However, I’ve since circumvented that bottleneck by finding alternate ways they can send money to me from the US.
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 United States has never been easier.
Frequently Asked Questions
- What is the best way to send money to Nigeria?
- Is it illegal to send money to Nigeria?
- Can I send Western Union from Nigeria to USA?
- Can I send money to Nigeria through cash App?
This article will serve as an eye-opener. 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 for a money transfer form.
The sender needs the receiver’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. They are usually in Nigerian banks. He/she needs a driver’s license, an international passport or a voters card to pick up the funds.
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 similar to Western Union. RIA has over 33,000 locations worldwide. The sender in the United States simply needs to log on to the Ria money transfer website and select a recipient, select a bank deposit and select his/her payment method.
The sender can send the money as cash where the receiver can pick at a local bank or send the money directly to the recipient’s bank account. It’s that easy.
With Payoneer, money can easily be sent from the US to Nigeria instantly. The sender simply needs to open a Payoneer account and fund it with a minimum of $100 to be able to send money to Nigeria.
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The Nigerian recipient on his part needs to create a Payoneer account online and request for Payoneer MasterCard to enable him to receive the funds. The card will arrive in Nigeria in 60 days upon request. It lasts for four years.
5. Via a Domiciliary Account
Opening a domiciliary account makes receiving money from the US so much easier. The sender can walk into his bank in the USA and request to deposit funds to the receiver’s Nigerian domiciliary account.
He’ll get the alert instantly. You don’t need to convert the funds, you can withdraw the cash directly from your bank in naira.
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 by the receiver in opening the account. The money can then be transferred by the receiver 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.
Moneygram is one of the best ways to send money from Nigeria to the US. It is one of the most recognised brands in the money transfer business. Moneygram was established in 1940 and has become one of the most effective transfer payment systems. It has a network of more than 200,000 agents located around the world.
For 80 years, MoneyGram customers have not had cause to worry because of their patronage of a secured and reliable service. One caveat is that Moneygram service tends to be a bit higher than some of the money transfer services on this list.
Xoom allows you to transfer money to a Nigeria 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. It has a strong reputation as a quality money transfer service provider. Xoom also has the ‘instant money transfer’ service, but at a higher cost.
Skrill is a widely known payment transfer service, used regularly by forex traders and online betting customers. Skrill has more than 100,000 agents across the world. The service concerns itself with providing fast transfers — whether digital currencies, cryptocurrencies and fiat currencies. Skrill has an app and a UX-friendly website.
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.
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