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Send money from Belgium 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."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Card-to-card transfers can be received in just two minutes."
"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."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
HSBCRecipient gets (NGN)₦12,125,537.07Not recommended
"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."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
In our experience, there are always efficiencies to be made in how businesses manage international payments in and out.
Why not take our free FX health check test to see how effective your business is in managing these. It only takes a couple of minutes.
Overall best way: Wise
We tested & reviewed 8 transfer providers, and Wise scored highly.
Sending 7,000 EUR to NGN will cost you €48.04 in fees, and you will receive 12,468,131.7 NGN. The delivery time is within minutes, but it depends on the day you make the transfer.
So for a great mix of cost, speed & features, make your Belgium to Nigeria transfer using Wise.
How to get the best deal on sending money from Belgium to Nigeria
- 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 Belgium to Nigeria.
- Choose a provider
Select the provider that offers you the best value on buying NGN & service for your needs.
- 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
Understanding Belgium to Nigeria money transfers
Comparing providers when sending money from Belgium to Nigeria is the easiest way to make a transfer at the best price.
We’ve compared 8 providers for sending Euro to Nigeria. This ensures you will get the best options for your transfer to Nigeria from Belgium.
We rate Wise as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Belgium to Nigeria.
Cheapest way to send money to Nigeria from Belgium: Profee
Data collected through our comparison over the past week shows that Profee is 0.57% cheaper than the second-best option.
The cost is made up of a fee of 0 EUR and an exchange rate for buying Naira with Euro that is -0.21% different to the mid-market rate.
If you want to secure the best rates on a Belgium to Nigeria transfer, Profee offers value. We would still recommend searching for the amount you want to send to Nigeria.
Fastest money transfers from Belgium to Nigeria: Wise.
Based on our recent data, transfer time for a €7,000 transfer to Nigeria with Wise is within minutes. This can vary by amount and method, but it is a good point of reference.
Sending money from Belgium to Nigeria through Wise will cost you 48.04 EUR in fees & small markup.
Wise was one of 8 money transfer providers we compared for overall speed of sending money from Belgium to Nigeria. This speed test included depositing Euros to an account and the average timeframe for sending money to Nigeria.
When fast transfers are a priority, Wise is our best choice for sending from Belgium to Nigeria.
Transfer a large sum of money
From 8 money transfer companies compared, Wise is the best option for large transfers from Belgium to Nigeria.
Whether it’s for property purchases, business or any other reason, sending large amounts of money from Belgium to Nigeria can become expensive if you use a bank, or the wrong provider.
Wise is the top choice for sending large sums of money to Nigeria from Belgium because they offer a strong service and competitive exchange rates.
Understanding the cost of money transfers to Nigeria from Belgium
The total cost of sending money to Nigeria from Belgium is a mix of the mid-market, exchange rates and transfer fees.
The Mid-Market and Exchange Rates: The mid-market for EUR-NGN is 1,774.048 NGN per Euro.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more Naira for your Euros.
The EUR-NGN mid-market rate over the last 7 days has seen the Euro worth an average 1,789.7186 NGN. Within this there has been a high of 1,794.4566, and a low of 1,786.1258.
From 8 companies compared, Profee offers the strongest exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting EUR to NGN.
Fees: When sending money there may be additional fees. Profee offers the lowest fee of the 8 providers tested, costing 0 EUR per transfer (based on €7,000 transferred).
Amount Received: When comparing providers, the best measure is the amount of Naira eventually received in Nigeria.
This number should allow you to determine if you are getting a good deal. A higher amount of money received in Nigeria, means a better overall cost of sending money from Belgium.
Track the exchange rate for Euro to Naira
Sending money at the right time between EUR and NGN can make a huge difference to overall cost. The exchange rate impacts how much NGN you get for your EUR.
Over the last 7 days, the average numbers are:
The exchange rate from EUR to NGN averaged 1,789.7186 NGN.
The highest value recorded was 1,794.4566 NGN, while the lowest was 1,786.1258 NGN.
8 providers currently offer transfers between Belgium and Nigeria close to this rate
Want to secure the best EUR-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 Belgium to Nigeria!
Paying for your Belgium to Nigeria transfer
Bank transfers
Paying via a bank transfer is often the better option for sending money from Belgium to Nigeria.
By using a money transfer company such as Profee for transfers from Belgium to Nigeria, you can send money and while benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Profee is the cheapest provider for bank transfers from the 8 we tested when sending EUR to Nigeria.
With a fee of 0 EUR to send money from Belgium to Nigeria, Profee offers the best combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Belgium to Nigeria with a debit or a prepaid card is easy with Wise.
Wise is a one of the better options in the market for international debit card transfers from Belgium to Nigeria.
Credit cards
Not many money transfer companies offer direct credit card deposits, because it is more expensive for everyone.
We recommend using a bank transfer or a debit card transfer if you can; otherwise, make a quick comparison to find the latest deal.
Be aware of fees: using a credit card to transfer money can mean being charged for a cash advance by your card provider. We always recommend a bank transfer or debit card payment if it is a possibility.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Nigeria and Belgium.
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 Belgium to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to NGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
