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Companies for transfers from Israel 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."
"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."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
Overall best way: Paysend
We tested & reviewed 7 transfer providers, and Paysend scored highly.
In the last six months, Paysend appeared in 60% of Israel to Nigeria searches, and was the top rated company supporting payments Israel into Naira.
So for a great mix of cost, speed & features, make your Israel to Nigeria transfer using Paysend.
How to compare deals on Israel to Nigeria 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 Israel to Nigeria.
- 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 Israel. Your funds will be converted to Naira and transferred to Nigeria.
Summary of recent searches
Considerations when sending from Israel to Nigeria
Comparing money transfer companies with services between Israel and Nigeria, based on your specific transfer amount and transfer needs, is the best way to send money at the best price.
For this route, we’ve compared 7 providers providing services between Israel and Nigeria. This ensures you will get the best options when sending Naira to Nigeria.
Over the last six months, we’ve picked Paysend as the best overall provider. However, comparing based on the amount you want to send to Nigeria will provide a specific provider that’s best for transferring money from Israel.
Cheapest way to send money to Nigeria from Israel: Wise
Data collected through our comparison over the past six months shows that Wise is 0% cheaper than the second-best option.
The cost is made up of an average fee of 0* ILS and an exchange rate for buying Naira with New Israeli Sheqel that is -2% different to the mid-market rate.
If you want to secure the best rates on a Israel to Nigeria transfer, Wise offers value. We would still recommend searching for the amount you want to send to Nigeria.
*The most common fee applied to ILS-NGN by Wise, based on data from the past six months.
Fastest money transfers from Israel to Nigeria: Paysend.
Through our comparison, we found Paysend to be the fastest option to transfer money from Israel to Naira in 73.6% of instances.
Over the last six months, sending money from Israel to Nigeria through Paysend have an average fee of 0 ILS.
Paysend was one of 7 money transfer providers we compared for overall speed of sending money from Israel to Nigeria. This speed test included depositing New Israeli Sheqels to an account and the average timeframe for sending money to Nigeria.
When fast transfers are a priority, Paysend is our best choice for sending from Israel to Nigeria.
Transfer a large amount of money
Paysend is the best rated company for sending large amounts of Naira to Nigeria out of 7 companies offering the service.
Whether for a property purchase, or for business, sending large amounts of money to Nigeria from Israel has the potential to be very expensive.
Paysend is our choice for big transfers to ILS because of all round price, speed and management when making large transfers.
Understanding the cost of sending money from Israel to Nigeria
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from Israel to Nigeria.
The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more Naira for your New Israeli Sheqel. The current ILS-NGN mid-market rate is 425.6754 NGN per New Israeli Sheqel.
This rate changes regularly so it can pay to track it. For comparison, the ILS-NGN mid-market rate for the past three months has averaged 425.7227 NGN per New Israeli Sheqel, with a low of 359.0347 and a high of 456.802.
Paysend is currently offering the best exchange rate from the 7 companies compared.
Often the ILS-NGN exchange rate you pay is the biggest cost factor when transferring New Israeli Sheqels to Nigeria.
Fees: Money transfer fees are charged on top the exchange rate and can be set, or a percentage of the total amount of New Israeli Sheqel you’re sending to Nigeria. Paysend currently has the lowest fees for transfers into NGN at an average of 0 ILS over the last 6 months. We always recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Naira is the biggest indicator of the total cost of sending money to Nigeria from Israel. The bigger the amount received in Nigeria, the lower the overall cost of sending from Israel.
The best exchange rate for New Israeli Sheqel to Naira transfers
When sending money between ILS and NGN getting a good deal on an exchange rate is essential. The exchange rate you secure impacts how much NGN you get for your ILS.
Here's how the mid-market rate has performed recently, which will impact the overall cost of the exchange rate.
Over the past six months, the mid-market rate from ILS to NGN has been 425.7227.
During this period, there was a high of 456.802, and 359.0347 being the lowest point.
Paysend, which is our recommended service to send money online from Israel to Nigeria offers an exchange rate with a 1.24% markup against the mid-market rate.
Want to secure the best ILS-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 Israel to Nigeria!
Payment options for transfers from Israel to Nigeria
Bank transfers
Bank transfers are often the fastest and cheapest way to send money from Israel to Nigeria.
Using a money transfer company such as Wise for payments from Israel to Nigeria, 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.
Wise is the best money transfer provider for bank transfers of the 7 we compared when sending ILS to Nigeria.With an average fee of 37.14 ILS to transfer money from Israel to Nigeria, Wise offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money with a debit card from Israel to Nigeria is easy with Instarem.
Instarem is a leader in debit card money transfers from Israel to Nigeria. They are the best option of the 7 transfer companies compared.
Credit cards
When it comes to credit card transfers from Israel to Nigeria, is the top choice of the 7 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 Nigeria and Israel.
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 Israel to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ILS 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
