.svg)
Overall best way: Moneycorp
Moneycorp scored the highest of the 5 money transfer companies supporting NGN to GBP transfers.
In total, Moneycorp appeared in 92.5% of Nigeria to United Kingdom searches.
For a great mix of cost, speed & features, we advise using Moneycorp for your Nigeria to United Kingdom transfer.
How to compare companies offering money transfers from Nigeria to United Kingdom
- Always compare rates
Use our live comparison tool to make sure you aren't missing the best rates to send money from Nigeria to the United Kingdom. This ensures the best price.
- Choose a provider
Select the company that offers you the best value & options for sending to the United Kingdom.
- Click, sign up & send
Sign up & make your transfer. Your funds will soon be on their way from Nigeria to your chosen country & currency.
Summary of recent searches
Considerations for sending money from Nigeria to United Kingdom
Always compare ways to send money from Nigeria to the United Kingdom to get the best options for fees, speed, and reliability.
Our analysis included 5 providers that operate between Nigeria and United Kingdom.
Through this, you get a comprehensive view of all the options you have in Nigeria when you need to send money to the United Kingdom.
Cheapest way to send money from Nigeria to United Kingdom: Moneycorp
Our data shows, over the past six months, that Moneycorp is 0% than the second-best option when sending via a bank transfer.
This measure includes an average fee of 0* NGN and a NGN-GBP exchange rate for international transfers that is 1.9% different to the mid-market rate.
Securing the best rates on a NGN to United Kingdom transfer can be done with Moneycorp but you can always search for your specific amount.
*The most common fee applied by Moneycorp when sending NGN-GBP, based on data from the past six months.
Fastest way to transfer money to United Kingdom from Nigeria: Moneycorp.
Through our data, we found Moneycorp to be the fastest option for sending money from Nigeria into Pound Sterling in 92.5% of occasions. For fast NGN to GBP money transfers, Moneycorp comes highly recommended.
Nigeria to the United Kingdom transfers with Moneycorp have an average fee of 0 NGN.
To test that Moneycorp was the 'fastest' option we compared 5 providers. With this, we compared overall speed of sending money from Nigeria to the United Kingdom made up of depositing Nairas, to a money transfer account and transfer times to the United Kingdom.
When sending at speed is a priority, Moneycorp is our recommended choice for sending into United Kingdom from Nigeria.
Transferring large sums of money
Of the 5 money transfer companies tested, Moneycorp is the strongest option for large transfers from Nigeria to the United Kingdom.
Reasons for sending large sums of money vary and include business or property purchases. But whatever the reason, sending large amounts of money from Nigeria to the United Kingdom can become expensive through your bank or with the wrong provider.
Moneycorp is our choice for sending large sums of money to NGN because they offer a strong all-round product.
Understanding the costs involved when transferring money to United Kingdom from Nigeria
When calculating the cost of sending money from Nigeria to the United Kingdom, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current NGN-GBP mid-market rate is 0.0005 GBP per Naira. Finding a provider as close to this number as possible will ensure more Pound Sterling for your money.
As a comparison, the NGN-GBP mid-market rate for the past three months has averaged 0.0005 GBP per Naira, hitting a high of 0.0005 and a low of 0.0004.
Moneycorp is currently offering the best exchange rate on transfers between Nigeria and the United Kingdom.
Often the NGN-GBP exchange rate you receive will be the biggest factor impacting the cost of sending Naira to the United Kingdom.
Fees: Transfer fees are charged on top of a transfer. Moneycorp currently offers lowest fees, at an average of 0 NGN 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 Pound Sterling is the biggest indicator in the total cost of sending money to Nigeria from the United Kingdom. The higher the total amount received in the United Kingdom, the lower the cost of sending from Nigeria.
How to find the best exchange rate for Naira to Pound Sterling
Timing is essential for sending money between NGN and GBP. The exchange rate you secure impacts how much GBP you get for your NGN.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from NGN to GBP has seen some fluctuation. On average, it stood at 0.0005.
During this period, the highest value recorded was 0.0005, while the lowest was 0.0004.
Moneycorp, which is our recommended service to send money online from Nigeria to United Kingdom offers an exchange rate that is only 1.9% above the mid-market rate.
Want to secure the best NGN-Pound Sterling exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Nigeria to United Kingdom!
Payment options for transfers from Nigeria to United Kingdom
Bank transfers
Bank transfers are often the fastest and cheapest way to send money from Nigeria to the United Kingdom.
Using a money transfer company such as Moneycorp for payments from Nigeria to the United Kingdom, means you can send via a bank transfer and benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
Moneycorp is the best money transfer provider for bank transfers of the 5 we compared when sending NGN to the United Kingdom.With an average fee of 0 NGN to transfer money from Nigeria to the United Kingdom, Moneycorp offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money with a debit card from Nigeria to the United Kingdom is easy with Wise.
Wise is a leader in debit card money transfers from Nigeria to the United Kingdom. They are the best option of the 5 transfer companies compared.
Credit cards
When it comes to credit card transfers from Nigeria to the United Kingdom, Instarem is the top choice of the 5 companies offering this service.
Fee alert: using a credit card to transfer money internationally 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 United Kingdom and Nigeria.
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 Nigeria to United Kingdom.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send NGN to GBP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
