Explained

How to avoid paying a hefty fee to wire money to Nigeria

November 16, 2020
Money transfer plays an essential role in one’s life. When it comes to transferring money from one country to another, high remittance costs hampers the entire process. High remittances costs affect not only the individual who is sending money but also particularly for the country as high remittances can disrupt its economy.

Remittances can be a boost for industrialization and can complement debt financing for investment purpose. Nigeria is the largest receiver of the amount of money sent by immigrants of Sub-Saharan Africa. It increased to 10% to records of $41 billion in 2017. High remittances costs hamper domestic savings. The hefty fee to wire money to Nigeria is wrong and does not make any sense because it is basically just a waste of money.

Also, this money of remittance can be used for serving various purposes like enhancement of industries, the advancement of new technologies, combating money laundering and financing of terrorism. Nearly 6 to 10% remittance fees is unreasonable.

Wire money to Nigeria for cheap remittance using N2Xpress

N2Xpress is one of the most exclusive and convenient methods of making money transfer to Nigeria. It is ultra-fast and regarded as one of the best global money transfer and bill payment service provider. N2Xpress provides its users with a high level of security and safety.

It involves strict profile verification and encrypted transaction in order to ensure safety to your money transfer process. N2Xpress provides you with amazing and transparent services along with the cheapest transmission fee.

  • Create your account and submit government issued identification documentation.
  • Add your beneficiary, then fill your payment details and make a transaction to your beneficiary.
  • You can track your payment procedure through emails. You also receive a transaction receipt via email.

The best part about N2Xpress is that it is a properly online process and it saves the sender from paying hefty transmission fees.

N2Xpress is a digital platform for transferring money from one country to another. N2Xpress is regarded as one of the safest gateways of money transactions. With this help of this secure and transparent platform, you can easily transfer money to your family members, friends, acquaintances and business associates in no time and without any worries.

 


Send more than money.