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Overall top choice: Moneycorp
Of the 1 money transfer providers we tested and reviewed, Moneycorp was a standout option for its combination of speed and cost.
Over the last six months, Moneycorp appeared in 57.1% of searches for transfers between Nigeria and Italy.
When sending money from Nigeria to Italy, using Moneycorp in a great option.
How to get the best deal on your Nigeria to Italy transfer
- Always compare rates
Money transfers to Italy should be easy. Use our live comparison tool to make sure you aren't missing the best rates to send money from Nigeria to Italy.
- Choose a provider
Select the provider that offers you the best value on your Naira & service for your needs.
- Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to Italy.
Summary of recent searches
Understanding Nigeria to Italy money transfers
Comparing providers when sending money from Nigeria to Italy is the easiest way to make a transfer at the best price.
We’ve compared 1 providers for sending Naira to Italy. This ensures you will get the best options for your transfer to Italy from Nigeria.
We rate Moneycorp as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Nigeria to Italy.
Cheapest way to send money to Italy from Nigeria: Moneycorp
They offer an average fee of 0* NGN and exchange rate between NGN-EUR that is 2% different to the mid-market rate.
In comparison, Moneycorp is 0% cheaper than the second-best option.
To secure affordable and great rates on a NGN to Italy transfer, Moneycorp is our recommended choice.
*The most common fee applied to NGN-EUR by Moneycorp, based on data from the past six months.
Fastest way to transfer money to Italy from Nigeria: Moneycorp.
Through our data, we found Moneycorp to be the fastest option for sending money from Nigeria into Euro in 57.1% of occasions. For fast NGN to EUR money transfers, Moneycorp comes highly recommended.
Nigeria to Italy transfers with Moneycorp have an average fee of 0 NGN.
To test that Moneycorp was the 'fastest' option we compared 1 providers. With this, we compared overall speed of sending money from Nigeria to Italy made up of depositing Nairas, to a money transfer account and transfer times to Italy.
When sending at speed is a priority, Moneycorp is our recommended choice for sending into Italy from Nigeria.
Transferring large sums of money
Of the 1 money transfer companies tested, Moneycorp is the strongest option for large transfers from Nigeria to Italy.
Reasons for sending large sums of money vary and include business or property purchases. But whatever the reason, sending large amounts of money from Nigeria to Italy can become expensive through your bank or with the wrong provider.
Moneycorp is our choice for sending large sums of money to NGN because they offer a strong all-round product.
Understanding the cost of sending money to Italy from Nigeria
The cost of sending money from Italy to Italy, is made-up of a combination of fees and exchange rates:
The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from NGN-EUR is 0.0006 EUR per Naira.
Finding a provider offering an exchange as close to 0.0006 as possible will ensure more Euro received when transferring.
For context, the NGN-EUR mid-market rate for the past three months has averaged 0.0006 EUR per Naira. This includes a high of 0.0007, and low of 0.0005.
Moneycorp currently offers the best exchange rate on transfers from Nigeria to Italy.
For the most part the NGN-EUR exchange rate you receive is the biggest factor impacting the cost of sending NGN to Italy.
Fees: Outside of exchange rates, you may need to pay a fee to send. Moneycorp currently offers the lowest fees on transfers to Italy from Nigeria, averaging 0 NGN over the last 6 months. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Euro is the amount you started with, minus the amount you paid in the exchange and fees.
The better deal you get on exchanging Nairas to EUR, paired with a low fee, means a higher total amount received in Italy.
Track the exchange rate for Naira to Euro
Sending money at the right time between NGN and EUR can make a huge difference to overall cost. The exchange rate impacts how much EUR you get for your NGN.
Over the last six months, the average numbers are:
The exchange rate from NGN to EUR averaged 0.0006 EUR.
The highest value recorded was 0.0007 EUR, while the lowest was 0.0005 EUR.
1 providers currently offer transfers between Nigeria and Italy close to this rate
Want to secure the best NGN-Euro exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Nigeria to Italy!
Payment options for transfers from Nigeria to Italy
Bank transfers
Bank transfers are often the fastest and cheapest way to send money from Nigeria to Italy.
Using a money transfer company such as Moneycorp for payments from Nigeria to Italy, means you can send via a bank transfer and benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
Moneycorp is the best money transfer provider for bank transfers of the 1 we compared when sending NGN to Italy.With an average fee of 0 NGN to transfer money from Nigeria to Italy, Moneycorp offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money with a debit card from Nigeria to Italy is easy with .
is a leader in debit card money transfers from Nigeria to Italy. They are the best option of the 1 transfer companies compared.
Credit cards
When it comes to credit card transfers from Nigeria to Italy, is the top choice of the 1 companies offering this service.
Fee alert: using a credit card to transfer money internationally 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 Italy and Nigeria.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
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 Nigeria to Italy.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send NGN to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
