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If you need the recipient to receive US dollars in his bank account in Nigeria, then WorldRemit is the provider giving you the most US dollars for your money with 0.69 EUR for the transfer fees and a very competitive EUR-USD conversion rate (current rate: 1 EUR = 1.1171 USD).
Cash is the more convenient option for you? We also list 2 money transfer providers able to send US dollars in cash in Nigeria: Remitly is currently most competitive provider with no transfer fees and a good EUR-USD exchange rate (current rate: 1 EUR = 1.13 USD).
When taking the exchange rate and the fees into account, the total cost of your transfer to a cash pick-up location in Nigeria with Remitly is 0.36 EUR, in comparison you would pay a total cost of 7.44 EUR if you were to use Small World to make the same transfer.
This recommendation was updated a few minutes ago.
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Before each international money transfer, you should come and compare the costs of the different options on Monito, as they may have changed. The cheapest option is at the top, of our results but you may want to consider other criteria such as the speed of transaction or the pay-in or pay-out methods.
Of course! Banks are usually not the best way to make international money transfers. The fees can be quite low (and sometimes even zero), but beware of the poor exchange rates which banks often apply. We list as many banks as possible in our results, so do compare to find out if you’d be better off switching to another bank or a specialized money transfer company.
Yes. We only list money transfer operators or banks that are fully authorized and monitored by the regulation authorities of the countries where they operate.
Monito is not a money transfer company. We’re here to help you find the best way to send money to Nigeria.
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.