How Can I Send Money From Argentina to Nigeria?Nigeria accounts for more than a third of migrant remittances to Sub-Saharan Africa, having received more than $110 billion in the last five years.
The primary benefit of remittances to recipient households is that they enable them to meet basic requirements, finance cash and non-cash investments, finance education, encourage new enterprises, and ultimately fuel economic growth. There are various formal routes for sending money to Nigeria from anywhere in the globe, including wire transfer and electronic money transfer. This page discusses the various methods available for sending money from Argentina to Nigeria.
What Is the Best Way to Send Money From Argentina to Nigeria?
The following is a list of the many methods available for sending money from Argentina to Nigeria:
Azimo is an incredibly simple way to send money to Nigeria from Argentina. The first step is to register an account with Azimo, which takes only a few minutes. After successfully creating an Azimo account, the process is straightforward and quick, since the entire transfer setup may be completed in a matter of minutes. After logging into the Azimo portal via the webpage or the mobile app, the next step is to initiate the transfer. To initiate the transfer, Nigeria is selected as the destination country, followed by the amount to be sent and the recipient’s information. Following the submission of this information, the method of delivery must be chosen from the following alternatives. Cash collection, bank transfer, or SWIFT are all acceptable modes of payment. To complete the transfer, payment must be made using a credit or debit card or through an Argentine commercial banking institution. The entire transaction is secured using anti-fraud encryption technology, which ensures the protection of funds and personal information.
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If the Cash pickup option is chosen for delivery, the recipient must present a recognized form of identification, which may be a National ID, a Bank Verification Number (BVN), a Passport, or a Driver’s License. Additionally, a Pickup reference is required, which will be emailed to both the donor and recipient, in order to collect the funds from any Fidelity Bank or First City Monument Bank (FCMB) branch in Nigeria. The Bank Transfer needs the recipient to have a Nigerian bank account in USD or EUR. Fees vary according to the amount of money being delivered and the method of payment used. Transfers made using debit or credit cards are immediate.
Sending money from Argentina to Nigeria is quick and easy with WorldRemit. Money can be sent in a variety of ways, including Cash Pickup, Bank Transfer, Mobile Money, and Airtime Top-up. However, in order to complete any transaction, the sender must open a free WorldRemit account. Cash pickup refers to a payment that can be collected in actual cash by a recipient from any supported location within WorldRemit’s local partner network. To begin, log in to the WorldRemit portal and create a new transfer setup. Then, Nigeria is chosen as the country to whom the funds are to be transferred. Following that, USD Cash Pickup is selected as the payment method, and the recipient’s information is provided. Prior to confirming the payment, the sender must supply the recipient’s full name, address, cell phone number, and reason for sending. Payment can be done via bank transfer, credit card, or debit card. The recipient in Nigeria can collect the funds within minutes by visiting any of the following financial institutions: Access Bank, FCMB, Fidelity Bank, First Bank, Polaris Bank, Guarantee Trust Company (GTCO), Union Bank, or UBA. The beneficiary is expected to bring identification in the form of an international passport, a Bank Verification Number (BVN), a driver’s license, or a Permanent Voters Card (PVC).
The alternate method of transferring funds directly to a bank account using WorldRemit is summarized in the simple steps below. The sender initiates the transfer setup process by logging into the WorldRemit portal, either through the website or mobile application. After confirming that cleared funds are available in the sender’s account, the next step is to input the recipient’s information, which includes the recipient’s name, address, cellphone number, and bank details. It is critical to note that only Nigerian bank accounts denominated in USD are able to receive funds from Argentina using WorldRemit.
Western Union is another option for sending money from Argentina to Nigeria. This can be accomplished online using a smartphone or computer, or in person at any Western Union agent location in Argentina.
Transferring money with Western Union’s mobile app or online is quick and simple. To begin, create a Western Union account and verify the profile using a driver’s license, passport, or other government-issued identity. Following that, the sender must select the amount to send and the method of payment for the recipient, which can be by bank account, cash collection at a Western Union agent location, or mobile wallet. The next step is to enter the recipient’s information. For the Western Union bank deposit option, the recipient’s bank account and name are required, whereas for the cash pickup option, the recipient’s name and address are necessary. The sender then selects the desired payment method from the available options of bank account, credit card, or debit card. The final step is to confirm and send the money. Following transmission, a unique MTCN number can be used to track the transfer. It is necessary to note that the processing charge varies depending to the amount delivered, the payment method used, and the delivery option chosen.
Due to the fact that Argentina has multiple Western Union agent locations, one can also send money to loved ones in Nigeria from any of the various agency locations. With acceptable identity and funds in the sender’s bank account, credit or debit card, the process requires the recipient’s and sender’s bank information to be submitted at a Western Union agent location. After reviewing and verifying the information given, the sender completes the transaction by paying with a debit card, credit card, or bank account.