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What is the cheapest way to send money to Nigeria?

Posted on August 19, 2022 by Author

What is the cheapest way to send money to Nigeria?

If you’re transferring under $300 or equivalent, your best options include WorldRemit, TransferWise, Xoom or MoneyGram. You can find links to them elsewhere on this page. If you’re sending more than $300, we recommend WorldRemit, TransferWise, Xoom or MoneyGram.

What app can I use to send money to Nigeria from USA?

WorldRemit
You can make a money transfer to Nigeria from the USA with the WorldRemit website using any device. You can also download our free WorldRemit app for Android and iOS to send money from wherever you are in the USA, 24 hours a day.

What is the safest way to send money to Nigeria?

Some of the best money transfer services to send money to Nigeria from the USA

  1. Sending Money to Family and Friends: Remitly.
  2. Best Exchange Rates: Wise (formerly known as TransferWise)
  3. Sending Cash to be Picked Up: WorldRemit.
  4. Paying in Person: Western Union. Best Big Brand: Xoom, powered by PayPal. Remitly.
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What is the cheapest way to send money?

The Cheapest Ways to Send Money

  1. Venmo.
  2. Cash App.
  3. PayPal.
  4. Xoom.
  5. Facebook Messenger.
  6. Mobile Pay.
  7. Online Bill Pay.
  8. Bank P2P Payments.

How can I receive a dollar payment in Nigeria?

Ways of receiving money in Nigeria from abroad

  1. Domiciliary account – International Bank wire transfer.
  2. Western Union via Quickteller to your bank account.
  3. MoneyGram.
  4. Western Union money transfer.
  5. Online money transfer.
  6. Payoneer.

How to send money to Nigeria from USA?

Compare&find the cheapest money transfer provider on Monito

  • Open an account online or log in (if you already have an account)
  • Set-up your transfer and provide the beneficiary’s bank details in Nigeria
  • Fund your transfer by wire transfer,debit or credit card
  • Click “send” – your money is on its way from the US to Nigeria 💸
  • Can you send money through Western Union from Nigeria?

    To send money through Western Union to loved ones outside Nigeria, you do not need to open an account with the bank. All you need do is to identify a bank that has Western Union Money Transfer logo on their branch or website and simply walk in.

    READ:   What is Aadhaar based OTP account with any bank?

    How do you send money to Nigeria?

    To send money to Nigeria You will need to create an online account, choose a favorable money transfer service, enter the receiver and the payment information as required and then confirm identity and money transfer details. The process is just as easy as that.

    What type of money do they use in Nigeria?

    The naira (sign: ₦; code: NGN ) is the currency of Nigeria. It is subdivided into 100 Kobo. The Central Bank of Nigeria ( CBN ) is the sole issuer of legal tender money throughout the Nigerian Federation.

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