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How to send money from Nigeria to Malta
Sending money from Nigeria to Malta doesn’t have a huge amount of options. Because of this, we would recommend sending money via:
How to compare deals on Nigeria to Malta money transfers
- Always compare rates
Don't pay more than you need to. Use our live comparison tool to ensure the best rates on money transfers from Nigeria to Malta.
- Choose a provider
Select the provider that gives you the best value & service for your needs.
- Click, sign up & send
Follow the steps & start your transfer from Nigeria. Your funds will be converted to Euro and transferred to Malta.
Sending money from Nigeria to Malta: key insights and tips
Don't settle for the first option. Always compare ways to send money from Nigeria to Malta to find out about fees, speed, and reliability.
Your analysis should include all the providers that operate between Nigeria and Malta. Through this, you get a comprehensive view of all the options you have in Nigeria when you need to send money to Malta.
Cheapest way to send money from Nigeria to Malta
Without any money transfer providers serving the Nigeria to Malta route, the cheapest money transfer options are limited.
We would recommend using:
Understanding the costs involved when moving money from Nigeria to Malta
When calculating the costs of money transfers between Nigeria and Malta, here's what really matters:
The Mid-Market Rate: Today, the NGN-EUR mid-market rate equals to 0.0006. Keep in mind that this rate fluctuates all the time.
The NGN-EUR average exchange rate of the past three months has been 0.0006, with a highest of 0.0007 and a lowest of 0.0005.
Fees and Markups: When you pick a service with competitive exchange rates and low fees, you get to make the most out of your NGN to EUR transfers. This strategy keeps your costs down, offering a smart way to handle your international transactions.
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.
0 providers currently offer transfers between Nigeria and Malta close to this rate
Want to secure the best NGN-Euro exchange rates?
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What payment methods are available when sending money from Nigeria to Malta?
Sending bank transfers from Nigeria to Malta
Bank transfers are the most common way of sending NGN to Malta as they are secure, reliable, and convenient.
If you want to send Nairas to Malta via bank transfer, you can use your bank where no provider is available, but it will likely be at a bad exchange rate.
Sending money from Nigeria to Malta by credit card
Credit card payments are quick, convenient, and typically more secure than other methods, thanks to backing by the issuing party. Some users may even be able to rack up reward points when making large transactions.
If you want to send Nairas to Malta with a credit card.
Note: Beware of chargesCredit card payments are often classified as cash advances, which bring their own charges, as well as currency conversion and usage fees. Forgetting to pay your balance can also result in high interest charges, and can even damage your credit score.
Sending money from Nigeria to Malta by payment apps
If you’d like to send money from Nigeria to Malta via payment app, follow these steps:
Download the app and register. Download the app from the App Store or Google Play. You’ll need to register to be able to open an account. Make sure the app services transfers from Nigeria to Malta.
Enter your details. Enter any of the details required. You may need a valid form of ID.
Start your transfer. Enter the details of your recipient. Some apps will require full payment details, while others allow you to pay with just an email address. You may need to state that you’re planning to send money to Malta in Euro at this stage.
Check the details. It’s vital that you check the details you’ve added to make sure everything is correct. It can be very difficult to reverse a transfer, and most payment apps don’t let you cancel a transfer from Nigeria to Malta after it’s been sent.
Send the money. Your app will probably charge a fee for the transfer. They may also add a markup to the NGN to EUR exchange rate. Check the rate they’re offering against the mid-market rate to make sure you’re getting a good deal.
The current mid-market rate of NGN to EUR is 0.0006
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Malta 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 Malta.
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.
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