Money transfers from the UK to Nigeria: which service is better | Profee Blog

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# Money transfers from the UK to Nigeria: which service is better

[Transfers](/article-categories/money-transfers)[Remittance options](/article-categories/remittance-options)[Advice for expats](/article-categories/advice-for-expats)[Expats from Nigeria](/article-categories/expats-from-nigeria)

[The Profee Team](/authors/profee-authors)

Jul 09, 2024

5 minutes

Many Nigerians relocate to the United Kingdom every year, seeking opportunities to advance their careers or start new ones. Moving to a new country involves managing finances in a different currency, which brings up numerous questions about spending and saving wisely. One of the most pressing concerns for Nigerian expats is how to send money from the UK to Nigeria.

_Not in the UK? Learn_ [_how to send money from Europe to Nigeria_](https://www.profee.com/articles/your-step-by-step-guide-transferring-money-from-europe-to-nigeria).

[## Key considerations for sending money from the UK to Nigeria](#one)[## Popular methods for sending money from the UK to Nigeria](#two)[## Comparing top money transfer services](#three)[## The best app to send money from the UK to Nigeria](#four)

## Key considerations for sending money from the UK to Nigeria

International money transfers can be complex, and finding the best way to send money from the UK to Nigeria involves considering several factors:

*   **Pricing**: How much does the service charge for each transfer?
    
*   **Exchange rate**: What rate does the service offer for converting GBP to NGN?
    
*   **Security**: How secure is the transfer process?
    
*   **Speed**: How quickly will the money reach Nigeria?
    
*   **Customer-friendliness**: How easy is the service to use?
    

## Popular methods for sending money from the UK to Nigeria

There are several ways to send money from the UK to Nigeria, each with its own advantages and disadvantages:

*   **Bank transfers**: Safe but slow and costly, often charging hidden fees.
    
*   **Cryptocurrency**: Fast but risky and requires familiarity with digital currencies.
    
*   **Online money transfer services**: Increasingly popular due to their convenience and competitive rates.
    

We recommend using services and apps to send money from the UK to Nigeria since they offer some of the most favourable remittance terms. Today, we’re comparing Profee, Instarem, Western Union, and WorldRemit services for transfers from the UK to Nigeria.

## Comparing top money transfer services

Before we compare the numbers, we suggest you take a look at the offers as of July 8 from the companies we’re reviewing today. You’ll find our commentary and table comparisons below.

### Profee

Profee's offer for a transfer from the UK to Nigeria as of June 8, 2024

### WorldRemit

WorldRemit's offer for a transfer from the UK to Nigeria as of June 8, 2024

### Instarem

Instarem's offer for a transfer from the UK to Nigeria as of June 8, 2024

### Western Union

Western Union's offer for a transfer from the UK to Nigeria as of June 8, 2024

Now, let’s see what the numbers say. What is the best service for transferring money from the UK to a Nigerian bank account?

Profee

WorldRemit

Instarem

Western Union

Fees

0% fees on your transfers from the UK to Nigeria

No information on fees

No fee on your first remittance

No fee on your first remittance to a bank account or mobile wallet

Exchange rate

GBP 1 = NGN 1,955.945

GBP 1 = NGN 1897.8005

1 GBP = 1897.8325 NGN

1.00 GBP = 1,937.1862 NGN

200 GBP equals

391,189 NGN

379566.00 NGN

379,560.10 NGN

387,437.23NGN

Delivery speed

Arrives within minutes

Not stated

Not stated

Same banking day

_The numbers in the table reflect the companies’ offers as of July 8, 2024._

Judging from the comparison, Profee offers the cheapest way to send money from the UK to Nigeria.

*   **Fees**: Some companies lack transparency in terms of fees, making you wonder whether hidden costs will be involved. Profee stands out as the company with the most beneficial fee offer—0% commission on all transfers to Nigeria. The best money transfer to Nigeria from the UK is a zero-fee one, and Profee doesn’t fail to deliver.
    
*   **Exchange rates**: Currency exchange rates significantly influence the total amount your recipient will get when you remit from the UK to Nigeria. Suppose you’re sending 200 GBP to your loved ones. With Profee, you’ll get the most value for your funds.
    
*   **Speed**: How fast your transfer from the UK to Nigeria gets delivered matters a lot. That’s another sign of how transparent a company is. As you can see, two out of four services in today’s review don’t state the delivery speed. That means you can’t be sure when your family gets the funds when [transferring money from the UK to a Nigerian bank](https://www.profee.com/send-money/from-united-kingdom-to-nigeria) account.
    

Are you an expat in the UK? Discover everything you need to know about [health insurance in the UK](https://www.profee.com/articles/uk-health-insurance-a-complete-guide-for-expats).

## The best app to send money from the UK to Nigeria

After reviewing the four apps to send money from the UK to Nigeria, it’s clear Profee is the most beneficial one. So, how do you make a Profee remittance?

*   Visit the Profee website or download the app;
*   Type in the sending amount in the online calculator;
*   Enter your recipient’s bank account details;
*   Select your payment method;
*   Double-check and confirm. It’s that easy!

Summing up, here are some main benefits of using Profee:

*   No fees on all transfers from the UK to Nigeria;
*   Always competitive exchange rates, with your first remittance being processed at a promo GBP-NGN rate;
*   Your recipient doesn’t have to be a Profee client to get the transfer — no more worrying about how to receive money from the UK to Nigeria;
*   [Sending money from the UK to Nigeria](https://www.profee.com/send-money/from-united-kingdom-to-nigeria) is fast — funds arrive within minutes;
*   Profee is a licensed, 100% secure company protecting your data and money online 24/7.
*   Fast registration done online — no need to leave your house and deal with unnecessary paperwork;
*   Our intuitive, easy-to-navigate interface guides you throughout the process;
*   You can transfer to 65+ countries worldwide.

Choosing the best transfer service requires considering various factors, including cost, exchange rates, speed, security, and ease of use. While there are many options available, Profee offers a compelling combination of low fees, competitive exchange rates, fast transfers, and robust security measures. Support your loved ones hassle-free today.

Trademarks, logos and other graphic or text elements are owned by the respective right holders. We do not promote third-party brands but provide introductory information only. All the facts mentioned in the article are valid on Jul 09, 2024 – discover the current Profee terms we are offering you right now [here](/send-money).

## Guide: transferring money from Europe to Nigeria

Follow our step-by-step guide to transferring money from Europe to Nigeria. Discover the best services, understand fees and exchange rates, and ensure a secure, efficient transfer process.

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Profee is a registered trade name under Sibilla Solutions LTD. Sibilla Solutions LTD, registered in Cyprus (Registration No. HE348581), is regulated as an Electronic Money Institution (EMI) by the Central Bank of Cyprus (License No. 115.1.3.16/2018), VAT СY10348581D. If you reside in the EU, our services are provided by Sibilla Solutions LTD.  For UK residents, our services are provided by Finthesis Ltd (previously known as Paymentz Ltd). Finthesis Ltd is incorporated in the United Kingdom (Company No. 12431685) and is licensed by the Financial Conduct Authority (FCA) under the Payment Institution regulations (License Nо. 924263). Finthesis Ltd is registered at 2-4 Eastern Road, Imperial Offices, Romford, England, RM1 3PJ, United Kingdom.  For Canada residents, our services are provided by TRUE NORTHERN TRANSFERS INC., a money service business registered with the Financial Transactions and Reports Analysis Centre of Canada (Registration No. BC1458550) and licensed in British Columbia to carry out money transfers (license number M24840241).  © 2026 All rights reserved.