Nigeria is the largest remittance recipient in Africa, with over $25 billion received annually. Finding the best way to send money to Nigeria from USA can save you significant money and ensure your transfers arrive quickly and securely.
💡 Nigeria Transfer Tip
Avoid traditional banks for Nigeria transfers. They typically charge $30-50 in fees plus poor USD to Naira exchange rates. The providers below offer better rates and lower fees.
5 Best Ways to Send Money to Nigeria
1. Remitly
Best Overall
Best for: First-time senders get $0 fees. Multiple delivery options including bank deposits, cash pickup, and mobile money. Excellent customer service.
Send with Remitly - First Transfer Free2. Wise
Best Exchange Rates
Best for: Large transfers ($2,000+). Uses real mid-market exchange rates. Transparent pricing with no hidden fees.
Send with Wise - Real Exchange RateNigeria Transfer Delivery Options
🏦 Bank Deposit
Direct deposit to Nigerian banks including GTBank, First Bank, Zenith Bank, Access Bank, and UBA. Usually takes 1-3 business days.
💵 Cash Pickup
Pick up cash at thousands of locations across Nigeria through MoneyGram, Western Union, and Ria Money Transfer partners.
Cost Comparison: $1,000 Transfer to Nigeria
| Provider | Total Cost | Recipient Gets |
|---|---|---|
| Remitly | $1,002.99 | ₦ 1,580,000 |
| Wise | $1,006.50 | ₦ 1,575,000 |
| Bank Wire | $1,045 | ₦ 1,520,000 |
Frequently Asked Questions
What documents do I need to send money to Nigeria?
You need a valid ID (driver's license or passport) and recipient details including full name, address, and bank account or pickup location information.
What's today's USD to NGN exchange rate?
The current rate is approximately 1,580 NGN per USD. Check our live rates comparison for the best exchange rates from different providers.
How long does it take to send money to Nigeria?
Bank deposits take 1-3 business days, while cash pickup is usually available within minutes to hours of sending.
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