How to transfer money to First Bank in Nigeria

First BankThe First Bank of Nigeria, also known simply as First Bank, is the largest bank in Nigeria with more than 10 million customers and 7,000 staff. As well as having excellent coverage across Nigeria, First Bank also has locations in the UK, Abu Dhabi, Beijing, Johannesburg and across Africa.

With so many Nigerians living abroad, international remittances are big business for First Bank. At WorldRemit, we offer a bank transfer service that makes it quick and easy to send money directly to the accounts of First Bank customers, from over 50 countries around the world.

How do you make a bank transfer to First Bank, Nigeria?

With WorldRemit, you can make a bank transfer to First Bank current and savings accounts on our website or app. Unfortunately, due to local regulations, we’re not able to transfer directly to business accounts.

All you need to do is:

  1. Choose the ‘Bank Deposit’ service
  2. Set the payout-network as ‘Deposits to First Bank NGN accounts only’
  3. Enter the amount you want to send
  4. You’ll see our low fees and exchange rate upfront
  5. Click ‘Send’ and you’ll be asked to create an account if you don’t already have one
  6. Enter the details of your recipient, or choose someone you’ve sent to before
  7. Pay online
  8. You and your recipient will receive SMS and/or email notification once the transfer is complete

What’s the fastest way to send money to Nigeria?

Typically, our cash pickup service is the fastest way to send money to Nigeria. However, our partnership with First Bank means that bank transfers can also be made within minutes, making it an extremely fast and effective way to send money to your loved ones quickly.

How much can you send to First Bank accounts?

You can send a maximum of 7,000,000 Nigerian Naira (NGN) per day to accounts at First Bank. However, lower limits may apply depending on the country you make the transfer from and your payment method.

What currencies can you send to First Bank accounts?

We can only send Nigerian Naira to First Bank accounts. That means we must convert your currency before the transfer can be made. We offer exchange rates that are consistently better than the banks on the US Dollar (USD), British Pound (GBP), Australian Dollar (Dollar), Euro and many more, so you can be sure you’re getting the best deal.

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Why choose WorldRemit?

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    Low cost

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Our industry-leading technology protects your money and guarantees it arrives safely every time. We’re licensed by government regulators around the world, so you can be sure we meet the highest possible standards.

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