Ways to receive money from abroad in Nigeria

 Have you ever wondered what the most convenient mesend mthods are for receiving money from abroad in Nigeria? 

This is the article for you. 

Do you struggle to offer your products and services to the foreign market because you don't know how to accept international payments as a freelancer or online merchant? Receiving money from clients, family, and friends in other countries is always a joy in Nigeria. 

International money transfers have traditionally been associated with time-consuming documentation for both the sender and the recipient until recently. Sending money from nations such as the United States, the United Kingdom, Canada, Germany, Australia, Denmark, France, and Belgium is now as easy as walking in the park. It is now so simple that the entire money transfer process can be completed in under an hour.

Imagine being on the phone with a family in another country, demanding money, only to receive a credit alert while still speaking with them. That's right, it's now that simple. In this post, we'll show you how to receive money from your international clients without any hassle. 

In Nigeria, there are ten different ways to get money from abroad. 

Here are nine of the most common ways for Nigerians to get money from abroad: 

1. WorldRemit is an online money transfer service. 

With WorldRemit, you may send money to clients, relatives, and friends in other countries for a reasonable fee. The sender only needs a computer, smartphone, or tablet device to use this platform, which makes it simple and quick.

Ismail Ahmed, a Somali migrant, founded the company in 2010 while studying at the University of London. He saw a need to improve the experience of sending money across continents and countries and decided to create it. 

Without any complications, WorldRemit allows you to receive money directly into your bank account from the sender's credit card or bank account. It works well with more than 20 Nigerian banks, ensuring that their services are delivered in a timely and seamless manner. To get your money, go to one of the 140 cash pick-up locations closest to you. 

You may also acquire quick airtime top-ups to any Nigerian network, such as Airtel, MTN, Globacom, and 9Mobile, using WorldRemit. The WorldRemit platform allows senders in 50 nations to send money to recipients in 150 other countries.

2. WiseTransfer 

TransferWise is a London-based online money transfer service that was created in 2011 and relies on Reuters exchange rates to complete transactions. There are no hidden fees with TransferWise. 

Clients, family, and friends from other countries may effortlessly send you money using their credit cards, debit cards, or bank accounts, making TransferWise a reliable way to receive money from another nation. 

The service is delivered quickly with TransferWise, and you receive an email notification of the funds that have been sent to your bank account. Your bank account information and email address are all that the sender needs to know about you. 

TransferWise is a great way to receive money because it gives the sender a cost breakdown.

MoneyGram (#3) 

MoneyGram is the next easiest way to receive money from international clients on our list. MoneyGram is one of the world's oldest and most dependable money transfer providers. With a significant presence in over 200 countries, it is the preferred money transfer network for many customers who need to send money to Nigeria from overseas. The company is based in Dallas, Texas, in the United States. 

MoneyGram is a safe and secure way to get your money in minutes. Simply go to the MoneyGram agent location nearest to you, offer a Reference number, and a valid photo ID (passport, national ID, or resident permit) for identification. 

You may be asked to provide other information in addition to the Reference number and a valid photo ID.

Western Union (#4) 

Western Union, like MoneyGram, is one of the world's oldest and most reliable money transfer businesses. Because of its simplicity, it is one of Nigeria's most popular money transfer services. Western Union allows you to receive money from anywhere in the world via cash pick-ups at Agent locations or direct deposit into your bank account in Nigeria within minutes of the money being transferred. 

When receiving money from an Agent in Nigeria, you must provide the Agent with a 10-digit Money Transfer Control Number (MTCN) as well as your identification. You'll also have to answer a secret question and response in order to be identified. 

Every bank in Nigeria is a Western Union agent, making it simple to receive your funds.

5. Money Transfer to Ria 

Ria Money Transfer is the world's third-largest online money transfer business, with about 320,00 Agent locations and operations in over 140 countries. 

Ria Money Transfer not only allows you to receive money from abroad, but it also allows you to recharge your phone and pay your bills in Nigeria. Customers can receive money from abroad immediately into their bank account using Ria Money Transfer, removing the hassle of filling out paperwork and providing identity, a reference number, or an authentication code. 

You can receive money directly into your bank account through the money transfer platform if you have a bank account with First Bank, Diamond Bank (formerly Access Bank), Polaris Bank, or Ecobank. 

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