Scams in Online Money Transfer to Nigeria & How to Avoid Them?

Thanks to the latest methods through which one can send money to Nigeria, people can now carry out transactions with ease and convenience.

There are several commendable service providers like ACE Money Transfer in the market that has made the process extremely simple and hassle-free for their clients.

On the one hand, this means that people living abroad can now rely on the online money transfer system to send money to their loved ones and family members back home.

But at the same time, there are some blackfish in the market that misuse this opportunity and scam people. The people are robbed of their hard-earned money and sometimes have to incur substantial monetary loses.

Here are a few of the most common scams related to money transfer to Nigeria, you should be aware of so that you do not fall prey to such dirty tactics:

Online Way to Transfer Money

Another common way of scamming people through money transfer service is to call innocent people and tell them that they have won a lottery or some prize money.

The amount one has won is usually very high. This way, the customers become interested in the deal.

The person on the other end then demands that he is sent some money through an online money transfer so that the prize can be guaranteed. People send money and never receive the amount.

Online Dating
This type of scam is pulled pretty much the same way as the online shopping one. Innocent people start dating someone online.

Their seemingly genuine and loyal online lovers are not as simple and straightforward as they may seem to be. After a few weeks or months of dating, they ask the people to send money online as they are facing some financial crisis or difficulty.

The people, madly in love, send the money. This amount can be a small one or in some cases, can also add up to be a lot. As soon as the online lovers receive the money, the love disappears, and so does the lover. That does not only leave the person sending the money heartbroken but also robs him of his precious and hard-earned money.

Fake Charities
Another way through which people are scammed and asked to send money to Nigeria online abroad is through fake charities. It is common for people to receive calls from these “established” NGOs and charities working for noble causes.

They ask the people for charities, and people out of the goodness of their hearts send them money. But in reality, they are nothing but fake scammers that take the money and never put it to good use.

Precautions to Take When Sending Money to Nigeria
In the modern era, the process to send money to Nigeria is as convenient and straightforward as possible.

It is one of the reasons why many people are now comfortable carrying out international money transfers and thus take the hard decision of leaving their home country and move abroad so they can find better means of living.

Thanks to money transfer service providers, one can now be sure that the money he is sending will reach the destination:

They pretended to be the best and put the customer’s interest before everything else, but in reality, their sole goal is to gain a maximum monetary advantage.

They do not value the customer at all. Here are some precautionary measures that should be taken into consideration whenever you send money online so you can be sure that you are not being misguided or looted:

Do Some Research Beforehand

The choice of the service provider to send money to Nigeria is a serious decision that requires close attention and consideration. Pay attention and do thorough research before you finalize this choice.

Visit different money transfer to Nigeria service providers, talk to them and compare their service standards, so you have some background information about them.

Check Customer Reviews

Customer feedback and reviews are a clear reflection of a service provider’s service quality standards. Whenever you are researching online money transfer service provider, make sure you check their reviews online.

Customer reviews are readily available on the official website of the service provider and can also found on other online platforms. It will give you a comprehensive insight into the performance of the company.

Speak to The Service Provider Directly

Now that you have done the background check and have acquired the necessary information about the company you are about to ask for help to send money to Nigeria online, it is time to get in touch with the service provider directly.

It would help if you visited the nearest office of the service provider so you can speak to their customer service team. If not possible, you can always do this via a phone call as well.

During this meeting or phone call, discuss everything in detail. One of the factors that should bring up is the cost of the process to send money globally to Nigeria. This way, you will be sure that you are not subject to unnecessary transfer fees and other hidden charges.