Send money to Nigeria from the United States
Grey sends money from the US to Nigeria directly to any major Nigerian bank account. The live USD to NGN rate and total fee are shown before you confirm. GTBank, Access Bank, Zenith Bank, UBA, First Bank, and all major Nigerian banks are supported. Withdrawal fee is N35 flat via NIBSS. Grey is a licensed financial services provider, regulated by FinCEN.
USD
NGN
-
Trusted by 3M+ people around the world
GOOGLE PLAY •22K REVIEWS
APP STORE • 12K REVIEWS
Send money to Nigeria, straight to any bank account
When you send money to Nigeria through Grey, the transfer lands directly in your recipient's bank account in naira. GTBank, Access Bank, Zenith Bank, UBA, First Bank, Sterling Bank, Fidelity Bank, FCMB, and all other major Nigerian banks are supported. Enter the account number, confirm the rate and fee, and send.
Your recipient does not need a Grey account. The naira arrives in their banking app typically within minutes of you confirming. No agent, no branch, no waiting for a wire to clear across borders.
The total cost of a transfer is the fee and the exchange rate together. Some services advertise zero fees but mark up the rate. On a $1,000 transfer, a 2% rate markup costs more than a $20 fee. Grey shows both numbers on the same screen before you tap Send.
How to send money to Nigeria from the United States
Sign up
Open a free Grey account on your phone in under five minutes. Verify your identity with a valid US government-issued ID. Grey Inc is regulated by FinCEN.
Fund
Add money from your US bank account via ACH transfer or wire, or send directly from your existing Grey balance.
Send
Enter your recipient's Nigerian bank account number and the bank name. Confirm the live USD to NGN rate and fee. Send. The naira typically arrives within minutes.
How much does it cost to send money to Nigeria
Every transfer from the US to Nigeria involves two costs: the visible fee and the exchange rate margin. Most services hide their margin in the rate, so a transfer advertised as zero fees can quietly cost more than one with a transparent fee.
The exchange rate is usually the bigger factor on larger transfers. Grey's swap fee on NGN is capped at USD 6 regardless of the transfer amount. A provider advertising no fee but applying a 2% rate markup costs more than one charging USD 5 with a rate close to the mid-market.
Grey shows the fee and the exchange rate separately before you tap Send. The naira amount your recipient will receive is on screen before you confirm. The rate shown is the rate applied. There are no adjustments after the fact.
How exchange rates work: USD to NGN
The USD to NGN exchange rate has been one of the more volatile corridors in recent years. That makes rate transparency especially important here. On a USD 500 transfer, a 1% difference in the rate changes what your recipient receives by thousands of naira. On monthly remittances, that gap is significant.
Grey shows the live USD to NGN rate before you confirm. The rate on screen is the rate applied. No adjustments after you send.
Grey charges a 1% conversion fee capped at $6, and a flat N35 withdrawal fee via NIBSS. Both are shown alongside the exchange rate before you commit. That is the complete cost.
How fast is each provider?
Grey delivers to Nigerian bank accounts within minutes from a funded balance via NIBSS. Wise typically settles in 1-2 business days. Western Union offers agent pickup but at a higher total cost. Bank wires are the most expensive and slowest option for most transfer amounts to Nigeria.
What your recipient sees in Nigeria
Your recipient does not need a Grey account. The naira arrives in their Nigerian bank account as a standard NGN credit via NIBSS, the same way any domestic bank transfer would appear.
Bank account delivery
Grey sends to all major Nigerian banks including GTBank, Access Bank, Zenith Bank, UBA, First Bank, Sterling Bank, Fidelity Bank, and FCMB. Enter the 10-digit NUBAN account number in the Grey app. Withdrawal fee: N35 flat.
Transfer speed
Transfers from a funded Grey balance typically arrive within minutes via NIBSS. If funding via ACH, allow 1-2 business days for the deposit to reach your Grey balance first.
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 Nigeria for the first time or the fiftieth, Grey gives you three funding options
ACH transfer
Link your US bank account and fund via ACH. It is typically the lowest-cost deposit method. ACH transfers take 1-2 business days to reach your Grey balance. Fee: 0.8% of the deposit amount, minimum $2.
