Send Money to Nigeria with TransferGo
Table of Contents
- How do transfers to Nigeria with TransferGo work?
- How can I send USD to Nigeria for cash pickup?
- Does TransferGo provide good exchange rates to send money to Nigeria?
- Why should I use TransferGo to send money to Nigeria?
- Conclusion
TransferGo provides secure and affordable money transfers for people who want to send money back to their families.
With TransferGo, you can send Naira and USD from as little as 5 USD or Naira equivalent to 22 banks in Nigeria. They also support USD cash pickups, which are available from 5 major banks.
How do transfers to Nigeria with TransferGo work?
So, if you want to make fast, safe and low-cost money transfers to Nigeria, TransferGo cheap money transfer service has got your back.
Here's how it works:
- Transfer Naira or USD straight to the receiver's bank account.
- You can also send money using their phone number instead.
- The receiver will get an SMS with a payment link in it. They can follow the instructions to fill in their own bank details to claim the money.
- The receiver doesn't need to sign up to a TransferGo account.
- TransferGo will send you a link to track the transfer. You can share it with the receiver, so they know exactly when the money is coming in.
Never overpay on international money transfers again. Read TransferGo's step by step guide on how to send money to Nigeria quickly and easily.
How can I send USD to Nigeria for cash pickup?
You can also send USD to Nigeria for cash collection. It's fast, secure and cash pickup is available in minutes from 5 major banks.
Collection couldn't be simpler. The details will be sent to the receiver via SMS. On collection, they must provide their Biometric Verification Number (BVN), as well as ONE of the following: driving license, National ID or passport.
Does TransferGo provide good exchange rates to send money to Nigeria?
The Nigerian remittance market is highly competitive, and numerous money transfer companies operate in the space.
TransferGo is currently providing really competitive exchange rates to Nigeria. For example, to send money from UK to Nigeria, TransferGo's exchange rate is the best in the market.
At the time of this writing*, TransferGo is providing an exchange rate of 1 GBP = 700.6155 NGN, while the interbank rate is at 1 GBP = 511.4496. That is a huge difference you should take advantage of asap!
* Exchange rates as of May 10, 2022
TransferGo is providing really high exchange rates to Nigeria. Take advantage while these excellent rates last!
Why should I use TransferGo to send money to Nigeria?
There are a lot of good reasons why TransferGo can be a great choice to send money to Nigeria. We list some of these below.
- It's easy — all you need is the receiver's name and bank details or phone number
- It's quick — using TransferGo is the faster way to send money, day or night
- Secure — TransferGo is regulated by the Financial Conduct Authority (FCA) and supervised by the HM Revenue and Customs (HMRC) in the UK
- Low fees and no hidden costs — what you see is what you get
- Flexibility — with reliable website and highly rated app, you can send money from anywhere
- Trust - 4 million users worldwide already trust TransferGo with their money, and they have a 4.8/5.0 score on Trustpilot
Conclusion
It is quick and easy to send money to Nigeria with TransferGo. Additionally, TransferGo is offering some really competitive exchange rates that will help maximize the amount your recipient gets in Nigeria. Take advantage while these rates last!
If you have any questions, TransferGo's Customer Support team is always here to help!
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