How to Send Money to Nigeria from the US

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Sending money to Nigeria from the United States has become an essential part of many people’s lives, especially those with family, friends, or business interests in Nigeria.

In this blog post, we will discuss the best ways to send money, the cheapest methods to transfer money to Nigeria, and the pros and cons of various platforms. So, let’s dive in!

With an increasing number of Nigerians living and working in the United States, the demand for efficient and cost-effective ways to send money back home has grown exponentially.

There are numerous options available, each with its advantages and disadvantages. In this guide, we will explore these options to help you make the best decision when transferring money to Nigeria from the US.

Factors to Consider When Sending Money

When selecting a platform to send money to Nigeria, it’s essential to consider the following factors:

  • Fees: Look for a platform that offers low fees or even no fees when sending money.
  • Exchange Rate: Ensure that the platform provides a competitive exchange rate, as it will affect the amount of money your recipient receives.
  • Speed: Depending on your needs, you might want a platform that can transfer money quickly, within minutes or hours.
  • Ease of Use: The platform should be user-friendly and offer a seamless experience for both the sender and the recipient.
  • Security: Your chosen platform must be secure and trustworthy, ensuring that your money is protected throughout the transfer process.
  • Customer Support: A responsive customer support team is essential in case you encounter any issues while sending money.

Best Platforms to Send Money to Nigeria from the US

Below, we have listed some of the most popular and reliable platforms to send money to Nigeria from the US, along with their pros and cons.

Western Union

Western Union is one of the most well-known money transfer platforms globally, with a vast network of agents and outlets.


  • Extensive network of agents and outlets
  • Multiple transfer options (online, mobile app, in-person)
  • Allows for cash pickup or direct deposit to a Nigerian bank account


  • Higher fees compared to some other platforms
  • Exchange rates may not be as competitive


MoneyGram is another popular choice for sending money to Nigeria, with a wide range of transfer options.


  • Offers online, in-person, and mobile app transfers
  • Cash pickup or bank deposit available
  • Reasonable fees


  • Exchange rates may be less competitive compared to some online platforms


WorldRemit is an online-only platform that specializes in international money transfers, including sending money to Nigeria.


  • Low fees
  • Competitive exchange rates
  • Multiple transfer options, including bank deposit, cash pickup, and mobile money


  • No physical locations for in-person transfers
  • Transfer limits may apply

TransferWise (now Wise)

TransferWise is an online platform that offers a transparent and low-cost way to send money internationally.


  • Low fees
  • Real mid-market exchange rates
  • Bank deposit and mobile money transfer options


  • No cash pickup option
  • Transfer times may be slower than some competitors

Online Platforms

Online platforms like WorldRemit and TransferWise (now Wise) often offer the lowest fees and competitive exchange rates. They are ideal for those who prefer a digital method of sending money and don’t require cash pickup.

Bank Transfers

Transferring money through your bank can be a cost-effective method, especially if you have a bank account with a financial institution that has a partnership with a Nigerian bank. This can result in lower fees and better exchange rates. However, the transfer speed may be slower than using dedicated money transfer platforms.

Tips for Sending Money Safely

To ensure the safety of your money and personal information when sending money to Nigeria from the US, follow these tips:

  1. Choose a reputable platform: Use well-known and trusted money transfer platforms with a proven track record.
  2. Verify the recipient’s information: Double-check the recipient’s name, phone number, and bank account details before initiating a transfer.
  3. Track your transfer: Utilize the tracking tools provided by the platform to monitor the progress of your transfer.
  4. Keep transaction records: Save the transaction confirmation and receipts for your records and to resolve any potential issues.
  5. Beware of scams: Be cautious of unsolicited requests for money and never share your personal or financial information with anyone you don’t know or trust.


Sending money to Nigeria from the US has become easier and more cost-effective due to advancements in technology and the growing number of platforms available.

When choosing a method to transfer money, consider factors like fees, exchange rates, transfer speed, ease of use, security, and customer support.

Some of the best platforms for sending money to Nigeria include Western Union, MoneyGram, WorldRemit, and TransferWise (now Wise). To minimize costs, consider using online platforms or bank transfers.

By following the tips provided in this guide, you can make an informed decision and ensure that your money reaches its intended recipient safely and efficiently.

All rights reserved. Do not copy, rewrite or republish this content, in part or in whole, without proper credit to the source.

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About the Author: Femi Olawole

Femi Olawole is a seasoned blogger with interest on providing helpful Contents on online loan apps, Tech and Business.

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