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It is now simple to send money from one country to another, thanks to entrepreneurs who have taken it upon themselves to solve the problem of moving money across borders, but Africa, particularly Nigeria, remains one of the most difficult regions to send money to or from anywhere in the world, and the reason is not far-fetched; the activities of yahoo guys and money launderers have caused every financial institution, including Nigeria, to tighten their securities.

However, among all of this, there are some apps that have proven to be more effective in transferring money from foreign countries (USA, UK, and AU) to Nigeria. These apps are listed below in order of transaction rate and ease of use.

Best App for Sending Money to Nigeria (from USA, UK, AU and other countries to Nigeria)

Worldremit

The first on our list is Worldremit, which is popular among Nigerians living abroad. To send money with WorldRemit, go to their website, create an account, and begin sending money.

Suing is simple and straightforward. Worldremit offers two methods for sending money: cash pick up and bank transfer. If you use a bank transfer, make sure the account you’re sending to is a domicile account because a recent government policy stated that no forged currency should enter into a Nigerian account.

For cash pickups, make sure you enter the correct phone number when filling out your information, and avoid using 9mobile because it has a bad reputation when it comes to money transfers.

Worldremit has a list of Nigerian banks with whom they collaborate.

Fidelity

FCMB

The first bank

Bank access

Bank of diamonds

Ecobank

Worldremit has a daily transfer limit of #7,000,000 per transaction.

Eversend

Eversend should be at the top of our list, but it is a multi-purpose app. Eversend is more than just a money transfer app; it also allows you to save and shop online. They also have a feature where you can make a virtual dollar card to use when shopping online.

You can fund your Eversend account with any currency in the world, and it will convert it to the currency you want to send to, allowing you to send money to any country in the world from anywhere.

Eversend provides assistance to many countries, including

United States, United Arab Emirates, Turkey, Kuwait, South Korea, Canada, India, and Belgium Germany, Switzerland, the United Kingdom, and the Netherlands

Kenya, Ghana, Nigeria, South Africa, Tanzania, Uganda, and Swaziland are among the countries represented.

RIA funds

Ria Money is another big shark in the global money transaction industry, with a presence in over 140 countries. Ria’s services also include bill payment and money tracking. It is simple to use; once you register, you will receive a prompt directing you to send your money.

They, like WorldRemit, have two methods of transferring money: bank deposit and cash pickup, and you can load money into your account via bank deposit or credit card.

If you choose bank deposit, make sure the recipient has a domiciliary account, and if you choose cash pickup, make sure the recipient’s phone number is operational because a pin will be sent to that number, and they should bring their ID card with them when they go to the bank to pick up the cash. The daily limit for sending money to Nigeria is $500 or its equivalent in any other foreign currency.

The Nigerian banks that support RIA money are listed below.

Bank of diamonds

Skye Savings Bank

The Ecobank

The first bank

Send Money to Africa

When it comes to transaction fees and ease of use, Sendcash is one of the best apps for sending money to Nigeria. You do not need to open an account with Sendcash Africa; simply go there, enter the amount you want to send, connect your account, and voila, it will send to the recipient within 10 minutes to 3 working days.

Sendcash gives you two options for sending money: cash or cryptocurrency. If you use cryptocurrency, the daily transfer limit is $2,500 and there is no transaction fee other than what your wallet charges you; if you use cash, the limit is $1,000 and there is a transaction fee.

To have a transaction that is free of friction Sendcash collaborates with the companies listed below.

Pay with Apple

App for cash

Bitcoin wallet

Remitly

Another company that makes it simple to send money to Nigeria is Remitly. They, like others, have two options: bank deposit or cash pickup.

For cash pick-up, the recent must have a domestic account, as well as a working phone number and a valid ID card.

You can send money using remit from many countries around the world, including

Australia, Austria, Canada, Belgium, France, Germany, Italy, Finland, the Netherlands, Singapore, the United States of America, and the United Kingdom are all represented.

Transfergo

Tranfergo is based in the United Kingdom, but has a global presence in over 40 countries and works with 22 currencies. If you’re looking for an affordable option, Tranfergo is the best choice; their fees are determined by the amount you want to send, the currency rate, and how quickly you want your money to arrive.

