How to send money to Nigeria

Find the best exchange rate and low fees when you send money to Nigeria from New Zealand.

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The West African nation of Nigeria is the most populous country in Africa and the continent’s biggest economy. Despite Nigeria’s size, not all money transfer companies can send a payment to Nigeria and some may only be able to send US dollars.

If you need to send money to Nigeria, whether for personal or business reasons, compare the providers on this page so you can find a quote to send funds overseas, for the price and speed you want.

WorldRemit International Money Transfers

WorldRemit International Money Transfers

WorldRemit can help you get your money where it needs to go in minutes, with upfront exchange rates and low fees.

  • Transfers to 150+ countries
  • Send to bank account, cash pickup, mobile money, airtime top up
  • Pay with card, POLi Payments or Apple/Android Pay

    Compare ways to send money from New Zealand to Nigeria

    Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
    NZD 1 Within an hour NZD 3.99 224.692 NGN
    An online money transfer service with cash pickup, bank account to bank account and airtime transfers available. Go to site Show details
    NZD 0 1 day NZD 0.00 224.241 NGN
    Send money in more than 60 currencies. Fee-free international money transfers with a global brand. Go to site Show details
    NZD 2,000 2 days NZD 0.00 224.241 NGN
    Exclusive offer: $0 transfer fee and discounted exchange rates for your first trade only.
    A higher exchange rate applies to non-finder customers. Send money in more than 130 currencies.
    Go to site Show details
    NZD 1 1 - 2 days NZD 45.00 225.594 NGN
    Make online transfers with transparent exchange rates, low fees and low minimum amounts. Go to site Show details

    Compare up to 4 providers

    The “Rate” and “Amount Received” displayed are indicative rates that have been supplied by each brand or gathered by Finder.

    Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention “Finder” before you commit to a brand.

    Scam warning

    Always make sure you’re sending money to someone you know. Despite being the butt of many jokes, the “Nigerian prince” scam is one that still happens often. This scam involves being contacted by someone requesting help in recovering a lot of money. This person may want you to give them your bank account information or money to pay the fees, with the promise that you’ll be rewarded later.

    Never provide your financial information or send money to anybody you don’t know.

    Banks versus money transfer companies

    To send money to Nigeria, request a telegraphic transfer or direct debit from your bank or sign up for a free account with one of the money transfer companies on this page. Banks provide the NZD to NGN exchange rate when you request an international payment from online banking.

    Money transfer company 1 – BankMoney transfer company 2 – WU
    Exchange rateN/ANZD$ = NGN 127.8855188
    Transfer feeNZD$20NZD$74.00
    Amount received for NZD$1,000 (in Nigerian Naira)N/ANGN127885.52
    Transfer time2 – 4 business daysMinutes
    Transfer optionsBank account depositCash collection

    Correct 18/02/16: 10.00AM

    How do I compare transfer companies?

    You can compare quotes to send money to Nigeria by considering the following features.

    • Exchange rate. Which providers let you send a payment to Nigeria? Not all providers trade NZD and NGN. Next, look at the rate of exchange between the two currencies.
    • Transfer fee. The fee for sending money to Nigeria. Some providers have first transfer free deals, other companies don’t charge a transfer fee at all.
    • Transfer time. The time it takes to send money to Nigeria. The transfer time is based on how you pay and how the money is collected. Pay with your credit card or debit card for instant clearance.
    • Collection options. All providers can send money to a bank account but not all companies can send money to Nigeria as cash. Bank account deposits take days, whereas cash transfers are available almost immediately.
    • Payment options. How do you want to pay for your transfer? Your options include making a bank account deposit to the money transfer company, charging the transaction to your debit or credit card and you can even pay cash at a local Western Union or MoneyGram agent.
    • Transfer options. Do you want more than just a spot payment service? Different providers specialise in forward contracts, limits orders and recurring payment services.
    • Customer service. Can you call a New Zealand-based customer service team if you have a question about your transfer to NIgeria. Make sure you read the provider’s cancellation and refund policy.
    • Transfer limits. Compare the provider’s transfer limits if you are looking to send a large or small amount.

    How do I send money to Nigeria from New Zealand?

    Here is how you can send money to Nigeria using the different services we have listed on this page.

    Bank transfer

    You need to log on to your internet banking facility and look for the international payments menu to send money to Nigeria. Your bank may require you to register for additional international payment services before you can send money overseas.

    You will need the following information to make an international payment from your bank account.

    • Bank and branch name
    • SWIFT Code
    • Account number
    • The recipient’s account name and home address.

    International cash payment service

    Use Western Union or MoneyGram if you need to get cash to Nigeria in minutes. For a fee, these companies can send cash quickly. You can view a snapshot of Nigerian MoneyGram and Western Union agents farther down the page.

    • Western Union. Western Union have a number of agents in Nigerian cities. Cash can be collected from one of these merchants (usually a bank) an instant after the transfer has been paid for.
    • MoneyGram. Another major overseas cash delivery service, MoneyGram have a similar number of agents in Nigeria to Western Union.
    • WorldRemit. WorldRemit can send a cash payment to Nigeria to various locations including Skye Bank.

    How do I receive money from Nigeria in New Zealand?

    You can receive funds in your bank account and collect cash from a Western Union or MoneyGram agent.

    Receiving money in your bank account

    If you are receiving funds in your bank account make sure you provide the sender with the following information.

