Sending money to businesses in Nigeria: Here's how you can pay bills and more from Europe

Want to buy someone a gift or pay for bills in Nigeria from abroad? Follow this step-by-step guide and pay for service online with Profee. It’s easy, fast and money-saving – everything you love.

Cross-border payments to businesses: When you need them

If you’ve got bills to pay and gifts to order, you need to send a payment to Nigeria. You may as well collaborate with digital agencies like Wild Fusion or plan weddings, birthdays and corporate evenings with agencies like Zapphaire Events. Local companies ask for business payments to Nigeria, too.

When it comes to businesses and cross-border payments, you can’t just send a regular transfer. The recipient is not a private individual like your friend or family member; it’s a company which follows strict regulations and pays taxes on your payment. So, you should use a slightly different approach. In the next section, you’ll find a step-by-step explanation of how to make a business payment to Nigeria without stressing over it.

Cross-border payments to businesses: Profee guide

Summary for those with no time: after you join Profee, select ‘Bank account’ as a transfer method, pick ‘BIC/SWIFT’ and ‘To a business’, and fill in the required data. Seems simple, and it is so. Below, we walk you through each step carefully.

Step 1: Join Profee for cross-border payments

You can create your personal profile on our website or in the app. Enter your:

• phone number and email address (which you have access to!),
• nationality (Nigeria),
• address in Europe,
• full name,
• and date of birth.

We keep your personal data private and protected under international law.

Step 2: Add the transfer amount

Select countries (where you live and Nigeria), check the rate and fees, and enter the amount you want to send on our calculator. We show all terms upfront so that you know precisely how much to send to pay for the service.

Your rate is frozen during the transfer. The recipients get exactly what’s promised – naira to naira.

Step 3: Enter the recipient’s details

After finishing with the transfer amount, proceed and add the recipient’s data. To send a payment to a Nigerian company, do the following:

• Select ‘Bank account’
• Choose BIC/SWIFT as a bank details type
• Find the correct bank on our list
• Paste the bank account number
• Pick ‘To a business’
• Add the business name and purpose of the transfers (for example, ‘for bills’)

All clear here.

Step 4: Select the payment method

Pick the option that fits your setup:

• Cards: Use your Visa or Mastercard cards issued in your country of residence.
• Mobile: Checkout with Google Pay or Apple Pay.
• Bank: Send directly via IBAN.
• Localised pay: Use regional options like Volt, Klarna, or SEPA.

Security note: We take the safety of your money seriously. Being PCI DSS Level 1 certified means we use the same high-level security as a major bank.

Step 5: Double-check and confirm

Don’t rush to hit the ‘Send’ button – review all the transfer details before confirmation. Check the company name, account number, chosen bank and your own data. Once you get through everything, approve the transfer.

Following the five steps, you’ll send money to Nigeria in minutes. You can speed up the process even more by saving your and recipients' data in the profile – a friendly tip from us.

Tips before paying a business in Nigeria

• Check if the business is legitimate. Spend five minutes looking at their social media and website. You can also verify they are legally registered by searching the Corporate Affairs Commission (CAC) website.
• Verify payment details independently. Scammers love to swap out bank details at the last second. Before you hit "send," double-check the account number against what’s listed on their official website or call a contact you already know to confirm it’s actually theirs.
• Keep the proof of payment. A digital receipt will be sent to your registered email address. If you don’t receive it, please contact our support with your ID (WL-1234…) and transfer details from your history (date and recipient). It’s much easier to resolve a "we didn't get the money" argument when you have the proof.
• Watch for red flags. If someone is pushing you to pay "right now" or suddenly changes the bank account to a personal name instead of a business name, be cautious.

Stay safe: Avoiding money transfer scams, red flags every expat should know.

FAQ – Paying for Nigerian services online

How do companies receive payments from abroad in Nigeria?

Money is automatically credited to their bank accounts.

Does Profee support Visa cross-border payments?

Yes, you can pay with your Visa card when sending money with Profee.

How can I support small businesses in Nigeria?

The easy ways to support small businesses are using their services (as simple as that), leaving honest reviews, and sharing them with others. If you're abroad, you can pay businesses in Nigeria using Profee.

Do Nigerian businesses accept international payments?

Yes, many Nigerian businesses accept international payments, especially those working with global clients.

What currency can I use to pay a Nigerian business from abroad?

You may pay in EUR, GBP or your local currency, and we will convert it to Nigerian naira (NGN).