Best ways to send money to Nigeria

Compare the top providers that can help you transfer money to Nigeria based on speed, fees and exchange rates

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We only found one international money transfer company supporting transfers from Japan to Nigeria, but there may be others available. We consistently review our coverage and compare 10+ providers across hundreds of currency routes.

We want to find the best deal for you. So, although we may receive a referral fee if you choose one of these providers, it won't affect the ranking of the provider, the exchange rates or any fees you are charged. Our results are sorted in order of cheapest to most expensive cost to you. Learn more.

Why compare sending money to Nigeria with us

We compare secure providers
We compare secure providers
We display fees and rates transparently
We display fees and rates transparently
Save money on your next money transfer abroad
Save money on your next money transfer abroad

How to Send Money to Nigeria

The good news is that sending money to Nigeria is quick and easy. Plus you can usually do everything with your phone or laptop - with no need to stand in line at a bank or money changer’s office. Here’s how to send money to Nigeria 3 simple steps:

  1. 1
    Enter the Amount
    Enter the amount of money you want to transfer into our comparison tool. Pick the currency you want to send to and from, using the drop down boxes. You’ll see a range of options from reliable providers, so you can compare and pick the best for your specific transfer.
  2. 2
    Compare Rates and Services
    Use our transparent comparison tool to find the best rates for your transfer. You’ll be able to compare important features such as transfer speed, total costs, amount received and customer reviews. In particular, be sure to check the exchange rates and fees, as these can vary between providers and payment methods. Costs may also vary depending on how you want to pay.
  3. 3
    Sign Up and Send Money
    Choose and sign up with the provider, enter the recipient’s details and complete the transaction securely. Your money will be on the move and you can track your transfer in the provider’s app.

You can send money from Japan to Nigeria using your bank, a specialist money transfer service, an e-wallet, or by visiting a physical money remittance store. Each option has different pros and cons, so the best for you will depend on your specific transfer and personal requirements.

For more information on how to send money to Nigeria check out our How to FAQs.

Best ways to send money to Nigeria

Currently best forProviderDetails
Cheapest costWorldRemit¥3015 JPY
Best exchange rateWorldRemit1 JPY = 9.8406NGN
Fastest transferWorldRemit1-2 Days
Best ratedWorldRemitTrustpilot rating: 3.7

You can send money to Nigeria with a bank, or you can choose an international money transfer service provider. Often international money transfer providers offer a fast, efficient and cheap way to send money from Japan to Nigeria.

Money transfer providers compared: 1 providers
Money transfer companies included: WorldRemit

What is the cheapest way to send money to Nigeria?


Cheapest providerTotal costDetails
WorldRemit¥3015 JPYJPY/NGN exchange rate: 9.8406

WorldRemit, the cheapest option, has a Japanese Yen/Nigerian Naira exchange rate of 9.8406 and a fee of 3015 JPY.

This would save you 0 JPY compared to WorldRemit, who has a fee of 3015 JPY.

You'll want to pay attention to both the upfront fee the provider shows you as well as the Japanese Yen/Nigerian Naira exchange rate.

Often providers will claim to be a cheap global money transfer provider, with low, or even no fees, but in reality they're hidden within the exchange rate. Right now, Japanese Yen/Nigerian Naira interbank rate is 10.2533. Whenever you compare fees for transferring money to Nigeria, it can pay off to look at the exchange rate they offer.

Finding alternative ways to transfer money to Nigeria shouldn't be hard, we've put together a list of cheap ways to send money to Nigeria to help you with your search.

For example, most traditional banks add a hidden markup to the exchange rate they offer you. If 1 JPY is 10.2533 NGN, your bank can add a 3% exchange rate markup and give you a rate of ¥ 1 = 10.5609 ₦

What is the fastest way to send money to Nigeria?


Fastest providerTimeDetails
WorldRemit1-2 DaysWorldRemit is the fastest way to send money to Nigeria

Typically sending money to Nigeria will be much faster using a money transfer company compared to a bank that can take 3-5 working days. That’s because banks usually process international money transfers through the SWIFT network. This system involves passing a payment through several intermediaries, which slows the process down. Money transfer companies have often built their own networks to process payments faster - which can even mean your money is deposited instantly into your recipient’s account.

The fastest provider in our table to transfer money to Nigeria is WorldRemit - 1-2 Days.

Who is the best rated provider to transfer money to Nigeria from Japan?

