Best companies for EUR/NGN transfers
7 of 7 providers Last updated on 28 September 2026
Based on 7,000 EUR transfer Best companies for EUR/NGN transfers Sort Cheapest
Promoted Wise Pay via Bank transfer	Fee €46.96 1 EUR = 1558.7000 NGN -3.04% vs mid-market	Recipient gets ₦10,837,703.45 Within minutes
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Nigeria with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer €46.961 EUR = 1558.7000 NGN ₦10,837,703.45You pay€7,000.00
Promoted MoneyGram Pay via Debit card	Fee €1.99 1 EUR = 1526.8549 NGN -0.98% vs mid-market	Recipient gets ₦10,687,984.30 Minutes - 24 hours
2 reviews
Ways to receive money in Nigeria with MoneyGram when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hoursAvailable via:All Banks €1.991 EUR = 1526.8549 NGN ₦10,687,984.30You pay€7,001.99 Cash pickupMinutes - 24 hours €1.001 EUR = 1510.3965 NGN ₦10,572,775.50You pay€7,001.00 Mobile moneyMinutes - 24 hoursAvailable via:SmartCash/Airtel €1.991 EUR = 1489.6500 NGN ₦10,427,550.00You pay€7,001.99
Run a live search Showing top Spain to Nigeria deals for 7,000 EUR. Do a live search with your exact amount for today's best rates.
Run a live search Showing companies that send from a business account. Run a business search to get live EUR to NGN rates.
Run a live search These companies offer multi-currency accounts for spending NGN. We suggest doing a live search based on how much EUR you're planning to spend in Nigeria.
Run a live search These are managed services with real human support for large EUR transfers. Click the link and update the transfer amount to get the best deal.
Ria Money Transfer Pay via Credit card	Fee €25.00 1 EUR = 1568.1256 NGN -3.65% vs mid-market	Recipient gets ₦10,937,676.06 Minutes - 24 hours
0 reviews Cheapest
Ways to receive money in Nigeria with Ria Money Transfer when paying by credit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours €25.001 EUR = 1568.1256 NGN ₦10,937,676.06You pay€7,000.00 Mobile walletMinutes - 24 hours €25.001 EUR = 1568.1256 NGN ₦10,937,676.06You pay€7,000.00 Cash pickupMinutes - 24 hours €25.001 EUR = 1514.3862 NGN ₦10,562,843.75You pay€7,000.00

Ria Money Transfer Pay via Debit card	Fee €25.00 1 EUR = 1568.1256 NGN -3.65% vs mid-market	Recipient gets ₦10,937,676.06 Minutes - 24 hours
0 reviews
Ways to receive money in Nigeria with Ria Money Transfer when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours €25.001 EUR = 1568.1256 NGN ₦10,937,676.06You pay€7,000.00 Mobile walletMinutes - 24 hours €25.001 EUR = 1568.1256 NGN ₦10,937,676.06You pay€7,000.00 Cash pickupMinutes - 24 hours €25.001 EUR = 1514.3862 NGN ₦10,562,843.75You pay€7,000.00
Paysend Pay via Debit card	Fee €0.00 1 EUR = 1551.9703 NGN -2.61% vs mid-market	Recipient gets ₦10,863,792.39 Minutes - 24 hours
0 reviews
Ways to receive money in Nigeria with Paysend when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 1551.9703 NGN ₦10,863,792.39You pay€7,000.00

