- Send money to 130+ countries
- Competitive exchange rates that are often better than banks'
- XE doesn’t charge any transaction fees, commissions or ongoing fees
Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure
Looking for the best way to send money from the United States to family, friends or businesses in Nigeria (or even to your own bank account)? Don't head straight to your American bank - turn to online money transfer services instead. They nearly always offer better exchange rates and lower fees - which means for the same amount of dollars you send, the recipient will receive more nairas.
Use our table below to compare services that send money from America to Nigeria. Compare the money transfer providers' fees and speeds, then click "Go to site" when you've found the best one to send your US Dollars to Nigeria.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Here's our simple process for sending a money transfer to Nigeria as a cash pickup or bank transfer - the two options are similar:
If you send to a Nigerian bank account, your recipient will need to wait for the funds to arrive. For a cash pick up, your Nigerian recipient will need to show some form of photo ID in order to pick up the funds. It's also important that you give them the transaction reference number to streamline the process.
For larger transfer amounts, you may need to phone the agent location to ensure it has enough cash available.
How to decide which option is best for you to send money to Nigeria.
To send money from the United States to Nigeria, you'll need the following:
Most providers require a driver's license, passport or other American government-issued ID. You can send transfers without the above but may need to give alternate ID instead.
Your options depend on the provider's services. Popular methods include cash, debit or credit card payments, bank account transfers and personal checks.
You'll need their name (matching their ID) plus contact details. If sending to a Nigerian bank account, you'll need the a/c number, SWIFT and branch details.
To collect money in person in Nigeria, the recipient will need:
The reference number - sometimes called a PIN, MTCN or tracking number.
A official ID, such as a Nigerian passport or driving license.
To know how much has been sent, usually to within 10% of the total.
The sender's name and address and the country from where the money was sent.
The cost of sending money to Nigeria from the United States depends on the exchange rate between USD to NGN, the fees, how you want your recipient to receive your transfer and the turnaround time:
Compare the 8 best cash advance apps for low fees, high limits and more.
A beginner’s guide to trading futures contracts. How they work and what to watch out for.
Found is a business checking account with built-in bookkeeping and tax tools.
Crypto-backed loans can offer low APRs to people who can’t qualify for a debt consolidation loan. But there are several risks.
Learn about different options for borrowing money instantly against your crypto.
Compare the five best bank accounts for self-employed professionals and freelancers.
Finder’s 2022 review of the fees, features and more on Voyager. See if the Voyager crypto app has the elements you need to improve your crypto holdings.
7 crypto-friendly banks and alternatives that support your crypto activity.
Play, trade and earn with blockchain games. 10 ways to make money with NFT gaming.
Support your child’s financial knowledge and teach the important real-life money skills in a safe and controlled way with a kids’ debit card.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.