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Send money from Malta to Nigeria
"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."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Card-to-card transfers can be received in just two minutes."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"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."
"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."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Most transfers are instant or same-day. Customers can earn rewards on every transaction."
HSBCRecipient gets (NGN)₦11,898,921.00Not recommended
"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."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
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: Wise
We tested & reviewed 9 transfer providers, and Wise scored highly.
Sending 6,800 EUR to NGN will cost you €46.73 in fees, and you will receive 12,305,200.8 NGN. The delivery time is within minutes, but it depends on the day you make the transfer.
So for a great mix of cost, speed & features, make your Malta to Nigeria transfer using Wise.
How to get the best deal on sending money from Malta 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 Malta to Nigeria.
- Choose a provider
Select the provider that offers you the best value & service for transfers between Malta 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
Understanding Malta to Nigeria money transfers
Comparing providers when sending money from Malta to Nigeria is the easiest way to make a transfer at the best price.
We’ve compared 9 providers for sending Euro to Nigeria. This ensures you will get the best options for your transfer to Nigeria from Malta.
We rate Wise as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Malta to Nigeria.
Cheapest way to send money to Nigeria from Malta: Profee
Data collected through our comparison over the past week shows that Profee is 1.72% cheaper than the second-best option.
The cost is made up of a fee of 0 EUR and an exchange rate for buying Naira with Euro that is -2.58% different to the mid-market rate.
If you want to secure the best rates on a Malta to Nigeria transfer, Profee offers value. We would still recommend searching for the amount you want to send to Nigeria.
Fastest money transfers from Malta to Nigeria: Wise.
Based on our recent data, transfer time for a €6,800 transfer to Nigeria with Wise is within minutes. This can vary by amount and method, but it is a good point of reference.
Sending money from Malta to Nigeria through Wise will cost you 46.73 EUR in fees & small markup.
Wise was one of 9 money transfer providers we compared for overall speed of sending money from Malta to Nigeria. This speed test included depositing Euros to an account and the average timeframe for sending money to Nigeria.
When fast transfers are a priority, Wise is our best choice for sending from Malta to Nigeria.
Transfer a large amount of money
Wise is the best rated company for sending large amounts of Naira to Nigeria out of 9 companies offering the service.
Whether for a property purchase, or for business, sending large amounts of money to Nigeria from Malta has the potential to be very expensive.
Wise is our choice for big transfers to EUR because of all round price, speed and management when making large transfers.
Understanding the cost of money transfers to Nigeria from Malta
The total cost of sending money to Nigeria from Malta is a mix of the mid-market, exchange rates and transfer fees.
The Mid-Market and Exchange Rates: The mid-market for EUR-NGN is 1,807.0477 NGN per Euro.
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 Euros.
The EUR-NGN mid-market rate over the last 7 days has seen the Euro worth an average 1,792.6625 NGN. Within this there has been a high of 1,803.8684, and a low of 1,784.3119.
From 9 companies compared, Profee offers the strongest exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting EUR to NGN.
Fees: When sending money there may be additional fees. Profee offers the lowest fee of the 9 providers tested, costing 0 EUR per transfer (based on €6,800 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 Malta.
The best exchange rate for Euro to Naira transfers
When sending money between EUR and NGN getting a good deal on an exchange rate is essential. The exchange rate you secure impacts how much NGN you get for your EUR.
Here's how the mid-market rate has performed recently, which will impact the overall cost of the exchange rate.
In the past week, the mid-market rate from EUR to NGN has been 1,792.6625.
During this period, there was a high of 1,803.8684, and 1,784.3119 being the lowest point.
Wise, which is our recommended service to send money online from Malta to Nigeria offers an exchange rate with a -1.01% markup against the mid-market rate.
Want to secure the best EUR-Naira exchange rates?
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Payment options for Malta to Nigeria money transfers
Bank transfers
Bank transfers are usually the best and easiest way to send money from Malta to Nigeria.
By using a money transfer company such as Profee for transfers from Malta to Nigeria, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates than you would get from a traditional bank.
Profee is the cheapest money transfer company for bank transfers from the 9 we compared for transfers from EUR into Nigeria.With a fee of 0 EUR to send money from Malta to Nigeria, Profee offers a strong combination of competitive exchange rates and lower fees.
Debit cards and prepaid options
Sending money from Malta to Nigeria with a debit or a prepaid card is available through Wise.
Wise is a one of the cheaper options for debit card payments for transfers from Malta to Nigeria. This cost is against a total of 9 money transfer companies offering this option.
Credit cards
When it comes to international credit card transfers from Malta 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. Where possible, we recommend a bank transfer or debit card payment.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Nigeria and Malta.
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 Malta to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR 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
