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Overall best way: Instarem
We tested & reviewed 3 transfer providers, and Instarem scored highly.
In the last six months, Instarem appeared in 66.7% of Lebanon to Nigeria searches, and was the top rated company supporting payments Lebanon into Naira.
So for a great mix of cost, speed & features, make your Lebanon to Nigeria transfer using Instarem.
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 3 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.
Cheapest way to send money to Nigeria from Lebanon: 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* LBP and an exchange rate for buying Naira with Lebanese Pound that is -2.16% different to the mid-market rate.
If you want to secure the best rates on a Lebanon 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 LBP-NGN by Wise, based on data from the past six months.
Fastest money transfers from Lebanon to Nigeria: Instarem.
Through our comparison, we found Instarem to be the fastest option to transfer money from Lebanon to Naira in 66.7% of instances.
Over the last six months, sending money from Lebanon to Nigeria through Instarem have an average fee of 0 LBP.
Instarem was one of 3 money transfer providers we compared for overall speed of sending money from Lebanon to Nigeria. This speed test included depositing Lebanese Pounds to an account and the average timeframe for sending money to Nigeria.
When fast transfers are a priority, Instarem is our best choice for sending from Lebanon to Nigeria.
Sending a large amount of money?
Of the 3 providers compared, Instarem is the best rated for higher transfer amounts.
Sending large amounts of money can be expensive, and while Instarem 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 0.0173 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 three months has seen the Lebanese Pound worth an average 0.0182 NGN. Within this there has been a high of 0.0187, and a low of 0.0168.
From 3 companies compared, Instarem 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. Instarem offers the lowest fee of the 3 providers tested, averaging 0 LBP 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 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 six months, the average numbers are:
The exchange rate from LBP to NGN averaged 0.0182 NGN.
The highest value recorded was 0.0187 NGN, while the lowest was 0.0168 NGN.
3 providers currently offer transfers between Lebanon and Nigeria close to this rate
Want to secure the best LBP-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 Lebanon to Nigeria!
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 Wise 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, Wise is the best provider for bank transfers of the 3 we tested when sending LBP to Nigeria.
With an average fee of LBP8.7 to send money from Lebanon to Nigeria, Wise 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 Instarem.
Instarem is a leader in card payments for transfers from Lebanon to Nigeria, competing among a total of 3 active money transfer companies on this route.
Credit cards
When it comes to transferring money with a credit card from Lebanon to Nigeria, emerges as our top choice of the 3 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 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.
Money transfer company reviews
