To send money to Nigeria, the overall accessibility is better today than ever before because of the availability of multiple online platforms right from banks and International Money Transfer Operators (IMTOs) to bidding sites. However, all such options have their individual drawback. While banks and bidding sites take almost a week to process the transaction and charge high transaction.
Compare international money transfers. You could transfer money worldwide for less using a service that charges lower fees. Compare these companies to find the best deal whether you want to send money today or on a regular basis. Ad. Transfer Money with Xe. When you make an international money transfer with Xe, you can trust your money will travel quickly, securely, and fee free. Get Started.
PayPal is how plenty of people interact with the internet when it comes to managing invoices, or paying for items with a debit card. While you can load money into your account and leave it there, it's easier to link your account to your bank account so that money can be transferred to where you need it.
Processing time may vary depending on the payment option. Deposits via most electronic payment systems are added instantly, bank wire transfers may take 1-3 business days. If a payment was not added to your account on time, please, fill in a Notice about payment in My FXOpen personal area. Our back-office staff will check it and add the payment.
Apps like PayPal’s Xoom (an Accredited Partner) or MoneyGram can be used to instantly transfer money internationally. MoneyGram also has 350,000 locations in more than 200 countries if you need.
The cost of international money transfers varies from broker to broker. MoneySuperMarket has teamed up with FXcompared.com to show you money transfer quotes from currency brokers. This will help you compare transfer costs quickly and easily, so you can make the most of your money. If you want to send money as an individual, simply select the country you want to send the money from, the country.
A wire transfer describes any electronic transfer of money. Usually, if someone asks for a “bank wire,” they want a traditional, domestic bank-to-bank transfer. A traditional money wire goes from one bank to another using a network such as the Society for Worldwide Interbank Financial Telecommunication (SWIFT) or Fedwire.
Transferwise is a new type of financial company launched in 2011 by two Estonian friends who realised that they were paying too much for international money transfers. Since then, they have revolutionised the way in which people transfer money across borders and have been backed by investors who believed in their idea, such as Paypal co-founder Peter Thiel and Virgin’s founder Richard Branson.