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Companies for transfers from Mexico to Nigeria
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
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 6 transfer providers, and Wise scored highly.
In the last 7 days, Wise appeared in 55.7% of Mexico to Nigeria searches, and was the top rated company supporting payments Mexico into Naira.
So for a great mix of cost, speed & features, make your Mexico to Nigeria transfer using Wise.
How to get the best deal on sending money from Mexico 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 Mexico to Nigeria.
- Choose a provider
Select the provider that offers you the best value & service for transfers between Mexico 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 Mexico to Nigeria money transfers
Comparing providers when sending money from Mexico to Nigeria is the easiest way to make a transfer at the best price.
We’ve compared 6 providers for sending Mexican Peso to Nigeria. This ensures you will get the best options for your transfer to Nigeria from Mexico.
We rate Wise as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Mexico to Nigeria.
Cheapest way to send money to Nigeria from Mexico: Ria Money Transfer
Data collected through our comparison over the past week shows that Ria Money Transfer is 0% cheaper than the second-best option.
The cost is made up of an average fee of 0* MXN and an exchange rate for buying Naira with Mexican Peso that is 2.8% different to the mid-market rate.
If you want to secure the best rates on a Mexico to Nigeria transfer, Ria Money Transfer offers value. We would still recommend searching for the amount you want to send to Nigeria.
*The most common fee applied to MXN-NGN by Ria Money Transfer, based on data from the last 7 days.
Fastest money transfers from Mexico to Nigeria: Wise.
Through our comparison, we found Wise to be the fastest option to transfer money from Mexico to Naira in 54.2% of instances.
Over the last 7 days, sending money from Mexico to Nigeria through Wise have an average fee of 193.26 MXN.
Wise was one of 6 money transfer providers we compared for overall speed of sending money from Mexico to Nigeria. This speed test included depositing Mexican Pesos 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 Mexico to Nigeria.
Transfer a large amount of money with Regency FX
Regency FX is the best-rated company for sending large amounts of Naira to Nigeria out of 6 companies offering the service.
Whether for a property purchase or for business, sending large amounts of money to Nigeria from Mexico has the potential to be very expensive.
Regency FX is our choice for large transfers to MXN because of all-round price, unbeatable customer experience, experienced dedicated managers, quick turnarounds, and ease of use when making large transfers.
Understanding the costs involved when transferring money to Nigeria from Mexico
When calculating the cost of sending money from Mexico to Nigeria, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current MXN-NGN mid-market rate is 81.7422 NGN per Mexican Peso. Finding a provider as close to this number as possible will ensure more Naira for your money.
As a comparison, the MXN-NGN mid-market rate for the past week has averaged 76.3107 NGN per Mexican Peso, hitting a high of 83.0561 and a low of 72.4305.
Wise is currently offering the best exchange rate on transfers between Mexico and Nigeria.
Often the MXN-NGN exchange rate you receive will be the biggest factor impacting the cost of sending Mexican Peso to Nigeria.
Fees: Transfer fees are charged on top of a transfer. Paysend currently offers lowest fees, at an average of 0 MXN over the last week. Although, we recommend searching for your exact send amount for an exact fee.
Amount Received: The total amount received in Naira is the biggest indicator in the total cost of sending money to Mexico from Nigeria. The higher the total amount received in Nigeria, the lower the cost of sending from Mexico.
The best exchange rate for Mexican Peso to Naira transfers
When sending money between MXN 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 MXN.
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 MXN to NGN has been 76.3107.
During this period, there was a high of 83.0561, and 72.4305 being the lowest point.
Wise, which is our recommended service to send money online from Mexico to Nigeria offers an exchange rate with a -2.01% markup against the mid-market rate.
Want to secure the best MXN-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 Mexico to Nigeria!
How to pay for money transfers between Mexico and Nigeria
Bank transfers
Bank transfers are often fastest, cheapest and best way to send money from Mexico to Nigeria.
Using a money transfer company such as Ria Money Transfer for transfers from Mexico to Nigeria, will mean being able to send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Ria Money Transfer is the cheapest provider for bank transfers of the 6 we compared for transfers from MXN to Nigeria.
To send money from Mexico to Nigeria, Ria Money Transfer has an average fee of 4 MXN.
Debit cards and prepaid options
Sending money from Mexico to Nigeria with a debit card or a prepaid card is very simple with Wise.
Wise is the cheapest option for sending money with a debit card between Mexico and Nigeria. This is of the 6 money transfer companies offering debit card payments on this route.
Credit cards
When it comes to credit card transfers from Mexico 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 Mexico.
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 Mexico to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send MXN 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