Wire transfer
Fund via domestic wire from your US bank. Grey receives wire funds the same day. Your bank may charge its own wire fee separately.
Grey balance
If you already hold USD in your Grey balance, you can send without waiting for a deposit to clear. Fund your balance in advance and transfers go out immediately.
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 Nigeria for every reason that matters
Family support
A Nigerian professional in New York covering his parents' monthly expenses in Lagos. A nurse in Texas sending money to family in Abuja every month. A family in Maryland supporting siblings in Port Harcourt. Given NGN rate movements, using a provider that shows the live rate before confirmation is not optional on this corridor.
Housing and property
Paying rent on a property in Lekki from a salary in Houston. Contributing to a land purchase in Enugu. Covering maintenance on a home in Ibadan while working abroad. On larger transfers, the cap on Grey's conversion fee at $6 means the effective cost drops as the amount rises.
Education
A parent in Atlanta covering university fees in Lagos. A family in New Jersey sending monthly allowance to a student in Ile-Ife. School fees in Nigeria are typically denominated in naira and due on fixed dates, which makes rate stability on the day of transfer matter.
Business payments
A US company paying a Nigerian supplier or contractor in naira. A client settling invoices with an Abuja-based agency. Grey supports payments to all major Nigerian banks without requiring a separate business account.
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 Nigeria from the United States
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 to Nigeria from the US?
Transfers from a funded Grey balance to Nigerian bank accounts typically arrive within minutes via NIBSS. If funding via ACH, allow 1-2 business days for the deposit to reach your Grey account first.
Can I send money to any Nigerian bank account from the US?
Yes. Grey supports transfers to all major Nigerian banks including GTBank, Access Bank, Zenith Bank, UBA, First Bank, Sterling Bank, Fidelity Bank, and FCMB via NIBSS.
What is the fee for sending money to Nigeria from the US?
Grey charges a 1% conversion fee on USD to NGN transfers, capped at $6 regardless of the transfer amount. The bank withdrawal fee is N35 flat. The ACH deposit fee is 0.8% of the deposit amount, minimum $2.
What is the USD to NGN exchange rate today?
The live USD to NGN rate is shown inside the Grey app before you confirm your transfer. Grey does not adjust the rate after you send. The rate at the time of confirmation is the rate applied.
Why is Grey's conversion fee for Nigeria capped at $6?
NGN is classified as a Group A currency in Grey's fee structure, which applies a 1% conversion fee capped at $6. On a $1,000 transfer, the effective conversion fee is 0.6%, not 1%. The cap makes larger transfers cheaper as a percentage.
Is Grey safe for sending money to Nigeria?
Grey Inc is registered with FinCEN, the US financial intelligence and regulatory agency. Grey is a licensed financial services provider regulated under US financial regulations. All transfers are processed through established banking channels.
Does my recipient need a Grey account to receive money in Nigeria?
No. Your recipient does not need a Grey account. The naira arrives in their Nigerian bank account as a standard NGN credit via NIBSS, the same way any domestic bank transfer would appear.
How much can I send to Nigeria from the US?
The per-transaction maximum for NGN transfers is N2,000,000. Daily limit is $10,000 and monthly limit is $30,000. Minimum transaction amount is N100.
Is it cheaper to send money to Nigeria with Grey or Western Union?
Grey's total cost is typically lower. Western Union charges both a visible fee and a marked-up exchange rate. Grey charges a 1% conversion fee capped at $6 and a N35 flat withdrawal fee, both shown before you confirm.
Can I send money to Nigeria from a Grey balance?
Yes. If you hold USD in your Grey balance, you can send to Nigeria without waiting for a bank deposit to clear. Transfers from a funded Grey balance typically arrive within minutes.
What is NIBSS and how does it work for Nigeria transfers?
NIBSS is Nigeria's National Interbank Settlement System, the domestic infrastructure that processes bank-to-bank transfers in naira. Grey routes Nigeria transfers through NIBSS, which delivers to all major Nigerian banks typically within minutes.
Get digital banking
at your fingertips
