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Companies for transfers from Netherlands 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."
"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."
"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."
"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."
"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."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Cambridge Currencies is a boutique UK-based currency broker helping clients send funds globally. Expect personable service & competitive rates from this new industry entrant."
"Card-to-card transfers can be received in just two minutes."
"Send money to over 40 destinations online and in the mobile app."
"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 14 transfer providers, and Wise scored highly.
In the last six months, Wise appeared in 90% of Netherlands to Nigeria searches, and was the top rated company supporting payments the Netherlands into Naira.
So for a great mix of cost, speed & features, make your Netherlands to Nigeria transfer using Wise.
How to get the best deal on your Netherlands to Nigeria money transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to get the best exchange rates on sending money from the Netherlands to Nigeria.
- Choose a provider
Select the provider that offers you the best value and timeframes for transfers between the Netherlands and Nigeria.
- Click, sign up & send
Follow the steps & make your transfer to Nigeria. Your funds will be sent from the Netherlands and converted into Naira.
Summary of recent searches
Considerations when sending from Netherlands to Nigeria
Comparing money transfer companies with services between the Netherlands 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 14 providers providing services between Netherlands and Nigeria. This ensures you will get the best options when sending Naira to Nigeria.
Over the last six months, we’ve picked Wise 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 the Netherlands.
Cheapest way to send money to Nigeria from the Netherlands: Wise
Data collected through our comparison over the past six months shows that Wise is 1.3% cheaper than the second-best option.
The cost is made up of an average fee of 0* EUR and an exchange rate for buying Naira with Euro that is -4.88% different to the mid-market rate.
If you want to secure the best rates on a Netherlands 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 EUR-NGN by Wise, based on data from the past six months.
Fastest money transfers from Netherlands to Nigeria: Wise.
Through our comparison, we found Wise to be the fastest option to transfer money from the Netherlands to Naira in 76.7% of instances.
Over the last six months, sending money from the Netherlands to Nigeria through Wise have an average fee of 9.6 EUR.
Wise was one of 14 money transfer providers we compared for overall speed of sending money from the Netherlands 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 Netherlands to Nigeria.
Sending a large amount of money?
Of the 14 providers compared, Wise is the best rated for higher transfer amounts.
Sending large amounts of money can be expensive, and while Wise may not always be the fastest or cheapest way to send money from Netherlands to Nigeria, it's a great provider for things like buying or selling property.
Understanding the cost of sending money to Nigeria from Netherlands
The cost of sending money from Nigeria to Nigeria, is made-up of a combination of fees and exchange rates:
The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from EUR-NGN is 1,684.7259 NGN per Euro.
Finding a provider offering an exchange as close to 1,684.7259 as possible will ensure more Naira received when transferring.
For context, the EUR-NGN mid-market rate for the past three months has averaged 1,668.6939 NGN per Euro. This includes a high of 1,869.6027, and low of 1,528.8411.
Wise currently offers the best exchange rate on transfers from the Netherlands to Nigeria.
For the most part the EUR-NGN exchange rate you receive is the biggest factor impacting the cost of sending EUR to Nigeria.
Fees: Outside of exchange rates, you may need to pay a fee to send. Profee currently offers the lowest fees on transfers to Nigeria from the Netherlands, averaging 0 EUR over the last 6 months. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Naira is the amount you started with, minus the amount you paid in the exchange and fees.
The better deal you get on exchanging Euros to NGN, paired with a low fee, means a higher total amount received in Nigeria.
Getting the best exchange rate for Euro to Naira
Tracking the mid-market rate can make a huge difference when sending money EUR to NGN. The exchange rate you secure impacts how much NGN you get for your EUR.
Here's some data on recent trends in the mid-market rate.
Over the past six months, the interbank rate from EUR to NGN has seen some fluctuation. On average, it has been 1,668.6939.
During this period, the highest value level was 1,869.6027, with a low of 1,528.8411.
Wise, which is our recommended service to send money online from Netherlands to Nigeria offers an exchange rate that is only -3.39% above the mid-market rate.
Want to secure the best EUR-Naira exchange rates?
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Payment methods available to fund your Netherlands to Nigeria transfer
Bank transfers
Bank transfers are often the better option for money transfers from the Netherlands to Nigeria.
Sending money via a bank transfer with a company such as Wise for transfers from the Netherlands 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 14 we tested when sending EUR to Nigeria.
With an average fee of EUR9.22 to send money from the Netherlands to Nigeria, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from the Netherlands to Nigeria with a prepaid or a debit card is very simple with Wise.
Wise is a leader in card payments for transfers from the Netherlands to Nigeria, competing among a total of 14 active money transfer companies on this route.
Credit cards
When it comes to transferring money with a credit card from the Netherlands to Nigeria, emerges as our top choice of the 14 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 Netherlands.
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 Netherlands 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
