Bank transfer to Nigeria

A bank transfer is a simple way of transferring money to an account held in Nigeria quickly, safely and securely. You can send money to friends, family and businesses in Nigeria from your computer, tablet or smartphone. And both you and the recipient will receive SMS notifications as soon as the transfer is complete. It’s that easy.

With WorldRemit, the process is simple. You send the money to us. We then exchange the money into Nigerian Naira before sending it on to your recipient’s bank account. We transfer money to all major Nigerian banks including GT bank, Diamond Bank, Skye Bank, Union Bank, Ecobank, Zenith Bank, Union Bank, Standard Chartered Bank, Keystone Bank and many more…

Bank transfers to Nigeria - Banks vs. money transfer companies

Many banks give their customers the option to send funds to Nigeria. However, they typically charge high transfer fees and offer exchange rates that are lower than you’re likely to find elsewhere. As a money transfer specialist, we offer more competitive exchange rates and lower transfer fees, putting more Nigerian Naira in the pockets of your family and friends.

Unlike a number of transfer companies, we also show you the exchange rate you’ll receive upfront so you can be sure you’re getting the best deal.

How to complete a bank deposit to Nigeria

You can complete a bank deposit to Nigeria quickly and easily. All you need to do is:

  1. Have the cleared funds available in your account
  1. Know the details of the Nigerian bank account you want to transfer funds to. You need to enter:
  • Full name. Please enter your recipient’s full name. To avoid any delays, the recipient’s name should match the name on their bank statement exactly.
  • We need your recipient’s city.
  • Account details. We need your recipient’s
    • (1) bank name,
    • (2) account number. Account numbers are 10-digits long.
  • Bank Verification Number (BVN). All recipients are required to have a BVN on file at the bank in order to receive international transfers. Please ensure that this step has been completed before sending, to ensure there are no delays with your transaction.
  • Mobile number. We use this to send an SMS notification to your recipient informing them that their funds have been credited.
  • Email (optional). We use this to send an email to your recipient with details of the transaction. This is particularly useful in case they have issues receiving the SMS notifications.
  • Sending reason: Please indicative whether you are sending to (1) family or friend support, (2) purchases of services, (3) property payment or (4) sending to self.

Please ensure that all your recipient’s details are correct. Once you make your transaction, it is difficult for us to amend or stop the transfer, although we will always try our best to do so.

  1. Check the exchange rate and complete the transfer

What is a Bank Verification Number? 

The Bank Verification Number or BVN is an identification code number designed to stop fraud and curb or reduce illegal banking transactions in Nigeria. The system works by recording fingerprints and a facial photograph of the client.

How to get your BVN from abroad

Even if you are abroad, it’s important to get a BVN so that the Nigerian government doesn’t confiscate funds in your account.

To do this:

  1. Visit
  • Fill in the registration form
  • Make an appointment at one of their locations
  • Pay $5 online (or pay when you go to the appointment)
  1. At the appointment with Avante Global Services
  • Show a photo ID (driving license or passport)
  • Give them a passport photo or they will take one
  • They will take a record of your fingerprints
  • They’ll make sure all your details on the registration form are correct
  • They will give you an ID number
  1. Email your ID number to
  • They will then send you your BVN
  1. Give your bank your BVN by calling or on online banking

How to correct and update BVN Details

To update your BVN details, contact the bank branch where you registered. Here are the corrections that you can make on your BVN Details:

  • Date of birth
  • Change of first name due to marriage
  • Corrections in name due to misspelling

Documents required for BVN details update

  • Birth certificate – for correction of date of birth.
  • Those changing or correcting details due to marriage should provide marriage certificate/affidavit as a proof.
  • Corrections of name due to misspelling can be changed by presenting an international passport, national identity card or voter’s card showing the correct name.

How to check your BVN number on the phone

You can now quite simply check your BVN number code on your mobile phone. Just dial *565*0# to check your Bank Verification Number (BVN).

How to check your BVN number online

To find your BVN number online, simply log into your Internet banking app and you’ll see the code displayed on your front page.

Why complete your international bank transfer with WorldRemit

  • Low-cost – We use our size and cutting-edge technology to bring you some of the most competitive exchange rates you’ll find. There are also no fees for the recipient.
  • Trusted – As an international bank transfer specialist, we are recognised by the Central Bank of Nigeria and licensed by government regulators around the world.
  • Secure – We’ve completed thousands of Nigeria bank transfers and use industry-leading technology to protect your money and guarantee the deposit arrives quickly and safely every time.   

Why choose WorldRemit?

  • An illustration of a desktop PC and a mobile phone

    We're Simple

    No need to visit an agent. Send 90 currencies to 150 countries, from your smartphone or computer

  • An illustration of two hands forming a heart

    We're Safe

    Our industry-leading technology protects your money and guarantees it arrives safely every time

  • An illustration of a spaceship

    We're Fast

    90% of our transactions are authorised in minutes

  • An illustration of a piggy bank

    We're Low cost

    See our low fees and the best exchange rates up front, with no hidden costs

Safe and Secure
Your money’s in safe hands with us

Our industry-leading technology protects your money and guarantees it arrives safely every time.

  • Safe and secure - verified by Visa
  • Safe and secure - Mastercard
  • Safe and secure - Microsoft Azure
  • Safe and secure - PCI

Send on the go and track your transfer with our app

A graphic of a phone screen, showing a family outside a house.
A graphic showing the screen of WorldRemit's app with a number keyboard at the bottom.
A graphic showing the screen of WorldRemit's app with a success message displayed.