Here’s How to send money from Nigeria to another country: Transferring or sending cash from Nigeria to some other another country has now been made simple particularly with the New CBN amended rules for International Money Transfer Services which now enable business banks in Nigerian to start Outbound Money Transfer administrations to facilitate the worry of sending money from Nigeria to person(s) outside the shores of nigeria.
Do you Intend to exchange reserves from Nigeria to another nation? keep perusing as we will impart to you How to send cash from Nigeria to another nation, we will primarily be concentrating on
How to send money from Nigeria to another country
- How to send money from Nigeria to UK
• How to send money from Nigeria to United State
• How to Transfer money from Nigeria to India
• How to transfer money from Nigeria to Pakistan
• How to send money from Nigeria to Kenya
• How to send money from Nigeria to Ghana
• How to send money from Nigeria to South Africa
• How to transfer money from Nigeria to Philippines
• How to send money from Nigeria to Malaysia
• How to send money from Nigeria to Canada
• How to send money from Nigeria to Europe
• How to send money from Nigeria to China
• How to transfer money from Nigeria to Dubai
• How to Transfer money from Nigeria to Germany
• How to send money from Nigeria to Indonesia
• How to send money from Nigeria to Jamaica
• How to send money from Nigeria to Libya
• How to transfer money from Nigeria to London
• How to send money from Nigeria to UAE
• How to send money from Nigeria to USA
• How to transfer money from Nigeria to bank account abroad
Getting cash that has been sent to Nigeria from other USA, CANADA or some other European nation is much more less demanding than to send cash from Nigeria to other nation this in light of the fact that all business Nigeria banks are under the inbound cash exchange administrations rule as gave by Central Bank of Nigeria.
Under this Inbound cash exchange arrangement, a man living outside Nigeria can send cash to a person in Nigeria yet the turn around isn’t the situation for those living in Nigeria
Believe me this Outbound cash exchange direction by CBN came up because of the negative recognition about Nigeria being a nation for illegal tax avoidance and others fake exercises and this has severely influenced shippers has have not depended on purchasing hard money from Bea rue De change administrators. additionally Nigerians who wish to send cash to their relatives, relatives, companions, make installment for gathering enrollment and the individuals who are into the matter of importation of products and administration from different nations keep on finding it troublesome.
The most effective method to send cash from Nigeria to any nation on the planet
The Only CBN authorized administrators ready to send cash from nigeria Central Bank of Nigeria (CBN) are MoneyGram International and Western Union Money Transfer Services Operators (IMTOs) In this distribution, I have recorded two extra alternatives through which you can use to send cash from Nigeria to other nation making it absolutely simple to exchange cash from here
Send cash from Nigeria through Western Union Money Transfer
Send cash from Nigeria through Western Union Money Transfer
There are 5,000 Western Union outlets in Nigeria, 22 authorized banks and 905 small scale fund banks. Among these banks, around 70% of them as of now fill in as specialists to Western Union despite the fact that they are an authorized administrator their operator benefit relationship is constrained, the last time I had a go at sending cash through western union cash exchange administrations to other nation It really didn’t work
Initially BANK OF NIGERIA PLC is the main Outbound Money Transfer authorized bank. To send cash from Nigeria to another nation through Firstbank’s western union cash exchange benefit, you need to give the accompanying at the purpose of exchange.
• Your recipient’s area and bank points of interest
Alternative 2. Domiciliary record
The most effective method to send cash from Nigeria to another nation through domiciliary record
On the off chance that you thinking about the simplest approach to send cash, your domiciliary record finance exchange still stay a standout amongst other option.To have the capacity to send cash from Nigeria to another country through a domiciliary record, you need or open a domiciliary record. In the event that you need open a domiciliary in Nigeria, you can open a domiciliary record with Gtbank, Firstbank, Zenith bank, precious stone bank or UBA take after the connection to find out about domiciliary record
A domiciliary record is a unique outside money account that permits bank costumer spare cash in US Dollars, Pounds Sterling or Euro with you possessed the capacity to withraw the hard money or trade the cash at the predominant swapping scale. A Dom account helps in encouraging your worldwide business exchanges and is financed through voyagers checks, lodgement of remote money checks, money inflows and money stores. Domiciliary record can be great and compelling when enormous measure of cash is to be send from Nigeria to another nation.
How to send money from Nigeria to another country using GTbank domiciliary account
To send money from Nigeria to UK , United State, Cameroun, Ghana, South Africa, Uganda, USA, Canada, Europe, Kenya, Philippines, UAE, Malaysia, Germany, Dubai, Indonesia, Jamaica, China, India, Egypt, Pakistan or any country in the world through GTbank domiciliary account;
• Visit any GTbank branch nearest to you.
• Locate their customer service Reps and request that you want to transfer from your domiciliary account to another account abroad. You will be directed to the right person in charge.
• A money transfer form will be given to fill recipient’s account name, account number, name of the bank and branch name, SWIFT CODE, Routing Number, amount to be transferred and your own bank details. Fill the form and wherever you are confused, don’t hesitate to ask question.
As I said before, “if the money you will transfer abroad is more than what you have in your domiciliary account, you have to pay in extra money into your domiciliary account. Meanwhile, GTbank are NOT into currency conversion, therefore you have to convert the money (the naira form) you will pay into your domiciliary account to its equivalent international accepted standard currency. You can do this at Firstbank, black market or any other financial institutions that are into money exchange”.
• Submit the form and you’re done. Within 48-72hours, you receive an SMS that the money have been deducted from your DOM account and transferred to the overseas account
How to send money from Nigeria to another country through PayPal money transfer.
Paypal is one of the top online money processor in the world which allows business owners and individuals to make and receive international payments cheaply and easily. platforms like Amazon, eBay, and other top e-Commerce websites has adopted Paypal as their prefered payment processor and this has allowed paypal to grow that it now boasts of more than 100 million paypal users worldwide”.
If you want to transfer money from Nigeria to another country through PayPal, you need have a verified PayPal account. Currently, only Firstbank of Nigeria provides PayPal account services to its costumers.
One you have successfully opened and verified your paypal account with FirstBank plc, you can easily login into your Firstbank PayPal account through FirstOnline (first bank internet banking platform) and make your money transfer to any country
How to send money from Nigeria to another country through MoneyGram International
Banks like Ecobank, UBA, First Bank, Access Bank, Sterling Bank, Fidelity Bank, Skye Bank, Keystone Bank, Enterprise Bank, Mainstreet Bank, Diamond Bank and Wema Bank are some of the banks which allows you to send money from Nigeria to another country through MoneyGram International.
With more 300,000 outlets in over 200 country locations,MoneyGram give you a grate opportunity to send money from Nigeria. partnering with UBA with over 700 business offices in 19 African countries and offices in New York, London MoneyGram still remain the best answer to the questions of How to send money from Nigeria to another country cheaply How to send money from Nigeria to another country
So that basically the Four cheap methods of sending money from Nigeria to USA, UK and an other country through MoneyGram, Paypal, Western Union and Domiciliary account transfer. can use the comment box below to ask your questions and comments