NALA — review & details
Africa-focused remittance app sending from the UK, US and most of the EU into Nigerian bank accounts, with its own FAQ describing Nigeria bank delivery as taking seconds. Built by an African team with an Africa-first payments network.
Fast bank payouts
NALA
★★★★☆
UK, US and 19 EU countries into Nigeria (inbound only)
Corridors
NALA's own FAQ lists Nigeria bank payouts as arriving in seconds; allow longer for first transfers and checks
Speed
US transfers provided by NALA Payments LLC (NMLS 2530895); regulated entities vary by sending country
Licence/ Registration
UK/EU-based diaspora who want quick bank deposits and rate transparency
Best For
Remittance app (inbound to Nigeria)
Type
Pros
- Bank payouts to Nigeria described as near-instant on NALA's own support pages
- Broad EU sending coverage on top of the UK and US
- Publishes a rate-transparency stance and shows the delivered amount before you pay
Cons
- Bank account payout only for Nigeria — no cash pickup or mobile-money option
- Daily limit (site states up to 5,000 in USD/GBP/EUR terms) constrains bigger transfers
- Cannot send from Nigeria outward
Fees, eligibility & documents
Fees
Transfer costShown per corridor in the app; part of the cost sits in the exchange rate — judge it by the delivered naira amount
Eligibility
- Sender resident in the UK, US or a supported EU country
- Transfers within the stated daily account limit
- Recipient with a Nigerian bank account
Documents needed
- Government-issued photo ID
- Proof of address for some sending markets
- Recipient bank account name and number
How NALA compares in money transfer & remittance
| NALA | LemFi | Sendwave | |
|---|---|---|---|
| Corridors | UK, US and 19 EU countries into Nigeria (inbound only) | — | — |
| Speed | NALA's own FAQ lists Nigeria bank payouts as arriving in seconds; allow longer for first transfers and checks | Minutes to same day | Minutes to same day |
| Licence/ Registration | US transfers provided by NALA Payments LLC (NMLS 2530895); regulated entities vary by sending country | — | — |
| Best For | UK/EU-based diaspora who want quick bank deposits and rate transparency | Lowest all-in cost | Simple mobile transfers |
| Visit NALA → | Visit LemFi → | Visit Sendwave → |
← Compare all money transfer & remittance
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