Trusted by 3M+ people around the world
GOOGLE PLAY •22K REVIEWS
APP STORE • 12K REVIEWS
Naira to rupees, for hospitals and for suppliers
Two kinds of payment dominate this route. The first is medical: a deposit for a procedure at a hospital in Chennai, a follow-up consultation in Mumbai, a package quoted in rupees by a specialist in Delhi. The second is trade. Importers in Onitsha, Aba and Kano buy pharmaceutical stock, generic drug consignments and industrial machinery from Indian manufacturers, and the invoice is settled in rupees.
Grey handles both the same way. Your balance converts to INR at a rate you see first, and the money lands at SBI, HDFC Bank, ICICI Bank, Axis Bank, Punjab National Bank, Bank of Baroda or Kotak Mahindra Bank as an ordinary rupee credit. A UPI ID works just as well, reaching your recipient through Google Pay, PhonePe or Paytm. From a funded balance it typically takes minutes.
Sending to India in three steps
Sign up
Download Grey, scan your NIN slip, BVN or international passport, and take a selfie. Verification usually finishes in a few minutes and the account costs nothing to open.
Fund
Move naira in by bank transfer from GTBank, Access Bank, Zenith Bank or Kuda. If a foreign client pays you in dollars, that balance can fund the Indian transfer without touching naira at all.
Send
Enter the Indian account number and IFSC code, or a UPI ID. Grey quotes the rupee figure and the fee together, and the transfer goes out when you confirm.
What a naira to rupee transfer really costs
Grey splits the cost into two visible numbers before anything leaves your balance: the NGN to INR rate and the fee applied to the conversion. Nothing is recovered afterwards from the rupees your recipient receives.
The comparison worth running is not fee against fee. It is the rupee figure one provider will deliver against the rupee figure another will deliver for the same naira. Grey puts that figure on screen while you can still change your mind.
The rate you confirm is the rate you get
When a hospital in Delhi gives you a rupee total and a date, an approximate transfer is no use to anyone. You have to commit to a number.
Grey fixes NGN to INR at the moment you confirm. The rupee amount on the quote is the rupee amount credited, whether the payout clears in two minutes or waits on a routine check.
Why a rupee payout beats a dollar wire
A Nigerian bank sending to India routes the money through dollars, which means two conversions, two margins and a settlement window measured in working days. Grey prices the route as a single leg, NGN to INR, and the Indian bank receives rupees it does not have to convert again.
What your recipient in India sees
An ordinary INR credit. The hospital accounts office or your supplier sees rupees arrive from a local bank, with nothing to download and no Grey account to open.
Straight to the account
INR credited at SBI, HDFC Bank, ICICI Bank, Axis Bank or Punjab National Bank against the account number and IFSC code.
Or to a UPI ID
Enter a UPI ID instead and the rupees reach them through Google Pay, PhonePe or Paytm.
Free between Grey users
If they also use Grey, a GreyTag transfer costs nothing and lands instantly.
Before your first Indian transfer
Have the beneficiary details to hand and the naira already on Grey. Indian banks reject transfers where the account number and the IFSC code disagree, so check both against the hospital invoice or the supplier proforma.
Naira by bank transfer
From any Nigerian bank into your Grey account, usually visible within minutes.
Foreign currency you already hold
USD, GBP or EUR on Grey can settle an Indian invoice without a naira conversion.
A funded balance
Money already on Grey converts and leaves in the same minute.
Save the Indian beneficiary once and the next treatment instalment or supplier payment is three taps from Lagos, Abuja or anywhere else in Nigeria.
What Nigerians send to India for
Hospital treatment
Deposits, procedure balances and follow-up costs at hospitals in Chennai, Mumbai and Delhi.
Pharmaceutical imports
Payments to Indian drug manufacturers and distributors supplying pharmacies and wholesalers across Nigeria.
Machinery and spares
Industrial equipment, generators and replacement parts bought by traders in Onitsha, Aba and Kano.
Students and patients' families
Living costs for Nigerians studying in India and for relatives staying near a hospital during a course of treatment.
The India route is heavier than most out of Nigeria, and two groups carry it: families paying for treatment and businesses paying for stock. Both need the rupee figure to be exact.
Why this route works on Grey
Treatment runs in instalments and supply runs in cycles. The transfer you make to India today is rarely the last one, so what matters is whether the rate and the fee behave the same way every time.
One conversion from naira, the rate fixed when you confirm, rupees delivered to an Indian bank account or a UPI ID.
FAQs
What currency does my recipient in India receive?
Indian rupees. Grey converts your Nigerian balance to INR and pays it into an Indian bank account or a UPI ID as a local credit.
Can I pay an Indian hospital bill directly from Nigeria?
Yes. Enter the hospital account number and IFSC code as the beneficiary, confirm the rupee total, and the payment arrives as a domestic INR credit.
Do I need the IFSC code?
Yes for a bank payout. Indian banks match the account number against the IFSC code, and a mismatch is the usual reason a transfer is returned.
Can I send to a UPI ID instead?
Yes. Enter the UPI ID and the rupees reach your recipient through Google Pay, PhonePe or Paytm rather than a bank account number.
How do I get naira onto Grey before a hospital deposit is due?
Transfer naira from GTBank, Access Bank, Zenith Bank, First Bank, UBA or Kuda into Grey, then convert to rupees when the hospital confirms the figure.
Can an importer in Onitsha pay an Indian supplier this way?
Yes. Enter the supplier bank details from the proforma invoice and Grey delivers rupees to their Indian account without a separate business account.
Does a Chennai hospital need a Grey account to take my deposit?
No. The hospital receives rupees into its ordinary Indian bank account against the IFSC code, and never registers with Grey.
Will the rupee figure still match my supplier’s invoice when it lands?
Yes. The NGN to INR rate is fixed when you confirm, so an importer in Onitsha pays the exact rupee amount invoiced.
How long does the money take to arrive?
Transfers sent from a funded Grey balance typically arrive within minutes, whether they go to a bank account or a UPI ID.
What do I need to open a Grey account in Nigeria?
A valid identity document such as your NIN slip, BVN or international passport, plus a selfie. Opening the account is free and takes about five minutes.
Can I send dollars I earn from foreign clients?
Yes. Dollars held on Grey convert straight to rupees, so freelancers paid abroad can skip the naira leg entirely.
Get digital banking
at your fingertips
