Following the spirit of Ramadan, you’re searching for ways to treat people you care about. Let us guide you on how to support family, friends and charities in Nigeria, even from abroad – quickly and at great EUR to NGN exchange rates.
Tips on transfers to Nigeria
Ramadan transfers should be full of light and joy for both senders and recipients. To make it happen, follow these tips on the best way to send money to Nigeria.
Avoid last-minute transfers
People say it’s better late than never, and it’s true. However, being on time is better than being late, so prepare your transfer schedule in advance. Thus, you won't be affected by bank delays or unfavourable euro-to-naira exchange rates.
Track rates before sending
When not in a rush, monitor rates a couple of weeks before the transfer. You can go on Google and compare yourself or choose a more convenient option – Profee. We prepared a graph with the recent euro to Nigerian naira rate fluctuations. Check it to spot the best transfer days.
Spot scams early on
During Ramadan, you may want to support someone outside of your inner circle. However, make sure that you’re sending money to the real people in need and not scammers. Watch out for:
- Emotional manipulations.
- Sense of urgency.
- Suspicious number of grammatical errors.
Avoiding money transfer scams: Red flags every expat should know.
Choose a trusted transfer provider
Look for services that:
- Are licensed and regulated
- Offer transparent fees
- Have solid customer reviews
- Provide fast delivery times
Start with Profee – this online service is trusted by over 800,000 expats and offers hot EUR to NGN exchange rates.
Double-check recipient details
A very common (and avoidable) issue is that transfers fail due to incorrect bank names, account numbers, or misspellings of the recipient's name. Confirm everything with the person before sending to save time and stress.
Keep your confirmation receipts
Always save your transaction ID or receipt. If something goes wrong or the beneficiary has questions, it helps customer support resolve the issue quickly.
Remember that rates are not everything
If the exchange rate for the euro to naira seems to be too good, it probably is. Unrealistically beneficial offers are often a trap for fees, so read reviews carefully and compare the final amount to be received between services.
Use saved recipient profiles
If you send to the same person often, save their details in your app. It speeds up future transfers and reduces the risk of typos.
These seven tips will help you make a smooth, valuable transfer.
More for Nigerian expats:
FAQ – best way to send money to Nigeria
What is the safest way to send money to someone in Nigeria?
Know exactly who you’re sending funds to. Use licensed and trusted services like Profee.
Can you send money during Ramadan?
Yes, it’s welcomed as a gesture of generosity to your family or donations to charities and those in need. Your kind intention may have a huge impact on someone’s life.
How can I send money to Nigeria instantly?
If you use Profee, transfers arrive within minutes on average.
Which bank does international transfers in Nigeria?
Profee sends money to Zenith, GTBank, FirstBank, Ecobank, UBA, Access and many other institutions in Nigeria.
Which method is best for money transfer?
Online services are currently one of the best ways to send money abroad. Usually, they offer more attractive euro to Nigerian naira exchange rates and fewer fees than banks, with higher levels of security compared to crypto transfers.
