Best Way to Send Money From the UK to Nigeria (2026)
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Countries Covered
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Saved in Fees & FX
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Best Way to Send Money From the UK to Nigeria
Jan 17, 2026Affiliate links featured on this page may help us earn a commission. It's important to note that this does not influence the opinions and recommendations provided by our editors.
Sending money from the UK to Nigeria is one of those things that sounds simple, until you realise how many ways there are to get quietly robbed by fees.
Whether you’re supporting family abroad, paying rent, covering tuition fees, sending a salary to yourself overseas, or paying an international supplier, choosing the best way to transfer money from the UK to Nigeria can make a massive difference to how much actually arrives in NGN.
Here’s the problem: most UK high-street banks still charge you in two ways, an upfront transfer fee and a sneaky exchange rate markup hidden inside the GBP to NGN conversion. That “small difference” in rate often costs more than the visible fee (classic UK banking behaviour, polite on the outside, expensive on the inside).
That’s why more people now use specialist money transfer services instead. They’re usually cheaper, faster, and far more transparent, letting you compare the real cost of sending GBP to NGN before you hit confirm.
In this guide, we’ll break down the cheapest and safest ways to send money from the UK to Nigeria, how long transfers typically take, what fees to watch for, and which providers are usually best depending on whether you care most about cost, speed, or trust.
Money Transfer from the UK to Nigeria – Quick Overview
đź’± Currency pair
GBP → NGN
đź’¸ Most transferred amount
ÂŁ1,000 (common for family support, bills, and regular transfers)
🏆 Cheapest provider
Wise, Atlantic Money
About the Author
Mohammad Humaid
Verified Author
Mo is the founder of MoneyTransferStore. As an expat who has experienced the challenges of sending money across borders himself, he set out to help others like him avoid hidden fees and unfair exchange rates on international transfers. With a background spanning fintech, payments, and Web3, Mo brings years of practical experience to building a platform focused on transparency and trust.
Atlantic Money (fixed-fee structure can beat % based pricing)
⚡ Fastest providers
Remitly and Xe
đź•’ Typical transfer time
Minutes to 1 business day
đź’ł Pay-in options (UK sender)
Bank transfer, Debit card, Credit card, Direct bank payment
đź’µ Pay-out options (recipient in Nigeria)
Bank deposit, Cash pickup, Mobile wallet, Card payout
đź’° Typical fees (range)
~0.5% to 3% (depends on provider + payment method + transfer size)
đź“Š Typical limits
ÂŁ1 to ÂŁ1,000,000+
How To Transfer Money from the UK to Nigeria?
When sending money from the UK to Nigeria, you typically have three main options. The right choice depends on how fast you need the transfer, how much you’re sending in GBP, and whether the recipient wants the money in a bank account or cash in Nigeria.
Specialist Money Transfer Providers (Best Option) The best way to transfer money from the UK to Nigeria is usually through online money transfer services like Wise, Remitly, XE, or WorldRemit. They typically offer better GBP → NGN exchange rates, lower fees, faster delivery, and clear tracking.
UK Banks (Not Recommended) High-street banks in the UK often charge higher international transfer fees and apply a hidden exchange rate markup, making them one of the most expensive ways to send money from the UK to Nigeria. Transfers can also be slower, especially for international SWIFT payments.
Cash Pickup Services (Good for Emergencies) If the recipient needs money urgently or doesn’t have a bank account, cash pickup can be a practical option in Nigeria. Services like Remitly or Western Union may deliver quickly, but fees can be higher and the exchange rate may be less competitive than bank-to-bank transfers.
Best Way to Send Money to Nigeria from the UK
Specialist money transfer providers are usually the best way to send money to Nigeria from the UK because they’re built specifically for international payments not general day-to-day banking. Unlike high-street banks, these services focus entirely on moving money across borders efficiently, which means they’re often able to offer lower fees, faster delivery times, and a much clearer breakdown of the true cost of the transfer.
For UK senders, the biggest advantage is usually the exchange rate. When you send GBP to NGN, many specialist providers show you the rate upfront and make it easy to see exactly how much the recipient will receive in Nigeria. High-street banks, on the other hand, often add hidden markups into the exchange rate, so even if the transfer fee looks “reasonable”, the overall cost can quietly be higher than expected.
This difference becomes even more obvious if you’re making regular payments or sending larger amounts. If you’re comparing the best way to transfer money from the UK to Nigeria, specialist providers usually win on price, speed, and transparency — which is exactly why they’re the go-to option for anyone searching how to send money to Nigeria from the UK without getting rinsed by bank fees and poor rates.
Wise is one of the most trusted options for people who want to send money to Nigeria from the UK with minimal surprises. It’s widely known for using the mid‑market exchange rate (the same benchmark you’ll see on Google) and showing the full cost upfront, which is exactly what you want when comparing the best way to transfer money from the UK to Nigeria.
If you’re specifically trying to transfer money from the UK to Nigeria without losing value through hidden FX markups, Wise is usually one of the strongest choices. It’s designed for people who care about getting a fair GBP to NGN rate, not just a transfer that “goes through eventually”.
One of the biggest reasons Wise ranks so highly for a money transfer from the UK to Nigeria is that the pricing is predictable. You’ll see the exact fee, the exact exchange rate, and the exact amount your recipient receives in NGN before you confirm.
