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Overall best choice: WorldRemit
We tested & reviewed dozens of money transfer providers, and WorldRemit scored highly.
WorldRemit appeared in 51.1% of Switzerland to Nigeria searches, and was the top rated company out of 4 that support CHF to NGN.
So for a great mix of cost, speed & features, make your Switzerland to Nigeria transfer using WorldRemit.
How to get the best deal on your Switzerland to Nigeria transfer
Summary of recent searches
Important things to consider before sending money from Switzerland to Nigeria
Don't settle for the first option. Always compare ways to send money from Switzerland to Nigeria to find out about fees, speed, and reliability.
Our analysis included 4 providers that operate between Switzerland and Nigeria.
Through this, you get a comprehensive view of all the options you have in Switzerland when you need to send money to Nigeria.
Cheapest way to send money to Nigeria from Switzerland: HSBC
Data collected over the past six months shows that HSBC is 0% cheaper than the second-best option.
The fr.0 transfer cost represents the most common fee for CHF to NGN international transfers, based on data from the past six months.
If you want to secure the best rates on a CHF to Nigeria transfer, make sure you pick HSBC to send your money online.
*The most common fee applied to CHF-NGN by HSBC, based on data from the past six months.
Fastest way to send money from Switzerland to Nigeria: WorldRemit
Our data shows that WorldRemit came up as the fastest way to send money from Switzerland to Nigeria in 61% of searches. This makes them well suited to urgent CHF to NGN money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Switzerland to Nigeria - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, WorldRemit is your best choice at the moment. This service emerged as the quickest way to send money to Nigeria from Switzerland in 61% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is WorldRemit.
While WorldRemit may not always be the cheapest or fastest way to send CHF from Switzerland to Nigeria, it’s the provider that will keep you safe and relaxed while your money moves into NGN.
Understanding the costs involved when moving money from Switzerland to Nigeria
When calculating the costs of money transfers between Switzerland and Nigeria, here's what really matters:
The Mid-Market Rate: Today, the CHF-NGN mid-market rate equals to 1428.570278 NGN per Swiss Franc.
The CHF-NGN average exchange rate for the past three months has been 1152.3355 NGN per Swiss Franc, with a high of 1814.5195 and a low of 889.0177.
When looking to send money, we'd recommend WorldRemit. On average WorldRemit is -24.16% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from CHF to NGN.
How to find the best exchange rate for Swiss Franc to Naira
Timing is essential for sending money between CHF and NGN. The exchange rate you secure impacts how much NGN you get for your CHF.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CHF to NGN has seen some fluctuation. On average, it stood at 1152.3355.
During this period, the highest value recorded was 1814.5195, while the lowest was 889.0177.
WorldRemit, which is our recommended service to send money online from Switzerland to Nigeria offers an exchange rate that is only -24.16% above the mid-market rate.
Want to secure the best CHF-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 Switzerland to Nigeria!
Payment methods available to fund your Switzerland to Nigeria transfer
Bank transfers
Bank transfers are often the default option for sending money from Switzerland to Nigeria.
By using a money transfer company such as HSBC for transfers from Switzerland to Nigeria, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, HSBC is the cheapest provider for bank transfers from the 4 we tested when sending CHF to Nigeria.
With an average fee of CHF10 to send money from Switzerland to Nigeria, HSBC offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Switzerland to Nigeria with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Switzerland to Nigeria, competing among a total of 4 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Switzerland to Nigeria, Wise emerges as our top choice of the 4 companies offering this service.
Fee alert: 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 Switzerland.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 Switzerland to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CHF 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
