Why is Sendwave not sending money to Nigeria?

Unfortunately, no, for now we are unable to send to Naira accounts. This is due to a directive from the Central Bank of Nigeria on Nov 30th that required all remittances to be paid out in USD and is beyond Sendwave’s control. We hope that at some point in the future, we will again by able to send to Naira accounts.

Why can’t I send money to Nigeria in naira?

Because of a recent change in regulation by the Central Bank of Nigeria, we’re no longer able to support transfers to NGN. Here you’ll find answers to the most common questions about Nigerian naira (NGN) transfers. You can’t currently send money from NGN.

Can Sendwave send money to Nigeria?

Sendwave allows you to make instant, affordable money transfers from countries in North America and Europe (USA, UK, Canada, France, Italy, Spain, and Ireland) to countries in Africa (Kenya, Uganda, Tanzania, Ghana, Nigeria, Senegal, and Liberia) and Asia (Bangladesh and Sri Lanka).

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Is Wave Money Transfer in Nigeria?

Get N5 for Every Dollar you Receive via SendWave

SendWave money transfer service allows senders in the diaspora to safely and instantly send money from North America and Europe to numerous countries across Africa and Asia, to family and friends in Nigeria.

How much is Sendwave rate to Nigeria?

However, because Sendwave doesn’t charge any fees and WorldRemit charges US$9.99, Sendwave is the most cost-effective provider for this transfer.

Sending US$500 to Nigeria.

WorldRemit Sendwave
Transaction cost US$509.99 US$500
Exchange rate 1 USD = 353.23 NGN 1 USD = 352 NGN
Transfer speed Instant Instant

How much is $100 US in Nigeria?

Are you overpaying your bank?

Conversion rates US Dollar / Nigerian Naira
10 USD 3880.00000 NGN
20 USD 7760.00000 NGN
50 USD 19400.00000 NGN
100 USD 38800.00000 NGN

How can I send money from USA to Nigeria?

How to Send Money to Nigeria from USA

  1. Select the type of service and amount you want. Choose a money transfer or airtime top up, then enter the amount you want to send. …
  2. Tell us where you want the money to go. …
  3. Tell us whether you want to make the payment with a debit card or by ACH and submit your transaction.

Does SendWave ask for SSN?

This includes information about yourself, such as your full legal name, address, date of birth, telephone number, email address, last four digits of your social security number (if a U.S. Citizen), as well as other information and/or documentation that will allow us to verify your identity.

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How can I open a dollar account in Nigeria?

How to open a US dollar bank account in Nigeria

  1. A completed application form.
  2. A copy of your ID (driver’s license, International passport, National I.D Card, or any other acceptable ID by the bank)
  3. A passport photograph.
  4. Completed reference forms.
  5. A utility bill issued within the last 3 months.

How do you increase SendWave limit?

When you first create your SendWave account, you will be limited to sending $999 per day and $2,999 per month. You can raise your limits by providing more verification and documents needed to confirm your identity. If your account is 100% verified, you will be able to send up to $2,999 per day and $12,000 per month.

What is SendWave exchange rate?

With SendWave, you get GHS 5.64 per USD 1. At the time of writing, the mid-market rate for USD to CFA was USD 1 for CFA 550.18. With SendWave, you get CFA 530.5 per USD 1. These are moderate exchange rates compared to what you’ll get from other money transfer services.

How do I send money to Ghana SendWave?

How to Send Funds from the USA to Ghana using SendWave

  1. Login to your account.
  2. Choose the ‘Send Money’ option.
  3. From the list of countries provided, choose ‘Ghana’
  4. Select your means of transaction (be it MTN Mobile Money or AirtelTigo Cash)
  5. Enter the phone number of your relative.

How do I send money to Kenya SendWave?

How to send money with Sendwave

  1. Download the Sendwave app for iOS or Android and register for a free account.
  2. Enter debit card information.
  3. Verify your identity.
  4. Enter recipient name and phone number.
  5. Send.
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How can I send pounds to Nigeria?

How do you send a bank transfer to Nigeria?

  1. Select ‘Bank Transfer’ as the preferred service.
  2. Select the bank.
  3. Enter the amount you want to send.
  4. Check the low fees and the exchange rate you’ll receive upfront.
  5. Enter your recipient’s details.

Does Sendwave work in UK?

Trusted by over 600k users, Sendwave is operated by Chime Inc. and is authorized to transmit money in the US, Canada, the UK and the EU.