Trasnfergo, like many other companies that deal with money in the UK, is licenced by the FCA (Financial Conduct Authority) and Her Majesty Revenue and Customs.

Azimo

Azimo is yet another low-cost option for sending money to Nigeria. Azimo only allows you to send money via cash pickup, but it is efficient. The person to whom you are sending money will receive an email about the transfer and an SMS containing an OTP; they will take this code, along with their ID card, to the bank specified in the email and cash out the money quickly.

You can fund your Azimo account with a debit or credit card, as well as via bank transfer.

Wise

Wise, formerly known as Transferwsie, is another good option for sending money to Nigeria. It is simple; go to their website and create an account, load your account with a debit or credit card, bank transfer, swift, and send your money to a Nigerian domicile account. Wise charges $1.33 plus 0.61% of the amount transferred; it is quick, cheap, and simple.

Xoom

Xoom is a PayPal app that is simple and quick, but it is expensive. To use it, go to their website and create an account. You can load your account with a bank transfer, a credit card, or a debit card; however, all other methods incur a fee. Before you send the money, it will be converted to Nigerian currency, which will incur a fee. The transaction fee is determined by the amount you are sending.

While Xoom is expensive, it is fast; the recipient will receive the money in 1 to 2 business days.

Moneygram

Moneygram is an old player in the game; if you want a reliable company to help you transfer money, Moneygram is the way to go; with a presence in over 50 countries and over 300,000 locations, you can rely on them.

However, if you need a quick solution, Moneygram is not the way to go; they can be slow to deliver transactions at times, and their fees vary depending on the currency.

Western Union

Western Union is the largest money transfer company in the world; they have been in business for many years; if you are looking for a trusted company like Monogram, they are the go-to; however, their fees are high, and they can be slow at times, possibly due to their scrutiny.

Paystack

Paystack, our very own app, has helped and continues to help many businesses and individuals collect money from abroad. Though most people outside of Nigeria are unaware that they can send money using Paystack, it is one of the best methods. All you need to do is ask the person you want to send money to in Nigeria to create a Paystack account, then have that person create a payment link and send it to you.

You will be able to use your credit or debit card to pay.

Flutterwave

Flutterwave, which is similar to Paystack, can also be used to send money from abroad to Nigeria. To use it, simply follow the same steps as Paystack.

What is the minimum and maximum transfer amount to Nigeria?

The maximum and minimum transfer limits vary depending on the platform; the average transfer limit in most platforms is $100 (minimum) and $50,000 (maximum).

How do I save money when transferring to Nigeria?

Make sure the platform you’re using supports two-factor authentication, and read their privacy policies to learn more about them.

What information is required when sending money to Nigeria?

You will need the following information:

For cash pick-up, the recipient’s name, address, email, and sometimes phone number are required.

For bank transfers, the account number is usually the domicile account.

App for sending money to Nigeria from the United States

Worldremit, Eversend, and Sendcash are the best apps for sending money to Nigeria from the United States because they are simple to use and have been proven to be secure.

Money transfer app from the United Kingdom to Nigeria

Transfergo, Azimo, and Remitly are the best apps for sending money from the UK to Nigeria.

Money transfer app from India to Nigeria

Western Union, Sendcash, and Worldremit are the best apps for sending money from India to Nigeria.

Money transfer app from Ghana to Nigeria

Use Sendcash, Eversend, or Worldremit to send money from Ghana to Nigeria and vice versa.

What to consider when selecting a platform to send money to Nigeria

This is something to think about when selecting an app to send money.

Securities

The apps listed above have good security, and some even have two factor authentication, and they are licenced by regulators in their respective countries.

If you have another platform in mind that is not listed here, I recommend that you check their privacy policy and location. A secure platform will have a presence in many locations, and their privacy policy will appear mature. You should also check and verify their partners.

Speed

Some money transfer apps, such as Monygram, take an eternity before the recipient receives the money, which is inconvenient for those who want a quick transaction, so do your research before deciding.

Location

Is the app available in your area? Some money transfer apps are not available in major countries, and when you register and load your account, they may not say anything until you proceed to make a transfer, at which point it will be difficult for you to collect your money.

Conclusion

We have done our best to provide you with the best apps for sending money to Nigeria from a foreign country. It is now up to you to make your decision, and we wish you luck.

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