In addition to being cost-effective, Wise is also one of the faster options available for many corridors. The average time to transfer money from the UK to Nigeria is often around 1 to 2 business days (and sometimes quicker depending on the payout method). The speed, combined with real-time tracking inside the Wise app, which makes Wise a reliable choice if you need to send money to Nigeria from the UK without delays.
Wise is ideal if your goal is a clean, direct bank transfer, especially if you’re wondering how to send money to Nigeria from the UK without paying bank-level fees. For most everyday users, Wise is often the best way to send money from the UK to Nigeria when you want a fast, fair, and transparent transfer.
Key features
Mid-market GBP to NGN exchange rate (no hidden markup)
Clear fee breakdown before you pay
Fast delivery on many corridors (often same day / next working day)
Strong UK trust profile and global reputation
Easy app experience (great for repeat sending)
Wise is usually best for bank transfers, but if you’re paying by card, fees may be higher. For cash pickup, Wise is typically not the right tool. If you want the best way to transfer money from the UK to Nigeria with maximum transparency, Wise is a top-tier option.
XE is a long‑standing global currency brand, and it’s a popular choice for people looking for a reliable money transfer from the UK to Nigeria. If you’ve ever typed “how to send money to Nigeria from the UK” into Google and wanted a provider that feels established (not some random app you’ve never heard of), XE is often on that shortlist.
For UK senders, XE is especially appealing because it keeps things simple: you choose your amount in GBP, XE converts it into NGN, and the recipient gets paid out via bank deposit. That makes it a practical option if your main goal is to transfer money from the UK to Nigeria without needing extras like cash pickup or complex delivery methods.
One of the reasons XE remains competitive in the UK market is its exchange rate performance on many corridors. While pricing can vary depending on the destination, transfer size, and how you fund the payment, XE is frequently a strong contender when comparing the best way to transfer money from the UK to Nigeria, especially if you’re focused on getting a decent rate when you transfer GBP to NGN.
XE can also be a smart choice for people sending larger amounts, where even a small difference in the GBP to NGN exchange rate can have a noticeable impact on what the recipient receives in Nigeria. In other words: if you’re trying to find the cheapest way to send money to Nigeria from the UK, it’s worth checking XE alongside Wise and CurrencyFair.
Finally, XE is generally straightforward for bank payouts, which makes it a good fit if you’re specifically looking for how to transfer money from the UK to a bank account in Nigeria. You won’t get fancy features, but you will get a clean transfer flow and a recognisable global brand and for many people, that’s exactly the point.
Key features
Competitive exchange rates on GBP to NGN
Easy online setup and transfer process
Often strong performance for higher transfer amounts
Works well for bank deposit payouts
XE’s pricing can vary by corridor, and like most providers, your total cost depends on the exchange rate margin and the fee structure. Xe is a strong all‑rounder if you want a reliable way to send money to Nigeria from the UK with competitive rates.\
Remitly is built for speed, and it’s often one of the best choices when you need flexibility — especially if the recipient in Nigeria prefers cash pickup or rapid delivery.
For many people sending money to Nigeria from the UK, Remitly is the go-to option when the transfer is urgent. Think last‑minute support for family, emergency expenses, or situations where the recipient needs access to cash quickly.
Where Remitly really stands out is delivery choice. Unlike providers that only support bank deposits, Remitly gives you multiple ways to complete a money transfer from the UK to Nigeria — including bank deposit, cash pickup, and sometimes other local payout methods depending on the destination.
On many corridors, Remitly can deliver extremely quickly — sometimes within minutes — particularly when you choose an express option and fund the transfer by debit or credit card. That makes it one of the strongest options if you’re comparing the fastest way to send money from the UK to Nigeria.
Remitly is also a solid choice if your main question is how to send money to Nigeria from the UK without making the recipient jump through hoops. In countries where not everyone has easy access to a bank account, the ability to receive money via cash pickup can be the difference between “sorted today” and “stuck waiting all week”.
From a cost perspective, Remitly can still be competitive — but the total price depends heavily on the delivery speed you choose and how you pay. If you’re trying to find the cheapest way to send money to Nigeria from the UK, it’s worth comparing Remitly’s exchange rate on GBP to NGN against Wise or XE, especially for larger transfers.
That said, Remitly is often the best provider when the priority is speed and payout flexibility, not squeezing every last penny out of the exchange rate.
Key features
Fast transfers (including express options on many routes)
Cash pickup availability in many countries
Bank deposit payouts for standard transfers
Simple app experience designed for repeat sending
Good option when you need to transfer money from the UK to Nigeria urgently
Express transfers can be more expensive, and the exchange rate may include a margin. Always compare the total cost before confirming, especially when you transfer GBP to NGN. If speed and payout flexibility matter most, Remitly is often one of the best options for a money transfer from the UK to Nigeria, particularly when cash pickup is important.
CurrencyFair (Best for larger transfers + strong value)
CurrencyFair is a popular option for people making larger international transfers, particularly when you want better value than traditional banks. If you’re planning to send money to Nigeria from the UK and the amount is on the bigger side, CurrencyFair can be one of the smartest providers to compare.
