Your question: How long does Remitly take to send money to Nigeria?

Our Express service will deliver your funds to your recipient instantly, making it ideal if money is urgently required. Otherwise, you can use our Economy service, which takes around two hours.

How long does it take to receive money from Remitly?

We recommend using Express when you need to send money fast, delivery is usually within minutes when using a debit card, and Economy when you’re able to wait 3-5 business days for your funds to be delivered. Select a country to see the available delivery speeds and pricing.

Does Remitly still send money to Nigeria?

You can send to Nigeria from all of our sending countries except Denmark and Norway.

Why is Remitly taking so long?

We take many factors into account when we calculate our delivery promise, but unexpected issues can come up that can cause delays, including identity verification, recipient information errors, or network outages. Edit the transfer to change the delivery method or update any incorrect recipient information.

Is Remitly safe and legit?

Yes, Remitly is a trustworthy and secure money transfer provider. The company has an “Excellent” customer rating (4.5/5) on Trustpilot. … Remitly offers a 100% satisfaction or money-back guarantee. So if you’re not satisfied with the service, you will get a transfer fee refund.

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How does Remitly make money?

It makes money by charging transaction fees and marking up foreign exchange rates. Fees vary widely by country, but on average, Remitly charges about 1.5% for a transfer, Forbes estimates. Western Union, which owns many brick-and-mortar locations and brought in $852 million in profit last year, charges roughly 5%.

Is $200 a lot in Nigeria?

At the current exchange rate of N360/dollar, $200 is N72000. With up to two-thirds of the population living on less than a dollar a day, Nigerians living in poverty rise , $200 is a lot of money for most Nigerians.

How can I send money to Nigeria Remitly?

Send money in 3 easy steps

  1. Enter amount. Choose your sending amount and delivery speed.
  2. Choose recipient. Select who you are sending to.
  3. Send money. Enter payment details and hit send.

How much does it cost to send money to Nigeria?

To send money in USD to Nigeria, you pay a small, flat fee of 6.51 USD + 0.59% of the amount that’s converted (you’ll always see the total cost upfront).

How much does it cost to transfer money to Nigeria?

Wise Fees
% fee for transfers up to 1,390,000 USD 0.43%
% fee for amounts over 1,390,000 USD 0.42%

Where can I pick up WorldRemit in Nigeria?

To pick up your cash, go to any of our partner banks: Access, Fidelity, FCMB, FirstBank, GTBank, Polaris, UBA, Union Bank or Zenith Bank. Complete the form provided by the bank.

Which countries use Remitly?

Remitly is now available in Austria, Belgium, Denmark, Finland, Germany, Ireland, Italy, the Netherlands, Norway, Spain, Sweden, and the United Kingdom. Outside of Europe, Remitly is also available to customers in Australia, Canada, and the United States.

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Does PayPal work in Nigeria?

Does PayPal work In Nigeria? Yes, PayPal works in Nigeria. You can open a personal account to send money, pay bills or shop online. You can also open its business account to receive funds online in Nigeria.

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