Question 1

What's the best way to send money to Nigeria from Israel?

Accepted Answer

It can be very confusing when sending money from Israel to Nigeria given so many choices. Additionally, Israeli New Sheqel to NGN exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Israel to Nigeria as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Nigeria from Israel. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Israeli New Sheqel to Nigerian Naira remittances.

Question 2

How to get the best remit rate for transferring money from Israel to Nigeria?

Accepted Answer

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Nigeria from Israel. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your ILS to Nigerian Naira money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Israel to Nigeria corridor to give you more good choices for your next NGN money transfer. This way you do not miss out on additional options to potentially save more.

Question 3

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

Accepted Answer

Finding the cheapest way to send money from Israel to Nigeria might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer ILS to NGN via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Israel to Nigeria exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.

Question 4

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

Accepted Answer

Big banks in Israel are known to make a lot of money by charging high fees on Nigeria money transfers from Israel. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a ILS to NGN exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Nigeria. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Israel to Nigeria. You work hard for your money, so you should also ensure you get the maximum yield when you send NGN overseas.

Question 5

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

Accepted Answer

The first thing to do when you need to convert ILS to NGN quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between Israeli New Sheqel and Nigerian Naira. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Israel to Nigeria remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Nigeria.

Question 6

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

Accepted Answer

Comparing money transfer companies for sending money to Nigeria from Israel can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Nigeria. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Israeli New Sheqel to Nigerian Naira transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Nigerian Naira yield on every Israeli New Sheqel that you send.

Question 7

Step by step guide to send money to Nigeria from Israel

Accepted Answer

There are many important aspects of Israel 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 - Israel 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 Israeli New Sheqel amount you want to send from Israel.
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 ILS	437.60 NGN
5 ILS	2,187.98 NGN
10 ILS	4,375.97 NGN
25 ILS	10,939.92 NGN
50 ILS	21,879.85 NGN
100 ILS	43,759.69 NGN
150 ILS	65,639.54 NGN
200 ILS	87,519.38 NGN
250 ILS	109,399.23 NGN
300 ILS	131,279.07 NGN
400 ILS	175,038.76 NGN
500 ILS	218,798.45 NGN
600 ILS	262,558.14 NGN
700 ILS	306,317.83 NGN
800 ILS	350,077.52 NGN
1000 ILS	437,596.90 NGN
1500 ILS	656,395.35 NGN
2000 ILS	875,193.80 NGN
2500 ILS	1,093,992.25 NGN
3000 ILS	1,312,790.70 NGN
4000 ILS	1,750,387.60 NGN
5000 ILS	2,187,984.50 NGN
10000 ILS	4,375,969.00 NGN
15000 ILS	6,563,953.50 NGN
20000 ILS	8,751,938.00 NGN
30000 ILS	13,127,907.00 NGN
40000 ILS	17,503,876.00 NGN
50000 ILS	21,879,845.00 NGN
100000 ILS	43,759,690.00 NGN

Compare today's ILS to NGN (Israeli New Sheqel to Nigerian Naira) exchange rates

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