Question 1

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

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 Nigeria to Cyprus. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Nigerian Naira to EUR.

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 NGN to EUR in Cyprus. 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 Cyprus from Nigeria. We provide you with maximum choices to send money to Cyprus 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 Cyprus from Nigeria?

Accepted Answer

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Cyprus.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Nigeria to Cyprus transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your NGN to Euro money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.

Question 3

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

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 Nigeria to Cyprus 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 Nigerian Naira to Euro 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 Nigeria to Cyprus 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 NGN to EUR remittances.

Question 4

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

Accepted Answer

Big banks in Nigeria are known to make a lot of money by charging high fees on Cyprus money transfers from Nigeria. 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 NGN to EUR 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 Cyprus. 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 Nigeria to Cyprus. You work hard for your money, so you should also ensure you get the maximum yield when you send EUR overseas.

Question 5

How to send money to Cyprus from Nigeria fast?

Accepted Answer

If you need to convert NGN to EUR 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 Nigeria to Cyprus 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 Nigerian Naira to Euro 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 Cyprus.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Nigeria to Cyprus. 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 Nigeria to Cyprus?

Accepted Answer

Since the Nigerian Naira to Euro money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Nigeria that may also be able to send money to Cyprus. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your NGN to EUR money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Cyprus gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Nigeria to Cyprus transaction.

Question 7

Step by step guide to send money to Cyprus from Nigeria

Accepted Answer

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Nigeria to Cyprus, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Nigeria to Cyprus that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
Provide information about the receiver - name, address and a bank account in Cyprus where they can receive monies in Euro.
Then, provide details of your Nigeria bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
Finally, select the amount you want to transfer, and click Send.
The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your NGN travel to another part of the globe.

1 NGN	0.00 EUR
5 NGN	0.00 EUR
10 NGN	0.01 EUR
25 NGN	0.02 EUR
50 NGN	0.03 EUR
100 NGN	0.07 EUR
150 NGN	0.11 EUR
200 NGN	0.14 EUR
250 NGN	0.18 EUR
300 NGN	0.21 EUR
400 NGN	0.28 EUR
500 NGN	0.35 EUR
600 NGN	0.42 EUR
700 NGN	0.49 EUR
800 NGN	0.56 EUR
1000 NGN	0.70 EUR
1500 NGN	1.05 EUR
2000 NGN	1.40 EUR
2500 NGN	1.75 EUR
3000 NGN	2.10 EUR
4000 NGN	2.80 EUR
5000 NGN	3.50 EUR
10000 NGN	7.00 EUR
15000 NGN	10.50 EUR
20000 NGN	14.00 EUR
30000 NGN	21.00 EUR
40000 NGN	28.00 EUR
50000 NGN	35.00 EUR
100000 NGN	70.00 EUR

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

📈 Nigeria to Cyprus Money Transfer Snapshot Today

💡What today's NGN-EUR exchange rates mean for you

Latest NGN to EUR Conversion Rates