Everyone knows that 'Time is money', but those in developed countries understand it better because wages are paid based on the number of hours you work. Therefore, you would want to prioritize your time and would not want to use a large chunk of time to queue in the bank trying to process an international transaction. With this in mind and other factors like delivery delay, differences in time zones, protocols from intermediary banks and numerous bank processing fees.

Read: How to Transfer Money to A Foreign Bank Account.

There is a need for a swifter and more affordable way to send money to your family, friends or clients who reside in Nigeria. Many financial companies understand this, so they have created an easier, quicker and more affordable way to send money abroad. In this post, we have highlighted 5 mobile apps that you can easily use to send money to Nigeria.

The Best Apps For Sending Money From Abroad To Nigeria

OhentPay

If you need to save money while sending money to Nigeria, let OhentPay help you. OhentPay offers swift and affordable money transfer and delivery services in 40+ currencies to over 190 countries fostering better family and business relationships.

How to Send Money on the OhentPay Mobile App: A Step-by-Step Guide.

How to send money to Nigeria using OhentPay

1. Download the OhentPay app on the Google Play Store or App Store, here.

2. Choose an account type and create a free account.

3. On your dashboard go to send, enter the required information, recipient details and payment details 

4. Verify the amount you are sending, the markup rate and the processing fee before you confirm the transaction.

How much does OhentPay charge to send money from Nigeria?

OhentPay charges a service fee of £1.99 for personal accounts or its equivalent in other currencies for transfers to other countries.

Payoneer

Payoneer is a FinTech app that helps you send money to your family, friends, clients or partners who reside in Nigeria.

How much does Payoneer charge to send money from Nigeria?

If you are sending money directly from your Payoneer account to a Payoneer customer in Nigeria, it is usually free depending on the country and region you reside in. If you are sending money from your Payoneer account to a Nigerian bank account (if the recipient doesn't have a Payoneer account) 3% of the total amount sent will be the transaction charge. If you don't have a Payoneer account, you can still send money to a Nigerian recipient using your credit card or bank transfer. Using a credit card will attract a 3% charge while bank transfer will attract a 1% charge.

Read: The Best Mobile Apps for Pounds to Naira Currency Conversion.

Wise

Wise is a financial service provider that operates in 160 countries, and exchanges and transfers money in over 40 currencies.

How much does Wise charge to send money from Nigeria?

Wise has one of the most competitive transaction rates, they charge the sender 0.43% of the total amount sent. If you reside in the UK or you are sending in British Pounds (GBP) a flat fee of 0.21 GBP is added to the normal Wise transaction fee.

Africhange

Africhange is an online money exchange service that specializes in sending money to African countries and a few other countries around the globe.

How much does Africhange charge to send money from Nigeria?

Africhange uses blockchain technology and they offer one of the cheapest prices. The only fee you will be asked to pay is the markup rate which is usually 0.5-3% of the mid-market exchange rate.

Wrapping Up

With the list above you can now decide on which app to use in sending money to your family, friends or clients that reside in Nigeria.

If you’d like to send money anywhere in the world and you prefer fast transfers at great rates, we recommend the OhentPay money transfer service. Create an account to get started here.