What is the limit of Western Union in Nigeria?
What is the limit of Western Union in Nigeria?
1,000USD Naira
A maximum send limit of 1,000USD Naira equivalent per customer per quarter, as stipulated by the Central Bank of Nigeria.
Does Western Union still work in Nigeria 2021?
Yes. You can send money from most of our agent locations in Nigeria.
What are the rules for Western Union?
Sending money with the Western Union money transfer service from an agent location does not require credit cards, debit cards, bank accounts, or memberships. You will need to show valid identification. How much money can I send from an agent location? You can usually send any amount you wish.
What is the daily limit for Western Union?
The maximum you can send in one day is $5,000, and the highest fee we’ve seen is $237.
Why is it so hard to send money to Nigeria?
Sending money to Nigeria from USA or from any other country is often a big help for your relatives and your friends living there. But it can be hard as well because of the strict money transfer regulations because of the anti money laundering rules.
Is it illegal to send money to Nigeria?
The central bank of Nigeria has made it illegal to send Naira to Nigeria as of 17/12. As a licenced operator, we are complying with this ruling.
How many days can money stay in the Western Union if not picked up?
REFUND – Western Union will refund the principal amount of a money transfer (at the applicable exchange rate described herein in effect at the time the refund is made) upon the written request of the sender if payment to the receiver is not made or credited within 45 days.
What’s the cheapest way to send money to Nigeria?
Table 1: Sending $1000 from the US to Nigeria
| Transfer method | Fees to send $1k USD | Total fees |
|---|---|---|
| MoneyGram (fast) | $16 | $22 |
| Easy Exchange | $6 | $24 |
| WorldRemit | $6 | $28 |
| Ria Money Transfer (fast) | $28 | $30 |
Why is it so difficult to send money to Nigeria?
What is the best way to send money to Nigeria?
If you want to send money to a bank account in Nigeria, we recommend using a specialist currency provider. If you’re transferring under $300 or equivalent, your best options include WorldRemit, TransferWise, Xoom or MoneyGram.
