Question 1

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

Accepted Answer

With the global remittance market booming, there are so many choices for Euro to NGN money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Nigeria from Finland. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final NGN amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.

Question 2

How to get the best exchange rate for sending money from Finland to Nigeria?

Accepted Answer

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Nigeria from Finland.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your EUR to Nigerian Naira remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for EUR to NGN remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.

Question 3

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

Accepted Answer

The final amount your recipient gets when you send EUR to NGN is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Finland to Nigeria used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Nigerian Naira is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Euro to Nigeria exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.

Question 4

Should I use my bank to transfer money from Finland to Nigeria?

Accepted Answer

Bank transfers have been a traditionally popular way to send money overseas from Finland 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 Finland 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

What is the fastest way to do a money transfer to Nigeria from Finland?

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 Finland 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 Finland 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 send money from Finland to Nigeria?

Accepted Answer

The first step in selecting the best money transfer operators for Finland to Nigeria remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Euro to Nigerian Naira money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Nigeria.

Question 7

Step by step guide to send money from Finland to Nigeria

Accepted Answer

There are many important aspects of Finland to Nigeria remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Finland bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include NGN bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
Step 4 - Provision recipient details including name and address.
Step 5 - Decide how much Euro amount you want to send from Finland.
Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Nigeria to validate that they get the money once the transaction clears.

1 EUR	1,623.04 NGN
5 EUR	8,115.18 NGN
10 EUR	16,230.35 NGN
25 EUR	40,575.88 NGN
50 EUR	81,151.77 NGN
100 EUR	162,303.53 NGN
150 EUR	243,455.30 NGN
200 EUR	324,607.06 NGN
250 EUR	405,758.83 NGN
300 EUR	486,910.59 NGN
400 EUR	649,214.12 NGN
500 EUR	811,517.65 NGN
600 EUR	973,821.18 NGN
700 EUR	1,136,124.71 NGN
800 EUR	1,298,428.24 NGN
1000 EUR	1,623,035.30 NGN
1500 EUR	2,434,552.95 NGN
2000 EUR	3,246,070.60 NGN
2500 EUR	4,057,588.25 NGN
3000 EUR	4,869,105.90 NGN
4000 EUR	6,492,141.20 NGN
5000 EUR	8,115,176.50 NGN
10000 EUR	16,230,353.00 NGN
15000 EUR	24,345,529.50 NGN
20000 EUR	32,460,706.00 NGN
30000 EUR	48,691,059.00 NGN
40000 EUR	64,921,412.00 NGN
50000 EUR	81,151,765.00 NGN
100000 EUR	162,303,530.00 NGN

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

How to get the best exchange rate for sending money from Finland to Nigeria?

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

Should I use my bank to transfer money from Finland to Nigeria?

What is the fastest way to do a money transfer to Nigeria from Finland?

Which are the best money transfer companies to send money from Finland to Nigeria?

Step by step guide to send money from Finland to Nigeria

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