The big reason CurrencyFair is worth considering is simple: when you’re transferring larger amounts, even a small difference in the exchange rate can add up fast. So if you’re comparing the cheapest way to send money to Nigeria from the UK, CurrencyFair often competes well, especially against UK banks that quietly add a chunky margin when converting GBP to NGN.
CurrencyFair is commonly used for higher-value transfers like moving savings, paying overseas invoices, funding education costs, or covering major expenses abroad. In those cases, the priority isn’t usually cash pickup or instant delivery, it’s getting the best possible value when you transfer GBP to NGN.
For UK senders, CurrencyFair can be a strong fit if your main goal is a straightforward bank deposit and you’re asking questions like how to transfer money from the UK to a bank account in Nigeria while keeping costs low.
It’s also a good “comparison provider” to keep in your shortlist alongside Wise and XE, because it gives you another benchmark for what a fair money transfer from the UK to Nigeria should look like.
In short: if you’re sending £5,000, £10,000, or more, CurrencyFair can often feel like the grown-up option, less about flashy features, more about getting strong value and avoiding unnecessary FX losses when converting GBP to NGN.
Key features
Competitive rates for GBP to NGN conversions
Strong value for medium to large transfers
Transparent fee structure compared to banks
CurrencyFair may not be the fastest option for every corridor, and it’s not designed around cash pickup. CurrencyFair is great for cost‑focused users sending larger amounts from the UK to Nigeria.
Western Union (Best for global reach + cash pickup)
Western Union is one of the most well-known names in international transfers, and it remains a strong option when cash pickup is the priority. If you’re looking to send money to Nigeria from the UK and your recipient needs to collect it in person, Western Union is often one of the simplest ways to make that happen.
This is exactly where Western Union shines: reach. It has one of the largest payout networks globally, which makes it practical in countries where bank access is limited or where cash is still the preferred way to receive money. So if you’re comparing a money transfer from the UK to Nigeria and the recipient doesn’t have a bank account (or just doesn’t want to use one), Western Union can be a very realistic option.
Western Union can also be useful for urgent situations. In many corridors, cash pickup transfers can be available quickly, meaning it’s sometimes one of the fastest ways to transfer money from the UK to Nigeria when the recipient needs funds immediately.
That said, Western Union isn’t usually the best provider if your main goal is cost. If you’re hunting for the cheapest way to send money to Nigeria from the UK, you’ll often find that providers like Wise, XE, or CurrencyFair offer better overall value when you’re doing a bank deposit and converting GBP to NGN.
Western Union is best thought of as the “get it done anywhere” option, not always the cheapest, but extremely useful when cash pickup and availability matter more than squeezing out the best possible exchange rate.
Key features
Massive cash pickup network in many countries
Multiple ways to pay from the UK (online, app, agent locations)
Useful for emergency transfers
Strong option when the recipient can’t receive a bank transfer
Western Union can be more expensive than digital-first providers, especially when exchange rate margins and service fees stack up. Always compare the real rate you’re getting when you transfer GBP to NGN because that’s where the hidden cost often lives.Â
Western Union is best when cash pickup reach is the priority, but it’s not always the cheapest way to transfer money from the UK to Nigeria.
What’s the best way to transfer money from the UK to Nigeria?
If you’re trying to send money to Nigeria from the UK, the “best” option really depends on what you care about most: cost, speed, or payout flexibility. The good news is you don’t need to guess, you can usually find the best deal in a couple of minutes just by comparing the total cost.
For most people, Wise is the best all-round choice. It’s consistently strong for a money transfer from the UK to Nigeria because it combines a fair GBP to NGN rate, transparent fees, and smooth bank transfers. If your goal is simply to transfer money from the UK to a bank account in Nigeria without hidden FX markups, Wise is hard to beat.
If speed is the priority or your recipient needs cash pickup, then Remitly and Western Union are often better suited. They’re designed for urgent transfers and in many corridors can deliver quickly, making them a strong option when you need to send money to Nigeria from the UK fast.
And if you’re moving a larger amount, don’t skip the comparison step. For bigger transfers, providers like CurrencyFair and XE can offer strong value, especially when small differences in the exchange rate make a noticeable impact on how much NGN your recipient receives.
Before you confirm any transfer, compare the total cost, the fee plus the real exchange rate you’re getting when you transfer GBP to NGN. Because in international transfers, the “cheapest-looking” option is often just the one hiding the cost better.
High Street UK Banks (Not Recommended)
When people search how to send money to Nigeria from the UK, a lot of them instinctively think: “I’ll just do it through my bank.” It feels familiar, it feels official, and it feels like the “safe” option.
But if your goal is to get the best value when you send money to Nigeria from the UK, high-street banks are usually not the best choice. In fact, they’re often the most expensive route for a money transfer from the UK to Nigeria.
The reason is painfully simple: UK banks tend to make international transfers expensive in two ways:
Visible fees (the charges you can see upfront)
Hidden FX costs (the exchange rate markup you only notice after the fact)
So while a bank transfer might look “fine” on the surface, it can quickly become a costly way to transfer money from the UK to Nigeria, especially once you factor in the real cost to transfer GBP to NGN.
1) High fees (and they’re not always obvious)
Most UK banks charge a flat fee for international transfers, and if you arrange the transfer in branch or over the phone, the fee is usually higher. That’s why, when people compare the cheapest way to send money to Nigeria from the UK, banks almost always lose to specialist providers.
