wuse II, Abuja, FCT, Nigeria
    Hours: 8:00 AM – 4:00 PM
    Phone: +234 803 885 5758

    Address: Jabi Branch, Abuja, No. 1, Idris Ibrahim Crescent, Jabi, 900242, Abuja, Nigeria
    Hours: 8:00 AM – 4:00 PM
    Phone: +234 704 145 0636

    Address: Chisco Transport Nigeria Ltd, Utako900211, Abuja, Nigeria
    Hours: 8:00 AM – 4:00 PM
    Phone: +234 700 368 2265


    Address: National Assembly Complex Abuja
    Hours: 8:00 AM – 6:00 PM
    Phone: +234-1-12716253

    Address: KUBWA Plot 136B Gadonasco Layout Abuja
    Hours: 8:10 AM – 5:15 PM
    Phone: +234-1-4612624

    Address: Building Material Market Dei-Dei Abuja
    Hours: 8:00 AM – 6:00 PM
    Phone: +234-1-2716253

    Western Union

    Address: 19, Wuse Market Road Besides Management Office Abuja, Abuja 234
    Hours: 9:00 AM – 6:00 PM
    Phone: +234-907-0003463

    Address: Abuja Branch Plt5766 Abuja Keffi Road Mararaba Garki, Abuja
    Hours: 9:00 AM – 6:00 PM
    Phone: +234-01-3052656

    Address: Providence Plaza 3rd Ave Pa Michael Imodu Road Gwarimpa Abuja, Fct
    Hours: 8:00 AM – 4:0 PM
    Phone: +234-1-2703090

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    2 Responses to How to send money to Nigeria

    1. Default Gravatar
      taylor | April 6, 2017

      bank money transfer from india to Nigeria please tell me the process. And how long does it takes from india to receive it in Nigeria?

      • Staff
        Adrienne | April 6, 2017

        Hi Taylor,

        For bank transfers, you can generally expect a transfer period of 2 to 5 days, sometimes even more depending on the provider. You could also look into an independent online transfer service, like the ones in the comparison table above, who may be able to get your money there faster.

        Once you find a company that fits your needs, you can click “go to site” and initiate a transfer directly with them. You can confirm on the provider’s website that they can send from India to Nigeria.

        Best regards,


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