How to Send Money From Nigeria to Another Country via MoneyGram,PayPal & Western Union

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Here’s How to send money from Nigeria to another country: Transferring or sending money from Nigeria to any other another country has now been made very easy especially with the New CBN revised guidelines for International Money Transfer Services which now allow commercial banks in Nigerian to initiate Outbound Money Transfer services to ease the stress of sending money from Nigeria to person(s) outside the shores of nigeria.
Do you Intend to transfer funds from Nigeria to another country? continue reading as we will share with you How to send money from Nigeria to another country, we will mainly be focusing on

How to send money from Nigeria to UK
• How to send money from Nigeria to United State
• How to Transfer money from Nigeria to India
• How to transfer money from Nigeria to Pakistan
• How to send money from Nigeria to Kenya
• How to send money from Nigeria to Ghana
• How to send money from Nigeria to South Africa
• How to transfer money from Nigeria to Philippines
• How to send money from Nigeria to Malaysia
• How to send money from Nigeria to Canada
How to send money from Nigeria to Europe
• How to send money from Nigeria to China
• How to transfer money from Nigeria to Dubai
• How to Transfer money from Nigeria to Germany
• How to send money from Nigeria to Indonesia
• How to send money from Nigeria to Jamaica
• How to send money from Nigeria to Libya
• How to transfer money from Nigeria to London
• How to send money from Nigeria to UAE
• How to send money from Nigeria to USA
• How to transfer money from Nigeria to bank account abroad

Receiving money that has been sent to Nigeria from other USA, CANADA or any other European country is far more easier than to send money from Nigeria to other country this because almost all commercial Nigeria banks are under the inbound money transfer services guideline as provided by Central Bank of Nigeria.
Under this Inbound money transfer policy, a person living outside Nigeria can send money to an individual in Nigeria but the reverse is not the case for those living in Nigeria

Trust me this Outbound money transfer regulation by CBN came up as a result of the negative perception about Nigeria being a country for money laundering and others fraudulent activities and this has badly affected importers has have not resorted to buying hard currency from Bearue De change operators. also Nigerians who wish to send money to their family members, relatives, friends, make payment for conference registration and those who are into the business of importation of goods and service from other countries continue to find it difficult.

In one of my earlier publication, you was how to Generate Remita reference Code| Receive And Make Payment Online on www.remita.net. , in this article, you will learn how to send money from Nigeria to any other Country in the world,United Kingdom, United State, Libya, Cameroun, Ghana, South Africa, Uganda, USA, Canada, Europe, Kenya, Philippines, UAE, Malaysia, Germany, Dubai, Indonesia, Jamaica, China, Pakistan, India

How to send money from Nigeria to any country in the world

The Only CBN licensed operators able to send money from nigeria Central Bank of Nigeria (CBN) are MoneyGram International and Western Union Money Transfer Services Operators (IMTOs) In this publication, i have listed two additional options via which you can use to send money from Nigeria to other country making it totally easy to transfer money from here

Send money from Nigeria  through Western Union Money Transfer

There are 5,000 Western Union outlets in Nigeria, 22 licensed banks and 905 micro-finance banks. Among these banks, about 70% of them already serve as agents to Western Union although they are a licensed operator their agent service relationship is limited, the last time i tried sending money through western union money transfer services to other country It actually didn’t work
FIRST BANK OF NIGERIA PLC is the only Outbound Money Transfer licensed bank. To send money from Nigeria to another country through Firstbank’s western union money transfer service, you have to provide the following at the point of transfer.
• Your receiver’s location and bank details
• Identification
• Cash

Option 2. Domiciliary account

How to send money from Nigeria to another country through domiciliary account

If you thinking of the easiest way to send money, your domiciliary account fund transfer still remain one of  the best option.To be able to send money from Nigeria to another country through a domiciliary account, you need to have or open a domiciliary account. If you want open a domiciliary in Nigeria, you can open a domiciliary account with Gtbank, Firstbank, Zenith bank, diamond bank or UBA follow the link to learn about domiciliary account

A domiciliary account is a special foreign currency account that allows bank costumer save money in US Dollars, Pounds Sterling or Euro with you been able to withraw the hard cash or exchange the  money at the prevailing exchange rate. A Dom account helps in facilitating your international business transactions and is funded through travellers cheques, lodgement of foreign currency cheques, cash inflows and cash deposits. Domiciliary account can be good and effective when big amount of money is to be send from Nigeria to another country.

How to send money from Nigeria to another country using GTbank domiciliary account

To send money from Nigeria to UK , United State, Cameroun, Ghana, South Africa, Uganda, USA, Canada, Europe, Kenya, Philippines, UAE, Malaysia, Germany, Dubai, Indonesia, Jamaica, China, India, Egypt, Pakistan or any country in the world through GTbank domiciliary account;

• Visit any GTbank branch nearest to you.
• Locate their customer service Reps and request that you want to transfer from your domiciliary account to another account abroad. You will be directed to the right person in charge.
• A money transfer form will be given to fill recipient’s account name, account number, name of the bank and branch name, SWIFT CODE, Routing Number, amount to be transferred and your own bank details. Fill the form and wherever you are confused, don’t hesitate to ask question.

As I said before, “if the money you will transfer abroad is more than what you have in your domiciliary account, you have to pay in extra money into your domiciliary account. Meanwhile, GTbank are NOT into currency conversion, therefore you have to convert the money (the naira form) you will pay into your domiciliary account to its equivalent international accepted standard currency. You can do this at Firstbank, black market or any other financial institutions that are into money exchange”.

• Submit the form and you’re done. Within 48-72hours, you receive an SMS that the money have been deducted from your DOM account and transferred to the overseas account

How to send money from Nigeria to another country through PayPal money transfer.
Paypal is one of the top online money processor in the world which allows business owners and individuals to make and receive international payments cheaply and easily. platforms like Amazon, eBay, and other top e-Commerce websites has adopted Paypal as their prefered payment processor and this has allowed paypal to grow that it now boasts of more than 100 million paypal users worldwide”.

If you want to transfer money from Nigeria to another country through PayPal, you need have a verified PayPal account. Currently, only Firstbank of Nigeria provides PayPal account services to its costumers.
One you have successfully opened and verified your paypal account with FirstBank plc, you can easily login into your Firstbank PayPal account through FirstOnline (first bank internet banking platform) and make your money transfer to any country

How to send money from Nigeria to another country through MoneyGram International

Banks like Ecobank, UBA, First Bank, Access Bank, Sterling Bank, Fidelity Bank, Skye Bank, Keystone Bank, Enterprise Bank, Mainstreet Bank, Diamond Bank and Wema Bank are some of the banks which allows you to send money from Nigeria to another country through MoneyGram International.

With more 300,000 outlets in over 200 country locations,MoneyGram give you a grate opportunity to send money from Nigeria. partnering with UBA with over 700 business offices in 19 African countries and offices in New York, London MoneyGram still remain the best answer to the questions of How to send money from Nigeria to another country cheaply

So that basically the Four cheap methods of sending money from Nigeria to USA, UK and an other country through MoneyGram, Paypal, Western Union and Domiciliary account transfer. can use the comment box below to ask your questions and comments

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