Cheap Ways To Send Money Abroad From Nigeria

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Cheap Ways To Send Money Abroad From Nigeria

Written by Funmilayo OgunsanwoPublished on June 7th, 2021
Sending money abroad is a whole stress looking at the rate expenses and having to compare so many financial services before coming across one that you can work with. These are the cheapest means of sending money abroad:

1. A specialist money transfer service
Cheap is relative, What is affordable to you might be unaffordable to another person. Once you already know one of the cheapest means of sending abroad is to use a  financial technology, you should compare the prices and go for the most suitable one for your purpose of transfer. As of now, Pay4me has proven to be the cheapest based on our transaction charges.

2. Card
This service works selectively as you can only use a Visa or a Master’s Card for transactions abroad. Another disadvantage of this service is that the countries you can make payment to are limited.

3. Domiciliary Account 
As a business, it is advisable that you own a domiciliary account. It makes it easier for you to transact especially if you want to transact with a lot of money. Using and opening this kind of account is somewhat the same with the accounts popularly used in Nigeria but with a little more advancement.

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