For a typical money transfer from the UK to Nigeria, bank fees can range from £20 to £45 (and sometimes more). On paper, that might not sound outrageous, until you realise it’s only the first layer of cost.
The real issue is that bank fees are often hard to predict. Even when a bank advertises “low fees”, you can still get hit with extra charges depending on how the payment is routed.
Here are the most common hidden fee traps UK senders run into:
Intermediary bank charges – If your payment goes through SWIFT, it may pass through one or more intermediary banks. Each one can take a small fee, meaning the recipient in Nigeria gets less than expected.
Receiving bank fees – Some banks in Nigeria charge to receive international payments, which can reduce the final payout in NGN.
SHA / BEN / OUR fee splits – These determine who pays the fees (you, the recipient, or both). If it’s not set correctly, your recipient might get short-changed.
So even if you think you’re sending a clean amount, the recipient might not receive the full value once the transfer lands.
High-street banks are rarely the cheapest way to send money to Nigeria from the UK, because the total cost is often unpredictable and stacked with extra charges.
2) Poor exchange rates (the real cost)
Here’s the part most people miss: the exchange rate matters more than the transfer fee.
If you’re trying to send money to Nigeria from the UK, the real question isn’t just “what fee am I paying?” it’s how much NGN does my recipient actually receive?
Most high-street banks offer exchange rates that sit below the mid-market rate (the “real” GBP to NGN rate you’ll see on Google). That difference is effectively a hidden markup, and it’s one of the biggest reasons banks are not the best way to transfer money from the UK to Nigeria.
This markup is often described as a “spread” or “margin”, and it can easily sit around 1.5% to 3% (sometimes more, depending on the currency pair and market volatility). The frustrating part? Banks rarely show this as a clear fee, it’s baked into the rate.
Simple example: hidden markup explained
Let’s say you’re sending money abroad and your bank applies a 2.5% FX markup when you transfer GBP to NGN.
Send £1,000 → 2.5% hidden FX cost = £25 lost
Send £5,000 → 2.5% hidden FX cost = £125 lost
Send £10,000 → 2.5% hidden FX cost = £250 lost
And remember: that’s before you add any transfer fees, SWIFT charges, or intermediary bank deductions.
If you’re trying to find the cheapest way to send money to Nigeria from the UK, the exchange rate is usually the biggest deciding factor, not the transfer fee.
So UK Banks can charge a “reasonable” fee and still be expensive overall because the FX markup is baked into the rate and isn’t shown as a separate line item. That’s exactly why banks are rarely the best way to transfer money from the UK to Nigeria even if the transfer fee looks acceptable at checkout.
In short: with banks, the fee is what you see, but the exchange rate is what you pay.
Slow transfer speeds (especially SWIFT)
International transfers sent through banks are often routed via SWIFT, and while SWIFT is reliable, it’s not exactly built for speed. If you’re trying to send money to Nigeria from the UK quickly, this is where high-street banks can feel painfully outdated.
In many cases, a bank transfer from the UK can take 3 to 7 business days to arrive in Nigeria. That’s a long wait when you’re paying bills, supporting family, or handling something urgent.
And why do bank transfers take longer? The delay usually happens because:
Banks batch process payments instead of processing them instantly
SWIFT transfers can pass through multiple intermediary banks, each adding handling time
Compliance and AML checks can slow down processing (especially for larger amounts)
Weekends and bank holidays pause progress completely
If you’re comparing the best way to send money from the UK to Nigeria, speed isn’t just about convenience, it’s about control. This is why high-street banks are rarely the best option for sending money to Nigeria from the UK, especially when specialist money transfer services can deliver in hours (or even minutes) depending on the corridor.
Banks in the UK and the cost of international transfers
Here’s a simplified overview of what high-street banks often look like for a money transfer from the UK to Nigeria.
Bank
Typical Transfer Fee
Typical Transfer Time
Typical Exchange Rate Markup
HSBC
£5 – £17
3–5 business days
~2%–3% below mid-market
Barclays
£15 – £25
4–7 business days
~1.5%–2.5% below mid-market
Lloyds
£10 – £20
3–5 business days
~2%–4% below mid-market
NatWest
£15 – £30
3–7 business days
~2%–4% below mid-market
Santander UK
£15 – £35
3–7 business days
~2%–4% below mid-market
These are typical ranges and can change depending on the payment route, transfer size, and whether you send online or in branch.
If your goal is to find the best way to transfer money from the UK to Nigeria, high-street banks are never the right answer. In most cases, they’re simply more expensive than specialist money transfer providers, slower than modern transfer apps, and far less transparent about the real cost of converting GBP to NGN.
For most people, the smarter move is to compare specialist services that show the exchange rate and total fee upfront. Because when you transfer GBP to NGN, it’s the hidden FX markup, not the obvious fee, that quietly drains your money.
Cash Pickup in Nigeria from the UK
If you’re researching how to send money to Nigeria from the UK, cash pickup is one of the most practical options when your recipient needs money in hand. Instead of transferring funds to a bank account, the recipient can collect cash from a local partner location in Nigeria using a reference number and valid ID.
