Remittances received in Nigeria are increasing day by day. More Nigerians are moving abroad and more money is being sent back to their families. In 2023, $19.5 billion was sent back to Nigeria by people living outside of Nigeria. If you are also an expat and looking to send money to a Nigeria Bank account keep reading this comprehensive guide.
About Nigerian Family Traditions
In Nigerian culture, family is the most important thing. Family values remain a priority for each ethnic group whether Hausa, Igbo, Yoruba, or any other. It is very common among Nigerians to live abroad to support their families financially. They take pride in being responsible for their relatives.
Nigerians also gather in one place to celebrate their family traditions. Calabar Carnival and various other festivals bring all Nigerians together to celebrate their traditions and keep alive their history. Through remittances, they make their Nigerian celebrations more special. The money Nigerians receive from loved ones abroad is used to pay for things like school, medical care, daily living, and even big family events.
Challenges Nigerians Face Abroad
While living abroad, Nigerians face various challenges. They find it hard to get a high-paying job, adjust to a new culture, and find the best affordable accommodation. Nigerian expats also hardly manage their living expenses, food, traveling, and other necessary daily costs, which makes it challenging for them to save or improve their financial situation.
However, while dealing with sadness, cultural differences, and the high cost of living still, expats make sure to send money back home for their families’ needs. Overseas face high transaction costs and lower exchange rates to send money to a Nigeria bank account. Here they need to find a reliable and affordable money transfer service.
Remit Choice offers top exchange rates
Remit Choice provides the best exchange rates on all money transfers to Nigeria. Overseas people trust our services and love to recommend us to others. The company aims to offer a service that supports hard-working expatriates and eases the burden of managing financial challenges. Here, we will learn more about how you can send money to a Nigeria bank account with Remit Choice.
How to Send Money to a Nigeria Bank Account?
With Remit Choice, sending money to Nigeria is simple and convenient. Follow the given step-by-step guide to help you get started.
Create Your Remit Choice Account
You can create an account for free at Remit Choice. It only takes a few minutes because this process is very simple. You need to add your name, phone number, email address, and other necessary information. This information is end-to-end encrypted and safe with our advanced security system.
Enter the Amount
Enter the amount you want to send and the payout method. Select the bank account as a payout method because it is easily accessible for your loved ones. After adding the amount and selecting the payout method, you will see the total calculated amount after fee deduction and exchange rate at that time. We display the exact amount that your recipient will receive without any hidden charges.
Add a Recipient
Add your receiver’s details more carefully to send money to a Nigeria bank account. Enter the recipient’s name, receiving country, and account number accurately. Select your relationship with the recipient and that’s all. Your recipient has been added successfully.
Verify Your Documents
Before sending money you need to verify your essential documents like a national identity card, driving licence, or passport. You may also be required to provide proof of income when sending a large amount to comply with regulations.
Add Your Card Details
You can add your debit or credit card details so we can proceed with your transaction. Before moving to the next step, review all the information to ensure everything is accurate to avoid any delay.
Now click on the “Send now” button, and your transaction is on its way. Your money will be delivered instantly without any delay. We ensure your money’s security and send money to your loved ones’ Nigerian bank accounts with full responsibility.
Track Your Transfer
When you hit the send button, you will get a tracking ID through which you can track your transfer anytime. This real-time tracking helps you to be updated with your transaction status so you have no worries about losing your money. Your recipient will get a notification when they receive the amount in their account.
Make a Decision and Start Saving Money Now
If you want to send money to a Nigeria bank account, use an affordable service like Remit Choice. We deliver your amount without any extra charges or hidden costs around the world. We make international payments hassle-free so you can support your loved ones’ household expenses. You can trust us and become part of our loyal customers’ family. Remit Choice is a true partner that helps you to stay connected with your loved ones in any situation. Send Money
