From now on, your money transfers to Nigeria will be faster and more cost-effective when you transfer with Xe.
August 25, 2020 — 3 min read
Need to send money to Nigeria? We’ve got good news for you. We’ve recently made some huge improvements to our money transfer process. From now on, every money transfer you send to Nigeria will have several new, great features.
Because we recently aligned with our sister company Ria Money Transfer, we are now sending our money transfers to Nigeria through Ria’s channels. What does this mean for you?
From now on, when you send money to Nigeria, your money transfers will have:
A much faster arrival
New, competitive exchange rates
No third-party fees.
Before we discuss our recent improvements in more detail, let’s start by taking a quick look at what your experience used to be when you would send a money transfer to Nigeria.
Your money would typically reach Nigeria within 1-4 business days.
Your exchange rate depended on currency market motion.
You may have been charged additional fees from third parties during the transfer process.
But that’s not the case anymore. Now, when you send money to Nigeria, you can expect to experience the following:
Your money will arrive much sooner. You won’t be waiting several days. With our new transfer channels, your money will reach Nigeria in real time.
New, competitive rates. Our new transfers will give you fair, competitive rates for your coming exchanges, straight from the live currency markets.
No third-party fees. Now that we’re using our own channels to send you transfers, there won’t be any intermediaries involved. What does that mean? It means no extra fees hidden throughout the transfer process. What you see is what you get.
More good news: no changes to this part of the money transfer process. It’ll be just as quick and easy as before.
If you don’t have an account yet, go ahead and sign up. It’s completely free and will only take a couple of minutes.
Once you’ve signed up (or if you already have an account), sign into your account or the Xe app and:
Let us know the currencies you’d like to transfer as well as the amount;
Take a look at your rate and confirm that it’s good for transfer;
Enter your recipient’s name, bank information, and any other information that’s necessary for the transfer;
Let us know how you’ll be paying and provide your payment information;
Double-check all of the details, and hit “Confirm transaction now”.
Interested in learning more about our new transfers, or ready to send one now? Visit our Nigeria money transfer page to get started.