How to Avoid Extra Charges When Sending Money to Nigeria?

Friends are essential part of life. They support through thick and thin. So when they need financial support you have to support them. You need money transfer services if your friend is living abroad and is in trouble. If you want to send money to Nigeria it is better to prefer online services. In that situation, you need assistance from a company that can quickly transfer your money. Here is how you can help your friend in trouble.

What Is Best Option for Sending Money to Your Friends?

Traditional ways of transferring money like using banks and companies for money transfer to Nigeria are on top priorities of most of the people. It is because they consider them a safe way to send money to their friends. But the fact is that using these ways you not only loss your money, but your friend also has to wait for money. These companies charge high money transfer fees.

Let’s take example that you are going to sell a property in one country and buying another property in another country. For this purpose, you need to transfer money. Let’s say it is about $300000 and you need to transfer it from Sydney to San Francisco. You will be surprised to hear that they charge about 13%. Banks charge at least 7% on average. So we can say that for $300,000 you pay $10,500.

Why it is Right to Send Money Online?

Best way to transfer money to your friend is using online money transfer providers. They give you some extra advantages. They provide you with fast, easy money transfer services. This is a very safe way to use. Moreover, it is not so tough to send money online as there is no need to provide so much information.

What are the Benefits of Using Credit and Debit Card?

A debit card allows you to spend money from your checking account without using checks. When you use a debit card for making payment money comes out of your account instantly. When you do not have credit card, you can make online money transfer to Nigeria using debit card. Having a rewards credit card is the best thing you can have. But it works best when you avail money transfer services form agents or companies other than banks. If you use banks for money transfers, you may have to face higher interest rates and transfer fees.

Final Thoughts

It is a fact the money transfer is all about hidden charges and poor exchange rates. But you can avoid these issues if you compare services from different providers and then chose the one providing services according to your needs. If you want to send money to Nigeria online, ACE Money Transfer is one of the best online service providers. They provide you services at the best exchange rate and charge low transfer fees. They also have a convenient mobile application so that you can make a transfer from your phone. Try their services and get your money transferred to your loved ones.