Best companies for ILS/NGN transfers
3 of 3 providers Last updated on 10 November 2026
Based on 25,000 ILS transfer Best companies for ILS/NGN transfers Sort Cheapest
Promoted Wise Pay via Bank transfer	Fee ₪176.00 1 ILS = 438.3960 NGN -2.54% vs mid-market	Recipient gets ₦10,882,742.30 Within 3 hours
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 3 hoursAvailable via:Bank Transfer ₪176.001 ILS = 438.3960 NGN ₦10,882,742.30You pay₪25,000.00
Promoted Xe Pay via Bank transfer	Fee ₪0.00 1 ILS = 405.2269 NGN +5.33% vs mid-market	Recipient gets ₦10,130,672.50 Minutes - 24 hours
4 reviews Personal account managerReceive to bank accountDedicated support for larger transactions
Ways to receive money in Nigeria with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 ILS = 405.2269 NGN ₦10,130,672.50You pay₪25,000.00
Run a live search Showing top Israel to Nigeria deals for 25,000 ILS. 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 ILS 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 ILS you're planning to spend in Nigeria.
Run a live search These are managed services with real human support for large ILS transfers. Click the link and update the transfer amount to get the best deal.
Wise Pay via Bank transfer	Fee ₪176.00 1 ILS = 438.3960 NGN -2.54% vs mid-market	Recipient gets ₦10,882,742.30 Within 3 hours
25 reviews CheapestFastestOur top pick 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 3 hoursAvailable via:Bank Transfer ₪176.001 ILS = 438.3960 NGN ₦10,882,742.30You pay₪25,000.00
Exclusive: First Transfer Deal Regency FX Pay via Bank transfer	Fee ₪0.00 1 ILS = 426.2614 NGN +0.27% vs mid-market	Recipient gets ₦10,656,534.26 Minutes - 24 hours
9 reviews Personal account managerReceive to bank accountProfessional, personal service
Ways to receive money in Nigeria with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 ILS = 426.2614 NGN ₦10,656,534.26You pay₪25,000.00
Xe Pay via Bank transfer	Fee ₪0.00 1 ILS = 405.2269 NGN +5.33% vs mid-market	Recipient gets ₦10,130,672.50 Minutes - 24 hours
4 reviews Personal account managerReceive to bank accountDedicated support for larger transactions
Ways to receive money in Nigeria with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 ILS = 405.2269 NGN ₦10,130,672.50You pay₪25,000.00
How Our Results Work Mid-market rate: 1 ILS = 427.4154 NGN Updates every 60 minutes.

Why compare

ILS/NGN exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Israel to Nigeria

Pick a company

If it's your first transfer to Nigeria, start with Wise which is the cheapest option for sending ₪25,000.

Wise was the cheapest on 30 of the 30 days it quoted ₪25,000 transfers to Nigeria.

If you're planning to send less or more, I suggest to get the best ILS/NGN deal.

Fund your transfer

There are 1 ways to pay, including bank transfer.

Bit is Israel-only, so it can't reach an account abroad.

A transfer from your Israeli bank account is the usual way to deposit money to a money transfer company.

Verify and send

First time round you'll need your teudat zehut or passport.

If you're making a large transfer, tell your bank about it in advance, and keep your source-of-funds papers together.

Compare amounts

How much ILS are you sending to Nigeria?

How much ILS 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.

Our analysis shows Wise was the cheapest in 100% of the transfers from ₪25,000 it quoted, and in 100% of all the transfers it quoted.


₪3,500	-2.54%	₪28.66	₦1,522,321.44with bank transfer to bank deposit	+₦58,573.78
₪12,000	-2.63%	₪86.91	₦5,220,232.65with bank transfer to bank deposit	+₦208,124.52
₪25,000This page	-2.54%	₪176.00	₦10,882,742.30with bank transfer to bank deposit	+₦326,092.61
₪35,000	-2.61%	₪244.52	₦15,224,916.06with bank transfer to bank deposit	+₦447,566.09

Mid-market rate: 1 ILS = 427.4154 NGN

ILS/NGN Exchange Rate History

Is today a good time to send money from Israel to Nigeria?

The cheapest way to send ILS to NGN can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Wise), across 30 days of comparisons for 25,000 ILS transfers to Nigeria.