    • Your bank name and address
    • Bank account number or IBAN
    • Full name and address

    New Zealand legislation requires the sender to provide the following information when making a payment to a NZ bank account:

    • Their full name
    • Bank account account number
    • Business or residential address, or national identity number
    • Their date, city and country of birth.

    Collecting cash

    You will need to provide identification such as your passport, as well as the transaction reference number or password when you go to collect cash.


    Provide your sender with your mobile number or email to receive a PayPal payment. You will need to transfer the money to a bank account or credit card to make a withdrawal.

    Emergency cash transfers in Nigeria

    Consider these options if you need to receive cash quickly in Nigeria.

    International money transfer services

    Western Union and MoneyGram are two companies with cash collection agents throughout Nigeria. A cash payment can be sent from New Zealand to collect from an agent in Nigeria in minutes.

    Travel insurance

    Some travel insurance policies can include an emergency cash provision. Read the product disclosure statement for information about access to emergency cash and covered events.

    Emergency cash assistance

    Card providers such as Visa or MasterCard offer emergency cash assistance to cardholders. If you lose your card or it is stolen, you can apply to have the money in your account made available to collect as cash. This process can take about a day to clear if the card scheme’s customer service team and your New Zealand bank are open at the same time.

    Cash pick-up locations in Nigeria

    Western Union/MoneyGram branches in Nigeria

    You can see a snapshot of the places you can find Western Union and MoneyGram agents in Nigeria below.

    Western Union


    • Access Bank PLC

      47 Market Street
      Open Monday to Friday, 7am–6pm


      Yaba College Of Technology Yab
      Open Monday to Friday, 8am–4pm


    • Access Bank PLC

      4 Iwo Road
      By Idiape Junction
      Beside Mr Biggs
      Open Monday to Friday, 7am–6pm

    • First Bank of Nigeria PLC

      New Gbagi Market Branch
      Gbagi Market
      Ibadan Oyo
      Open Monday to Friday, 9am–6pm



    • Zenith Bank PLC – Kano – Kofar Ruwa Bran

      Alongside Dala Orthopeadic Hospital Road
      Adjacent to Alaj Petroleum
      Open Monday to Friday, 8am–6pm

    • Unity Bank PLC – #239 – Kano – Kano City

      No. 2 Durumin Iya Qtrs
      Beside PHCN
      Open Monday to Friday 8am–5pm


    • Eco Bank – NDA

      Ribadu Barracks
      Nigeria Defence Academy
      Open Monday to Saturday, 8am–5pm

    • United Bank for Africa

      14B Road
      Kano Bello 14B
      Open Monday to Friday 8am–5pm

    Tips for picking up cash in Nigeria advises against all travel to the North-Eastern and Delta states of Nigeria. Kidnapping, violent crime and civil unrest are common. There is a real threat of terrorism and a very high threat of kidnapping in these areas; and foreigners have been the targets of attacks in the past.

    Carrying large amounts of cash and valuables is not advised. Travel blogs, government travel safety websites and hotel staff can advise on present dangers. Your hotel can also advise how to arrange an escort if you are picking up a large amount of cash.

    What are the steps to send money to Nigeria

    Here is some information on the steps to take when sending money to Nigeria.

    To send money from your bank account:

    • Log on to your Internet banking facility and select the international transfers option.
    • Select the recipient’s country and currency; and get a quote for the international transfer.
    • Search the recipient’s bank, by entering the bank name of the SWIFT code. You will need to provide the following information:
        • The beneficiary’s account name and address
        • The beneficiary’s IBAN, bank name and SWIFT code.
    • You also may be required to enter an online code. Some banks have an extra level of security for international payments. You may get the chance to print or save a copy of the transaction receipt for your records.

    Using a money transfer company:

    Register for a free account to use the services of the companies we have compared on this page. The registration process can be completed online, in 10 minutes. You will be asked to provide your:

    • Personal details
    • Contact details
    • Address
    • Identification documents.

    Once you have paid for your transfer to Nigeria, you will be issued with a tracking number which can be used to check the status of your transaction.

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    6 Responses

    1. Default Gravatar
      IkennaJanuary 5, 2018

      How to send money to Nigeria

      • Default Gravatar
        ArnoldJanuary 6, 2018

        Hi Ikenna,

        Thanks for your inquiry

        If you’re looking to send money to Nigeria from NZ, the most common way is through a bank transfer. Please contact your bank to set up the international payment feature before you can transfer funds.

        Hope this information helps

    2. Default Gravatar
      FadareNovember 12, 2017

      Someone is trying to send me money here in Nigeria but she’ can’t use WU or MG please what can be used and how

      • Default Gravatar
        DanielleNovember 12, 2017

        Hi Fadare,

        Thank you for contacting finder. We are a comparison website and general information service, we’re more than happy to offer general advice.

        As mentioned above, you can also try using international money transfer services. To learn more about international money transfers, you may refer to this page. We can also check for other options depending on where the money will be coming from. Don’t hesitate to contact us back with more information so that we can assist you further.

        I hope this helps.


    3. Default Gravatar
      BgOctober 1, 2017

      Can money be send from New Zealand to Nigeria without questioning the sender ?

      • Avatarfinder Customer Care
        AnndyOctober 31, 2017Staff

        Hi Bg,

        Thanks for your question.

        I’m not sure what you mean by “without questioning the sender.” But to send money to Nigeria, you’ll need to provide the personal details of your recipient which include the name, contact details, address and identification documents. You can send money online through the money transfer website or you could also visit a local agent.


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