Cash pickup is especially useful if your recipient doesn’t have a bank account, has limited access to online banking, or simply prefers cash for day-to-day expenses. For many people sending money to Nigeria from the UK, this is the quickest way to get emergency funds delivered.
Cash pickup can be the best way to transfer money from the UK to Nigeria when speed and accessibility matter more than getting the absolute best exchange rate. Some providers can deliver cash within minutes, making it ideal for urgent support, last-minute bills, or unexpected expenses.
In many corridors, cash pickup is also easier for recipients because it removes the need for bank details. That means fewer failed transfers, fewer delays, and a smoother overall money transfer from the UK to Nigeria.
How cash pickup works?
Most cash pickup transfers follow the same process:
Choose a provider that supports cash pickup in Nigeria
Enter the recipient’s name exactly as it appears on their ID
Pay from the UK using bank transfer, debit card, or credit card
The provider converts GBP to NGN and sends the payout
The recipient collects cash using a reference code + ID
Cash pickup is fast, widely available, and perfect for recipients who want immediate access to funds. It’s often the most practical option for people sending money to Nigeria from the UK to family members who rely on cash.
However Cash pickup isn’t always the cheapest way to send money to Nigeria from the UK. Providers may charge higher fees, and the exchange rate can include a larger margin than bank deposit transfers. So if you’re trying to transfer GBP to NGN at the best possible rate, bank transfer payouts are often better value.
Best providers for cash pickup from the UK to Nigeria
The most common providers offering cash pickup for a money transfer from the UK to Nigeria include:
Remitly (strong for fast delivery + flexible payout options)
Western Union (huge global cash pickup network)
WorldRemit (popular for international cash pickup routes, where available)
Cash pickup can be the best way to send money from the UK to Nigeria when your recipient needs cash urgently or doesn’t have reliable bank access. But if your priority is getting the best value when you transfer GBP to NGN, a bank deposit transfer through a specialist provider is often cheaper.
If you’re unsure, compare both options, cash pickup vs bank transfer payout, and choose the one with the best combination of speed, fees, and exchange rate.
How to Choose the Best Way to Send Money from the UK to Nigeria
If you’re trying to figure out the best way to send money from the UK to Nigeria, the truth is: it depends on why you’re sending, how fast it needs to arrive, and how the recipient wants to receive it. For most readers, this guide is about sending money to Nigeria from the UK, so the real goal is simple, get the best value when converting GBP to NGN, without wasting money on hidden fees.
A lot of people still default to their high-street bank, but specialist providers are often a better option for a money transfer from the UK to Nigeria, especially if you want transparency on the real cost to transfer GBP to NGN.
Start with the total cost (not the headline fee)
When comparing the best way to transfer money from the UK to Nigeria, don’t get distracted by “£0 fee” marketing. The fee is only one part of the cost. The exchange rate you get when converting GBP to NGN usually matters more, because that’s what determines the final amount your recipient receives in Nigeria.
To choose the cheapest way to send money from the UK to Nigeria, you should always compare:
the transfer fee
the exchange rate offered for GBP to NGN
the final payout amount received in NGN
If you’re trying to find the best way to transfer GBP to NGN, the “winner” is usually the provider that gives the best final payout, not the one with the lowest-looking fee.
Choose the right payout method in Nigeria
The payout method changes everything. Some transfers are easiest by bank deposit, while others are better through cash pickup. If you’re specifically searching how to transfer money from the UK to a bank account in Nigeria, then a bank deposit payout is usually the best balance of cost and simplicity.
Cash pickup can be a better option when the recipient needs money quickly or doesn’t have reliable banking access in Nigeria. Cash pickup tends to make the most sense when:
the recipient doesn’t have a bank account in Nigeria
they need cash urgently
you want the fastest “access to money” option rather than the best exchange rate
Decide whether speed matters more than value
Some people are sending money to Nigeria from the UK as a routine transfer (monthly support, rent, tuition payments). In that case, the cheapest provider usually wins. But if it’s an emergency transfer, speed matters more than squeezing out the best possible rate when you transfer GBP to NGN.
A useful rule of thumb is:
specialist providers can deliver a money transfer from the UK to Nigeria in minutes to 1–2 business days
bank transfers can take 3–7 business days depending on the route and banking system in Nigeria
So if you need the best way to send money from the UK to Nigeria fast, you’ll usually want a provider built for speed, not a traditional bank transfer.
Your payment method in the UK affects cost and speed
How you pay from the UK can change both the price and delivery time. Bank transfers are often cheaper because they come with lower processing costs and better exchange rates for GBP to NGN. Card payments can be faster, but they often come with higher fees.
In most cases:
bank transfer is best if you want the cheapest way to send money to Nigeria from the UK
debit/credit card is best if you want speed and convenience, and don’t mind paying more
Match the provider to your transfer type
Once you know whether you care most about cost, speed, or payout flexibility, choosing the right provider becomes much easier. In most corridors, the typical pattern looks like this:
Wise is usually best for transparent pricing and strong value when converting GBP to NGN
Remitly is strong for fast transfers and flexible payout options in Nigeria
XE can be useful if you want a big brand and competitive rates on some routes
CurrencyFair is worth comparing for larger transfers where rate differences matter more
Western Union is best when cash pickup reach is the main priority
Compare the amount received in NGN
If you want the best way to transfer money from the UK to Nigeria, keep it simple. Compare providers and focus on the final amount the recipient gets in NGN. That number tells you instantly whether you’re getting a good deal or paying hidden costs through a weak exchange rate.