Of the 1 providers we found for transferring money to Nigeria, here's how the top 5 stack up in terms of number of reviews and average score based on TrustPilot:


Best rated providerStar ratingRatingNo. of reviews
WorldRemit3.7Average90150
Go to WorldRemit

What is the safest way to send money from Japan to Nigeria?

When sending money to Nigeria, the most important factor is choosing a reliable transfer service. Pay close attention to transfer fees and exchange rates to select the best option. To ensure security, use services that offer two-factor authentication or biometric verification. Additionally, entering the recipient’s information accurately is crucial to prevent misdirected transfers. After sending money, take advantage of confirmation and tracking features to monitor the transaction’s progress.

Strengthening account security is also essential. Set a strong password and update it regularly. Before making a transfer, double-check the recipient's details and fully understand the terms of use and security measures. To minimize risks, consider using a service with a reliable customer support system in case of any issues after the transfer.

Compare money transfer services to Nigeria

WorldRemit: Send Money from Japan to Nigeria

CheapestFree feeFastestBest exchange rateBest transfer options

WorldRemit offers a selection of ways to transfer money abroad to 21 countries, online or in the WorldRemit app. There’s a good range of payout options available, which varies by destination but which can include cash collection services.

Pros and cons
 
 
  • Send money overseas to 21
  • Pay out options can include cash collection services
  • Set up your payment online or in app, pay by bank transfer or with a card
  • You can’t pay for your transfer in cash
  • Exchange rates may include a markup

How much does it cost to send money to Nigeria with WorldRemit?

  • Transfer fees: Fees vary by transaction type, new customer promotions are available
  • Exchange rates: Exchange rates may include a small markup
  • Additional fees: Fees vary based on how you choose to pay, and the currencies involved

Exchange rate trend between JPY/NGN

As with many currencies, the JPY/NGN exchange rate moves over time, due to changes in supply and demand. Exchange rate fluctuations can be caused by underlying shifts in how well the economy in Japan or Nigeria is doing, changes in political stability, or even simple speculation, where traders buy or sell currencies based on how they think trends are going to change.

Right now, ¥1 buys ₦10.2533

1 JPY = 10.2533 NGN

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Ways to fund your money transfer to Nigeria

Different money transfer services offer different options to fund your international money transfer. Luckily, you have plenty to choose from.

Typically bank transfer is the cheapest payment method, which is why it’s the method we use to compare providers on Exiap. Let's take a look at a few payment options for sending money from Japan to Nigeria with these providers:

WorldRemit

銀行振込、カード(デビット、クレジット、プリペイド)またはApple Pay

Best app to send money to Nigeria

ProviderWebsite
WorldRemit

Conclusion

When it comes to choosing the best provider for sending money to Nigeria from Japan, it really depends on what your needs are.

The cheapest provider shown in our comparison table is WorldRemit. If the transfer time is what you're interested in, then WorldRemit is also the fastest to transfer money to Nigeria. WorldRemit can get your money to your recipient to Nigeria in 1-2 Days.

If safety is what interests you the most when it comes to picking the best international money transfer provider to Nigeria, then all the providers we listed above are regulated by different financial institutions and should be safe to send money to Nigeria with.

FAQs about how to send money from Japan to Nigeria

What are the different ways to transfer money to Nigeria?

You've got a few key options if you need to send money to Nigeria:

Bank transfer to Nigeria - most banks will let you send money internationally online, by visiting a branch or by phone. Payments to NGN will be sent directly from your bank account to your recipient's local bank account in your chosen currency.

Walk into a branch - several specialist money transmitter services operate through large branch and agent networks, so you can visit a physical store and make your NGN payment in cash if you want to.

Send money onlineto Nigeria - if you'd rather make your JPY/NGN payment online or using your smartphone, you can choose your own bank's online banking service, or an international payment specialist. Specialist services can often offer better exchange rates and lower fees than banks.

Cash pickup - sending a payment for cash pickup can often be the fastest way to get your money into your recipient's hands. It's also usually one of the most expensive because it's being prioritized and can even be instant.

How to send money to another bank account in Nigeria?

Sending money to another bank account in Nigeria is often the most convenient option - both for you, and your recipient. Your recipient doesn't need to take any action to receive the money, it just lands in the nominated account in the currency you choose, and can be spent or withdrawn easily.

If you're sending money from a bank account in Japan to a bank account in Nigeria, choosing a specialist provider can be the cheapest and fastest way to make your payment. Different providers have their own processes for arranging payments - but the steps you'll take are usually roughly the same:

1. Create an account Register a new account with your preferred service, by entering your contact details and some basic information. You may even be able to do this using Facebook or Google for convenience.