Each line shows what the recipient gets when you send ₪25,000, after fees, as quoted by each company. The mid-market line shows what ₪25,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more NGN per ILS than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

In the past month, a money transfer company beat the mid-market rate on 30 of the last 30 days.

Right now, Wise pays 10,882,742.30 NGN on 25,000 ILS, which is 197,357.50 NGN more than the mid-market amount, so it's a good deal (pretty much free money).

Today's payout isn't the best this month though, since the highest receive amount was 11,175,516.56 NGN.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

If you need to send money now, it's a good time to send.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Nigeria.

We've tracked 117 comparisons to check how often today's top companies were the cheapest across 4 amounts over the past month.

WiseAppeared in 117 comparisons
Cheapest every time
Regency FXAppeared in 59 comparisons
Never the cheapest
XeAppeared in 113 comparisons
Never the cheapest

Based on 117 comparisons across 4 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Wise is the cheapest and gets you the most NGN, and it was also the cheapest in 100% of the 117 comparisons it appeared in over the past month.

It's a good pick for both one-off and regular transfers to Nigeria.

Regency FX (today's second cheapest) was the cheapest in only 0% of its comparisons, so it's rarely the cheapest option for transfers to Nigeria.

Ways to send money from Israel to Nigeria

There are 5 ways to send money from Israel to Nigeria across 3 companies.

Small regular transfers

Online transfers

Online services and money transfer apps suit monthly bills, family support and other repeat payments to Nigeria.

Wise charges ₪176 to send 25,000 ILS.

Your recipient gets 10,882,742.30 NGN after a -2.54% markup on ILS/NGN.

In our comparisons over the past month, it was the cheapest online service on 30 of the 30 days it quoted.

Property and other large transfers

Currency brokers

A broker can help with the exchange rate and paperwork when you are sending a large amount of ILS to Nigeria.

Regency FX converts ILS to NGN with a 0.27% exchange-rate markup and gives you someone to contact throughout the transfer.

Our analysis shows Regency FX was the cheapest broker in 100% of the transfers from ₪25,000 it quoted.

Income and bills in different currencies

Multi-currency accounts

A multi-currency account is useful if you earn in shekels but regularly spend in NGN.

Wise converts 25,000 ILS with a -2.54% exchange-rate markup and lets you hold the NGN until you need it.

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

Useful for spending in NGN, traveling to Nigeria, or receiving payments from abroad.

Freelancers billing clients

Global accounts

Global accounts help Israeli freelancers and businesses receive income in NGN and pay contractors in Nigeria.

Wise Business and Payoneer handle invoices, payouts, batch payments, and much more.

Ways to fund ILS and receive NGN in Nigeria

With Wise, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending ₪25,000 gives your recipient 10,882,742.30 NGN.

You can deposit ILS through bank transfer.

Bit and PayBox only move shekels within Israel, so they cannot send money to Nigeria.

You can pay from your Israeli bank account

Use the Israeli account details provided for top-up and include the exact transfer reference.

For larger transfers, have proof of salary, a property sale or another source of funds ready before the bank asks.

Your recipient can get the money via bank deposit.

1

Bank transfer Bank deposit

You pay ₪25,000.00

₦10,882,742

Cheapest

Consider this before sending ILS to Nigeria

Israel does not cap ordinary foreign-currency transfers, but bank exchange-rate margins and source-of-funds checks can make the route expensive or slow.

Compare transfer options to Nigeria

For an ILS 25,000 transfer to Nigeria, start with the amount received.

Cheapest is Wise, funded by bank transfer with bank deposit for the payout. Your recipient gets 10,882,742.30 NGN, which is 2.08% more than the next best option.
Fastest is Wise using bank transfer and bank deposit. The recipient gets 10,882,742.30 NGN in same day.

Transfer limits from Israel

Israel removed quantitative foreign-exchange controls, so there is no annual personal allowance limiting a normal transfer of ILS abroad.

Your bank or money transfer company can still set a daily limit and ask for documents before releasing the payment.

How we analyse the market

Israel has no deposit insurance scheme, so a company's licence and how it holds client money matter more here than most places. We check both.

In the past 30 days alone, we analysed 117 comparisons across 4 amounts.

This page covers the cheapest and fastest options for ILS/NGN transfers. This is how we pick them:

Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.
Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

We track 3 of them on ILS to Nigeria in real time on live searches, comparing rates, fees and the ways to pay and collect, and each goes through our review.