This is the easiest way to make sure you’re choosing the cheapest way to send money to Nigeria from the UK, while getting the best value when you transfer GBP to NGN.
UK to NGN Money Transfer FAQs
What’s the best way to send money to Nigeria from UK?
For most people, the best way to send money to Nigeria from UK is to use a specialist provider such as Wise, Remitly, or Xe rather than a high-street bank. These services are built specifically for international payments, which means they usually offer a better overall deal when you transfer GBP to NGN.
In most corridors, specialist providers win because they combine:
Better exchange rates (often closer to the mid-market rate)
Lower total fees (especially on bank transfer payments)
Faster delivery times (often minutes to 1 business day)
Clear upfront pricing so you can see the true cost before you confirm
If you’re comparing the best way to transfer money from UK to Nigeria, start by looking at the final amount your recipient receives in NGN. That single number tells you more than any “£0 fee” marketing.
A quick rule of thumb:
Wise is usually best for bank-to-bank transfers and transparent pricing
Remitly is often best for speed and flexible payout options (including cash pickup)
Xe is a strong option for broad currency coverage and competitive rates on some routes
So if you’re asking how to send money to Nigeria from UK in the smartest way, the answer is normally: compare specialist providers, prioritise the real exchange rate, and choose the service that gives the best total payout in NGN.
What’s the cheapest way to send money to Nigeria from UK?
The cheapest way to send money to Nigeria from UK is usually a bank transfer payout via a specialist provider (not a UK high-street bank). That’s because bank transfers often have lower processing costs, and you typically get a better deal on the conversion when you transfer GBP to NGN.
To find the cheapest option, don’t just compare fees. Always compare the total cost, which includes:
Transfer fee (the visible charge)
Exchange rate used to convert GBP → NGN (this is where hidden costs often live)
Final payout received in NGN
A provider can look cheap on the surface and still be expensive overall if the exchange rate is weak. This is exactly why a proper money transfer to Nigeria from UK comparison should always focus on the end result.
If you’re sending larger amounts, the exchange rate matters even more. A small difference (for example 1%–2%) can cost you more than the fee itself when you transfer GBP to NGN.
For most people, the cheapest setup looks like this:
Pay by bank transfer (cheaper than card in most cases)
Choose a provider with a strong rate and transparent pricing
Confirm the exact amount the recipient will receive in NGN before sending
If your goal is the best way to transfer GBP to NGN at the lowest overall cost, always pick the provider that delivers the highest final payout, not the one with the lowest-looking fee.
How do I send money to Nigeria from the UK step by step?
To send money to Nigeria from the UK, the process is usually quick, but it’s worth doing it properly so you don’t lose money to a weak exchange rate when you transfer GBP to NGN.
Here’s the step-by-step process most people follow:
Step 1: Choose a provider Start by comparing specialist services (Wise, Remitly, Xe, WorldRemit). In most cases, they’ll beat UK banks on speed and value.
Step 2: Enter the amount in GBP Decide how much you want to send. For regular support transfers, many people send £200–£1,000 at a time, but providers often support much higher amounts.
Step 3: Check the total cost (not just the fee) Before you confirm, look at the transfer fee, the exchange rate you get when you transfer GBP to NGN, and the final amount the recipient receives in NGN.
Step 4: Choose how the recipient will get the money in Nigeria Most providers offer bank deposit, cash pickup, and sometimes mobile wallet or card payout (depending on the corridor).
Step 5: Add recipient details carefully If you’re sending to a bank account, enter the account details exactly. If you’re using cash pickup, the recipient’s name must match their ID.
Step 6: Pay from the UK (bank transfer or card) Bank transfer is usually cheaper. Debit/credit card can be faster but often costs more.
Step 7: Confirm and track the transfer Once sent, you can usually track progress in the app or dashboard until the money arrives in Nigeria.
If you want the best way to transfer money from UK to Nigeria, always do the quick comparison first. A provider with a slightly higher fee can still win if they give a better rate when you transfer GBP to NGN.
How long does a money transfer from the UK to Nigeria take?
A money transfer from the UK to Nigeria can be very fast, but the exact delivery time depends on the provider, payment method, payout method, and the banking system in Nigeria.
Typical timeframes look like this:
Specialist providers (Wise, Remitly, Xe, WorldRemit) Often minutes to 1 business day for many routes, especially when the provider supports fast local payouts.
UK bank transfers (especially SWIFT) Often 3–7 business days, and sometimes longer if the transfer passes through intermediary banks.
What affects speed the most when you’re sending money to Nigeria from the UK is the payment method, the payout method in Nigeria, compliance checks (AML/KYC), and whether weekends or bank holidays slow processing.
If you need the best way to send money from the UK to Nigeria quickly, specialist providers are usually the best option. If you use a traditional bank transfer, expect slower delivery and less predictable arrival times.
Can I transfer money from the UK to Nigeria instantly?
Sometimes, yes. You can transfer money from the UK to Nigeria instantly (or close to instantly), but it depends on the provider, the payment method, and the payout method in Nigeria.
