Find the best providers to send money to Nicaragua
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 make a money transfer to Nicaragua at the best NIO rate with these 4 steps
1. Check the NIO mid-market exchange rate against your sending currency
Converting your money on a date when the mid-market is higher than usual means more money arrives. Keep track of the exchange rate and validate your transaction when you can get a good exchange rate.
2.Go with the best deal by comparing all the available money transfer providers.
We compare 12 money transfer companies able to send money to Nicaragua, such as TransferWise, Western Union, MoneyGram, Xendpay, WorldRemit. Sending money with the best money transfer provider from the list is the best way to save on costs.
3.Choose the best provider that suits your needs
Select the service with the overall most competitive cost, the faster transfer time, most positive customer reviews, or the best compromise.
4. Sign up and get started with your money transfer with the service you selected
Go to the provider's homepage to complete the sign-up process (you normally have to give documents to prove your identity), and set upyour transfer to Nicaragua.
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.