Send money to Nigeria

You can send money to Nigeria with Azimo using our direct to bank, cash pick-up or SWIFT payment service.

Please note, changes to Central Bank of Nigeria rules mean naira transfers are not available at the moment. As soon as the situation changes, we’ll notify all customers by email.

The Central Bank of Nigeria’s new ‘Naira 4 Dollar Scheme’ is simple. For every US dollar you send, your recipient will receive a 5 naira bonus.

For example, if you send 100USD to Nigeria with Azimo, your recipient will receive the 100 USD plus a 500 naira bonus.

Set up a transfer as usual and the bonus will be available for collection at your chosen pick-up location.

Please ask your recipient to mention the Naira4Dollar Scheme at the branch. And if they have any trouble collecting the bonus, kindly ask them to contact the bank directly.

You’ll find that the bonus won’t appear in your transfer history as the money is paid by the bank and not by Azimo.

Your recipient will need to bring the following to the pick-up location:

• Matching photo ID (valid forms include national ID, passport, driver’s licence or Nigerian Bank Verification Number/BVN).
• Pick-up reference number (which you and your recipient will receive via email).

Currently, the cash is available for collection from any FCMB or Fidelity Bank branch.

Please note, as a sender you will receive an email containing all pick-up instructions. If you’ve provided your recipient’s email, they will too.

For more information, read our sending money to Nigeria FAQs.

You can still send money to USD or EUR bank accounts in Nigeria by choosing the direct to bank, cash pick-up or SWIFT delivery method on the Azimo website or app. Central Bank of Nigeria rules mean that your recipient’s account must be held in USD or EUR. We’re also not able to process For Further Credit (FFC) payments.

If either of these requirements are not met, the receiving bank will usually reject the transfer and return the money to Azimo. This process can take up to four weeks, so it’s important the recipient’s account matches your sending currency (USD/EUR).

Note, correspondent banks, also known as intermediary banks, may deduct a handling fee from the total amount.

You will need your recipient’s SWIFT-BIC code. This code is unique to your recipient’s bank branch, so please ask them before you set-up a transfer.

Read more: How do I find my SWIFT/BIC code?

You’ll find more information about our fee here

Please note, receiving banks may charge an additional fee to send or receive a SWIFT transfer. In which case, your transfer amount may vary.

When your transfer is in progress, correspondent banks, also known as intermediary banks, can deduct a handling fee. The amount depends on the currency, country and bank.