How to Transfer Money from Canada to Nigeria
Wondering How to Transfer Money from Canada to Nigeria? Discover the easiest and most cost-effective way to achieve this.
Every year, thousands of Nigerians migrate to Canada to settle for education, work and overall better opportunities. These immigrants continue to seek ways to send money back to their loved ones in Nigeria.
Fortunately, the SanaTransfer has made it easy and cheap for people in Canada to send money to their loved ones in Nigeria. This article provides a step-by-step guide on how to transfer money from Canada to Nigeria using the SanaTransfer app.
What are the Ways to Transfer Money from Canada to Nigeria?
Before we dive into the details of how to transfer money from Canada to Nigeria, here are some conventional ways Canadians send money to Nigeria:
1. Bank transfer from Canada to Nigeria
Most Canadian banks will allow you to wire cash internationally online. You can do this by visiting the nearest bank branch or over the phone when you contact customer service. Alternatively, you can transfer via your bank’s online platform. Transfers to NGN will be transmitted directly from your Canadian bank account to the Nigerian recipient's local bank account.
However, this is very expensive, making it the least preferred by most individuals.
2. Walk into a money transmitter service branch
Numerous specialist money transmitter services operate through big branches and agent networks. So anyone who wants to send money to Nigeria can just visit a physical money transmitter service store and pay your NGN in cash. This cash will be sent to your recipient.
On the other hand, physical cash transfer is plagued with the issue of insecurity as sending cash crossborder isn't the best option based on speed and deliverability.
3. Send money online through a transfer service provider
There are several options to choose from if you prefer to transfer money online via your smartphone. SanaTransfer arguably offers the best money transfer service in Canada due to its blend of fast transfer speeds and affordable rates.
Factors to Consider Before Sending Money From Canada to Nigeria
When you want to transfer cash from Canada to Nigeria it's crucial that you estimate the total expense of your Canadian Dollar to the Nigerian Naira transfer. Here are other essential factors you must not overlook when searching for a platform for international transfers:
- A good and competitive exchange rate directly from Canadian dollars (CAD) to Nigerian Naira (NGN)
- A low and affordable money transfer fee
- A fast cash transfer speed to the receiver through bank transfer or cash pickup
- Secure and guaranteed money transfer
- Multiple choices for funding your transaction, e.g. via a credit card, debit card, or directly from your bank account
Although there are numerous money transfer services available, the best option to go for is the SanaTransfer app because it offers a blend of all the features listed above. It is fast, and seamless, and also offers a competitive exchange rate.
How to Transfer Money From Canada to Nigeria
You can send money from Canada to Nigeria in no time via the SanaTransfer web or mobile app. Here’s a rundown of how you to send money to Nigeria using the platforms:
1. First, download the SanaTransfer app on your Smartphone. This app is available on both Android and iOS stores.
2. Next, create an account for free and fund your account with the amount of money you would like to transfer to Nigeria.
3. Select your preferred delivery method. You can use either the bank deposit, mobile money, or cash pick-up method to execute the transaction.
4. Input the necessary information about your recipient. This includes the name, address, account number, email, etc
5. Fill out your other payment information and click on “Send Money Now”. Your recipient in Nigeria will receive the money in a few minutes.
Note that you can log into your account and track any transfer you initiate. Once you log into your account, you will see your transfer status.
What Details do I Need to Transfer Money from Canada to Nigeria
If you want to use the SanaTransfer app to send money from Canada to Nigeria, you have to provide these details about your recipient:
- Full name
- Account details
- Address
- Mobile number
- Reason for sending the money
How Can I Track My Transfer to Nigeria on the SanaTransfer app?
Here’s how to track your transaction in real time on the SanaTransfer web platform or the mobile app:
- First, log in to your SanaTransfer account
- On your homepage dashboard, select “Recent Transactions”
- View the update and details of the transactions you wish to track.
How Long Does a Transfer Take to Reach the Recipient in Nigeria?
Generally, transfers on the SanaTransfer mobile app or platform take between 24 to 48 hours to get to your recipient through any delivery method you choose.
How Can I Contact SanaTransfer?
You can reach out to SanaTransfer customer support via any of the ways listed below:
Email Address: support@sanatransfer.com.
Website: www.sanatransfer.com
Bottom Line
With the SanaTranfer, it is easy, cheap, and fast to transfer money from Canada to Nigeria. The platform is also safe and duly authorised by the Financial Transactions and Report Analysis Centre of Canada. The guide above briefs you through everything you need to know about how to transfer money from Canada to Nigeria through the SanaTransfer platform.
Join 500+ users across Canada in sending money back to family and loved ones using the SanaTransfer app.
Visit SanaTransfer.com now to get started or download the app on Android or iOS.