How To Send Money To Nigeria From Germany And France
Are you a Nigerian living in Germany or France and searching for how to send money to Nigeria? If yes, this post got you covered.
Germany and France, two of Europe’s finest countries, are home to thousands of Nigerians either working or studying in them. Sending money to your loved ones in Nigeria can sometimes be a thing of worry, especially if you just moved in.
The federal government’s recent policy, which is believed to be aimed at growing the economy, seems to take its toll on international transactions the most. Paying in dollars, euros, or pounds with naira has come to a stop.
Despite all these challenges associated with sending money from abroad to Nigeria, there are still lots of easy and seamless means to send money to your loved ones in Nigeria, which is the sole aim for which we created this post.
How to send money to Nigeria from Germany and France
Sending money to Nigeria from Germany or France is not as popular as sending from the UK or the United States; however, it’s not difficult. As a matter of fact, you can send money to Nigeria in a few minutes to an hour without even leaving your bedroom. That’s how fast and easy it has become owing to the introduction of different online money transfer platforms.
There are a lot of online money transfer apps you can use to send the money. Some of these include:
- Paysend, etc.
Some of the things to consider when choosing a payment platform for your transfer include:
- Exchange rate
- Payment methods
- Customer reviews and ratings
These will help you make the best decision. You can use online platforms like Remitfinder and Monitor to compare exchange rates. If you are wary about trust, use Trustpilot to see if it is a trusted platform.
How do I send money from Germany or France to Nigeria?
Your payment will be received by your recipient in USD or GBP, depending on which one you choose to use. You can make payments with your credit or debit card, bank transfer, or digital wallet. It is best that your recipient has a domiciliary account to save them from a high exchange rate.
- Create an account with your details on any of your preferred money transfer providers by downloading the app and signing up.
- Initiate a money transfer.
- Select the correct details (country, bank codes, etc.).
- Enter your recipient’s account number.
- Input the amount.
- Make payment with any bank transfer or credit or debit card.
- Wait as your money travels down to Nigeria.
- Get notified when your recipient receives it.
What is the best method to send money to Nigeria from Germany and France?
The best way to send money to Nigeria from France or Germany is via online payment providers. They have the cheapest exchange rates, offer fast transactions, and make sending money to Nigeria easy. TransferGo is considered the best means to send money to Nigeria from France or Germany because they offer the best exchange rates and charge less for transactions.
What is the cheapest way to send money to Nigeria from Germany?
Exchange rates differ across various online payment platforms, and charges also apply. Most online platforms charge from 0.1 to 0.8% of the money as charges. Currently, Worldremit is considered the cheapest, with the lowest exchange rates and transaction fees.
What is the fastest way to send money from France to Nigeria?
When choosing a means to send money to Nigeria, swiftness is another thing to consider after checking the rates. Instarem is currently considered the fastest, as money arrives in your recipient’s bank account in minutes.
Can I send money from
Germany to a cash pick-up location in Nigeria?
If your recipient does not have an active bank account, a cash pick-up location is something to consider. There are various cash pick-up locations in many Nigerian banks. There, your recipient can get the money in cash directly.
How do I send money from Nigeria to Germany?
If you want to send money to Germany from Nigeria, there are many ways to do that. You can use an online payment provider like PayPal, Stripe, or ChipperCash, or visit your bank.
Sending money to Nigeria from France or Germany is easy and straight-forward. If you are a newcomer to it, here is all you need to know. We hope you find this article helpful.