More on who we are, why you can trust us and getting started.

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

Send money from Israel

Send money to Nigeria

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Mon, 12 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	434.2931	–	₦10,857,326.40
Wise Cheapest	444.8530	₪176.00	₦11,043,030.87	+₦185,704.47
Regency FX	433.1205	₪0.00	₦10,828,011.62	−₦29,314.78
Xe	413.4125	₪0.00	₦10,335,312.50	−₦522,013.90

Tue, 13 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	432.4372	–	₦10,810,929.85
Wise Cheapest	443.1310	₪176.00	₦11,000,283.94	+₦189,354.09
Regency FX	431.2696	₪0.00	₦10,781,740.34	−₦29,189.51
Xe	411.7426	₪0.00	₦10,293,565.00	−₦517,364.85

Wed, 14 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	433.6055	–	₦10,840,136.83
Wise Cheapest	444.2920	₪176.00	₦11,029,104.61	+₦188,967.78
Regency FX	432.4347	₪0.00	₦10,810,868.46	−₦29,268.37
Xe	412.5108	₪0.00	₦10,312,770.00	−₦527,366.83

Thu, 15 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	429.2070	–	₦10,730,174.78
Wise Cheapest	439.3830	₪176.00	₦10,907,243.59	+₦177,068.81
Regency FX	428.0481	₪0.00	₦10,701,203.30	−₦28,971.47
Xe	408.7685	₪0.00	₦10,219,212.50	−₦510,962.28

Fri, 16 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	430.9519	–	₦10,773,798.38
Wise Cheapest	440.1440	₪176.00	₦10,926,134.66	+₦152,336.29
Regency FX	429.7884	₪0.00	₦10,744,709.12	−₦29,089.26
Xe	410.3047	₪0.00	₦10,257,617.50	−₦516,180.88

Sat, 17 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	430.1650	–	₦10,754,125.65
Wise Cheapest	436.3930	₪176.00	₦10,833,019.83	+₦78,894.18
Regency FX	429.0036	₪0.00	₦10,725,089.51	−₦29,036.14
Xe	415.0824	₪0.00	₦10,377,060.00	−₦377,065.65

Mon, 19 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	428.8909	–	₦10,722,272.80
Wise Cheapest	437.0060	₪176.00	₦10,848,236.94	+₦125,964.14
Regency FX	427.7329	₪0.00	₦10,693,322.66	−₦28,950.14
Xe	408.2529	₪0.00	₦10,206,322.50	−₦515,950.30

Tue, 20 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	428.0870	–	₦10,702,174.85
Wise Cheapest	438.4130	₪176.00	₦10,883,164.31	+₦180,989.46
Regency FX	426.9312	₪0.00	₦10,673,278.98	−₦28,895.87
Xe	406.3782	₪0.00	₦10,159,455.00	−₦542,719.85

Wed, 21 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	431.0695	–	₦10,776,737.88
Wise Cheapest	439.8770	₪176.00	₦10,919,506.65	+₦142,768.78
Regency FX	429.9056	₪0.00	₦10,747,640.68	−₦29,097.20
Xe	410.0782	₪0.00	₦10,251,955.00	−₦524,782.88

Thu, 22 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	429.1717	–	₦10,729,292.83
Wise Cheapest	437.7020	₪176.00	₦10,865,514.45	+₦136,221.62
Regency FX	428.0129	₪0.00	₦10,700,323.73	−₦28,969.10
Xe	408.5133	₪0.00	₦10,212,832.50	−₦516,460.33

Fri, 23 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	427.9373	–	₦10,698,431.35
Wise Cheapest	437.3090	₪176.00	₦10,855,758.62	+₦157,327.27
Regency FX	426.7818	₪0.00	₦10,669,545.59	−₦28,885.76
Xe	407.2029	₪0.00	₦10,180,072.50	−₦518,358.85

Sat, 24 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	428.9289	–	₦10,723,222.93
Wise Cheapest	438.7870	₪176.00	₦10,892,448.49	+₦169,225.56
Regency FX	427.7708	₪0.00	₦10,694,270.22	−₦28,952.71
Xe	424.1463	₪0.00	₦10,603,657.50	−₦119,565.43

Mon, 26 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	432.2009	–	₦10,805,023.55
Wise Cheapest	441.9650	₪176.00	₦10,971,339.16	+₦166,315.61
Regency FX	431.0340	₪0.00	₦10,775,849.99	−₦29,173.56
Xe	410.8528	₪0.00	₦10,271,320.00	−₦533,703.55

