Find the Best Rated Providers to Send Money to Nicaragua

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Find the Best Rated Providers to Send Money to Nicaragua

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Our real-time comparison engine finds the cheapest providers for your transfer to Nicaragua, you save on fees and exchange rates. That way, more money arrives.

How to send money to Nicaragua

Find out how to send money to Nicaragua with the best rate in four easy steps

1. Check the NIO mid-market rate against the currency you want to send

Making your transfer on a day where the exchange rate is favorable gives you more Nicaraguan córdobas for your money. Follow the evolution of the Nicaraguan córdoba exchange rate and validate your transaction when the mid-market rate is close to its highest level of the last few days.

2. Select the optimal deal by comparing all the available money transfer companies.

Monito lists 18 services able to send money to Nicaragua, such as Wise, Remitly, Revolut, Azimo, N26. Sending money with the most competitive service from the list is the best way to save money.

3. Choose the best option with your own criteria

Do you want to transfer money to Nicaragua at the lowest cost, with the fastest option or with the solution with the best customer reviews?

4. Sign up and start your transaction to Nicaragua with the service you selected

Go to the money transfer provider's website to go through the sign-up process (you normally have to give information to confirm your identity), and get started with your money transfer to Nicaragua.

Best money transfer providers to send money to Nicaragua

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7.1

6.6

More than 20% of all Nicaraguans (almost 1,2 million people) are living outside Nicaragua. Many of them are living in Costa Rica and other Central American countries, with large communities also present in the United States and in Spain.

Nicaraguans living abroad are sending a lot of money into the country, more than USD 1.2 billion per year, which represents almost 10% of Nicaragua’s GDP. But even more money could arrive to families and small businesses in Nicaragua if less money was lost in transfer fees and bad exchange rates.

Stop wasting money with the poor exchange rates of your bank or high fees of your current money transfer provider. By comparing the best providers to send money to Nicaragua from anywhere in the world and for the exact amount you need to send, you can make sure to get more córdobas for your money.

Compare all available providers before your next transfer to Nicaragua

25M+ comparisons made

Powering around 7 million comparisons a year, Monito is a world leader in comparing international money transfer services
$75M+ in transfer fees saved

By choosing a transfer service found on Monito, the average user pays just 0.59% in fees and exchange rates. Compared to the 4.6% paid at a bank or traditional cash transfer service, Monito users have saved over $75 million in total to date!
200 services reviewed

For every service appearing on Monito, our experts build in-depth reviews using dozens of verifiable criteria to make clear, actionable recommendations to guide your decisions.
2,000+ guides published

Far too often, sending money abroad is both pricey and problematic. That's exactly why our team of experts works tirelessly to offer the most in-depth, up-to-date, and helpful consumer advice for your disposal.

Questions you may have about your transfers to Nicaragua

Can I trust a company I found on Monito but have never heard about before?

We review money transfer companies and give them a Monito Score, including a Credibility and Security component. You can find if a money transfer company is reputable and trustworthy in our comparison results or on a company's review page. A general rule is that we only list money transfer operators or banks that are fully authorized and monitored by the regulatory authorities of their operating countries.
How can I use Monito to find the best ways to send money to Nicaragua?

Before you make a money transfer to Nicaragua, compare the costs of the different options on Monito. Rates and fees change often, so for the best deal, do a comparison before every transfer — they may have changed since you last sent money. Once you enter the details about how much you want to send and from which country, click on compare. You’ll see a list of all the options to send to Nicaragua. The best option is at the top, but you may want to consider other criteria such as the speed of transaction or the pay-in or payout methods.
I simply use my bank to send money to Nicaragua, do I really need to compare other options?

Of course! Banks are usually not the best way to make international money transfers. The fees can be quite low (sometimes even zero), but banks often apply inflated exchange rates. We list as many banks as possible in our results, so you can compare and find out if you’d be better off switching to another bank or a specialized money transfer company.
Is it possible to send money with Monito, or are you just a service to compare money transfer services?

Monito is not a money transfer company. We’re here to help you find the best way to send money abroad. Just tell us which country you’re sending money from and which country you want to send money to, and we’ll show you a list of all available services. Once you select the best one for your needs, you'll be redirected to the money transfer provider’s website to get started with your transfer.

Why Trust Monito?

You’re probably all too familiar with the often outrageous cost of sending money abroad. After facing this frustration themselves back in 2013, co-founders François, Laurent, and Pascal launched a real-time comparison engine to compare the best money transfer services across the globe.

Today, Monito’s award-winning comparisons, reviews, and guides are trusted by around 8 million people each year and our recommendations are backed by millions of pricing data points and dozens of expert tests — all allowing you to make the savviest decisions with confidence.

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