Paysend Pay via Credit card	Fee €0.00 1 EUR = 1551.9703 NGN -2.61% vs mid-market	Recipient gets ₦10,863,792.39 Minutes - 24 hours
0 reviews
Ways to receive money in Nigeria with Paysend when paying by credit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 1551.9703 NGN ₦10,863,792.39You pay€7,000.00
TapTap Send Pay via Debit card	Fee €0.00 1 EUR = 1550.0000 NGN -2.48% vs mid-market	Recipient gets ₦10,850,000.00 Minutes
0 reviews Receive to bank account
Ways to receive money in Nigeria with TapTap Send when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes Free1 EUR = 1550.0000 NGN ₦10,850,000.00You pay€7,000.00 Mobile moneyMinutesAvailable via:FairMoney, Kuda Bank, OPay, PalmPay Free1 EUR = 1550.0000 NGN ₦10,850,000.00You pay€7,000.00
Wise Pay via Bank transfer	Fee €46.96 1 EUR = 1558.7000 NGN -3.04% vs mid-market	Recipient gets ₦10,837,703.45 Within minutes
25 reviews FastestRecommended Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Nigeria with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer €46.961 EUR = 1558.7000 NGN ₦10,837,703.45You pay€7,000.00
Wise Pay via iDEAL/WERO	Fee €57.07 1 EUR = 1558.7000 NGN -3.04% vs mid-market	Recipient gets ₦10,821,944.99 Within minutes
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Nigeria with Wise when paying by ideal/wero. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer €57.071 EUR = 1558.7000 NGN ₦10,821,944.99You pay€7,000.00
Only available via Mobile App WorldRemit Pay via Debit card	Fee €0.00 1 EUR = 1545.1443 NGN -2.17% vs mid-market	Recipient gets ₦10,816,009.89 Minutes - 2 days
13 reviews Receive to bank account or cash pickup
Ways to receive money in Nigeria with WorldRemit when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 2 days Free1 EUR = 1545.1443 NGN ₦10,816,009.89You pay€7,000.00
Wise Pay via Debit card	Fee €101.79 1 EUR = 1558.7000 NGN -3.04% vs mid-market	Recipient gets ₦10,752,239.93 Within minutes
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Nigeria with Wise when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer €101.791 EUR = 1558.7000 NGN ₦10,752,239.93You pay€7,000.00
$0 fee on first online transfers MoneyGram Pay via Debit card	Fee €1.99 1 EUR = 1526.8549 NGN -0.98% vs mid-market	Recipient gets ₦10,687,984.30 Minutes - 24 hours
2 reviews
Ways to receive money in Nigeria with MoneyGram when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hoursAvailable via:All Banks €1.991 EUR = 1526.8549 NGN ₦10,687,984.30You pay€7,001.99 Cash pickupMinutes - 24 hours €1.001 EUR = 1510.3965 NGN ₦10,572,775.50You pay€7,001.00 Mobile moneyMinutes - 24 hoursAvailable via:SmartCash/Airtel €1.991 EUR = 1489.6500 NGN ₦10,427,550.00You pay€7,001.99

$0 fee on first online transfers MoneyGram Pay via Credit card	Fee €1.99 1 EUR = 1526.8549 NGN -0.98% vs mid-market	Recipient gets ₦10,687,984.30 Minutes - 24 hours
2 reviews
Ways to receive money in Nigeria with MoneyGram when paying by credit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hoursAvailable via:All Banks €1.991 EUR = 1526.8549 NGN ₦10,687,984.30You pay€7,001.99 Cash pickupMinutes - 24 hours €1.001 EUR = 1510.3965 NGN ₦10,572,775.50You pay€7,001.00 Mobile moneyMinutes - 24 hoursAvailable via:SmartCash/Airtel €1.991 EUR = 1489.6500 NGN ₦10,427,550.00You pay€7,001.99
$0 fee on first online transfers MoneyGram Pay via Bank transfer	Fee €1.99 1 EUR = 1526.8549 NGN -0.98% vs mid-market	Recipient gets ₦10,687,984.30 Minutes - 24 hours
2 reviews
Ways to receive money in Nigeria with MoneyGram when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hoursAvailable via:All Banks €1.991 EUR = 1526.8549 NGN ₦10,687,984.30You pay€7,001.99 Cash pickupMinutes - 24 hours €1.001 EUR = 1510.3965 NGN ₦10,572,775.50You pay€7,001.00 Mobile moneyMinutes - 24 hoursAvailable via:SmartCash/Airtel €1.991 EUR = 1489.6500 NGN ₦10,427,550.00You pay€7,001.99
Wise Pay via Credit card	Fee €143.68 1 EUR = 1558.7000 NGN -3.04% vs mid-market	Recipient gets ₦10,686,945.98 Within minutes
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Nigeria with Wise when paying by credit card. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer €143.681 EUR = 1558.7000 NGN ₦10,686,945.98You pay€7,000.00
Western Union Pay via Debit card	Fee €0.00 1 EUR = 1521.7675 NGN -0.64% vs mid-market	Recipient gets ₦10,652,372.65 Minutes - 2 days
8 reviews Receive to bank account or cash pickup
Ways to receive money in Nigeria with Western Union when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 2 days Free1 EUR = 1521.7675 NGN ₦10,652,372.65You pay€7,000.00

Western Union Pay via Bank transfer	Fee €0.00 1 EUR = 1521.7675 NGN -0.64% vs mid-market	Recipient gets ₦10,652,372.65 Minutes - 2 days
8 reviews Receive to bank account or cash pickup
Ways to receive money in Nigeria with Western Union when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 2 days Free1 EUR = 1521.7675 NGN ₦10,652,372.65You pay€7,000.00
How Our Results Work Mid-market rate: 1 EUR = 1511.9852 NGN Updates every 60 minutes.

