Question 1

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

Accepted Answer

There are many good choices when it comes to sending money from Nigeria to Reunion. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Nigerian Naira to EUR money transfers.

We compare different remittance companies to bring you the best options to send money to Reunion from Nigeria. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Nigerian Naira to Euro money transfers. You can take advantage of these deals and make the most of your hard earned money.

Question 2

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

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 Reunion.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Nigeria to Reunion 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 transfer money from Nigeria to Reunion?

Accepted Answer

When you want to send money to Reunion from Nigeria, you obviously want the cheapest possible option to maximize the money your recipient gets in Euro. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your NGN to EUR money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Nigeria to Reunion. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Nigeria to Reunion exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Euro overseas.

Question 4

How to send money from Nigeria to Reunion through a bank?

Accepted Answer

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low NGN to EUR exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Nigeria to Reunion money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Reunion from Nigeria. They do this by letting you fund your transaction through your local bank account in Nigeria, and by allowing you to choose the payout to be your recipient's bank account in Reunion. But, you are likely to get much better rates and lower fees compared to your bank.

Question 5

How to send money to Reunion from Nigeria fast?

Accepted Answer

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Nigeria to Reunion. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert NGN to EUR fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Nigerian Naira amount reaching Reunion. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Euro quickly to Reunion, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.

Question 6

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

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 Reunion. 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 Reunion 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 Reunion transaction.

Question 7

Step by step guide to send money from Nigeria to Reunion

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 Reunion, 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 Reunion 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 Reunion 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

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