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Money Transfer to Nigeria from New Jersey

Nigeria has been facing a lot of economic problems in recent years. For many years the people of Nigeria, especially since independence, have been craving for development. Any meaningful development…

Nigeria has been facing a lot of economic problems in recent years. For many years the people of Nigeria, especially since independence, have been craving for development. Any meaningful development anchors on these very basic needs– strong institutions, availability of resources and good management. Resources comprise human and natural resources. However, the development processes are disrupted by socio-economic challenges such as hunger, poverty, unemployment, poor health, illiteracy, corruption, greed, insecurity, among others.

Online financial aids from international citizens have been pillars of strength and support for the country. FAZRemit has been a popular medium in this transaction.

Money transfer from New Jersey by FAZRemit

An online transaction is a password-protected payment method that authorizes a transfer of funds over an electronic funds transfer (EFT) all across the globe. FAZRemit offers you convenient services that allow you to make international online transactions easily. The present hassles are taken care of by FAZRemit.

Many major United States banks have the facility to carry out international transactions like funding to Nigeria. But with this follows typically high transfer fees and offers of high exchange rates that are comparatively lower than the mid-market rate — or the rate banks and transfer providers use when trading among themselves. FAZRemit plays fair in this game.

Online transactions in New Jersey come with a lot of processes to ensure safe transactions. FAZRemit reduces the efforts and makes transactions less of a headache while maintaining the guarantee of safety. However, people are still doubtful of these transactions. It is because of the commonly faced hassles during the transfer of money.

What are the common problems with international transactions?

 Unstable exchange rates

As the exchange rates are directly dependent upon the economy of the country, certain changes occurring in the country like Brexit law, depression, etc. which can affect the exchange rate as a whole. These varying exchange rates have been a common problem for years. The flow of remittance is also sometimes affected by various economic factors like migration crisis occurring in Europe. FAZRemit keeps you updated regularly to avoid you from getting in any sort of inconvenience.

High transmission fees

Most of the banks and MTO’s charge a huge amount as a transaction fee. The transaction fee varies from bank to bank and in MTO’s also. The banks and MTO’s have been overthrown by easier online transaction websites today. These online services provide low transfer fee which has eventually reduced the transactions made through MTO’s and banks. It’s smoother for people to make money transfer to Nigeria from New Jersey online with these websites. By FAZRemit you can easily send up to $999 by paying the lowest processing fees of 1.7%.

Fear of the unknown

It’s not just the transmission charges, along with that there are many intermediary charges that occur before the money reaches the final end. The types of intermediary fee vary for every country and unless a person has sent the money before, it is impossible to find out the exact amount that reaches them. FAZRemit helps you keep updated with your transactions daily, so you know where and when your money reaches the rightful authority.

Tracking problems

FAZRemit also provides constant tracking notices to its customers since one of the major problems occurring repeatedly in this type of international payment system is the inability of the persons to track their payment. Because of this reason, most of the people are unsure and the importers are unaware whether their particular amount has reached the Bank account of the exporter.

The problem of importers and exporters

FAZRemit is authorized and a known digital platform powered by Choice Money Transfer. Both the importers and exporters have to provide proper identification and reason for the money transfer before making any transaction.  The exporters are subjected to many types of identification processes. Also at the same time, the importers are forced to pay as direct cash rather than using various types of digital technological methods such as debit or credit cards and Online net banking transactions. FAZRemit cuts it short for you and provides you hassle-free easy steps to follow.

So technically choosing the online method of the transaction would be the best option to make money transfer to Nigeria from any state in the United States.

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Money Transfer to Nigeria from Michigan , USA

Nigeria is a middle-income country and an emerging market with a mixed economy. It has fields like manufacturing services, financial, technology, communications, and entertainment departments expanding rapidly. The economic problems…

Nigeria is a middle-income country and an emerging market with a mixed economy. It has fields like manufacturing services, financial, technology, communications, and entertainment departments expanding rapidly. The economic problems in Nigeria have always been a topic of discussion on all platforms.

FAZRemit is an industry leader in promoting money transfer to Nigeria from the US for a variety of reasons. FAZRemit excels in offering instant account remittances to its customers at affordable rates and secure corridors. Customers need to only register with FAZRemit in order to start sending money to Nigeria from United States. They can easily send up to $999 by paying the lowest processing fees of 1.7%.

FAZRemit eliminates the most frequently faced problems faced by customers during their online transactions.

Send money from Michigan, US

An international money transfer allows you to send money to friends, family, and businesses across the globe. Generally, it involves an individual sending cash or money from their Michigan bank account to intermediary transfer service or bank, which then exchanges and sends the money to the recipient in another country. Like Nigeria in this case.

FAZRemit offers you convenient services that allow you to make international online transactions easily. The present hassles are taken care of by FAZRemit.

Many major United States banks provide preferences to send funds to Nigeria. But they typically charge high transfer fees and offer exchange rates that are comparatively lower than the mid-market rate — or the rate banks and transfer providers use when trading among themselves. FAZRemit plays fare in this game.

Online transactions in the US come with a lot of processes to ensure safe transactions. FAZRemit reduces the efforts and makes transactions less of a headache while maintaining the guarantee of safety.