Why compare

EUR/NGN exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Spain to Nigeria

Pick a company

For a one-off transfer from Spain to Nigeria, I suggest picking Ria Money Transfer, it will get you the most Nigeria

The best option will change depending on the amount, so it's good to to get the best EUR/NGN rate today.

Fund your transfer

You have 4 ways to pay, including debit card, credit card, bank transfer, and ideal.

Bizum only works between Spanish accounts and caps at €500, which is why these companies exist in the first place.

Verify and send

First time round you'll need your DNI, or your NIE if you're not Spanish, and a proof of address.

An empadronamiento certificate covers the address if you don't have a bill in your name yet.

Compare amounts

How much EUR are you sending to Nigeria?

How much EUR you send to Nigeria heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.


€500	-2.61%	€0.00	₦775,746.60with debit card to bank deposit	+₦14,803.28
€1,000	-3.86%	€0.00	₦1,570,600.80with debit card to bank deposit	+₦44,096.35
€2,000	-3.89%	€0.00	₦3,141,201.60with debit card to bank deposit	+₦64,063.29
€7,000This page	-3.65%	€25.00	₦10,937,676.06with credit card to bank deposit	+₦155,244.10
€10,000	-3.80%	€0.00	₦15,706,008.00with debit card to bank deposit	+₦325,593.26

Mid-market rate: 1 EUR = 1511.9852 NGN

Ways to send money from Spain to Nigeria

7 companies send money from Spain to Nigeria, across app, online, in person, multi-currency account, and global account, and more.

Monthly remesas abroad

Money transfer apps

Sending monthly remesa is extremely popular in Spain.

Money transfer apps let you save contacts, schedule transfers, and lock-in rates.

Useful if you’re sending €100 to €300 monthly to Nigeria.

Ria Money Transfer charges €25 on a €7,000 transfer and pays out 10,937,676.06 NGN in minutes - 24 hours, often straight into a mobile wallet, so the person receiving doesn't need a bank account.

You can pay for the transfers via debit card, credit card, bank transfer, and ideal, but Bizum is usually not accepted as a funding method.

For cash pickup and deposit

In-person transfers

The locutorio on the corner has been sending money home for decades, and for families who need to collect cash the same day, this is the best way.

Pay Ria Money Transfer the €7,000 by card or transferencia, and they can collect cash in Nigeria.

Worth noting, cash transfers are faster than online methods, but usually more expensive, so .

For one-off transfers

Online transfers

For medium sized or one-off transfers to Nigeria, an online money transfer service funded from your bank account is better than any bank.

Ria Money Transfer turns €7,000 into 10,937,676.06 NGN with a €25 fee and -3.65% markup.

Sending large amounts

Currency brokers

Currency brokers are best for sending €10,000+ to Nigeria. This can be things like selling property, moving a pension, moving back home, etc…

Brokers like Regency FX, Key Currency, or TorFX charge no fee on large transfers, just a margin that gets smaller as the amount grows.

You also get an account manager, access to forward contracts, limit orders, and more.

For getting paid and spending abroad

Multi-currency accounts

If you often receive NGN (things like pensions, payments, salary, dividends, etc…), this is the best way to do it.

Because a multi-currency account gives you account details to receive NGN like a local and you can exchange it to EUR at any time.

The best multi-currency account in Spain with NGN support is offered by Wise.

For example, converting €7,000 gets you 10,837,703.45 NGN.

For businesses and autónomos paying abroad

Global accounts

Companies like Wise Business, Payoneer, or Airwallex are best suited for businesses in Spain making payments to Nigeria.

You can pay suppliers and freelancers, process invoices, make batch payments, and much more.

