Send Money to Nigeria
Compare available providers for popular routes and review loaded recipient estimates for your amount.
Choose Your Currency
Current USD to NGN quotes
Compare current provider quotes for sending $1,000 USD. Recipient outcome remains the main comparison point.
How rankings work: Methodology · Commercial Policy
Top row follows the selected sort. The alternate Standard or New User rate appears below when available.
Remitly
WorldRemit
Sendwave
#3 loaded estimate
Paysend
Taptap Send
Wise
Western Union
XE Money Transfer
| Provider | Exchange Rate | Fee | You Send | Recipient Gets | Action |
|---|---|---|---|---|---|
Remitly Best New User rate | 1398.76 1356.31 | FREE FREE | USD 1,000 | 1,377,535 NGN 1,356,310 NGN | Check current quote |
1367.06 | FREE | USD 1,000 | 1,367,061 NGN 10,474 less | Check WorldRemit quote | |
1367.06 | FREE | USD 1,000 | 1,367,060.77 NGN 10,474.23 less | Check Sendwave quote | |
1364.23 | USD 1.99 | USD 1,000 | 1,364,233.1 NGN 13,301.9 less | Check Paysend quote | |
1363.00 | FREE | USD 1,000 | 1,363,000 NGN 14,535 less | Check Taptap Send quote | |
1366.14 | USD 12.18 | USD 1,000 | 1,349,500.41 NGN 28,034.59 less | Check Wise quote | |
1329.77 | USD 30.00 | USD 1,000 | 1,329,770 NGN 47,765 less | Check Western Union quote | |
1293.62 | FREE | USD 1,000 | 1,293,623 NGN 83,912 less | Check XE Money Transfer quote |
Amount ComparisonAmount Comparison: How Much Will They Receive?
Estimate what your recipient may get at different transfer amounts using New User rates.
| Provider | $100 | $500 | $1,000 | $5,000 |
|---|---|---|---|---|
WorldRemit Rate: 1367.0608 | Fee: $0.00Best New User | ₦136,706.08 | ₦683,530.40 | ₦1,367,060.80 | ₦6,835,304.00 |
Sendwave Rate: 1367.0608 | Fee: $0.00 | ₦136,706.08 | ₦683,530.39 | ₦1,367,060.77 | ₦6,835,303.85 |
Taptap Send Rate: 1363.0000 | Fee: $0.00 | ₦136,300.00 | ₦681,500.00 | ₦1,363,000.00 | ₦6,815,000.00 |
Paysend Rate: 1364.2331 | Fee: $1.99 | ₦133,708.49 | ₦679,401.72 | ₦1,361,518.27 | ₦6,818,450.66 |
Remitly Rate: 1356.3100 | Fee: $0.00 | ₦139,876.00 | ₦699,380.00 | ₦1,356,310.00 | ₦6,781,550.00 |
Tip: The difference between providers can be significant for larger transfers. For $5,000, you could receive up to ₦53,754.00 more by choosing the best provider.
Recipient Gets Exactly...
Enter how much your recipient needs in NGN. We'll show how much you need to send.
Why Use Online Money Transfer Services?
Compare Bank Costs
Bank wires can combine exchange-rate margins with fixed wire fees. Digital providers may be cheaper on this route, but compare the final recipient amount and checkout terms before sending.
Faster Delivery
Bank wire transfers take 3-5 business days. Online services often deliver within 24 hours, with instant transfers available to Paga and OPay mobile wallets.
Easy & Convenient
Send money from your phone or computer 24/7. No need to visit a bank branch. Track your transfer in real-time and get notifications when it arrives.
Sending Money to Nigeria: What You Need to Know
Bank Transfer Requirements
- Account Number: Recipient's Nigerian bank account number (10 digits)
- Bank Name: Full name of the recipient's bank
- Recipient Name: Must match exactly as on bank records
- BVN: Bank Verification Number (may be required for larger amounts)
Payment Options
- Bank Transfer (ACH/SWIFT): Often lower-cost funding, 1-3 days
- Debit Card: Fast, moderate fees
- Credit Card: Fastest, higher fees (3-5% extra)
- Apple/Google Pay: Available with select providers
Supported Nigerian Banks
All major Nigerian banks accept international transfers:
Delivery Options in Nigeria
- Bank Deposit: Direct to any Nigerian bank account
- Paga: Instant mobile money transfer
- OPay: Instant mobile money transfer
- Cash Pickup: Available at partner locations nationwide
- Airtime Top-up: Send mobile airtime directly
Nigeria: Largest African Remittance Market
$20B+
Remittances received annually
15M+
Nigerian diaspora worldwide
5-12%
Potential cost gap vs bank wires
Nigeria is the largest remittance-receiving country in Africa. Major sources include United States, United Kingdom, and other European countries. Most diaspora communities are concentrated in the US and UK. Remittances form a critical part of Nigeria's economy, accounting for approximately 6% of GDP.
