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Cheapest way to send money from the UK to Nigeria
As of 02:05 UTC on 19 October 2026, the cheapest way to send £5,000 from the UK to Nigeria is Remit Choice: your recipient gets ₦9,031,406 and you pay £5,000 including a £1.99 fee. Next best: Ria (₦9,018,531) and Remitly (₦9,004,500).
| # | Provider | They get | You pay | Fee | Rate |
|---|---|---|---|---|---|
| 1 | Remit Choice Bank transfer | ₦9,031,406 | £5,000 | £1.99 | 1,807.0000 |
| 2 | Ria Bank transfer | ₦9,018,531 | £5,000 | £3.99 | 1,805.1467 |
| 3 | Remitly Bank transfer | ₦9,004,500 | £5,000 | £0 | 1,800.9000 |
| 4 | Wise Bank transfervia Wise comparison | ₦9,000,188 | £5,000 | £27.96 | 1,810.1600 |
| 5 | Taptap Send Bank transfer | ₦9,000,000 | £5,000 | £0 | 1,800.0000 |
| 6 | LemFi Bank transfer | ₦8,975,000 | £5,000 | £0 | 1,795.0000 |
| 7 | Sendwave Bank transfer | ₦8,974,386 | £5,000 | £0 | 1,794.8773 |
| 8 | WorldRemit Bank transfer | ₦8,974,386 | £5,000 | £0 | 1,794.8773 |
| 9 | Monzo Bank transferfrom published fees | ₦8,964,408 | £5,000 | £47.09 | 1,809.9275 |
| 10 | Dahabshiil Bank transfer | ₦8,888,701 | £5,000 | £75 | 1,804.8124 |
Everyone is compared at the same total cost: where a provider adds its fee on top, we reduce the amount sent so the fee is included in the £5,000 you pay.
Questions
What is the cheapest way to send money from the UK to Nigeria?
As of 02:05 UTC on 19 October 2026, the cheapest way to send £5,000 from the UK to Nigeria is Remit Choice: your recipient gets ₦9,031,406 and you pay £5,000 including a £1.99 fee. Next best: Ria (₦9,018,531) and Remitly (₦9,004,500). Rankings compare what your recipient gets for each pound you pay, after fees.
What is the GBP to NGN exchange rate today?
The mid-market rate at 02:05 UTC on 19 October 2026 was £1 = ₦1,809.93. Providers add a margin; the best ones in our comparison were within 0.2% of it.
How much does it cost to send money to Nigeria?
Fees range from nothing to several pounds, but the exchange rate margin usually matters more. For £5,000, the difference between the best and worst provider we track was ₦22,404.
How often are these prices updated?
Every hour, from providers' public price calculators, published fee tables and public comparison data.