In general, the fastest transfers happen when:
you pay by debit/credit card (instead of bank transfer)
the provider supports instant payout rails in Nigeria
the recipient is receiving money via cash pickup or a fast local bank deposit
That said, “instant” doesn’t always mean “cheapest”. Card-funded transfers can arrive in minutes, but they often come with higher fees. If your goal is the cheapest way to send money to Nigeria from UK, bank transfer payments are usually better value.
A good way to think about it is:
If you want speed: choose express delivery and be ready to pay a bit more
If you want value: compare providers and focus on the rate when you transfer GBP to NGN
Either way, always check the estimated arrival time inside the provider’s checkout screen before you confirm, especially if you’re sending money to Nigeria from UK for something time-sensitive.
What’s the best way to transfer money from the UK to Nigeria for urgent payments?
For urgent transfers, the best way to transfer money from the UK to Nigeria is usually a specialist provider that’s built for speed, not a traditional bank transfer.
In many corridors, Remitly is a top choice for urgent payments because it offers fast delivery options and flexible payout methods. Western Union is also a strong option when speed and reach matter, especially if the recipient needs cash pickup in Nigeria.
Urgent transfers usually make sense when you’re sending money for:
emergency family support
last-minute bills
unexpected travel or medical costs
urgent cash needs where a bank deposit might be too slow
If the recipient needs cash quickly, cash pickup can be the fastest option available. But if your priority is value, and you still want a fast bank deposit, you should compare providers based on the final amount received in NGN.
So if you’re asking how to send money to Nigeria from the UK urgently, the smartest approach is to pick a provider with fast payout options, confirm delivery time at checkout, and double-check the exchange rate when you transfer GBP to NGN.
How do I transfer money from the UK to a bank account in Nigeria?
To transfer money from the UK to a bank account in Nigeria, you’ll usually want a specialist provider that supports bank deposit payouts. This is one of the most common ways of sending money to Nigeria from the UK, because it’s straightforward, trackable, and often cheaper than cash pickup.
The basic process is simple: choose a provider, enter the amount in GBP, and check exactly how much the recipient will receive once you transfer GBP to NGN. Then you enter the recipient’s bank details and confirm the transfer.
To avoid delays, make sure you:
enter the recipient’s bank details exactly as requested (format matters)
match the recipient name correctly (some banks are strict)
double-check the payout method is “bank deposit” (not cash pickup)
confirm the final payout amount in NGN before you hit send
If you’re comparing the best way to transfer money from UK to Nigeria, bank deposit transfers are usually the best balance of cost, speed, and reliability, especially for everyday payments like family support, rent, or tuition.
Is it cheaper to pay by bank transfer or debit card?
For a money transfer to Nigeria from the UK, paying by bank transfer is usually cheaper than paying by debit or credit card. That’s because bank transfers cost providers less to process, and you often get better pricing when you transfer GBP to NGN.
Card payments can still be useful, especially if you care more about speed and convenience. In many corridors, paying by debit card can help you send money faster, and it may unlock “express” delivery options.
A simple way to choose:
Use bank transfer if you want the cheapest way to send money to Nigeria from the UK
Use debit/credit card if you want speed and don’t mind paying a bit more
If you’re not sure which is better, run both options in the provider’s checkout screen. The best providers will show the fee, the exchange rate, and the final amount received in NGN, so you can see the real cost difference instantly.
Do UK banks give good exchange rates when you transfer GBP to NGN?
Usually not. In most cases, UK high-street banks do not give the best exchange rates when you transfer GBP to NGN.
The reason is simple: many banks apply a hidden FX markup (also called a spread or margin). Instead of giving you the mid-market rate (the rate you’ll typically see on Google), they give you a slightly worse rate and keep the difference as profit.
This is why a bank transfer can look “reasonable” on the surface, but still be expensive overall. Even if the transfer fee is low, the real cost often shows up in how much NGN your recipient receives.
A useful way to think about it is:
The fee is what you notice
The exchange rate is what you actually pay
So if your goal is the best way to transfer GBP to NGN, specialist providers are usually a better choice than banks because they tend to be more transparent about the real rate and total cost.
What fees should I watch for when transferring money from UK to Nigeria?
When you transfer money from the UK to Nigeria, the biggest mistake is only checking the headline transfer fee. The real cost is usually a mix of visible and hidden charges.
Here are the main fees and cost traps to watch for when you’re sending money to Nigeria from the UK:
Transfer fees Some providers charge a fixed fee, while others charge a percentage. Fees can also change depending on whether you pay by bank transfer or card.
Hidden FX markups This is often the biggest cost. A provider can advertise “low fees” but still give you a weak exchange rate when you transfer GBP to NGN, which reduces the final payout.
SWIFT and intermediary bank charges If you use a UK bank transfer routed through SWIFT, your payment may pass through intermediary banks. Each one can take a fee, which means your recipient can receive less than expected.
Receiving bank fees in Nigeria Some banks charge the recipient to receive international payments. This can reduce the final amount received in NGN.
If you want the cheapest way to send money to Nigeria from the UK, always compare the final amount the recipient receives in NGN. That’s the quickest way to spot whether a provider is genuinely cheap or just hiding the cost in the exchange rate.
Which is best option for large transfers from UK to Nigeria?
