The Best way to Send Money to Nigeria
SanaTransfer offers remittance services that easily make it the best way to send money to Nigeria. Here's how it works.
Every year, thousands of Nigerians migrate to Canada in search of greener pastures. Hence, it has become essential for these migrants to send money back to Nigeria after settling in. If you are a Nigerian living in Canada, and you're seeking the best way to send money to Nigeria, SanaTransfer is the best option for you. Essentially, this transfer platform provides you access to an easy, convenient, affordable, and fast way to remit funds internationally.
What is Sana?
SanaTransfer is an international remittance service provider, for people living in Canada. Essentially, with this platform, anybody in Canada can send money to more than 70 countries globally in their individual local or international currencies. This product aims to facilitate the whole process of inter-border transfer, thereby making it cheaper and easier for people to execute.
SanaTransfer enables instant cash transfers for both people and businesses in Canada, promoting global eCommerce by making it possible to send cross-border payments from Canada to other continents in the world. This helps to improve the lives of Canadian immigrants as well as their loved ones and eliminates expensive and complicated payments for businesses.
How does SanaTransfer work?
Currently, SanaTransfer is the best way to send money to Nigeria. To use this international transfer platform, you have to create an account first. Here’s how the SanaTransfer platform works:
Step 1: Create an Account or Sign up on SanaTransfer Online
Download the app for Android or iOS and sign up on the SanaTransfer platform for free. You need to authenticate your account by verifying your identity before you can initiate a transfer. Remember to fund your wallet too.
Step 2: Initiate a Transfer
Navigate to “Send Money” on your account dashboard to initiate a transfer. Proceed to choose from either cash pickup, bank transfer or mobile money options.
Step 3: Provide the Recipient details
Input the amount of money you’d like to transfer and our exchange rate calculator will automatically display the equivalent amount that will be received by the recipient. Follow the prompt till the end and click send.
Step 4: Track your Transfer in Real-time
Track the journey of the payment you initiated from start to finish. You can check the transaction status through the SanaTransfer mobile app.
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Best ways to Send Money to Nigeria
The best way to send money to Nigeria is by using the SanaTransfer remittance service. Typically, you will enjoy fast, easy and convenient international transactions at affordable rates. You can either send money online or through the mobile app. Here are some delivery methods that SanaTransfer offers users:
1. Bank Deposit
The SanaTransfer bank deposit option allows you to experience better and cheaper exchange rates and lower transaction fees compared to many traditional banks. Essentially, when you transfer money using this option, it is deposited directly to the account of your recipient in Nigeria in less than 5 minutes. However, on rare occasions, this transaction can take less than 48 hours.
How to transfer money using the Bank Deposit method on SanaTransfer
You can send money directly to your recipient’s bank account in 3 easy steps.
- Initiate a transfer by navigating to the wallet tab you can find on your account. After this, select “send money”.
- Next, choose the “bank deposit” option and provide the required information about your recipient.
- The money will be locally delivered. Your recipient will then receive the money in their account in less than 24 hours.
2. Cash Pickup
The cash pickup option enables you to send funds to any of the globally approved SanaTransfer cash pickup agents 24/7. Once you send the cash, the recipient has to go to a SanaTransfer agent location with their valid photo ID as well as the transfer reference number to obtain their cash. This service covers even the most remote areas in Nigeria. If your recipient doesn't have an active bank account, this is the most suitable option for you.
3. Mobile Money
The SanaTransfer mobile money service enables you to transfer funds directly to the mobile phone of your recipient. It is just like an electronic wallet service that serves as a great alternative to regular bank accounts. This service is available for both smartphones and basic features mobile phones.
How to Transfer Money using the Mobile Money Feature on Sana
Take these steps to transfer money using the Mobile Money method:
- Create your SanaTransfer account by signing up on the web platform or app with your email address.
- Initiate a transfer by choosing the “send money” option. You can find this option on your wallet or dashboard.
- Select the “mobile money delivery” option.
- Supply the necessary information for your recipient and ensure that you cross-check for any mistakes.
- Review your transfer and confirm it. The money will be sent to your recipient’s mobile wallet in less than 48 hours.
How long does a Transfer take to get to Nigeria?
Transfers with SanaTransfer take less than 48 hours to get the recipient in the destination country no matter the delivery method you use.
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How much Transaction Fee will I be Charged for Cash Transfers?
The SanaTransfer platform charges you a total of 0% fees on the amount of money you send for every transfer you execute. Note that your actual transfer fees may differ depending on the destination country, currency, as well as your delivery method.
How can I Track my Transactions?
To track your fund's transaction in real-time, follow these steps:
1. Log into your SanaTransfer account
2. Next, select the “Recent Transactions” option you find on your dashboard.
3. You will see the status of your transaction
Can I send money to Nigeria without a Bank Account?
Yes, you can use SanaTransfer to send money to Nigeria even if the recipient doesn't have a bank account. Just use the Cash pickup method to execute your transaction. Your recipient will receive the money from one of Sana’s agents in Nigeria.
How to Choose the Best Money Transfer Service provider to send money to Nigeria
When selecting a money transfer service provider to send money to Nigeria, you need to consider the cost of the transaction, the turnaround time, as well as how you would prefer your recipient to get the funds. Here are some other things to take note of:
1. Exchange Rates
Banks and some other transfer services make use of the mid-market rate to trade funds with one another. So it is important to compare the exchange rate of the platform you want to use before initiating your transaction. Fortunately, the SanaTransfer platform offers you a better and cheaper exchange rate than most conventional banks.
2. Transfer Types
Your transfer type largely depends on if your recipient has a Nigerian bank account or if he/she is available for a cash pickup or mobile top-up. Whichever is your preferred option for transfer, it is available on the SanaTransfer platform. Note that each transfer method will attract different fees.
3. Transfer Fees
It is also important to check the transfer fees of a money transfer service provider and compare them with others before initiating a transfer. As stated earlier, SanaTransfer charges you a total of 0% fee of the amount of money you send for every transfer you execute.
4. Transfer Speed
If you want your transfer to arrive at its destination quickly, you can opt for express delivery. Transfer service providers like SanaTransfer offer you instant delivery in most cases. However, in rare cases, your transfer may take less than 48 hours.
5. Transfer Limits
Compare how much money you can transfer with each service. For instance, SanaTransfer offers you a better transaction limit than most other transfer service providers.
6. Discounts
Some money transfer service providers can offer you a free transfer bonus just for signing up. Other providers can offer a specific discount if you send more than a certain amount.
Which app is Best to send money from Canada to Nigeria?
You can make an instant money transfer to Nigeria from Canada with the SanaTransfer app or website on your smartphone. Just download the mobile app, register, and initiate your transfer. It is that easy.
Advantages of using SanaTransfer
Here are some of the benefits of using SanaTransfer services:
1. It is fast and reliable. Expect your transfer to get to its destination within minutes.
2. Great value for money. You get low transaction fees at low exchange rates.
3. SanaTransfer is safe and secure. The platform leverages technology to safeguard all your transactions.
How can I contact SanaTransfer?
Fill out the Sana enquiry form and the platform will contact you. Alternatively, here are other ways to reach us:
Email Address: support@sanatransfer.com
Website: www.sanatransfer.com
Final Thoughts
The best way to send money to Nigeria from Canada is via the SanaTransfer remittance provider. This platform offers you the best of everything, from speed, and transfer costs, to exchange rates. As a Nigerian in Canada, the SanaTransfer app or web platform will definitely come in handy when you need to remit money back to your home country, Nigeria.
SanaTransfer offers easy, fast and secure payment services with better rates and faster payouts for international remittance. Sign up now to get started.