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Companies for transfers from Turkey 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."
"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."
Overall best way: Wise
We tested & reviewed 6 transfer providers, and Wise scored highly.
In the last six months, Wise appeared in 51% of Turkey to Nigeria searches, and was the top rated company supporting payments Turkey into Naira.
So for a great mix of cost, speed & features, make your Turkey to Nigeria transfer using Wise.
How to to send from Turkey to Nigeria in the best way
- Always compare rates
Money transfers to Nigeria should be easy. Use our live comparison tool to make sure you aren't missing the best rates to send money from Turkey to Nigeria.
- Choose a provider
Select the provider that offers you the best value on your Turkish Lira & service for your needs.
- Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to Nigeria.
Summary of recent searches
Considerations to make sending money from Turkey to Nigeria easy
Comparing the different providers offering services between Turkey and Nigeria, is the best way to send money with confidence.
The 6 providers we've compared ensures you will get the best options for your transfer to Nigeria from Turkey. By taking the time to compare you can save yourself in the region of 3% of the total transfer amount.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring Turkish Lira to Nigeria.
Cheapest way to send money to Nigeria from Turkey: Wise
Data collected through our comparison over the past six months shows that Wise is 0% cheaper than the second-best option.
The cost is made up of an average fee of 421.4* TRY and an exchange rate for buying Naira with Turkish Lira that is -2.22% different to the mid-market rate.
If you want to secure the best rates on a Turkey 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 TRY-NGN by Wise, based on data from the past six months.
Fastest money transfers from Turkey to Nigeria: Wise.
Through our comparison, we found Wise to be the fastest option to transfer money from Turkey to Naira in 49.7% of instances.
Over the last six months, sending money from Turkey to Nigeria through Wise have an average fee of 421.4 TRY.
Wise was one of 6 money transfer providers we compared for overall speed of sending money from Turkey to Nigeria. This speed test included depositing Turkish Liras 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 Turkey to Nigeria.
Transfer a large sum of money
From 6 money transfer companies compared, Wise is the best option for large transfers from Turkey to Nigeria.
Whether it’s for property purchases, business or any other reason, sending large amounts of money from Turkey to Nigeria can become expensive if you use a bank, or the wrong provider.
Wise is the top choice for sending large sums of money to Nigeria from Turkey because they offer a strong service and competitive exchange rates.
Understanding the cost of moving money from Turkey to Nigeria
The total cost of sending money to Nigeria from Turkey, is made-up of a combination of fees and exchange rates. Sending with a company that can offer a good deal on both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: Currently, the mid-market for TRY-NGN is 44.2816 NGN per Turkish Lira.
Finding a company offering an exchange rate closer to this will mean more Naira for your Turkish Lira.
The average TRY-NGN mid-market rate for the last three months has been 47.6199 NGN per Turkish Lira. This includes a high of 50.147, and low of 45.1273.
Out of the 6 companies compared, Wise offers the best exchange rates.
The exchange rate you receive on converting TRY to NGN should be the biggest determining cost factor when transferring Turkish Lira to Nigeria.
Fees: Transfer fees may have to be paid alongside the transfer, either as a set fee or a percentage of the transfer. Wise, with a fee average of 421.4 TRY per transfer over the last 6 months, offers the lowest fees overall. Although, you should search for your send amount for actual fees.
Amount Received: Money transfer companies will show you the amount of Naira eventually received in Nigeria.
A lower cost of sending from Turkey will result in more money received in Nigeria.
How to get the best exchange rate for Turkish Lira to Naira
Getting the best exchange rate essential for sending money between TRY and NGN. The exchange rate you secure impacts how much NGN you get for your TRY.
Here is how the currency has performed recently.
Over the past six months, the mid-market from TRY to NGN has been 47.6199.
During this period, the highest value was 50.147, while the lowest was 45.1273.
Wise, which is our recommended choice to send money online from Turkey to Nigeria offers an exchange rate that is only -2.22% above the mid-market rate.
Want to secure the best TRY-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 Turkey to Nigeria!
Funding your Turkey to Nigeria transfer
Bank transfers
The default option for sending money from Turkey to Nigeria is often a bank transfer.
Using a money transfer company such as Wise for transfers from Turkey to Nigeria, allows for sending via a bank transfer while benefitting from lower fees and more favorable exchange rates.
From the 6 we tested, the cheapest provider for bank transfers from TRY to Nigeria is Wise.
With an average fee of TRY410.83 to send money from Turkey to Nigeria, Wise offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money from Turkey to Nigeria with a prepaid or debit card is easy with Instarem.
Instarem is a leader in accepting card payments for transfers between Turkey and Nigeria.
Credit cards
Instarem is the best money transfer company of the 6 compared for credit card transfers from Turkey to Nigeria
Fee alert: using a credit card to transfer money can mean a fee being charged by your card issuer. 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 Turkey.
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 Turkey to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send TRY 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
