Sending money to loved ones in Nigeria is a common need for many. Remitly is one of the popular options for international money transfers. This article provides a detailed overview of Remitly's fees, exchange rates, security measures, and the process of sending money to Nigeria.
Is Remitly a Safe Option?
Yes. Remitly is built with multiple levels of security at its core. We work with trusted global banking and payout providers. For a deeper look at how we protect your money and data, see our guide: How Remitly keeps you safe.
How Much Does It Cost to Send Money with Remitly?
The cost of sending money varies depending on the amount you're sending, the payment method, and the delivery option you choose. At Remitly, we strive to provide competitive exchange rates and low fees. When you sign up for Remitly, you may be eligible to receive a new customer offer on your first transfer.
Customers can choose to use a debit or credit card to pay for a transfer. Learn more about paying with a card.
How to Send Money to Nigeria on Remitly?
Transfer Speed
How long does a money transfer usually take?
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Sending Limits
The amount you can send per transfer depends on where you're sending from, and if we've been able to verify your identity. Countries included: Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Malta, Netherlands, Portugal, Slovakia, and Spain.
Step-by-Step Guide to Sending Money to Nigeria with Remitly
Now you’re ready to start your money transfer to Nigeria. Select Get Started or Send Money on the Remitly app or Send money if you’re using Remitly on your web browser.
- Enter the amount of money you’d like to send in US dollars. We’ll automatically display the amount your recipient will receive in Nigerian naira.
- When you enter the amount of money you’d like to send in US dollars to Nigeria, you’ll be able to view the delivery options that are available and choose the option that’s right for you and your recipient.
- Now choose your delivery method. It's important to let the sender know your preferred method. Check with the person who you’re sending money to in Nigeria and find out how they’d like to receive their money. Depending on what country you’re sending money to, Remitly offers these delivery methods:
- Mobile money
If you select Bank Deposit as your delivery method to Nigeria, you’ll need to enter information about your recipient’s bank account. If you select Cash Pickup as your delivery method, we’ll ask you to choose a pickup location from our list of available delivery providers in Nigeria that’s convenient for your recipient.
- Next, enter your recipient’s full name. We’ll also ask for your phone number and address.
- Next, enter your date of birth. It’s important that you enter your correct birthdate as it appears on your identification, because we may need that information to verify your identity later.
- Now it’s time to choose how you’d like to pay for your money transfer to Nigeria. Enter your bank account information, your credit or debit card information, or the details of another payment method. Your payment options may vary depending on where you’re sending from. You can always update your payment method for future transfers.
- Check your transfer summary to make sure everything is correct. You’ll see all the details you just entered and the estimated arrival date. If you need to make any changes, just select Edit next to the info you want to update, and you’ll be able to change or correct that detail.
- When you’re ready to send your money transfer to Nigeria, select Send Money.
The last step is to wait for your transfer to process.
Tracking Your Remitly Transfers
Notifications will let you know the progress of your money transfers. The name of the bank where the money is being sent.
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