Ways to fund EUR and receive NGN in Nigeria

How you fund the transfer and how your recipient receives it affect the fees and how much NGN they get.

With Ria Money Transfer, paying by credit card and receiving through a bank deposit is the cheapest combination. Sending €7,000 gives your recipient 10,937,676.06 NGN.

For funding your transfer from Spain, you can use debit card, credit card, bank transfer, and ideal.

Bizum only supports domestic transfers in Spain, so it cannot send money to Nigeria directly.

Pay from your Spanish bank account

Deposit your funds with a SEPA Instant (essentially your bank transfer) using your ES IBAN.

It is fast to fund the transfer, although delivery to Nigeria depends on the company's payout time and delivery method.

In Nigeria, the recipient can use bank deposit, cash pickup, mobile money, and mobile wallet to receive money.

Payout is available through .

Collect cash in Nigeria

Your recipient can collect NGN from a participating Ria Money Transfer location in Nigeria.

1

Debit card Bank deposit

You pay €7,000.00

₦10,937,676

Cheapest
2

Debit card Mobile wallet

You pay €7,000.00

₦10,937,676

₦0
3

Credit card Bank deposit

You pay €7,000.00

₦10,937,676

₦0
4

Credit card Mobile wallet

You pay €7,000.00

₦10,937,676

₦0
5

Debit card Mobile money

You pay €7,000.00

₦10,850,000

-₦87,676

Show moreShow less

6

Bank transfer Bank deposit

You pay €7,000.00

₦10,837,703

-₦99,973
7

Ideal Bank deposit

You pay €7,000.00

₦10,821,945

-₦115,731
8

Debit card Cash pickup

You pay €7,001.00

₦10,572,776

-₦364,901
9

Credit card Cash pickup

You pay €7,001.00

₦10,572,776

-₦364,901
10

Bank transfer Cash pickup

You pay €7,001.00

₦10,572,776

-₦364,901
11

Credit card Mobile money

You pay €7,001.99

₦10,427,550

-₦510,126
12

Bank transfer Mobile money

You pay €7,001.99

₦10,427,550

-₦510,126

What to consider when sending money from Spain

Here are a few things to know before sending money from Spain to Nigeria.

Find the best EUR/NGN transfer

These are the current best options for sending €7,000 to Nigeria:

Cheapest option

Use ₦10,937,676.06, pay by credit card and choose bank deposit for the payout. Your recipient gets 10,937,676.06 NGN, which is 0.68% more than the next best option.

Fastest option

With Wise, a bank transfer payment to bank deposit gives your recipient 10,837,703.45 NGN in within minutes.

SEPA & NGN are different

SEPA and SEPA Instant only work within the Eurozone, and Bizum largely operates in Spain.

Sending EUR to Nigeria is different because it needs a currency conversion.

SEPA or SEPA Instant can be used to fund the transfer itself (since both are in EUR), but it does not guarantee instant transfer to Nigeria.

Expect questions on a large payment

Your bank or transfer company can ask for a justificante showing the source and purpose of a large or unusual transfer.

Keep the sale agreement for property, an invoice for tuition or a bank statement for savings.

Ask your bank to raise its own online transfer limit before the payment is due, rather than splitting a payment to avoid a check.

Staying safe when sending money

A payment or electronic-money institution is not the same as a bank, so do not assume its stored balance has bank deposit protection.

For bank deposits, protection normally comes from the deposit guarantee scheme in the bank's home country.

For a transfer service, check how customer money is safeguarded and avoid leaving a large balance there longer than needed.

When in doubt, use the Banco de Espana register to check the legal entity behind a transfer service.

Live EUR-NGN Exchange Rate

Finding the best rate to send money from Spain to Nigeria

The exchange rate has a direct impact on how much NGN your recipient gets. A weekly comparison makes it easier to judge today's EUR/NGN rate.

Mid-market rate:1 EUR = 1,505.735313 NGN

How we analyse the market

Every company here is authorised to operate in Spain, and you can check any of them on the Banco de España register yourself.

We track 7 of them on EUR to NGN, comparing fees, rates and the ways money can be paid in and collected. Each one also goes through our own review.

Pricing mostly comes straight from the companies, and anything we collect by hand is marked in the table.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.

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How to send money to Nigeria from Spain with the best EUR-NGN rate

Best companies for EUR/NGN transfers