Send money from the UK to Nigeria
By RemitInsights Editorial. Updated October 2026. We do not move money; we explain the options.
The UK and Nigeria are linked by one of the busiest remittance corridors in the world, and new rules in 2026 have changed how transfers are paid out.
Quick summary
- Judge by what arrives. Compare how much your recipient receives in NGN, not the advertised fee.
- The exchange rate is often the biggest cost. A "no fee" transfer can still cost more than one with a small fee.
- Use a regulated provider. In the UK, money transfer firms must be authorised or registered with the Financial Conduct Authority (FCA). Check the FCA Register first.
- Match the payout to your recipient. The best method depends on whether they use a bank, a wallet or cash.
Payout options in Nigeria
- Naira bank deposit. Recipients are paid in naira into a Nigerian bank account. Nigeria's NIP instant payment system can credit accounts quickly once the provider delivers funds.
- Cash pickup. Collected at partner locations with valid ID, in naira.
- Mobile and app-based wallets. Some providers pay into recipient wallets or bank-linked apps. Check coverage first.
In 2026 the Central Bank of Nigeria directed licensed international money transfer operators to pay inbound remittances in naira instead of US dollars, at a rate reflecting the Nigerian foreign exchange market. Sources give slightly different start dates, so check your provider's current terms. Use licensed operators and avoid informal street rates.
How to check any quote in three steps
- Get quotes from at least three regulated providers for the same amount at the same time.
- Enter each provider's fee and exchange rate in the calculator above. It compares them with the mid-market rate and shows the total cost as a percentage.
- Choose the one that delivers the most NGN by the method you need. Learn why the mid-market rate matters.
What you need to send from the UK
- Photo ID such as a passport or driving licence. Providers may also ask for proof of address.
- Your recipient's full name exactly as on their ID, and their bank, wallet or pickup details.
- Possible extra checks for larger amounts, such as the source of your funds. Providers must follow anti-money-laundering rules.
Each provider sets its own sending limits. Money held by authorised payment firms is safeguarded, but unlike bank deposits it is not covered by the Financial Services Compensation Scheme. If something goes wrong, complain to the provider first, then you may be able to go to the Financial Ombudsman Service.
Avoid these mistakes and scams
- Common here: Advance-fee and romance scams, and anyone asking you to send money to an unverified person or through informal agents.
- Rates that change at checkout. Check the final screen before you confirm.
- Wrong recipient details. Double-check names, account and wallet numbers. Errors can delay or lose funds.
- Pressure to send urgently to someone you have not verified, or to pay "fees" before receiving a prize or loan.
- Fake apps and websites. Use official app stores and never share one-time passcodes.
Frequently asked questions
What is the cheapest way to send money from the UK to Nigeria?
It changes daily. The cheapest option is the one that delivers the most NGN for your amount, so compare the total using the calculator.
How long does a transfer take?
Many app-based transfers arrive within minutes. Bank deposits and cash pickup can take longer, depending on the provider.
Is there a limit on how much I can send?
Providers set their own limits, and larger amounts may need extra documents. Check each provider's terms and the receiving country's rules.
Is it safe to send money online?
Yes, if you use a regulated provider, an official app, and verify your recipient's details.
Other routes
Sources
- Central Bank of Nigeria, the receiving-country regulator
- FCA Register and Financial Conduct Authority, the UK regulator
General information only. We are not connected to any provider, and rules, rates and fees change, so contact the provider directly for its actual rates, fees and terms before you send. Some links on this site may be affiliate links; see our Disclaimer.