Tue, 27 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	435.4167	–	₦10,885,418.53
Wise Cheapest	450.1900	₪176.00	₦11,175,516.56	+₦290,098.04
Regency FX	434.2411	₪0.00	₦10,856,027.89	−₦29,390.63
Xe	414.0178	₪0.00	₦10,350,445.00	−₦534,973.53

Wed, 28 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	435.0570	–	₦10,876,425.75
Wise Cheapest	447.6600	₪176.00	₦11,112,711.84	+₦236,286.09
Regency FX	433.8824	₪0.00	₦10,847,059.40	−₦29,366.35
Xe	413.5277	₪0.00	₦10,338,192.50	−₦538,233.25

Thu, 29 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	431.1896	–	₦10,779,739.73
Wise Cheapest	442.0610	₪176.00	₦10,973,722.26	+₦193,982.54
Regency FX	430.0254	₪0.00	₦10,750,634.43	−₦29,105.29
Xe	410.6574	₪0.00	₦10,266,435.00	−₦513,304.72

Fri, 30 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	432.3533	–	₦10,808,832.95
Wise Cheapest	440.2530	₪176.00	₦10,928,840.47	+₦120,007.52
Regency FX	431.1860	₪0.00	₦10,779,649.10	−₦29,183.85
Xe	411.5893	₪0.00	₦10,289,732.50	−₦519,100.45

Sat, 31 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	428.1903	–	₦10,704,758.38
Wise Cheapest	435.8760	₪176.00	₦10,820,185.82	+₦115,427.45
Regency FX	427.0342	₪0.00	₦10,675,855.53	−₦28,902.85
Xe	416.1124	₪0.00	₦10,402,810.00	−₦301,948.38

Mon, 2 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	428.9844	–	₦10,724,610.58
Wise Cheapest	437.5770	₪176.00	₦10,862,411.45	+₦137,800.88
Regency FX	427.8262	₪0.00	₦10,695,654.13	−₦28,956.44
Xe	408.2863	₪0.00	₦10,207,157.50	−₦517,453.07

Tue, 3 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	426.2776	–	₦10,656,939.48
Wise Cheapest	436.4590	₪176.00	₦10,834,658.22	+₦177,718.75
Regency FX	425.1266	₪0.00	₦10,628,165.74	−₦28,773.73
Xe	405.9496	₪0.00	₦10,148,740.00	−₦508,199.47

Wed, 4 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	424.3346	–	₦10,608,364.45
Wise Cheapest	434.2810	₪176.00	₦10,780,591.54	+₦172,227.09
Regency FX	423.1889	₪0.00	₦10,579,721.87	−₦28,642.58
Xe	403.4572	₪0.00	₦10,086,430.00	−₦521,934.45

Thu, 5 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	425.8568	–	₦10,646,420.83
Wise Cheapest	435.3430	₪176.00	₦10,806,954.63	+₦160,533.81
Regency FX	424.7070	₪0.00	₦10,617,675.49	−₦28,745.33
Xe	405.0257	₪0.00	₦10,125,642.50	−₦520,778.32

Fri, 6 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	418.3726	–	₦10,459,314.15
Wise Cheapest	426.4880	₪176.00	₦10,587,138.11	+₦127,823.96
Regency FX	417.2430	₪0.00	₦10,431,074.00	−₦28,240.15
Xe	397.6509	₪0.00	₦9,941,272.50	−₦518,041.65

Sat, 7 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	422.8625	–	₦10,571,561.55
Wise Cheapest	430.1980	₪176.00	₦10,679,235.15	+₦107,673.60
Regency FX	421.7207	₪0.00	₦10,543,018.33	−₦28,543.22
Xe	409.9898	₪0.00	₦10,249,745.00	−₦321,816.55

Mon, 9 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	424.6498	–	₦10,616,245.35
Wise Cheapest	432.8480	₪176.00	₦10,745,018.75	+₦128,773.40
Regency FX	423.5033	₪0.00	₦10,587,581.49	−₦28,663.86
Xe	402.5086	₪0.00	₦10,062,715.00	−₦553,530.35

How to send money to Nigeria from Israel with the best ILS-NGN rate

Best companies for ILS/NGN transfers