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Best Ways to Send Money from Canada to Nigeria

Country from
Country to
You send
To
  • 400 CAD =
    301.73 USD
    3-5 days
    Preferential fee and/or exchange rate only on your first transfer
    Best deal
    Monito Score
    9.0
    Go to Remitly
    You pay
    400 CAD
    Payment options
    Preferential fee and/or exchange rate only on your first transfer
    Offer valid for Remitly new customers only.
    • Bank transfer 3-5 days
      2.99 CAD
    • Debit card In minutes
      4.99 CAD
    • Credit card In minutes
      4.99 CAD
    Exchange rate
    Preferential fee and/or exchange rate only on your first transfer
    Offer valid for Remitly new customers only.
    Remitly's exchange rate (1 CAD = 0.7600 USD) is 2.74% worse than the mid-market exchange rate, adding 10.86 CAD to the total cost of this transfer.
    10.86 CAD
    301.73 USD
    arrives in Nigeria

How to send money from Canada to Nigeria at the best rate?

If you need the recipient to receive US dollars in his bank account in Nigeria, then Paysend is at the moment the most competitive option with zero transfer fees and a competitive CAD-USD conversion rate (their current exchange rate is 1 CAD = 0.7665 USD).

When taking the exchange rate and the fees into account, the total cost of your transfer with Paysend is 7.63 CAD, in comparison the total cost of your transfer would be 15.73 CAD (roughly 2x more) if you selected to use MoneyGram to make the same transfer.

If the beneficiary of your transfer wants to get US dollars in cash in Nigeria, then the cheapest option currently is Remitly, with 2.99 CAD for the transfer fees and a good CAD-USD exchange rate (current rate: 1 CAD = 0.76 USD).

This recommendation was updated a few minutes ago.

Last Updated 20 hours ago - Source XE.com
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Monito's Recommendations for Sending Money from Canada to Nigeria

Today's cheapest money transfer service might not be the cheapest tomorrow. Find the one that's best-suited to your needs and preference by comparing the best performers on Monito's comparison engine over the past 30 days for transfers from Canada to Nigeria:

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We couldn't find any providers to recommend for a transfer from Canada to Nigeria

Everyone wins, except expensive solutions

With our model, the only losers are the expensive banks or providers you’ll stop using!

To ensure our independence, we always use transparent, objective and verifiable criteria in our comparison. No provider can buy their way to the top of our results.

We include as many providers as possible in our comparison and have partnerships with almost all major and innovative providers.

We make sure you never pay more than if you went directly to the provider of your choice. We even negotiate special offers for you with many of our partners.

  • You save money on your transfer by selecting the cheapest provider.

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Questions you may have

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
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Mid-market exchange rate

To calculate the total cost of your transfer, we compare the exchange rate every provider applies to your transactions with the latest mid-market exchange rate data that we source from XE.

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