How to send money to Nigeria from Lebanon with the best LBP-NGN rate
Find money transfer deals for sending money from Lebanon to Nigeria. Compare the cheapest, fastest, and most reliable providers with the best LBP to NGN exchange rates.
Read on for the best deals, expert information, and easiest ways to send money to Nigeria from Lebanon.
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
Alternative for Lebanon to Nigeria
While you can’t send LBP to NGN with Wise, you can transfer USD to USD.
"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."
"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."
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The best way to send LBP to Nigeria is through a cash transfer with Western Union.
Western Union offers broad coverage across Lebanon and Nigeria, making it a reliable option.
Transfer fees vary depending on the branch and the amount you send, but you can generally expect to pay around 3 LBP per 22,380,000 LBP transferred.
Before sending, check which deposit options are available in your area. In many cases, you can fund your transfer online in LBP, while the recipient collects NGN in cash at a local branch.
If you’re looking for alternatives, MoneyGram also offers competitive cash pickup services.
How to get the best deal on sending money from Lebanon to Nigeria
Always compare rates
Don't pay more than you need to. Use our live comparison tool to get an overall cost of exchange rates and fees when sending money from Lebanon to Nigeria.
Choose a provider
Select the provider that offers you the best value & service for transfers between Lebanon and Nigeria.
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 Lebanon to Nigeria
Comparing providers offering services between Lebanon and Nigeria, based on your specific needs is the best way to send money with confidence.
Our comparison includes 2 companies that provide the ability to send Lebanese Pound to Nigeria.
This ensures you get the best options for transfers to Nigeria from Lebanon, based on the amount you want to send.
The cheapest way to send money to Nigeria from Lebanon is to send cash via Western Union Agent.
Generally speaking, sending cash is more expensive than using the online transfer, however, after looking at 100+ money transfer companies, there aren’t many options servicing LBP/NGN.
The main cost is made up of the fee (around 3 LBP) and the exchange rate markup added on top.
However, this heavily depends on which branch you use, and how much LBP you are sending.
Fastest money transfers from Lebanon to Nigeria: cash transfer via MoneyGram Agent
The quickest way to send money from Lebanon to Nigeria is through a cash transfer with a MoneyGram Agent.
In most cases, cash transfers are processed instantly, allowing your recipient to collect NGN within minutes.
In some cases, transfer times can vary depending on the amount sent and the branch you use, with larger transfers occasionally taking up to 24 hours to process.
Given the limited number of providers supporting LBP to NGN transfers, MoneyGram remains the fastest and most reliable option for cash pickups in Nigeria.
Sending a large amount of money?
Of the 2 providers compared, Western Union Agent is the best rated for higher transfer amounts.
Sending large amounts of money can be expensive, and while Western Union Agent may not always be the fastest or cheapest way to send money from Lebanon to Nigeria, it's a great provider for things like buying or selling property.
Understanding the cost of money transfers to Nigeria from Lebanon
The total cost of sending money to Nigeria from Lebanon is a mix of the mid-market, exchange rates and transfer fees.
The Mid-Market and Exchange Rates: The mid-market for LBP-NGN is 0.0162 NGN per Lebanese Pound.
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 Lebanese Pounds.
The LBP-NGN mid-market rate over the last 7 days has seen the Lebanese Pound worth an average 0.0162 NGN. Within this there has been a high of 0.0163, and a low of 0.0162.
From 2 companies compared, Western Union Agent offers the strongest exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting LBP to NGN.
Fees: When sending money there may be additional fees. Western Union Agent offers the lowest fee of the 2 providers tested, costing 3 LBP per transfer (based on £22,380,000 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 Lebanon.
Track the exchange rate for Lebanese Pound to Naira
Sending money at the right time between LBP and NGN can make a huge difference to overall cost. The exchange rate impacts how much NGN you get for your LBP.
Over the last 7 days, the average numbers are:
The exchange rate from LBP to NGN averaged 0.0162 NGN.
The highest value recorded was 0.0163 NGN, while the lowest was 0.0162 NGN.
2 providers currently offer transfers between Lebanon and Nigeria close to this rate
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Payment methods available to fund your Lebanon to Nigeria transfer
Bank transfers
Bank transfers are often the better option for money transfers from Lebanon to Nigeria.
Sending money via a bank transfer with a company such as Western Union Agent for transfers from Lebanon to Nigeria allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Western Union Agent is the best provider for bank transfers of the 2 we tested when sending LBP to Nigeria.
With a fee of LBP3 to send money from Lebanon to Nigeria, Western Union Agent offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Lebanon to Nigeria with a prepaid or a debit card is very simple with Western Union Agent.
Western Union Agent is a leader in card payments for transfers from Lebanon to Nigeria, competing among a total of 2 active money transfer companies on this route.
Credit cards
When it comes to international credit card transfers from Lebanon to Nigeria, we to get the best deal.
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 Lebanon.
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 Lebanon to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send LBP to NGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
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