2. Verify Depending on the type of payment you're making, you may need to verify your account by uploading an image of your ID documents. This step helps keep your money safe, and is often a legal requirement.

3. Top up Add money to your account in dollars, using a bank transfer or card payment.

4. Add recipient details and send Once you're ready to send a payment, add your recipient's personal and bank account details, check the exchange rate and fee applied to your payment, and confirm. That's it - your money will now be sent, and you can track its progress online or in your provider's app.

What details are needed to send money to Nigeria?

The details you'll need to send money internationally from Japan to Nigeria may vary by provider, and based on the value of the transfer. At a minimum, whenever you make an international bank transfer you will typically be asked for:

  • Bank code
  • Account number
Can I send international money transfers from Japan to Nigeria for free?

You can't send money to Nigeria from Japan for free. International transfers cost providers money to arrange, so there's always a fee somewhere to make sure that the business covers its costs and generates profit. However, many providers choose to make the fees you pay trickier to spot by adding them into the exchange rates used for transfers.

When is the best time to transfer money from Japan to Nigeria?

There is no official best time to send money from Japan to Nigeria and that depends on a variety of factors such as when you need to send money or when you want the funds to be received. It’s also going to depend on a variety of other factors such as, the time when you send money or the fees you are offered by providers or banks.

What is the best way to send large amounts of money to Nigeria from Japan?

When you’re sending a high value payment it’s especially important to do your research and find a provider which is safe and which offers low fees and great exchange rates. It’s also well worth comparing some providers based on transfer times, as the delivery time can also vary pretty widely.

Some international money transfer services offer discounts for high value transfers, either through lower fees or a better exchange rate. Use the Exiap cost comparison calculator to make sure you’re getting the very best deal available for your specific transfer.

How to send large amounts of money to Nigeria?

While sending a high value payment works very similarly to sending any other transfer overseas, the provider may require additional information to verify the payment. You might be asked to prove the source of the funds, for example, to comply with local and international financial services legislation. If you’re sending a large amount of money you’ll also need to make sure the provider you’ve picked can support the amount, as maximum payment limits may apply.

Here’s how to send a large sum of money internationally with a specialist international money transfer service:

  1. Create an account
    Register a new account with your preferred service
  2. Verify
    Verify your account by uploading an image of your ID documents
  3. Add the transfer information
    Including the value and currency
  4. Add recipient details
    Add your recipient's personal and bank account details
  5. Fund your payment
    Make a local bank transfer, use your card or pick another supported payment method. Your money will be on the move as soon as it's been received by the provider.
How do I know if there is an international bank transfer fee to Nigeria?

The exact cost depends a lot on where you’re sending money, how much you’re sending, how you want to pay, and how you want the payment to be received.

Typically sending money directly to a recipient’s bank account using a specialist service can be done with fairly low costs, while traditional bank transfer fees can be higher. Paying for your transfer with either a credit card or cash can often mean the fees crank up, too.

When you’re sending money internationally, don’t forget that the overall fee you pay can include the transfer fee, an extra charge wrapped up in the exchange rate used, and third party charges like a cash advance fee from your credit card issuer.

How do I know if there any international money transfer limits to Nigeria?

There is no legal limit on how much money can be sent to or from Japan, although banks and other payment providers may impose their own limits.

Money transfer limits can vary quite widely between providers, and may also change depending on how you want to fund your transfer. You could find different limits in place when you pay by card compared to paying using a bank transfer, for example.

How can I find the best money transfer rate to Nigeria?

The best rate available to send money to Nigeria will usually be the mid-market exchange rate. The mid-market exchange rate is the rate used when banks buy and sell currencies on global markets.

However, this rate isn’t always available to individual customers sending money abroad. Instead, providers often add a markup - an extra fee - to the exchange rate they offer customers. This pushes up the costs and makes it harder to see exactly what you’re paying for your international bank transfer.

Right now, the mid-market rate for a Japanese Yen to Nigerian Naira is 10.2533.

How long does a bank transfer to Nigeria take?

The length of time it takes to transfer money to Nigeria depends on a variety of factors including the provider you use, how you’re paying, and how you want your recipient to get the money in the end.

From the providers that we display, the fastest international money transfer provider to Nigeria is WorldRemit, which can deliver the money to your recipient in Nigeria in 1-2 Days. The slowest provider to send JPY - NGN is WorldRemit, which takes 1-2 Days to send money to Nigeria.