Send money to Europe from Nigeria
Grey lets you send money from Nigeria to Europe directly from your NGN balance. The live NGN-to-EUR rate and total fee are shown before you confirm. Deutsche Bank and other major institutions are supported. Transfers from a funded Grey balance typically arrive within minutes. Grey operates through CBN-licensed banking partners.
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Send money from Nigeria to Europe, straight to any bank account
When you send money from Nigeria through Grey, your NGN balance converts to EUR at the live rate and lands directly in your recipient's bank account. Deutsche Bank, BNP Paribas, Santander Spain, ING Netherlands, and all major European banks are all supported. Confirm the rate and fee, and send.
Your recipient does not need a Grey account. The EUR arrives typically within minutes. No branch visits, no intermediary banks, no delays at the other end.
The total cost of a transfer is the fee and the exchange rate together. Some services advertise zero fees but mark up the rate. Grey shows both numbers on the same screen before you tap Send.
How to send money to Europe from Nigeria
Sign up
Open a free Grey account on your phone in under five minutes. Verify your identity with a valid Nigerian ID. Grey operates through CBN-licensed banking partners.
Fund
Fund your Grey NGN balance via bank transfer or Direct Debit from your Nigerian bank account, or send directly from an existing Grey balance.
Send
Enter your recipient's IBAN. Confirm the live NGN-to-EUR rate and fee. Send. The money typically arrives within minutes via SEPA.
How much does it cost to send money to Europe
Every transfer from Nigeria to Europe involves two costs: the conversion fee and the exchange rate margin. Grey shows both before you confirm. The EUR amount your recipient receives is on screen before you tap Send. NGN-to-EUR is a Group A currency pair, which means Grey's conversion fee is capped at $6 regardless of the transfer amount.
How exchange rates work: NGN to EUR
The NGN-to-EUR exchange rate determines how much your recipient receives. On a large NGN transfer, a 1% difference in the rate is meaningful. Grey shows the live rate before you confirm. The rate on screen is the rate applied.
Grey charges a conversion fee of 1%, capped at $6. The withdrawal fee is 0.5% min €2 cap €10. Both are shown alongside the rate before you commit. That is the complete cost.
Some providers advertise zero fees but recover their margin through the exchange rate. On a large transfer, a 2% rate markup costs more than a visible fee would. Grey separates both so the total cost is clear before you send.
How fast is each provider?
Grey delivers to European bank accounts via SEPA or SEPA Instant typically within minutes from a funded balance. SEPA covers all 30 supported European countries. Transfers are tracked in the Grey app.
What your recipient sees in Europe
Your recipient does not need a Grey account. The EUR arrives as a standard credit in their bank account. It appears the same way any local transfer would.
SEPA bank transfer
Grey sends to all major European banks across 30 countries via SEPA. Enter your recipient's IBAN in the Grey app. Withdrawal fee: 0.5% of the transfer amount, minimum €2, capped at €10.
SEPA Instant
SEPA Instant settles in under 10 seconds where available. Standard SEPA transfers arrive within minutes. Both cover the same 30 European countries.
GreyTag transfers
If your recipient has a Grey account, send via GreyTag instead. GreyTag transfers are free and arrive within seconds, in any currency.
Ways to fund your transfer
Whether you are transferring money to Europe for the first time or the fiftieth, Grey gives you three funding options
Grey balance
If you already hold USD, GBP, or EUR in your Grey balance, you can send without a deposit step. Fund your balance in advance, and transfers go out immediately.
Bank transfer
Fund via bank transfer from your Nigerian bank account. Grey supports deposits from all major Nigerian banks.
Direct Debit
Fund via Direct Debit from your Nigerian bank account. Fee: 0.5% + N60. The fastest way to top up your Grey NGN balance.
Which option is cheapest? Grey displays the fee for each funding method before you confirm, so you can compare and choose. There is no penalty for switching between them.
Send money to Europe for every reason that matters
Support family in Europe
A parent in Lagos covering their child's living expenses in Germany. A family in Abuja sending monthly support to a daughter studying in France. A professional in Lagos helping a sibling settle into the Netherlands. Grey supports transfers to 30 European countries in a single app.
School fees and tuition
Paying tuition at a German university from a salary in Lagos. Covering semester fees for a student in Paris. Sending school allowance to a student in Italy every month. Grey shows the NGN amount debited and the EUR amount received before you confirm.
Business and European suppliers
A Lagos-based business paying a European supplier or agency in euros. A Nigerian company settling invoices with a German or French partner. A startup in Abuja paying for European services and software. Grey supports EUR transfers via SEPA to any of 30 European countries without a separate business account.
Fund your European account
A Nigerian professional with a European bank account funding it from Nigeria. Moving money between your NGN Grey balance and your EUR account. Managing currency across borders as an international professional. Grey shows the exact EUR amount before you send.
Your reasons may be different, but the need is the same: the money has to get there, the cost has to be clear, and the app has to work the same way it did last month. Do it all on Grey, with the rate and fee shown before every transfer.
Best way to send money to Europe from Nigeria
A global money app you can actually trust
Over 3 million people across 80+ countries use Grey to move money across borders. Your transfers are protected with bank-grade encryption, and every payout is tracked end-to-end. You'll know exactly when the money lands, and so will the person receiving it. If you have any questions, our support team is one tap away.
FAQs
How long does it take to send money from Nigeria to Europe?
Transfers from a funded Grey balance to Europe typically arrive within minutes. Fund your NGN balance in advance for the fastest transfer.
What is the fee for sending money from Nigeria to Europe?
Grey charges a 1% capped at $6 conversion fee on NGN to EUR transfers. The withdrawal fee is 0.5% min €2 cap €10. Both are shown before you confirm.
What is the NGN to EUR exchange rate today?
The live NGN to EUR rate is shown inside the Grey app before you confirm your transfer. The rate at the time of confirmation is the rate applied. Grey does not adjust the rate after you send.
How do I send money from Nigeria to Europe with Grey?
Open a Grey account, fund your NGN balance via bank transfer or Direct Debit, confirm the live NGN to EUR rate and fee, enter your recipient's details, and send. The money typically arrives within minutes.
Does my recipient need a Grey account to receive money in Europe?
No. Your recipient does not need a Grey account. The EUR arrives in their bank account as a standard credit.
Is Grey safe for sending money from Nigeria to Europe?
Grey operates through CBN-licensed banking partners in Nigeria. Grey is a financial technology company, not a bank. All transfers are processed under Nigerian financial regulations.
How much can I send from Nigeria to Europe?
The daily limit is $10,000 equivalent and the monthly limit is $30,000 equivalent. Limits are shown in the Grey app before you send.
Why is Grey's conversion fee for Nigeria to Europe capped?
NGN to EUR is a Group A currency pair. Grey's conversion fee is 1%, capped at $6 regardless of the transfer amount. On a large transfer, the effective fee percentage drops below 1%.
Can I send money from Nigeria to Europe from a Grey balance?
Yes. If you hold NGN in your Grey balance, you can send to Europe without waiting for a new deposit. Transfers from a funded balance typically begin within seconds.
What currencies can I send from Nigeria with Grey?
Grey supports NGN to USD, NGN to GBP, NGN to EUR, and NGN to KES transfers. The conversion happens automatically at the live rate shown in the app before you confirm.
What happens if my transfer from Nigeria to Europe is delayed?
Most transfers from a funded Grey balance arrive within minutes. If your transfer is taking longer than expected, check the transaction status in the Grey app. Contact Grey support if the delay exceeds 24 hours.
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