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Find the best providers to send money to Nicaragua

How to send money to Nicaragua

Learn how to transfer money to Nicaragua with the best rate in four easy steps

1. Check the NIO exchange rate against your own currency

Converting your money at the right time means more money arrives. Follow the evolution of the Nicaraguan córdoba exchange rate and validate your transaction at a favorable moment.

2. Compare 9 services available for transfers to Nicaragua in order to select the best option.

Our comparison engine lists quite a few services offering money transfer services to Nicaragua, such as Azimo, WorldRemit, Xoom, Remitly, Covercy. You will save big by comparing all your options and go with the best deal for your upcoming money transfer.

3. Choose the best money transfer company for your transfer

Are you looking for the option with the lowest fees and best exchange rates, the fastest solution, best ratings, or a good combination of the three.

In addition, it is important to consider the options to pay for the transfer and receive the money. Bank transfer or credit/debit cards are the most often available payment options to send money to Nicaragua online. At the other end, in Nicaragua, you can decide if your want the money to be sent directly to the recipient's bank account or received in cash (from an agent location).

4. Sign up and get started wih your money transfer with the provider of your choice

Now, simply sign up on the provider's online portal - be ready to give an ID document and/or a proof of adress - and configure your money 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.

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