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How to send money from Lebanon to Nigeria
Sending money from Lebanon to Nigeria doesn’t have a huge amount of options. Because of this, we would recommend sending money via:
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.
Sending money from Lebanon to Nigeria: key insights and tips
Don't settle for the first option. Always compare ways to send money from Lebanon to Nigeria to find out about fees, speed, and reliability.
Your analysis should include all the providers that operate between Lebanon and Nigeria. Through this, you get a comprehensive view of all the options you have in Lebanon when you need to send money to Nigeria.
Cheapest way to send money from Lebanon to Nigeria
Without any money transfer providers serving the Lebanon to Nigeria route, the cheapest money transfer options are limited.
We would recommend using:
Understanding the costs involved when moving money from Lebanon to Nigeria
When calculating the costs of money transfers between Lebanon and Nigeria, here's what really matters:
The Mid-Market Rate: Today, the LBP-NGN mid-market rate equals to 0.0173. Keep in mind that this rate fluctuates all the time.
The LBP-NGN average exchange rate of the past week has been 0.0173, with a highest of 0.0187 and a lowest of 0.0166.
Fees and Markups: When you pick a service with competitive exchange rates and low fees, you get to make the most out of your LBP to NGN transfers. This strategy keeps your costs down, offering a smart way to handle your international transactions.
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 0.0173 NGN.
The highest value recorded was 0.0187 NGN, while the lowest was 0.0166 NGN.
3 providers currently offer transfers between Lebanon and Nigeria close to this rate
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What payment methods are available when sending money from Lebanon to Nigeria?
Sending bank transfers from Lebanon to Nigeria
Bank transfers are the most common way of sending LBP to Nigeria as they are secure, reliable, and convenient.
If you want to send Lebanese Pounds to Nigeria via bank transfer, you can use your bank where no provider is available, but it will likely be at a bad exchange rate.
Sending money from Lebanon to Nigeria by credit card
Credit card payments are quick, convenient, and typically more secure than other methods, thanks to backing by the issuing party. Some users may even be able to rack up reward points when making large transactions.
If you want to send Lebanese Pounds to Nigeria with a credit card.
Note: Beware of chargesCredit card payments are often classified as cash advances, which bring their own charges, as well as currency conversion and usage fees. Forgetting to pay your balance can also result in high interest charges, and can even damage your credit score.
Sending money from Lebanon to Nigeria by payment apps
If you’d like to send money from Lebanon to Nigeria via payment app, follow these steps:
Download the app and register. Download the app from the App Store or Google Play. You’ll need to register to be able to open an account. Make sure the app services transfers from Lebanon to Nigeria.
Enter your details. Enter any of the details required. You may need a valid form of ID.
Start your transfer. Enter the details of your recipient. Some apps will require full payment details, while others allow you to pay with just an email address. You may need to state that you’re planning to send money to Nigeria in Naira at this stage.
Check the details. It’s vital that you check the details you’ve added to make sure everything is correct. It can be very difficult to reverse a transfer, and most payment apps don’t let you cancel a transfer from Lebanon to Nigeria after it’s been sent.
Send the money. Your app will probably charge a fee for the transfer. They may also add a markup to the LBP to NGN exchange rate. Check the rate they’re offering against the mid-market rate to make sure you’re getting a good deal.
The current mid-market rate of LBP to NGN is 0.0173
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 document.
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