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Companies for transfers from United Kingdom 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."
"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."
"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."
"Sendwave is trusted by over 1 million users across the US, UK, Canada and EU. 24/7 support is available online and via the app."
"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."
"Moneygram is a well established service with over 80 years in the sector. They support over 200 countries worldwide and have over 440,000 retail locations."
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 17 transfer providers, and Wise scored highly.
In the last six months, Wise appeared in 70.9% of United Kingdom to Nigeria searches, and was the top rated company supporting payments the United Kingdom into Naira.
So for a great mix of cost, speed & features, make your United Kingdom to Nigeria transfer using Wise.
How to compare companies offering money transfers from United Kingdom to Nigeria
- Always compare rates
Use our live comparison tool to make sure you aren't missing the best rates to send money from the United Kingdom to Nigeria. This ensures the best price.
- Choose a provider
Select the company that offers you the best value & options for sending to Nigeria.
- Click, sign up & send
Sign up & make your transfer. Your funds will soon be on their way from the United Kingdom to your chosen country & currency.
Summary of recent searches
Considerations ahead of sending money from United Kingdom to Nigeria
A comparison of providers offering services between the United Kingdom and Nigeria, based on your specific transfer amount is the best way to send money with the confidence you’re getting the best price.
We’ve compared 17 providers that provide services for sending Pound Sterling to Nigeria. This ensures you will get the best options for your transfer to Nigeria from the United Kingdom.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from the United Kingdom to Nigeria.
Cheapest way to send money to Nigeria from the United Kingdom: TalkRemit
Data collected through our comparison over the past six months shows that TalkRemit is 2.3% cheaper than the second-best option.
The cost is made up of an average fee of 0* GBP and an exchange rate for buying Naira with Pound Sterling that is -4.56% different to the mid-market rate.
If you want to secure the best rates on a United Kingdom to Nigeria transfer, TalkRemit offers value. We would still recommend searching for the amount you want to send to Nigeria.
*The most common fee applied to GBP-NGN by TalkRemit, based on data from the past six months.
Fastest money transfers from United Kingdom to Nigeria: Wise.
Through our comparison, we found Wise to be the fastest option to transfer money from the United Kingdom to Naira in 67.2% of instances.
Over the last six months, sending money from the United Kingdom to Nigeria through Wise have an average fee of 6.68 GBP.
Wise was one of 17 money transfer providers we compared for overall speed of sending money from the United Kingdom to Nigeria. This speed test included depositing Pound Sterlings 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 United Kingdom to Nigeria.
Need to send over £10,000 from the UK? TorFX is your best option
Opt for a service proven with large transfers when size matters. For transfers over £10,000, your best option is TorFX.
While TorFX may not always be the cheapest or fastest way to send GBP to Nigeria, they will keep you safe and relaxed while your money moves into NGN.
Understanding the costs involved when transferring money to Nigeria from United Kingdom
When calculating the cost of sending money from the United Kingdom to Nigeria, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current GBP-NGN mid-market rate is 1,909.1936 NGN per Pound Sterling. Finding a provider as close to this number as possible will ensure more Naira for your money.
As a comparison, the GBP-NGN mid-market rate for the past three months has averaged 2,090.4221 NGN per Pound Sterling, hitting a high of 2,239.3013 and a low of 1,863.8707.
TalkRemit is currently offering the best exchange rate on transfers between the United Kingdom and Nigeria.
Often the GBP-NGN exchange rate you receive will be the biggest factor impacting the cost of sending Pound Sterling to Nigeria.
Fees: Transfer fees are charged on top of a transfer. TalkRemit currently offers lowest fees, at an average of 0 GBP over the last 6 months. 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 the United Kingdom from Nigeria. The higher the total amount received in Nigeria, the lower the cost of sending from the United Kingdom.
Tracking the exchange rate for Pound Sterling to Naira
Getting a better exchange rate between GBP and NGN can make a huge difference to the overall cost of sending money.
Over the last six months, between the United Kingdom and Nigeria, the average numbers are:
GBP to NGN saw an average 2,090.4221 NGN mid-market rate.
The highest point was 2,239.3013 NGN, while the lowest was 1,863.8707 NGN.
17 providers are currently offering transfers between the United Kingdom and Nigeria.
Want to secure the best GBP-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 United Kingdom to Nigeria!
Funding your United Kingdom to Nigeria transfer
Bank transfers
The default option for sending money from the United Kingdom to Nigeria is often a bank transfer.
Using a money transfer company such as TalkRemit for transfers from the United Kingdom to Nigeria, allows for sending via a bank transfer while benefitting from lower fees and more favorable exchange rates.
From the 17 we tested, the cheapest provider for bank transfers from GBP to Nigeria is TalkRemit.
With an average fee of GBP0 to send money from the United Kingdom to Nigeria, TalkRemit offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money from the United Kingdom to Nigeria with a prepaid or debit card is easy with Wise.
Wise is a leader in accepting card payments for transfers between the United Kingdom and Nigeria.
Credit cards
is the best money transfer company of the 17 compared for credit card transfers from the United Kingdom 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 United Kingdom.
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 United Kingdom to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GBP 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
