The internet and smartphones have made almost everything simple and accessible to everyone. Money transfer from one country to another has also become simpler.
10 years ago, the only way to send money to Nigeria was through credit unions such as Western Union. However, this method had several drawbacks, including high fees and the need to visit a bank. In this article, we are going to talk about which app can I use to send naira to Nigeria.
Sending money from one country to another has never been easier, thanks to the fintech revolution and cryptocurrency adoption. However, this is not the case in Nigeria.
Sending money to Nigeria is currently difficult due to the CBN’s strict money transfer regulations based on non-compliance with anti-money laundering rules.
5 Best Apps for Sending Money to Nigeria
Looking for apps that you can you to send money in naira to Nigeria from other countries, check out some below;
People worldwide use WorldRemit as one of the best ways to send money to Nigeria. With Worldremit, anyone can send money to Nigeria as a cash pickup, airtime popup or bank transfer. However, understand that you can only send a bank transfer to Nigerian Dollar accounts (called “domiciliary accounts”).
You can send money to Fidelity, FCMB, FirstBank, Access Bank, Diamond Bank, and Ecobank, which are all banks in Nigeria. You can send money to Opay and PagaTech mobile money wallets in Nigeria with WorldRemit even though you can’t send money to mobile wallets because of a new CBN rule.
With WorldRemit, you can send up to about ₦7,000,000 to Nigeria per transfer and day for bank transfers. But the limits depend on where you live and how you plan to pay.
2. RIA Money Transfer
One of the largest money transfer services in the world is RIA Money Transfer. It is sold in 314,000 places in 144 countries around the world. RIA Money Transfer does more than send money. It can also pay bills, handle debit cards, send money orders, and track packages.
Nigerian banks like Diamond Bank, First Bank, Skye Bank, and Ecobank have teamed up with RIA money transfers to make sending money from other countries to Nigeria easy.
The fees for RIA Money Transfer are clear, and there are no hidden fees. To use RIA to send money, you must sign up for an account by visiting RIA’s website.
After signing up for an RIA account and getting it approved, you can send money to Nigeria. RIA lets you send money to Nigeria in three ways: by bank account, debit card, or credit card. You can also keep track of your transaction until the money gets to the person you sent it to.
As one of the app in which app can I use to send naira to Nigeria, Eversend is a multi-currency e-wallet that lets anyone exchange, save, and send money instantly at the best rates within and outside Africa.
With the Eversend app, you can send an instant bank transfer to a bank account in Nigeria.
Eversend says it can save you up to 70% on fees and currency conversions. Eversend also lets you make a virtual debit card and use it immediately to shop online. You can put any currency on the virtual debit card and shop in USD.
With this app, you can also hold and trade different currencies, like USD, EUR, NGN, KES, UGX, RWF, and GBP.
With Eversend, you can send money to Nigeria from any of these places:
- Africa: Rwanda, Ghana, Kenya, Nigeria, Tanzania, South Africa, Swaziland, Uganda.
- Europe: Belgium, France, Netherlands, United Kingdom, Germany, Switzerland.
- Rest of the World: Australia, Canada, South Korea, India, Kuwait, Turkey, United Arab Emirates, United States.
4. Sendcash Africa
Sendcash makes it easy to send money to Nigerian bank accounts from anywhere in the world in just a few minutes and also one of the best app which app can I use to send naira to Nigeria. You can use your bank card, Apple Pay, the Cash App, or a Crypto wallet to send money using Crypto.
It’s a great way to send money to family and friends in Nigeria or if you’re a freelancer or artist in Nigeria and get money from clients abroad.
Sendcash is quick, cheap, and doesn’t require signing up. Enter the account number to which you want to send money, and you’re all set. Transfers on Sendcash can take a few minutes to four hours, depending on the cash available and the current rates.
Sendcash has two ways to send money. Wyre uses a bitcoin wallet and USDC (Bank Card or Apple Pay). When you use a bitcoin wallet, you can do up to $2500 worth of transactions, but with Wyre, you can only do up to $1000.
Remitly is another good service to send money to Nigeria from outside the country.
Remitly is a great digital alternative to traditional money transfer services like Western Union and Money Gram because it makes sending money to Nigeria fast, safe, and not too expensive.
You can use the Remitly online money transfer service or the Remitly app on your phone or tablet to send money to Nigeria.
Note: Remitly only sends USD bank deposit and cash pickup transfers to GT Bank and Polaris Bank.
Remitly can only send money to Nigeria in US dollars, which can be picked up in cash or put in a bank account (USD). The recipient must have a domiciliary account to get money from Remitly as a bank deposit. Meanwhile, you can still send from the following countries to Nigeria using Remitly;
- United States of America
- The United Kingdom