Sending money from the UK to Nigeria has never been easier, thanks to the rise of online money transfer services. Whether you need to support family, pay for goods and services, or send a gift, there are several reliable and cost-effective ways to transfer funds internationally. In this article, we’ll explore the best options for sending money to Nigeria from the UK, including step-by-step guides on how to use popular services like Remitly, Western Union, and Sendwave.
Best Ways to Send Money from UK to Nigeria Online
When it comes to sending money to Nigeria from the UK, you have a variety of money transfer services to choose from. Each provider offers its own unique features, fees, and exchange rates, so it’s essential to compare your options to find the best way to send money for your specific needs. Here are three top choices for online money transfers from the UK to Nigeria:
Remitly – Fast and Secure Money Transfers
Remitly is a popular choice for those looking to send money to Nigeria from the UK. The company offers secure money transfers at low costs, with competitive exchange rates and transparent fees. Remitly’s user-friendly platform makes it easy to send money online or through their mobile app, with options for bank deposits and cash pickups in Nigeria.
One of the key advantages of using Remitly is their speed and reliability. Transfers are typically processed within minutes, and customers can track their transactions every step of the way. Remitly also offers 24/7 customer support, ensuring that help is always available if needed.
Western Union – Reliable Money Transfer Services
Western Union is a well-established name in the world of money transfer services, with a long history of helping people send funds to loved ones around the globe. When it comes to sending money to Nigeria, Western Union offers a range of options, including online transfers, in-person transactions, and mobile app-based services.
With Western Union, you can send money directly to a recipient’s bank account or arrange for a cash pickup at one of their many agent locations throughout Nigeria. The company’s extensive network and commitment to security make it a reliable choice for those looking to transfer funds safely and efficiently.
Sendwave – Low-Cost Money Transfers from UK to Nigeria
Sendwave is a newer player in the money transfer market, but it has quickly gained popularity due to its low fees and competitive exchange rates. Designed specifically for transfers from the UK to Nigeria and other African countries, Sendwave offers a streamlined, user-friendly experience that makes sending money a breeze.
One of the standout features of Sendwave is its commitment to transparency. The company clearly displays its fees and exchange rates upfront, so you know exactly how much your recipient will receive. Additionally, Sendwave’s secure transfer process and dedicated customer support team provide peace of mind throughout the transaction.
How to Send Money to Nigeria with Remitly
Sending money to Nigeria using Remitly is a straightforward process that can be completed in just a few simple steps. Here’s a step-by-step guide to help you get started with this popular online money transfer service:
Step 1: Create a Remitly Account
To begin using Remitly, you’ll need to create an account on their website or mobile app. Simply provide your email address, create a strong password, and verify your identity by supplying a valid government-issued ID.
Step 2: Enter Transfer Details
Once your account is set up, you can start the process of sending money to Nigeria. Begin by entering the amount you wish to send and selecting Nigeria as the destination country. Remitly will display the current exchange rate and any applicable fees, giving you a clear picture of the total cost of your transfer.
Step 3: Select Delivery Method and Provide Recipient Info
Next, choose your preferred delivery method for the transfer. Remitly offers two options for sending money to Nigeria: bank deposit and cash pickup. If you select bank deposit, you’ll need to provide your recipient’s bank account details, including their account number and the bank’s SWIFT code. For cash pickups, you’ll need to supply your recipient’s full name and a valid phone number.
Step 4: Choose Payment Method and Send Money
Finally, select your preferred payment method for funding the transfer. Remitly accepts bank transfers, debit cards, and credit cards. Once your payment is processed, Remitly will initiate the money transfer, and your recipient will typically receive the funds within minutes for cash pickups or a few business days for bank deposits.
Sending Money with Western Union to Nigeria
Western Union is another trusted option for sending money to Nigeria from the UK. The process is similar to that of Remitly, with a few key differences in the available money transfer services. Here’s how to send money using Western Union:
Register and Start Your Transfer
To get started with Western Union, create an account on their website or mobile app. Once logged in, select “Send Money” and choose Nigeria as your destination country. Enter the amount you wish to send and choose your preferred delivery method (bank account deposit or cash pickup).
Select Payment Method and Provide Recipient Details
Next, select your payment method. Western Union accepts bank transfers, credit cards, and debit cards. Depending on your chosen delivery method, you’ll need to provide your recipient’s bank account information (for bank deposits) or their full name and a valid government-issued ID (for cash pickups).
Make Payment and Track Your Transfer
After confirming your payment details, submit your transfer request. Western Union will process the transaction and provide you with a unique tracking number (MTCN). You can use this number to monitor the status of your transfer and ensure that your recipient receives the funds as expected.
Why Use Sendwave to Transfer Money to Nigeria
Sendwave is a rapidly growing money transfer service that offers low-cost transfers from the UK to Nigeria. Here are some of the key reasons why you might choose Sendwave for your next international transfer:
Fast and Easy Sign-Up Process
Getting started with Sendwave is quick and easy. Simply download the app, create an account, and verify your identity. The entire process takes just a few minutes, and you can start sending money immediately.
Low Fees and Great Exchange Rates
One of the main advantages of using Sendwave is its commitment to low fees and competitive exchange rates. The company aims to make international money transfers more accessible and affordable, ensuring that more of your hard-earned money reaches your recipient.
Secure and Reliable Money Transfers
Sendwave prioritizes the security of your personal information and financial transactions. The company employs industry-standard encryption and follows strict regulatory guidelines to ensure that your money transfers are safe and reliable.
See also: