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Overall best way: Moneycorp
We tested & reviewed 6 transfer providers, and Moneycorp scored highly.
In the last six months, Moneycorp appeared in 50% of Jamaica to Nigeria searches, and was the top rated company supporting payments Jamaica into Naira.
So for a great mix of cost, speed & features, make your Jamaica to Nigeria transfer using Moneycorp.
How to compare deals on Jamaica 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 Jamaica 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 Jamaica. Your funds will be converted to Naira and transferred to Nigeria.
Summary of recent searches
Understanding Jamaica to Nigeria money transfers
Comparing providers when sending money from Jamaica to Nigeria is the easiest way to make a transfer at the best price.
We’ve compared 6 providers for sending Jamaican Dollar to Nigeria. This ensures you will get the best options for your transfer to Nigeria from Jamaica.
We rate Moneycorp as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Jamaica to Nigeria.
Cheapest way to send money to Nigeria from Jamaica: Multipass
Data collected through our comparison over the past six months shows that Multipass is 0.7% cheaper than the second-best option.
The cost is made up of an average fee of 0* JMD and an exchange rate for buying Naira with Jamaican Dollar that is 0.5% different to the mid-market rate.
If you want to secure the best rates on a Jamaica to Nigeria transfer, Multipass offers value. We would still recommend searching for the amount you want to send to Nigeria.
*The most common fee applied to JMD-NGN by Multipass, based on data from the past six months.
Fastest money transfers from Jamaica to Nigeria: Payoneer.
Through our comparison, we found Payoneer to be the fastest option to transfer money from Jamaica to Naira in 44.4% of instances.
Over the last six months, sending money from Jamaica to Nigeria through Payoneer have an average fee of 0 JMD.
Payoneer was one of 6 money transfer providers we compared for overall speed of sending money from Jamaica to Nigeria. This speed test included depositing Jamaican Dollars to an account and the average timeframe for sending money to Nigeria.
When fast transfers are a priority, Payoneer is our best choice for sending from Jamaica to Nigeria.
Sending large amounts of money
Of the 6 companies compared, Moneycorp has the strongest option for large transfers from Jamaica to Nigeria.
Whatever the reason, sending bigger sums of money can be costly if you get a bad exchange rate from Jamaican Dollar to Naira.
The Moneycorp rate makes them great for large transfers between Nigeria and Jamaica.
Understanding the cost of transferring money to Nigeria from Jamaica
Fees and exchange rates make up the total cost of sending money from Nigeria to Nigeria. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current JMD-NGN mid-market rate is 9.9327 NGN per Jamaican Dollar. You will get more Naira for your Jamaican Dollars if you find a provider close to this number.
For context, over the last three months the JMD-NGN mid-market rate has had a high of 10.6684, a low of 9.4602 and averaged 10.3136 NGN per Jamaican Dollar.
Across the 6 companies compared, the best exchange rate is with Multipass.
Unless fees are unusually high, the exchange rate you receive on converting JMD to NGN will be the biggest determining factor when working out the cost of transferring Jamaican Dollars to Nigeria.
Fees: Transfer fees are charged as part of the transfer. Multipass at an average of 0 JMD per transfer over the last 6 months, offers the lowest fees overall. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Naira eventually received in Nigeria. You can assume that a lower cost of sending from Jamaica will result in more money received in Nigeria.
Track the exchange rate for Jamaican Dollar to Naira
Sending money at the right time between JMD and NGN can make a huge difference to overall cost. The exchange rate impacts how much NGN you get for your JMD.
Over the last six months, the average numbers are:
The exchange rate from JMD to NGN averaged 10.3136 NGN.
The highest value recorded was 10.6684 NGN, while the lowest was 9.4602 NGN.
6 providers currently offer transfers between Jamaica and Nigeria close to this rate
Want to secure the best JMD-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 Jamaica to Nigeria!
Payment methods available to fund your Jamaica to Nigeria transfer
Bank transfers
Bank transfers are often the better option for money transfers from Jamaica to Nigeria.
Sending money via a bank transfer with a company such as Multipass for transfers from Jamaica to Nigeria allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Multipass is the best provider for bank transfers of the 6 we tested when sending JMD to Nigeria.
With an average fee of JMD0 to send money from Jamaica to Nigeria, Multipass offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Jamaica to Nigeria with a prepaid or a debit card is very simple with Instarem.
Instarem is a leader in card payments for transfers from Jamaica to Nigeria, competing among a total of 6 active money transfer companies on this route.
Credit cards
When it comes to transferring money with a credit card from Jamaica to Nigeria, Instarem emerges as our top choice of the 6 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 Jamaica.
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 Jamaica to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send JMD 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
