Western Union makes it easy to transfer money to a bank account in Nigeria. While we don’t “wire” your transaction, the money can be sent directly from your bank account to your loved one’s account in Nigeria.
What is the best way to send money to 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.
Is Nigeria banned from Western Union?
Nigeria’s Central Bank has reversed a controversial decision which severely curtailed small to medium sized money transfer companies from operating in the country and favored only the biggest players. … As a result, only three MTOs—Western Union, MoneyGram and Ria—were left free to operate in the country.
How can I send money from USA to Nigeria?
Send money from your bank account to another bank account in Nigeria using these steps:
- Find the wire transfer section from the website of your financial institution.
- Check any transfer limits there might be.
- Enter the recipient’s bank details.
- Enter the amount and choose the currency you want to send your money.
Which bank does Western Union in Nigeria?
The Western Union service is instant, secure, reliable, and a convenient payment service that enables Beneficiaries receive FX remittances in Nigeria. Remittances are processed in GTBank via the options below; USD Cash Pick Up Service in any GTBank branch. Account Deposit Service into any GTBank Domiciliary account.
How do I transfer money to a Nigerian bank account?
You can send money to a Nigerian bank account in three simple steps.
- Select the type of service you want. You can choose a money transfer to the recipient’s bank account, or an airtime top up. …
- Tell us where you want the money to go. …
- Tell us whether you want to pay with your debit card or ACH, and provide the details.
How can I send money to Nigeria online?
How to transfer money to Nigeria online?
- Register for free. Sign up online or in our app for free. …
- Choose an amount to send. Tell us how much you want to send. …
- Add recipient’s bank details. Fill in the details of your recipient’s bank account. …
- Verify your identity. …
- Pay for your transfer. …
- That’s it.
How do I receive money from Western Union to my bank account in Nigeria?
Ways to receive money
- Visit one of the 4,500+ Western Union agent locations1 in Nigeria.
- Provide your sender’s name, the amount expected and the tracking number (MTCN).
- Show a government-issued ID.
- Get your money once your details have been verified.
How much does it cost to send money to Nigeria through Western Union?
Table 1: Sending $1000 from the US to Nigeria
|Transfer method||Fees to send $1k USD||Total fees|
|Western Union (slow)||$12||$33|
|Western Union (fast)||$48||$69|
What is the limit of Western Union in Nigeria?
A maximum send limit of 1,000USD Naira equivalent per customer per quarter, as stipulated by the Central Bank of Nigeria.
Which app can I use to send money from USA to Nigeria?
You can make a money transfer to Nigeria from the USA with the WorldRemit website using any device. You can also download our free WorldRemit app for Android and iOS to send money from wherever you are in the USA, 24 hours a day.
What money apps are international?
Compare the Best Money Transfer Apps
|WorldRemit Best for International Transfers||iOS and Android|
|Cash App Best for Low Fees||iOS and Android|
|Venmo Best for Shared Bills||Apple iOS 10.0 or Android Lollipop (API 21) or higher devices|
|Facebook Pay Best for Small Transfers||Depends on the apps you already use|
Can I use Zelle in Nigeria?
No, Zelle is available only in the US. The company allows sending money from one US bank account to another. Both the sender and the recipient must have US bank accounts. But you can always use Monito to find the cheapest option to send money abroad from the US.
Is Western Union still working in Nigeria 2020?
Yes. You can send money from most of our agent locations in Nigeria.
Why is it so hard to send money to Nigeria?
Sending money to Nigeria from USA or from any other country is often a big help for your relatives and your friends living there. But it can be hard as well because of the strict money transfer regulations because of the anti money laundering rules.
How much does it cost to send $100 through Western Union?
The fee is $4.50 to transfer up to $50 and $9.50 to send up to $900. Western Union, in comparison, charges $5 for a money transfer of up to $50, but a transfer of $900 could cost $76. There are a number of price points in between, dependent on the amount of money to transfer.