Question 1

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

Accepted Answer

Sending money internationally to Nigeria from Portugal can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Euro to NGN remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Nigeria. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Nigerian Naira.

Question 2

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

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 Portugal 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 Portugal 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 Portugal 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 Portugal 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

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

Accepted Answer

Bank transfers have been a traditionally popular way to send money overseas from Portugal 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 Portugal 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 transfer money from Portugal to Nigeria?

Accepted Answer

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Portugal to Nigeria. 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 EUR to NGN 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 Euro amount reaching Nigeria. 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 Nigerian Naira quickly to Nigeria, 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 send money to Nigeria from Portugal?

Accepted Answer

Portugal 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 transfer money to Nigeria from Portugal

Accepted Answer

With so many possible ways to transfer Euro to Nigerian Naira, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Portugal to Nigeria remittance transaction, you can follow the below step by step procedure.

Create an account at your chosen operator.
You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
Add bank accounts for both the sender in Portugal and the receiver in Nigeria. Using bank deposits can be the cheapest option to send money.
Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
At this point, you are pretty much done, and the operator will take it on from here.
Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your EUR to Nigerian Naira money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.

1 EUR	1,588.59 NGN
5 EUR	7,942.96 NGN
10 EUR	15,885.93 NGN
25 EUR	39,714.82 NGN
50 EUR	79,429.63 NGN
100 EUR	158,859.26 NGN
150 EUR	238,288.89 NGN
200 EUR	317,718.52 NGN
250 EUR	397,148.15 NGN
300 EUR	476,577.78 NGN
400 EUR	635,437.04 NGN
500 EUR	794,296.30 NGN
600 EUR	953,155.56 NGN
700 EUR	1,112,014.82 NGN
800 EUR	1,270,874.08 NGN
1000 EUR	1,588,592.60 NGN
1500 EUR	2,382,888.90 NGN
2000 EUR	3,177,185.20 NGN
2500 EUR	3,971,481.50 NGN
3000 EUR	4,765,777.80 NGN
4000 EUR	6,354,370.40 NGN
5000 EUR	7,942,963.00 NGN
10000 EUR	15,885,926.00 NGN
15000 EUR	23,828,889.00 NGN
20000 EUR	31,771,852.00 NGN
30000 EUR	47,657,778.00 NGN
40000 EUR	63,543,704.00 NGN
50000 EUR	79,429,630.00 NGN
100000 EUR	158,859,260.00 NGN

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

📈 Portugal to Nigeria Money Transfer Snapshot Today

Money Transfer Providers that matched the search criteria

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

Today's Most Competitive Portugal to Nigeria Providers

Latest EUR to NGN Conversion Rates