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Companies for transfers from Hong Kong 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."
"Cambridge Currencies is a boutique UK-based currency broker helping clients send funds globally. Expect personable service & competitive rates from this new industry entrant."
"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."
"Cambridge Currencies is a boutique UK-based currency broker helping clients send funds globally. Expect personable service & competitive rates from this new industry entrant."
"Send money to over 40 destinations online and in the mobile app."
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 5 transfer providers, and Wise scored highly.
In the last six months, Wise appeared in 100% of Hong Kong to Nigeria searches, and was the top rated company supporting payments Hong Kong into Naira.
So for a great mix of cost, speed & features, make your Hong Kong to Nigeria transfer using Wise.
How to to send from Hong Kong to Nigeria in the best way
- Always compare rates
Money transfers to Nigeria should be easy. Use our live comparison tool to make sure you aren't missing the best rates to send money from Hong Kong to Nigeria.
- Choose a provider
Select the provider that offers you the best value on your Hong Kong Dollar & service for your needs.
- Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to Nigeria.
Summary of recent searches
Considerations for money transfers from Hong Kong to Nigeria
Comparing providers offering services between Hong Kong and Nigeria, based on your specific needs is the best way to send money with confidence.
Our comparison includes 5 companies that provide the ability to send Hong Kong Dollar to Nigeria.
This ensures you get the best options for transfers to Nigeria from Hong Kong, based on the amount you want to send.
Cheapest way to send money to Nigeria from Hong Kong: Xe
Data collected through our comparison over the past six months shows that Xe is -30.4% cheaper than the second-best option.
The cost is made up of an average fee of 0* HKD and an exchange rate for buying Naira with Hong Kong Dollar that is 26.64% different to the mid-market rate.
If you want to secure the best rates on a Hong Kong to Nigeria transfer, Xe offers value. We would still recommend searching for the amount you want to send to Nigeria.
*The most common fee applied to HKD-NGN by Xe, based on data from the past six months.
Fastest money transfers from Hong Kong to Nigeria: Wise.
Through our comparison, we found Wise to be the fastest option to transfer money from Hong Kong to Naira in 100% of instances.
Over the last six months, sending money from Hong Kong to Nigeria through Wise have an average fee of 261.72 HKD.
Wise was one of 5 money transfer providers we compared for overall speed of sending money from Hong Kong to Nigeria. This speed test included depositing Hong Kong Dollars 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 Hong Kong to Nigeria.
Sending a large amount of money?
Of the 5 providers compared, Wise is the best rated for higher transfer amounts.
Sending large amounts of money can be expensive, and while Wise may not always be the fastest or cheapest way to send money from Hong Kong to Nigeria, it's a great provider for things like buying or selling property.
Understanding the costs involved when transferring money to Nigeria from Hong Kong
When calculating the cost of sending money from Hong Kong to Nigeria, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current HKD-NGN mid-market rate is 196.218 NGN per Hong Kong Dollar. Finding a provider as close to this number as possible will ensure more Naira for your money.
As a comparison, the HKD-NGN mid-market rate for the past three months has averaged 192.8508 NGN per Hong Kong Dollar, hitting a high of 192.8526 and a low of 192.8491.
Panda Remit is currently offering the best exchange rate on transfers between Hong Kong and Nigeria.
Often the HKD-NGN exchange rate you receive will be the biggest factor impacting the cost of sending Hong Kong Dollar to Nigeria.
Fees: Transfer fees are charged on top of a transfer. Xe currently offers lowest fees, at an average of 0 HKD over the last 6 months. Although, we recommend searching for your exact send amount for an exact fee.
Amount Received: The total amount received in Naira is the biggest indicator in the total cost of sending money to Hong Kong from Nigeria. The higher the total amount received in Nigeria, the lower the cost of sending from Hong Kong.
Getting best exchange rate for transfers between Hong Kong Dollar and Naira
Timing is essential for transferring money between HKD and NGN. The exchange rate you secure impacts how much NGN you get for your HKD.
The recent trends between the currencies are:
Over the past six months, the mid-market rate from HKD to NGN has moved slightly. On average, it was 192.8508.
During this same period,there was a high of 192.8526, and a low of 192.8491.
Wise, which is our recommended service to send money online from Hong Kong to Nigeria offers an exchange rate that is only 0.49% above the mid-market rate.
Want to secure the best HKD-Naira exchange rates?
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Payment methods available to fund your Hong Kong to Nigeria transfer
Bank transfers
Bank transfers are often the better option for money transfers from Hong Kong to Nigeria.
Sending money via a bank transfer with a company such as Xe for transfers from Hong Kong to Nigeria allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Xe is the best provider for bank transfers of the 5 we tested when sending HKD to Nigeria.
With an average fee of HKD0 to send money from Hong Kong to Nigeria, Xe offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Hong Kong to Nigeria with a prepaid or a debit card is very simple with Instarem.
Instarem is a leader in card payments for transfers from Hong Kong to Nigeria, competing among a total of 5 active money transfer companies on this route.
Credit cards
When it comes to transferring money with a credit card from Hong Kong to Nigeria, emerges as our top choice of the 5 companies offering this service.
Beware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Nigeria and Hong Kong.
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 Hong Kong to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send HKD 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
