Question 1

What's the best way to transfer money from Belgium to Nigeria?

Accepted Answer

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Belgium to Nigeria. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Euro to NGN.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send EUR to NGN in Nigeria. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Nigeria from Belgium. We provide you with maximum choices to send money to Nigeria by comparing competing money transfer companies thereby making you the winner in the end.

Question 2

How to get the best rate to transfer money to Nigeria from Belgium?

Accepted Answer

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your EUR to Nigerian Naira money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Belgium to Nigeria. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for EUR to NGN remittances. With our daily free rate alert, you will never have to manually search and compare providers again.

Question 3

What's the cheapest way to send money from Belgium to Nigeria?

Accepted Answer

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Belgium to Nigeria via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Euro to Nigerian Naira remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Belgium to Nigeria exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for EUR to NGN remittances.

Question 4

Should I use my bank to send money from Belgium to Nigeria?

Accepted Answer

Bank transfers have been a traditionally popular way to send money overseas from Belgium to Nigeria. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the EUR to NGN exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Belgium bank for your Nigeria money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.

Question 5

How to send money from Belgium to Nigeria fast?

Accepted Answer

If you need to convert EUR to NGN as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Belgium to Nigeria could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Euro to Nigerian Naira funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Nigeria.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Belgium to Nigeria. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.

Question 6

Which are the best money transfer companies to transfer money to Nigeria from Belgium?

Accepted Answer

Belgium to Nigeria money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Nigeria as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Euro to Nigerian Naira money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.

Question 7

Step by step guide to send money from Belgium to Nigeria

Accepted Answer

The first step to send money to Nigeria from Belgium is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your EUR to NGN overseas funds transfer.

Click through to the provider's site and register an account.
Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
Add recipient information including their bank account in Nigeria if paying via ACH direct deposit or bank transfer.
Enter your sending amount, and initiate a transaction.
Pay for your transaction via your Belgium bank account or alternative methods like a debit card.
Sit back and relax, and see your money travel to Nigeria!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Belgium to Nigeria.

1 EUR	1,674.57 NGN
5 EUR	8,372.86 NGN
10 EUR	16,745.73 NGN
25 EUR	41,864.32 NGN
50 EUR	83,728.63 NGN
100 EUR	167,457.26 NGN
150 EUR	251,185.89 NGN
200 EUR	334,914.52 NGN
250 EUR	418,643.15 NGN
300 EUR	502,371.78 NGN
400 EUR	669,829.04 NGN
500 EUR	837,286.30 NGN
600 EUR	1,004,743.56 NGN
700 EUR	1,172,200.82 NGN
800 EUR	1,339,658.08 NGN
1,000 EUR	1,674,572.60 NGN
1,500 EUR	2,511,858.90 NGN
2,000 EUR	3,349,145.20 NGN
2,500 EUR	4,186,431.50 NGN
3,000 EUR	5,023,717.80 NGN
4,000 EUR	6,698,290.40 NGN
5,000 EUR	8,372,863.00 NGN
10,000 EUR	16,745,726.00 NGN
15,000 EUR	25,118,589.00 NGN
20,000 EUR	33,491,452.00 NGN
30,000 EUR	50,237,178.00 NGN
40,000 EUR	66,982,904.00 NGN
50,000 EUR	83,728,630.00 NGN
100,000 EUR	167,457,260.00 NGN

Compare today's EUR to NGN (Euro to Nigerian Naira) exchange rates

Found 10 Remittance Service Providers

All you need to know about Euro to Nigerian Naira money transfers

Latest EUR to NGN Conversion Rates

What's the best way to transfer money from Belgium to Nigeria?

How to get the best rate to transfer money to Nigeria from Belgium?

What's the cheapest way to send money from Belgium to Nigeria?

Should I use my bank to send money from Belgium to Nigeria?

How to send money from Belgium to Nigeria fast?

Which are the best money transfer companies to transfer money to Nigeria from Belgium?

Step by step guide to send money from Belgium to Nigeria

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