Find the Best Rated Providers to Send Money to Nigeria

Our comparison engine is trusted by more than 2 million users worldwide.
Save up to 90% by finding the cheapest provider for your transfers to Nigeria
We only recommend regulated and secure companies.

As featured on

Find the Best Rated Providers to Send Money to Nigeria

Affiliate disclosure

I Want to Transfer Money to Nigeria, but Which Provider Should I Use?

There are plenty of options for sending money back to Nigeria. Here on Monito we cover all the popular specialist money transfer providers and banks for converting your money into nairas and sending it home. You can send money online and pay in a variety of ways including credit card.

We know there are lots of ways to transfer currency to Nigeria, which is why we compare all of the most popular options side-by-side so you can make an informed choice. The best online money transfer provider for you will depend on several areas like the exchange rate they offer, how much you are sending, where you are sending from, the currency you are exchanging into nairas and some other factors.

We take all of those details into account when recommending the best way to send money to Nigeria. We’ll help you find the fastest and cheapest ways to send money home. For example, we can tell you the best providers for sending money to Nigeria from the US, the UK, Italy and other countries.

For most money transfer providers, you can either sign up through their websites or download their apps which will give you fast and easy access from any smart device. We provide a useful “Smart Alerts” service that tells you how currency exchange rates are changing so you can choose the best time to send nairas back to Nigeria. Learn more and sign up here.

How to send money to Nigeria

Discover how to make a money transfer to Nigeria with the best NGN exchange rate in 4 easy steps

1. Check if the NGN exchange rate is in your favor

Although the currency market is unpredictable, it never hurts to keep an eye on it so that you can maximize how much Nigerian nairas you will receive against your sending currency. It's a good idea to subscribe to exchange rate email alerts to keep an eye on the evolution of the NGN exchange rate.

2. Compare the 21 services available for transfers to Nigeria and select the best deal.

We compare quite a few providers offering money transfer services to Nigeria, such as TransferGo, Remitly, Wise Multi-Currency Account, Paysend, Revolut. You can save a lot of money by comparing all your options and find the best deal for your money transfer.

3. Pick the best option for you

Do you want to make a transfer to Nigeria at the lowest total cost, as quickly as possible or with the solution with the best customer reviews?

4. Sign up and get started with your transfer with the provider you selected

Go to the provider's website to sign up (you usually have to upload information to confirm your identity), and get started with your transfer.

Our recommendations

Thousands of people like you send money back to Nigeria every week. With over 15 million Nigerians living outside Nigeria, everyone needs an easy and inexpensive way to send nairas back home to benefit family, friends and others.

Banks in neither your adopted country nor Nigeria have the best fees or exchange rates for converting money into nairas. That’s why it’s vital to compare all of your options for sending money back to Nigeria so your nairas can go further. Whether you want to make a one-off currency transfer or you need to send money online regularly, we can help you find the best options.

People from Nigeria send around $20 billion back home each year, that’s an average of $1,300 each. Our research shows that most people overspend by up to five percent on their transfers, so using a lower-cost provider could save Nigerians up to $1 billion collectively or up to $65 individually, every year.

You won’t get the best exchange rates from your bank or PayPal, and we want to stop you from overpaying. We make it easy to compare the best-value options for money transfer or you can select one of the recommended currency providers on this page. You can easily send money online and pay by wire transfer, bank deposit, credit card, cash or in some other way.

Compare your options

The best money transfer providers to send money to Nigeria

9.1

9.0

8.9

8.5

8.1

7.8

7.7

7.5

7.1

6.6

The Cheapest and Best Ways to Send Nairas to Nigeria

There are several good options for online currency exchange, depending on how the person you’re sending money to wants to get access to their nairas.

Sending Less Than $300 in Nairas to a Bank Account in Nigeria

If you want to send money to a bank account in Nigeria, we recommend using a specialist currency provider. 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.

Sending More Than $300 in Nairas to a Bank Account in Nigeria

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

Banks that You Can Transfer Nairas to in Nigeria

You can normally arrange to send nairas to any of the following banks: Access Bank, Diamond Bank, Ecobank, Keystone Bank, Union Bank and many more.

Cash Pick-Up Locations in Nigeria

Some of these banks are also popular locations for picking up nairas that you have transferred. If the beneficiary wants to collect nairas as cash in Nigeria without going through a bank, then providers like Xoom or MoneyGram are good options. You can find links to them elsewhere on this page.

Xoom has hundreds of local bank, cash agent and partner locations where you can pickup cash in Nigeria.

Compare all available providers before your next transfer to Nigeria

10M+ money transfer comparisons made

With more than six million searches run in 2020 alone, Monito's real-time comparison engine is a world leader in comparing international money transfer services.
$38M+ in Transfer fees saved

By choosing a transfer service found on Monito, the average user pays a total of 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 nearly $40 million in total to date!
200 services reviewed and compared

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.
650 guides to help you avoid hidden fees

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.

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.

Learn More About Monito

Monito is Trusted by 15+ Millions Users across the globe.
Monito's experts spend hours researching and testing services
Affiliate commissions we may receive never impact our independence

Questions you may have about your transfers to Nigeria

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 Nigeria?

Before you make a money transfer to Nigeria, 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 Nigeria. 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 Nigeria, 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.