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Send money from Mali to Nigeria
"24/7 live chat support provided in six languages. Special first transfer rates available, with airtime topup supported to many countries in Africa, Asia and South America."
In our experience, there are always efficiencies to be made in how businesses manage international payments in and out.
Why not take our free FX health check test to see how effective your business is in managing these. It only takes a couple of minutes.
Overall best way: WorldRemit
We tested & reviewed 1 transfer providers, and WorldRemit scored highly.
Sending 4,469,500 XOF to NGN will cost you CFA5 in fees, and you will receive 12,082,249.42 NGN. The delivery time is minutes - 2 days, but it depends on the day you make the transfer.
So for a great mix of cost, speed & features, make your Mali to Nigeria transfer using WorldRemit.
How to send money from Mali to Nigeria
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you get the best rates on converting into Naira from Mali.
- Choose a provider
Select the provider offering the best way to send to Nigeria based on your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your Naira will soon be on their way to Nigeria.
Summary of recent searches
Considerations when sending from Mali to Nigeria
Comparing money transfer companies with services between Mali and Nigeria, based on your specific transfer amount and transfer needs, is the best way to send money at the best price.
For this route, we’ve compared 1 providers providing services between Mali and Nigeria. This ensures you will get the best options when sending Naira to Nigeria.
Over the last 7 days, we’ve picked WorldRemit as the best overall provider. However, comparing based on the amount you want to send to Nigeria will provide a specific provider that’s best for transferring money from Mali.
Cheapest way to send money to Nigeria from Mali: WorldRemit
Data collected through our comparison over the past week shows that WorldRemit is 0% cheaper than the second-best option.
The cost is made up of a fee of 5 XOF and an exchange rate for buying Naira with CFA Franc BCEAO that is 0.6% different to the mid-market rate.
If you want to secure the best rates on a Mali to Nigeria transfer, WorldRemit offers value. We would still recommend searching for the amount you want to send to Nigeria.
Fastest money transfers from Mali to Nigeria: WorldRemit.
Based on our recent data, transfer time for a CFA4,469,500 transfer to Nigeria with WorldRemit is minutes - 2 days. This can vary by amount and method, but it is a good point of reference.
Sending money from Mali to Nigeria through WorldRemit will cost you 5 XOF in fees & small markup.
WorldRemit was one of 1 money transfer providers we compared for overall speed of sending money from Mali to Nigeria. This speed test included depositing CFA Franc BCEAOs to an account and the average timeframe for sending money to Nigeria.
When fast transfers are a priority, WorldRemit is our best choice for sending from Mali to Nigeria.
Sending large amounts of money
Of the 1 companies compared, WorldRemit has the strongest option for large transfers from Mali to Nigeria.
Whatever the reason, sending bigger sums of money can be costly if you get a bad exchange rate from CFA Franc BCEAO to Naira.
The WorldRemit rate makes them great for large transfers between Nigeria and Mali.
Understanding the cost of sending money from Mali to Nigeria
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from Mali to Nigeria.
The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more Naira for your CFA Franc BCEAO. The current XOF-NGN mid-market rate is 2.7285 NGN per CFA Franc BCEAO.
This rate changes regularly so it can pay to track it. For comparison, the XOF-NGN mid-market rate for the past 7 days has averaged 2.7081 NGN per CFA Franc BCEAO, with a low of 2.6873 and a high of 2.7215.
WorldRemit is currently offering the best exchange rate from the 1 companies compared.
Often the XOF-NGN exchange rate you pay is the biggest cost factor when transferring CFA Franc BCEAOs to Nigeria.
Fees: Money transfer fees are charged on top the exchange rate and can be set, or a percentage of the total amount of CFA Franc BCEAO you’re sending to Nigeria. WorldRemit currently has the lowest fees for transfers into NGN of just 5 XOF. We always recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Naira is the biggest indicator of the total cost of sending money to Nigeria from Mali. The bigger the amount received in Nigeria, the lower the overall cost of sending from Mali.
Getting best exchange rate for transfers between CFA Franc BCEAO and Naira
Timing is essential for transferring money between XOF and NGN. The exchange rate you secure impacts how much NGN you get for your XOF.
The recent trends between the currencies are:
Over the past 7 days, the mid-market rate from XOF to NGN has moved slightly. On average, it was 2.7081.
During this same period,there was a high of 2.7215, and a low of 2.6873.
WorldRemit, which is our recommended service to send money online from Mali to Nigeria offers 2.7033 NGN per XOF which is only 0.6% above the mid-market rate.
Want to secure the best XOF-Naira exchange rates?
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How to pay for money transfers between Mali and Nigeria
Bank transfers
Bank transfers are often fastest, cheapest and best way to send money from Mali to Nigeria.
Using a money transfer company such as for transfers from Mali to Nigeria, will mean being able to send money via a bank transfer while benefiting from lower fees and more favorable exchange rates.
On average, is the cheapest provider for bank transfers of the 1 we compared for transfers from XOF to Nigeria.
To send money from Mali to Nigeria, has a fee of XOF.
Debit cards and prepaid options
Sending money from Mali to Nigeria with a debit card or a prepaid card is very simple with .
is the cheapest option for sending money with a debit card between Mali and Nigeria. This is of the 1 money transfer companies offering debit card payments on this route.
Credit cards
When it comes to credit card transfers from Mali to Nigeria, we recommend comparing your options to get the best deal.
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 Mali.
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 Mali to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send XOF to NGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
Money transfer company reviews