Understanding Remittances to Nigeria
Nigeria is Africa's largest remittance market, receiving over $20 billion annually from its global diaspora. With more than 17 million Nigerians living abroad — primarily in the United States, United Kingdom, Canada, and other African and European countries — remittances are a critical economic lifeline. They account for approximately 4% of Nigeria's GDP and provide essential support for families, education, healthcare, and small businesses.
The US-to-Nigeria and UK-to-Nigeria corridors are major source routes. Provider choice has widened in recent years, with fintech services like Wise, Remitly, and WorldRemit competing with traditional operators. Nigeria's naira (NGN) has experienced periods of volatility following currency reforms, making current quote comparison especially important.
The Central Bank of Nigeria (CBN) regulates all inbound remittances and requires recipients to receive funds in naira at prevailing market rates. Nigeria's banking system supports direct deposits to all major banks including GTBank, Access Bank, Zenith Bank, First Bank, and UBA. Mobile money is growing through platforms like OPay and PalmPay, though bank transfers remain the dominant delivery method for international remittances.
How to Choose the Right Provider for Nigeria
Nigeria's volatile exchange rate environment makes provider comparison critical. Here's how to get the best value:
Best NGN Exchange Rate
Compare Wise and WorldRemit. With naira volatility, exchange-rate differences between providers can be large. Always check the final NGN amount and understand which benchmark rate the provider is using.
Fastest Delivery to Nigerian Banks
Compare Remitly and WorldRemit. Same-day bank delivery can be useful for urgent needs, but availability, delivery time, and fees vary by sending country and recipient bank.
Sending from the UK (GBP to NGN)
Compare Wise, WorldRemit, and Remitly. The UK-to-Nigeria corridor has multiple strong options. Compare bank, cash, and mobile delivery quotes because the final GBP/NGN amount can vary meaningfully.
Cash Pickup Across Nigeria
Compare Western Union and WorldRemit. For recipients without bank accounts, cash pickup remains important. Compare the total naira received because cash pickup services may price differently from bank deposit options.
Common Mistakes When Sending Money to Nigeria
1. Not Checking the Actual NGN Rate Being Applied
Nigeria's exchange rate landscape is complex, with official and market rates sometimes differing. Provider quotes can vary materially, so compare the total NGN your recipient may receive and confirm the checkout quote before sending.
2. Sending USD Instead of Local Currency
Some senders try to send USD to Nigeria hoping recipients can exchange locally at better rates. However, CBN regulations require most remittances to be paid out in naira. Receiving in USD often involves additional conversion fees at the Nigerian bank. Send in naira through a provider with a good NGN rate for the best outcome.
3. Not Using Nigerian-Focused Providers
Generic international transfer services may not specialize in the Nigeria corridor. Providers like WorldRemit and LemFi have built strong Nigeria-specific infrastructure and often offer better rates and faster delivery than general-purpose services. Check providers that specifically highlight Nigeria as a key market.
4. Ignoring Transfer Limits and BVN Requirements
Nigerian bank accounts are linked to a Bank Verification Number (BVN). Recipients need an active BVN-linked account to receive international transfers above certain thresholds. For large transfers, ensure your recipient's account is fully verified and has adequate receiving limits set by their bank.
5. Falling for Remittance Scams
Unfortunately, the Nigeria corridor sees more fraud attempts than most. Never send money based on unsolicited requests, even if they appear to come from known contacts. Only use regulated, well-known providers listed on our comparison. Verify any unusual transfer requests directly with your recipient by phone.
Top Money Transfer Services for Nigeria
Wise
Transparent quote benchmark
Remitly
Fast transfers, mobile wallet support
WorldRemit
Mobile money & airtime
Western Union
Cash pickup, mobile wallets
Sendwave
Simple app for selected Africa routes
XE
Established transfer option
Nigeria Remittance & NGN News
View allFrequently Asked Questions: Various to NGN
Ready to Send Money to Nigeria?
Compare current provider options and choose the route that fits your next transfer to Nigeria. Most transfers arrive within 1-2 business days.
New to sending money to Nigeria? Read our complete guide to the best ways to send money to Nigeria in 2026.