If you’re sending a larger amount, the “best” provider can change quickly because small differences in pricing become big money at scale. For most people, the best approach is to compare Wise, CurrencyFair, Xe, and Atlantic Money and focus on the final payout in NGN.
As a rule, the bigger the transfer, the more important the exchange rate becomes. Even a 1% difference in the rate can cost you £100 on a £10,000 transfer. That’s why large transfers should never be done on autopilot.
When comparing the best way to transfer money from UK to Nigeria for ÂŁ10,000+, pay attention to:
the exchange rate when you transfer GBP to NGN
whether fees are fixed or percentage-based
whether the provider offers a better deal on bank transfer payments
how quickly the money arrives in Nigeria
In many cases:
Wise is strong for transparent pricing and reliable bank deposits
Atlantic Money can be excellent for large transfers because fixed fees can beat % pricing
CurrencyFair can offer strong value when rate differences matter most
Xe is worth comparing for competitive pricing on certain routes
If you want the cheapest way to send money to Nigeria from UK for a large transfer, always compare the final amount received in NGN before confirming.
Is it safe to send money to Nigeria from UK using online providers?
Yes, in most cases it is safe to send money to Nigeria from UK using well-known online money transfer providers. The biggest brands in the market are regulated and use strong security controls to protect customer funds and personal data.
The key is to stick to reputable providers and do a quick credibility check before you transfer.
Here’s what to look for when choosing a safe money transfer from the UK to Nigeria:
FCA regulation or registration (or an equivalent regulator)
clear pricing and transparent exchange rates when you transfer GBP to NGN
strong customer reviews and a long operating history
secure login features (2FA, device verification, fraud monitoring)
clear transfer tracking and proof of payment
Also keep in mind that delays are not automatically a red flag. Sometimes transfers take longer because of identity verification checks or AML compliance reviews, especially for larger amounts.
If you want the best way to send money to Nigeria from UK safely, choose a regulated provider, verify your account early, and always confirm the final payout in NGN before sending.
Can I send money to Nigeria from UK for business payments?
Yes. You can absolutely send money to Nigeria from UK for business payments, and in many cases it’s cheaper and more efficient than using a traditional UK bank.
A money transfer from the UK to Nigeria for business purposes is common for:
paying international suppliers
paying freelancers or remote contractors
sending invoice payments
moving operating funds between countries
The biggest advantage of using specialist providers for business payments is cost control. When you regularly transfer GBP to NGN, small differences in the exchange rate and fee structure can add up quickly over time.
For business transfers, it’s smart to focus on:
the real exchange rate when you transfer GBP to NGN
whether the provider supports higher limits for verified accounts
transfer tracking and proof of payment (useful for invoices and reconciliation)
how fast the funds arrive in Nigeria
Many businesses also prefer bank deposit payouts because they’re clean, auditable, and easier for bookkeeping. If you’re comparing the best way to transfer money from UK to Nigeria for business use, specialist providers are often the best balance of value, speed, and transparency.
Is cash pickup available for sending money to Nigeria from UK?
In many corridors, yes. Cash pickup is often available for sending money to Nigeria from UK, and it can be one of the most practical payout options when the recipient needs cash quickly or doesn’t have reliable access to a bank account.
Cash pickup works differently from a bank deposit transfer. Instead of sending money directly into a bank account, the provider makes the funds available at a local partner location in Nigeria. The recipient collects the cash using a reference code and valid ID.
Providers like Remitly, Western Union, and WorldRemit often support cash pickup routes, depending on the destination. This is why cash pickup can sometimes be the best way to send money to Nigeria from UK for emergencies.
It’s especially useful when:
the recipient needs money urgently
the recipient prefers cash for day-to-day spending
bank deposit transfers are slow or unreliable in Nigeria
Just keep in mind that cash pickup isn’t always the cheapest option. Fees can be higher and the exchange rate when you transfer GBP to NGN may include a larger margin compared to bank deposit transfers.
If you want the cheapest way to send money to Nigeria from UK, bank deposit payouts are often better value. But for speed and accessibility, cash pickup can be a great option.
What’s the best provider for cash pickup from UK to Nigeria?
The best provider for cash pickup depends on what you value most: speed, reach, or overall cost. If you’re sending money to Nigeria from UK and your recipient needs cash in hand, cash pickup can be one of the fastest and most practical payout methods.
In most corridors, these are the top options to compare:
Western Union Western Union is often the best choice if your priority is reach. It has one of the largest cash pickup networks in the world, which makes it a strong option when the recipient lives outside major cities or needs lots of pickup locations to choose from.
Remitly Remitly is usually the better pick if you want speed and competitive pricing. It often offers fast delivery options, and in many routes it’s a great balance of value and convenience for a money transfer to Nigeria from UK.
WorldRemit WorldRemit can also be a strong option where it’s available, especially for popular cash pickup corridors. It’s worth checking because sometimes it offers a better overall deal depending on the destination and payout partners.
One important tip: cash pickup isn’t always the cheapest way to transfer money. Fees can be higher, and the exchange rate when you transfer GBP to NGN may include a larger margin than a bank deposit transfer.
If you’re trying to find the cheapest way to send money to Nigeria from UK, it’s still smart to compare cash pickup vs bank deposit and focus on the final amount received in NGN before you confirm.
