Are you tired of the hassle and hidden fees that come with sending foreign payments from Nigeria? Do you often need to send US Dollars and Pounds abroad? Then you need a reliable money transfer app. Being a secure and dependable option, Grey is the fastest way to send GBP and USD from Nigeria.
By showing you a step-by-step guide in this article, you'll learn how to send foreign currencies abroad with the Grey web and mobile app.
Why Should You Use Grey to Send Foreign Payments?
Although there are several money transfer options available in the market, you need a reliable and secure option. This is why we recommend Grey. With your Grey account, sending USD and GBP from Nigeria is twice as seamless, and here’s why;
Instant transfers: Send money in just a few steps and let your recipients get the funds within minutes.
No account needed: On Grey, you don’t have to open a virtual bank account to send money abroad. All you need to do is top up your account and use your balances to make these transactions, as we will be showing you later on in this post.
No hidden fees: Our fees are transparent, so what you see is what you get. Even at the point of the transfer, you’ll see all pending dues on that page. We will only debit what is displayed there. No additional fees afterward, like most platforms.
Easy to track: from real-time notifications and transaction history to receipts, you have evidence of your transactions for your bookkeeping needs. It also automatically shows up in your account statements which are particularly helpful for business transactions.
How to Send Pounds from Nigeria to the UK and Abroad
Would you like to send some British Pounds to your friends, family, or business partners in the UK? Here’s how to do this on Grey;
Choose to either send with GreyTag or to a new recipient
If you’re sending to a new recipient, switch their currency to GBP, enter their amount and banking information
Be sure to specify whether you’re sending to an individual or corporate account under ‘Recipient Type’
Tap on Continue
Verify and complete the transaction
On Mobile
Log in to your Grey mobile app
Make sure on your dashboard, the currency displayed is British Pounds
Tap on the ‘Send Money’ button underneath your balance
Choose to either send with GreyTag or to a new recipient
If you’re sending to a new recipient, switch their currency to GBP, enter their amount and banking information
Tap on Continue
Verify and complete the transaction
We recommend using the GreyTag option if your recipient has a functioning Grey account. This is because you can send GBP to them from Nigeria instantly, regardless of the country they are domiciled in.
So, for example, you can send GBP to your business partner in Kenya with the GreyTag option if they use Grey. Learn more about how it works here.
How to Send USD from Nigeria
If you happen to transact a lot in USD as a Nigerian, you might have to make a transfer by sending USD from Nigeria to anywhere. Whether it’s to a domiciliary account or an account in the United States, here’s how to do this with your Grey account;
Choose to either send with GreyTag or to a new recipient
With a GreyTag, you can instantly send USD to their Grey account. Unfortunately, you can only send USD to Nigerian-domiciled bank accounts when sending to a new recipient.
If you choose this option, you’d be required to enter their bank details and the amount.
Verify and complete the transaction.
On Mobile
Log in to your Grey mobile app.
Make sure on your dashboard the currency displayed is the United States Dollar.
Tap on the ‘Send Money’ button underneath your balance
Choose to either send via GreyTag or to a new recipient. With a GreyTag, you can instantly send USD to their Grey account.
Unfortunately, you can only send USD to Nigerian-domiciled bank accounts when sending to a new recipient.
If you choose this option, you’d be required to enter their bank details and the amount.
Verify and complete the transaction.
You can always track this transaction under ‘Transactions” or review the details in your Grey account statements.
With Grey, sending GBP and USD is fast, secure, and reliable for individuals and businesses alike. So whether you’re sending money to the United Kingdom or the United States, Grey’s web and mobile apps make the process simple and straightforward. Sign up today to start making these seamless transfers.
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