Send money to Nigeria from the US – In this post, I’ll gladly show you various methods you can use to send funds to Nigeria without much hassle…
In my experience, I discovered that many clients do not know how to send money from the US to Nigeria. In this age of cutting-edge technology, sending money to Nigeria from the US has never been easier.
Frequently Asked Questions
Gone are the days you have to go through so much stress to send money. There are numerous ways to send money instantly to Nigeria from the US.
I won’t mention PayPal because they, annoyingly, still blacklist Nigeria. However, there are other better alternatives. Find them below.
1. Wire transfer
Wire transfer is one of the easiest and fastest ways to send money instantly from any part of the world. For wire transfer to work, the sender is required to provide the bank details of the receiver in Nigeria. The following information is needed:
- Recipient bank name in Nigeria (the bank that the money is going to)
- Recipient bank Swift number or other code
- Payee’s account number at the bank
Remember, a wire transfer cannot be reversed if something goes wrong so ensure the above details are correct before proceeding to transfer funds.
2. Western Union
Western Union has grown to become one of the most respected money transfer systems in the world. It’s very easy to send money to Nigeria from the US via Western Union. The sender simply needs to walk into any Western Union outlet in the US and request a money transfer form.
The sender needs the recipient’s full name, address, and phone number. He/she either pays for the transaction via his bank account debit card or with cash. The process can also be completed online on the Western Union website.
The receiver can pick up the money in Nigeria via any Western Union outlet. The funds are usually in Nigerian banks. He/she needs a driver’s license, an international passport or a voter’s card to do so.
The receiver must also provide sender information like the name of the sender, amount sent, address of the sender, money transfer code number (MTCN) and senders’ phone number.
3. Ria Money Transfer
Ria Money Transfer operates quite similarly to Western Union. It has over 33,000 locations worldwide. The sender in the United States simply needs to log on to the Ria money transfer website, select a recipient, select a bank deposit and select his/her payment method.
The sender can send the money as cash, which the receiver can pick up at a local bank or send directly to the recipient’s bank account. It’s that easy.
4. Payoneer
With Payoneer, money can be sent instantly from the US to Nigeria. The sender simply needs to open a Payoneer account and fund it with a minimum of $100.
Read Also: GTBank 737 Codes
The Nigerian recipient needs to create a Payoneer account online and request a Payoneer MasterCard to receive the funds. Upon request, the card will arrive in Nigeria in 60 days and last for four years.
5. Via a Domiciliary Account
Opening a domiciliary account makes receiving money from the US much easier. The sender can walk into his bank in the USA and request that funds be deposited into the receiver’s Nigerian domiciliary account.
He’ll get the alert instantly. You don’t need to convert the funds, and you can withdraw the cash directly from your bank in naira.
6. Neteller
This was one of the first payment options I used as an alternative to PayPal. The sender simply needs to open and verify a Neteller account – this can be done in one day.
The receiver needs to do the same thing. The sender sends the money to the email address used to open the account. The receiver can then transfer the money to any bank account of their choice. He/she gets an alert within 5-7 working days.
If you have a client, family member or friend in the United States who complains of not knowing how to send you money from the States, you can tell them about the above payment options. Problem solved.
7. Moneygram
Moneygram is one of the best ways to send money from Nigeria to the US. It is one of the most recognized brands in the money transfer business. Established in 1940, Moneygram has become one of the most effective transfer payment systems. It has a network of more than 200,000 agents worldwide.
For 80 years, MoneyGram customers have not had cause to worry because of their patronage of a secure and reliable service. One caveat is that Moneygram services tend to be a bit higher than some of the money transfer services on this list.
Read MoneyGram Tracking – How Do I Track my MoneyGram Transfer
8.Xoom
Xoom allows you to transfer money to a Nigerian bank account or send money via cash pickup. The service is available in more than 80 countries, including Nigeria. It also lets you recharge your phone in more than 20 countries. Xoom has a strong reputation as a quality money transfer service provider. It also has an ‘instant money transfer’ service but at a higher cost.
Read: The 9 Best Money Transfer Apps of 2021 | Latest Guide
9. Skrill
Skrill is a widely known payment transfer service used regularly by forex traders and online betting customers. The service has more than 100,000 agents worldwide and concerns itself with providing fast transfers, whether digital currencies, cryptocurrencies or fiat currencies. Skrill has an app and a UX-friendly website.
10. OFX
OFX has processed transactions worth more than 50 billion pounds since its establishment in 1998. It is one of the biggest money transfer platforms in the world today. It is known for its round-the-clock customer service and low fee charges.
Which Nigerian bank makes use of Remitly?
First Bank, Access Bank, Ecobank, United Bank For Africa (UBA), GT Bank, Fidelity Bank, First City Monument Bank (FCMB), Union Bank, Polaris, and other banks are among those where they can pick up cash or receive bank deposits. Provide the name, city (for cash pick-up only), and bank information of the recipient (for bank deposits only).
Can Remitly be used to send money from Nigeria to the USA?
Remitly is an easy-to-use payment service that allows recipients in Nigeria to send money via account deposit or cash pick-up. Remitly is also an international payment and money transfer corporation with a network that includes the Philippines, Australia, Europe, Asia, and Africa.
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