Have you ever thought of sending money to family, friends, or associates in Nigeria, and you are faced with the hurdle of choosing the best way to do that? Do not fret because you are not alone. But, irrespective of where you’re in the world, this digital age has given rise to some apps to send money to Nigeria, eliminating the dependence on traditional banks with slow and high fees features. Let’s dive deep into the apps.
1. MoneyGram App
MoneyGram is one of the popular ways to send money to Nigeria from anywhere in the world, as it is fast, convenient, and reliable. The app is available for download on the Google Play Store and Apple Store, with millions of downloads over the years.
You can use various features on MoneyGram to transfer money to Nigeria. This includes using your bank account or credit/debit card. You will not pay any fee for your first online money transfer. But you will be charged with a ranging from $2 to $5 when using bank transfer and $2 to $21 for card payments.
2. Remitly App
Remitly enables you to send money online to Nigeria via its app. This money transfer process is fast and secure and you can send money to Nigerian banks such as Zenith Bank, GTBank, UBA, First Bank, Access Bank, etc.
The Remitly app operates on a multi-level security to secure your money and data. It offers 24/7 customer support to ensure your money transfer is seamless on the platform. Remitly promises a special exchange rate offer on your first transfer to Nigeria, and there are no fees for any transfers.
3. Western Union App
Western Union has an app that enables you to send money with your bank account, credit/debit cards, wire transfers, or cash. You can use the Western Union app to send money from over 200 countries to Nigeria. You can use this platform to send funds to most banks in Nigeria without hassle.
Notably, exchange rates and fees are subject to change when using the Western Union app but there is no transfer fee when using the platform for the first time. You will always get a quote, as well as payment and delivery options on the platform before sending money.
4. Wise App
Wise is an online service that allows you to send money to over 80 countries, including Nigeria. This uses the mid-market exchange rate to process its currency conversion to the Nigerian naira when you’re sending money to Nigeria. The Wise app is available for download on the Google Play Store or Apple Store. You can read more on our Wise review to understand how the platform works.
5. Grey App
Grey does not only offer banking services for digital nomads but also enables its users to send money to Nigeria, as it supports all international payments to the country. You can open a free US, UK, or European bank account on Grey to receive funds from various sources.
The Grey app is available for download on the Google Play Store and Apple Store. You will be charged a transfer fee of 2% of the amount you are sending plus $0.50 when sending money to Nigeria. However, if you are sending money from one Grey account to another Grey account in Nigeria using the GreyTag, the transfer is free and instant.
6. WorldRemit App
The WorldRemit app enables you to send money fast to Nigeria as your recipient may be able to receive money directly into their bank account or mobile. Many commercial banks support WorldRemit payments in Nigeria, including Access Bank, First Bank, UBA, Fidelity Bank, Zenith Bank, etc.
There is no fee on the first three transfers you make on WorldRemit, but the transfer fee ranges from $1 to $3, with the exchange rate subject to change. This platform can recall your transaction when you accidentally transfer money to the wrong recipient.
7. TransferGo App
TransferGo is considered a good app to use when sending money from the UK or the European Union (EU). It is known for constantly offering cheap exchange rates on money transfers to Nigeria and other countries. The TransferGo app also provides many pay-in and pay-out options, making it easy to use.
Sending money to Nigeria is free of charge on TransferGo, as about 22 banks in the country support it. TransferGo is available for download on the Google Play Store and Apple Store. Its exchange rate is subject to change.
8. Instarem App
Instarem is another app you can use to send money to Nigeria if you are in the US, UK, Canada, Australia, India, Singapore, Hong Kong, etc., which is owed to its reliability. This platform features a currency converter that allows you to convert any currency into the Nigerian naira.
The Instarem app is available for download on the Google Play Store and Apple Store. The platform promises special rates and zero fees for new customers on their first transfer. You can use a bank transfer or debit card to send money to Nigeria using Instarem, which is fast.
9. Afriex App
Afriex is a global payment company with a money transfer app that is considered trusted and reliable for international transfers. This platform has the twin advantages of speed and best-grade security with end-to-end encryption of all transactions.
The Afriex app is available for download on the Google Play Store and Apple Store, enabling business transactions and money transfers to loved ones in Nigeria. This platform offers competitive exchange rates and zero fees when sending money to the country.
10. Sendwave App
Sendwave is a US-based company owned by the fintech company Chime. It specializes in online transfers to African countries like Nigeria, Ghana, and Kenya. Many banks in Nigeria support Sendwave, including GTBank, Access Bank, and First Bank.
The Sendwave app is available for download on the Google Play Store or Apple Store. It is a fast and secure money transfer app with over a million users. There are no transfer fees for using the Sendwave app.
Frequently Asked Questions (FAQs) About Top Apps To Send Money To Nigeria
What Is The Best App To Transfer Money To Nigeria?
There are many money transfer apps to use, but you may need to consider speed, fees, and security to choose the best app to send money.
Which Money Transfer Apps Are Free To Use?
Some money transfer apps that do not charge a fee are Afriex, Sendwave, Instarem, TransferGo, etc.
Is It Safe To Use Money Transfer Apps?
It is considerably safe to use money transfer apps, but it is imperative to use reputable and reliable apps. You can also check the reviews of apps to know what customers are saying about them.
Conclusion
Digitization has made the world a global village where you can send and receive money as fast as possible without waiting for many days, as with traditional banks. You can use many apps to send money to Nigeria, some of which we’ve highlighted in this article.
However, it is essential to do your due diligence in studying the money transfer apps more to understand how they work and their features fully.
