Sending money to Nigeria from Netherlands

The World Bank surveyed 6 providers on this corridor. On €140 the cheapest costs -1.21% of what you send and the dearest 4.03%. Enter your own amount below — the ranking changes with it.

Every provider, ranked at €140

The fee and the exchange-rate margin are shown separately on purpose. A transfer advertised as "no fee" can still be the expensive one, because the margin is where the cost hides.

A cost below zero is not a mistake. On competitive corridors a provider will occasionally pay a better exchange rate than the mid-market benchmark and charge no fee, so you receive slightly more than the benchmark says you should. It is a promotional position rather than a permanent one, and it is the first thing to change between surveys.

How to read these numbers

The cost of a transfer is the fee plus the margin the provider takes on the exchange rate. The margin is invisible at the counter: you are quoted a rate, not the difference between that rate and the interbank one, so a "free" transfer can quietly cost more than one with a fee attached. Both are separated in the table above.

Percentages fall as the amount rises wherever a provider charges a flat fee, which is why the same provider can be the cheapest at one amount and not at another. That is exactly what the calculator is for — the ranking above is computed at your amount, not at a fixed one.

Source: The World Bank, Remittance Prices Worldwide, available at https://remittanceprices.worldbank.org — survey period 2025 Q1, field-collected to 11 March 2025. Licensed CC BY 4.0. These are surveyed benchmark costs from a dated quarterly study, not live quotes, and providers change pricing between surveys — check the current cost with the provider before you send. The World Bank does not endorse this use of its data. This is general information, not financial advice.