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Thursday, January 19, 2017



You are welcome to discover your solutions for sending and receiving money from any part of the world with ease.
We are in the technology age were almost every detail of our financial life is automated and this has helped various organizations and companies to provide means for Nigerians to either send or receive money from their love ones through the implementation of  International Money Transfer services by Central Bank of  Nigeria (CBN).

Nigerians are now very happy as life is now made easier for them and their children schooling abroad who can now receive money from their parents with a the twinkle of an eye. You can be able to send money to that your loved one living abroad even though you don’t have an account in Nigeria or where you are sending the money to…. all you have to do is fill form and you are good to g.

Below are the various means of sending and receiving money internationally . These international money transfer organisation are amongst the fastest means of sending money out of the country to other nations .

Money Gram 

Receiving and sending of money through Money Gram from Nigeria to other countries is one of the fastest and easiest ways of transferring money currently.

These services are provided by banks in Nigeria e.g
  • Ecobank
  • Fidelity Bank
  • Skye Bank
  • UBA
  • First Bank
  • Enterprise Bank
  • Access Bank
  • Sterling Ban,
  • Keystone Bank
  • Mainstreet Bank
  • Diamond Bank and Wema Bank e.t.c
 If you want to use this service all you need do is visit any of the above enumerated banks , walk into any of them and tell them that you want to transfer money via Money Gram and you will be given a form to fill . When you are through filling the form give it back to them and you will be asked to pay a transfer fee. After everything the Money Gram agent will issue you a receipt and a reference number for the transaction , this reference number should be kept safe and it should given to the person receiving the money at the other end . The receiver will need to complete a ‘receive form’ because he or she can now collect the money from the other side.

PayPal Money Transfer

PayPal Money Transfer is another popular means of sending money from Nigeria to other countries .It is mostly used for international payment by business men. It is mostly used during payment on many online platform like Amazon, eBay, and other top e-Commerce websites . To use this service all you need to do is sign up for an account … PayPal was made available in Nigeria last year and it has been working since then .

Domiciliary Account

Nigerian banks allow you open a Domiciliary Account with them and this account is also known as DOM account. Domiciliary Account is an account that is operated in foreign currencies like US Dollars, Pounds Sterling or Euro with your money valued at the prevailing exchange rate . You can transfer money from Nigeria to other countries if you have a Dom account and this account can be funded through travellers cheques, lodgement of foreign currency cheques, cash inflows and cash deposits.

Western Union Money Transfer 

Western union  is the most popular and oldest one out of all . Western Union have about 5,000 outlets in Nigeria, 22 licensed banks and 905 microfinance banks .


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