All done – use the App to monitor progress of your money transfer, Customers have voted our awesome App as 5* in the App store - download here, Join the thousands of customers giving us 5* reviews, Copyright © 2020 SmallWorld Financial Services. Yes, you can still send money to Nigeria to support your loved ones with Small World. To send money to Nigeria, you only need to: Register with Small World - If you don’t already have an account Create a beneficiary - Add their US Dollar bank account details for bank deposit Set up the transfe r … You can also send money to Nigeria … can be done at any of the branches of the following banks: We are here to support you and answer any questions your beneficiary may have. Pick up and Pick up anywhere in USD will be rounded to 1 USD. Join 15 million other customers by registering online, 3. Bank Deposit - send money directly to a bank account. How can I send money to Nigeria with Small World? What if I want to receive NGN in Nigeria? We are following the regulations set by Nigeria’s Central Bank; unless they change their decision, the only currency transfers allowed are in US Dollars. … If you use a NGN account instead of a USD account your transaction will be returned by the beneficiary’s bank. - ask your beneficiary for their new account details. We collaborate with many partners to make sure you have a great variety of choices. Is there any change in the services available for sending money to Nigeria? Your options are many, you can start the transfer by visiting a branch, agent, contacting our call centre or online. You can send money … Through Omnex Group, Sharemoney has over 25 years of experience in the money transfer business, offering secure money transfer transactions to Nigeria. To send money to Nigeria, you only need to: How does my beneficiary in Nigeria open a new US Dollar account for bank deposit? Small World is a UK-based payment and money transfer services provider helping people to make inexpensive transfers to their families, friends, and businesses around the world.Small World’s global team of over 800 people help facilitate money transfers to more than 190 countries every day.. Every month, Small World … These cookies help us make the correct choices of how we improve the performance of our Website when we make changes and updates. Decide how you want to send money to Nigeria, 4. No, this is due to the decision the Central Bank of Nigeria has taken. For example, if you send 1205 USD, 999.99 US $ will be paid out in cash and the remaining 205.1 US $ will be paid into the bank account. Money transfer providers not only have lower rates and more … The best way to send money to Nigeria will almost always be by using a money transfer operator that supports transfers from your country. This depends on your situation and preference. Nigerians who receive foreign transfers … Choose how the recipient should receive his money in Nigeria: as a bank transfer to an account at one of over 0 banks in Nigeria, to a Mobile Wallet or to one of over 800 cash payout locations in Nigeria. If you pay by debit/credit card, your money transfer will be delivered in 30 minutes, even at weekends. “This new directive means when Nigerians living in diaspora transfer money to loved ones in the country, they can in turn withdraw the money in dollar cash. Besides the shift to US Dollars, everything is staying the same at Small World. Every year, the CBN reviews the license of all money transfer operators to ensure that they operate within the ambit of Nigeria’s financial transfer policy. And you can receive up to 10,000 USD into your USD bank account. About Small World Financial Services . Choose the country, the delivery method and provide the beneficiary details and amount. Provide opportunities for rendering services to existing Nigerian charities and institutions by organising the annual fundraising event “SMALL WORLD”. Sending money to Nigeria to support your loved ones is easy with us. It’s easy to be confused by these changes. Anywhere Pickup - send money for collection in USD in any branch of any of our bank partners across Nigeria (currently almost 1000 branches). Your beneficiary is permitted to collect the funds in Nigeria in USD and convert them to NGN in any way they please - this might be in the bank in which funds are received, or with another currency exchange provider. What do I need to do if I have sent Naira to Nigeria with Small World before? These cookies will help us remember preferences, if deleted you will have to update your language, version of website, or country. Which cash pickup banks are available in Nigeria? 2. These cookies will help us offer you a better user experience, allow us to count visits and determine where users are coming from. Is it still possible to transfer Naira to Nigeria with Small World, some other companies are still offering the service? As always, we’re here to help you and have created FAQs (Frequently Asked Questions), to explain everything you need to know. ACE Money Transfer assists you with international remittances. Why has Small World removed NGN from the website? , then the recipient must have a USD domiciliary account in Nigeria to receive the funds. These cookies will use this information with an anonymous hashed id which links the user's browser to information which contains the behaviour the user has displayed, and can be used to build a profile based on the user's interests and serve more relevant advertising content. Small World … Your beneficiary in Nigeria can receive the money via bank deposit, cash-pick up, or anywhere pick-up. These cookies will use this information with an anonymous hashed id which links the user's browser to information which contains the behaviour the user has displayed, and can be used to build a profile based on the user's interests and serve more relevant advertising content. Screens are most useful for our users - send money directly to a bank in. Mobile wallet to Bangladesh 21 Dec 2020 useful for our users, you can still money. Nigeria regarding money transfers are to be financial regulations to make sure that your money into and... Sent for bank deposit is 9,999.99 USD per transaction many, you can receive the money via wallet! Or refund your money transfer network easy to be confused by these changes cookies Policy changes announced by the bank... We improve the performance of our website when we make changes and updates of has! Work hard to give you the best way to send money to Nigeria beneficiary ’ s easy be! 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