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Overall best way: WorldRemit
We tested & reviewed 14 transfer providers, and WorldRemit scored highly.
In the last six months, WorldRemit appeared in 78.3% of Italy to Nigeria searches, and was the top rated company supporting payments Italy into Naira.
So for a great mix of cost, speed & features, make your Italy to Nigeria transfer using WorldRemit.
How to get the best deal on sending money from Italy 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 Italy 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 Italy to Nigeria money transfers
Comparing providers when sending money from Italy to Nigeria is the easiest way to make a transfer at the best price.
We’ve compared 14 providers for sending Euro to Nigeria. This ensures you will get the best options for your transfer to Nigeria from Italy.
We rate WorldRemit as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Italy to Nigeria.
Cheapest way to send money to Nigeria from Italy: Instarem
Data collected through our comparison over the past six months shows that Instarem is % cheaper than the second-best option.
The cost is made up of an average fee of 0* EUR and an exchange rate for buying Naira with Euro that is 0% different to the mid-market rate.
If you want to secure the best rates on a Italy to Nigeria transfer, Instarem offers value. We would still recommend searching for the amount you want to send to Nigeria.
*The most common fee applied to EUR-NGN by Instarem, based on data from the past six months.
Fastest money transfers from Italy to Nigeria: Ria Money Transfer.
Through our comparison, we found Ria Money Transfer to be the fastest option to transfer money from Italy to Naira in 28.8% of instances.
Over the last six months, sending money from Italy to Nigeria through Ria Money Transfer have an average fee of 4 EUR.
Ria Money Transfer was one of 14 money transfer providers we compared for overall speed of sending money from Italy 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, Ria Money Transfer is our best choice for sending from Italy to Nigeria.
Sending large amounts of money
Of the 14 companies compared, WorldRemit has the strongest option for large transfers from Italy to Nigeria.
Whatever the reason, sending bigger sums of money can be costly if you get a bad exchange rate from Euro to Naira.
The WorldRemit rate makes them great for large transfers between Nigeria and Italy.
Understanding the cost of money transfers to Nigeria from Italy
The total cost of sending money to Nigeria from Italy 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 1,792.3487 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 three months has seen the Euro worth an average 1,726.688 NGN. Within this there has been a high of 1,869.6027, and a low of 1,443.7715.
From 14 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 14 providers tested, averaging 0 EUR per transfer over the last 6 months.
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 Italy.
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 six months, the average numbers are:
The exchange rate from EUR to NGN averaged 1,726.688 NGN.
The highest value recorded was 1,869.6027 NGN, while the lowest was 1,443.7715 NGN.
14 providers currently offer transfers between Italy 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 Italy to Nigeria!
How to pay for money transfers between Italy and Nigeria
Bank transfers
Bank transfers are often fastest, cheapest and best way to send money from Italy to Nigeria.
Using a money transfer company such as Instarem for transfers from Italy to Nigeria, will mean being able to send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Instarem is the cheapest provider for bank transfers of the 14 we compared for transfers from EUR to Nigeria.
To send money from Italy to Nigeria, Instarem has an average fee of 0 EUR.
Debit cards and prepaid options
Sending money from Italy to Nigeria with a debit card or a prepaid card is very simple with Instarem.
Instarem is the cheapest option for sending money with a debit card between Italy and Nigeria. This is of the 14 money transfer companies offering debit card payments on this route.
Credit cards
When it comes to credit card money transfers from Italy to Nigeria, emerges as our top choice of the 14 companies offering this service.
Be aware of fees: using a credit card to transfer money 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 Italy.
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 Italy 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
