How To Send Money To Nigeria From Australia In 2024

How to Send Money to Nigeria from Australia In 2024

Here are procedures to follow on how to send money to Nigeria from Australia in 2024:

Bank Transfers

One of the most common ways to send money from Australia to Nigeria is through a bank transfer. Here’s how you can do it:

Choose a Reputable Bank: Start by selecting a trusted Australian bank that offers international money transfer services to Nigeria.

For example, you can use the popular WorldRemit to transfer money to your friends and or families in Nigeria.

Gather the Recipient’s Details: Collect the recipient’s full name, bank account number, and the name and location of their bank in Nigeria.

Make sure the information is accurate to avoid any delays or complications.

Process the Transfer: Open the app or if you’re using a local bank in Australia, you need to visit your bank’s branch or use their online banking platform to carry out the transfer.

Follow the instructions provided, enter the recipient’s details, and specify the amount you wish to send.

Pay the Transfer Fee: Banks usually charge a transfer fee, so ensure you have enough funds in your account to cover this cost.

Track the Transfer: Once the transfer is initiated, you’ll receive a reference number or transaction ID.

Keep this information safe and track the transfer’s progress through your bank’s online portal or by contacting their customer service.

Use Online Money Transfer Providers

Another popular option for sending money to Nigeria is using specialized money transfer providers e.g WorldRemit, TransferGo etc.

These services often offer competitive exchange rates and lower fees compared to traditional banks.

Here’s how to use a money transfer provider:

Research and Choose a Provider: Look for reputable money transfer providers that offer services from Australia to Nigeria.

Compare their exchange rates, fees, and customer reviews to make an informed decision.

Register an Account: Whichever you choose, you need to sign up with the chosen provider by providing your personal information and creating an account.

Enter Recipient’s Details: Enter the recipient’s bank account information, including their full name, bank account number, and the bank’s location in Nigeria.

Read: How To Unfreeze Transunion Account In 2024 (5 Simple Steps)

Specify the Transfer Amount: Enter the amount you wish to send, and the provider will display the converted amount in Nigerian Naira (NGN).

Confirm and Pay: Review the details, including fees and exchange rates, and proceed to pay for the transfer using your preferred payment method, such as a debit card or bank transfer.

Track the Transfer: After completing the transaction, you’ll receive a reference number or transaction ID.

Keep this information safe and use it to track the transfer status through the provider’s website or customer support.

FAQs On How To Send Money To Nigeria From Australia In 2024

Here are some helpful frequently asked questions on how to send money to Nigeria from Australia in 2024 with their respective answers:

How can someone send me money from Australia?

There are several methods for someone in Australia to send you money.

They can use bank transfers through their bank or a money transfer provider, such as Western Union, WorldRemit or MoneyGram.

They can also use mobile money transfer services or online payment platforms like PayPal or TransferWise.

Can I use OPay to receive money from abroad?

OPay primarily focuses on domestic transactions within Nigeria and does not support international money transfers.

It is best to explore other options such as bank transfers or money transfer providers to receive money from abroad.

What is the best way to send money to Nigeria from abroad?

The best way to send money to Nigeria from abroad depends on your specific needs and preferences.

Some popular and reliable methods include bank transfers, using money transfer providers like Western Union or MoneyGram, or use online platforms such as PayPal or TransferWise.

Each method has its own advantages, so it’s essential to compare exchange rates, fees, and transaction speed to determine the most suitable option for you.

How to send money from Australia to Nigeria through WorldRemit?

To send money from Australia to Nigeria through WorldRemit, follow these steps:

Visit the WorldRemit website or download their mobile app.
Create an account and provide the necessary information, including your personal details and contact information.
Select Nigeria as the receiving country and choose the payout option, such as bank transfer or cash pickup.
Enter the recipient’s details, including their full name, bank account information, or pickup location.
5Specify the amount you wish to send and review the exchange rate and fees.
Choose your preferred payment method and complete the transaction by following the instructions provided.
You will receive a confirmation of the transfer, and the money will be sent to the recipient according to the selected payout option.