Companies for transfers to Nigeria
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"24/7 live chat support provided in six languages. Special first transfer rates available, with airtime topup supported to many countries in Africa, Asia and South America."
"Send money anytime, anywhere with the TalkRemit app. There's zero fees on your first transaction and you're able to send to family and friends in over 40 countries."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Dahabshiil specialises in secure, affordable international money transfers, offering services across 120+ countries. It provides low fees, fast transactions, and mobile wallet options.
"Sendwave is trusted by over 1 million users across the US, UK, Canada and EU. 24/7 support is available online and via the app."
"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
Overall best way: WorldRemit
We tested & reviewed 12 transfer providers, and WorldRemit scored highly.
In the last six months, WorldRemit appeared in 76.1% of Canada to Nigeria searches, and was the top rated company supporting payments Canada into Naira.
So for a great mix of cost, speed & features, make your Canada to Nigeria transfer using WorldRemit.
How to get the best deal on your Canada to Nigeria transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from Canada to Nigeria.
- Choose a provider
Select the provider that offers you the best value & service for your needs
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- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Important things to consider before sending money from Canada to Nigeria
Don't settle for the first option. Always compare ways to send money from Canada to Nigeria to find out about fees, speed, and reliability.
Our analysis included 12 providers that operate between Canada and Nigeria.
Through this, you get a comprehensive view of all the options you have in Canada when you need to send money to Nigeria.
Cheapest way to send money to Nigeria from Canada: Dahabshiil
Data collected over the past six months shows that Dahabshiil is 0% cheaper than the second-best option.
The $0 transfer cost represents the most common fee for CAD to NGN international transfers, based on data from the past six months.
If you want to secure the best rates on a CAD to Nigeria transfer, make sure you pick Dahabshiil to send your money online.
*The most common fee applied to CAD-NGN by Dahabshiil, based on data from the past six months.
Fastest money transfers from Canada to Nigeria: Paysend.
Through our comparison, we found Paysend to be the fastest option to transfer money from Canada to Naira in 51.4% of instances.
Over the last six months, sending money from Canada to Nigeria through Paysend have an average fee of 0 CAD.
Paysend was one of 12 money transfer providers we compared for overall speed of sending money from Canada to Nigeria. This speed test included depositing Canadian Dollars to an account and the average timeframe for sending money to Nigeria.
When fast transfers are a priority, Paysend is our best choice for sending from Canada to Nigeria.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is WorldRemit.
While WorldRemit may not always be the cheapest or fastest way to send CAD from Canada to Nigeria, it’s the provider that will keep you safe and relaxed while your money moves into NGN.
Understanding the costs involved when moving money from Canada to Nigeria
When calculating the costs of money transfers between Canada and Nigeria, here's what really matters:
The Mid-Market Rate: Today, the CAD-NGN mid-market rate equals 1,080.8456 NGN per Canadian Dollar.
The CAD-NGN average exchange rate for the past three months has been 1,168.645 NGN per Canadian Dollar, with a high of 1,233.7707 and a low of 1,076.5436.
When looking to send money, we'd recommend Dahabshiil. On average Dahabshiil is 5.4% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from CAD to NGN.
How to find the best exchange rate for Canada to Nigeria
Timing is essential for sending money between CAD and NGN. The exchange rate you secure impacts how much NGN you get for your CAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to NGN has seen some fluctuation. On average, it stood at 1,168.645.
During this period, the highest value recorded was 1,233.7707, while the lowest was 1,076.5436.
WorldRemit, which is our recommended service to send money online from Canada to Nigeria offers an exchange rate that is only 5.4% above the mid-market rate.
Want to secure the best CAD-Naira exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Canada to Nigeria!
Payment methods available to fund your Canada to Nigeria transfer
Bank transfers
Bank transfers are often the default option for sending money from Canada to Nigeria.
By using a money transfer company such as Dahabshiil for transfers from Canada to Nigeria, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Dahabshiil is the cheapest provider for bank transfers from the 12 we tested when sending CAD to Nigeria.
With an average fee of CAD0 to send money from Canada to Nigeria, Dahabshiil offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Canada to Nigeria with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Canada to Nigeria, competing among a total of 12 active money transfer companies on this route.
Credit card
When it comes to credit card transfers from Canada to Nigeria, Instarem emerges as our top choice of the 12 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Nigeria and Canada.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Canada to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to NGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