Common problems That Online Transaction solved

Technology is developing in every field. Smartphones and e-wallets, shifting purchase patterns, and demand for cross-border, multi-currency electronic payments have powered PSP competition to maintain and boost market share. Providers are under pressure to offer peer-to-peer payments beyond traditional banking models and to help the cashless society that can benefit from this. Problems like,

1. Fraud and chargebacks

2. High cost of Cross-border transactions

3. Multi-currency and payment methods

4. Technical integration is of major concern to many providers

These problems have been existing for a large period of time. Sending money to loved ones and making business transactions have become much easier nowadays with the growth of online websites and other forms of options. Some of the solutions include Bitcoins, The growth of online web transactions, and legibility of the website.

FAZRemit makes it all easy for you right away

All these issues are kept in mind by FAZRemit and the Money Transfer to Nigeria is made safe and secure on all levels. FAZremit is operated by Alpha Fortress LLC and provides a secure payment gateway for individuals and businesses in the USA to pay their international bills and for transferring money directly to multiple bank accounts worldwide. Using our secured portal, after submitting the required KYC documents, all the registered FAZRemit users can pay their bills, transfer their funds, and manage ANY financial transactions remotely. FAZremit is safe, authentic and the best site that offers you safe transactions.

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Money transfer to Nigeria from Maryland , USA

Maryland is a state in the Mid-Atlantic region of the United States. It is named after the English Queen Henrietta Maria, known in England as Queen Mary. Nigeria is in…

Maryland is a state in the Mid-Atlantic region of the United States. It is named after the English Queen Henrietta Maria, known in England as Queen Mary. Nigeria is in a requirement for money for various reasons. Right from their development to importing food materials they are in need of money. Nigeria has developed into a business hub for people of Maryland and other countries.  And for business to run in a good manner, there is a need for money transaction, including money transfer to Nigeria. The following blog will provide an in-depth analysis on how to send money to Nigeria from India.

There are a few ways through which money can be transferred to Nigeria. Few of them are mentioned below.

Send money Nigeria through bank transfer

There are many banks in Maryland through which money can be sent to Nigeria in a safe and secure way. People have to follow some simple steps to transfer their money. But before sending money people have to choose the best bank in the market by analyzing the transfer rate and time. After choosing the technique the next step is to submit the KYC documents and when approved people can transfer money to their beloved one’s bank accounts. But the major problem is the time which takes 2-3 days in banks. The transfer rate is also quite high in this transaction. The banks nowadays offer SMS based confirmations to make people feel at ease.

Through online websites and applications

This mode of money transfer is quite simple and fast. Anyone from Maryland can send money Nigeria. This is a fast and simple way to send money to friends and family in Nigeria. The Industry-leading safety technology guards the money and guarantees and safe online transaction. These transaction websites are licensed by government regulators around the world so that people can be sure about safety and whether they meet the highest possible standards.

Wire money to Nigeria through MTO

Western Union and other Money transfer services made money transfer an easy process. They also facilitate bank to bank transfer. They made money transfer an easy process when people felt difficulty in getting approved by banks.

These are the ways through which anyone can send money Nigeria. People can also send money through FAZRemit and avail the cheapest option available in the market. So use FAZRemit to enjoy your money transaction at a cheaper price.

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Money transfer to Nigeria from Illinois

Nigeria is famous for so many things. Along with tourism and oil reserves, Nigeria is also known for its history. On the other side, Illinois is also one of the…

Nigeria is famous for so many things. Along with tourism and oil reserves, Nigeria is also known for its history. On the other side, Illinois is also one of the largest cities in the United States of America. And if someone is looking forward to investing in Nigeria, then they need to arrange the money initially. These days money transfer to Nigeria from Illinois has become quite simple and convenient.

Illinois, Midwestern state in the United States, and Chicago, one of the largest cities in the U.S, is in the northeast on the shores of Lake Michigan. It’s famous for its skyscrapers, like Willis Tower and the neo-Gothic Tribune Tower. In today’s world, nothing is possible without money. People should pay for each and every single travel to a foreign country people should pay a particular amount as an upfront fee or exchange rate that is necessary to visit abroad countries and spend that particular amount of money over there. There are two ways of transferring money to Nigeria. Even though both the methods are commonly used people nowadays prefer online transfer of money.

Using bank transfer for money transfer to Nigeria

Anyone can send money to Nigeria from any corner of the globe through the nearest bank. This method is simple, safe and secure. Most people prefer this banking method due to its simplicity. This method is one of the most common methods that has been available for the past 3-4 decades.

Standard bank transfers to Nigeria usually take several days or even weeks. You can make your money transfer to an account at all branches of 236 banks in Nigeria.

Online transfer

Using online transaction, from Illinois, people can send money Nigeria while saving both time and transaction charges. Through real-time exchange rates and fair calculations, people can send money for a cheaper price.  People can easily transfer money from USA to Nigeria by using many options including a direct payout on accounts through online services. This method allows people to send money from one place to another at a faster rate.  The maximum amount of time taken by them ranges from 60 seconds to a single day. These type of fast transaction from any place and time, along with their availability for 24 hrs makes it a suitable method for most of the people in Michigan.

That means it takes no time to send money from Illinois to Nigeria. People opt for online services for transferring money to Nigeria due to less time consumption and convenience. Online services like FAZRemit offers the best type of international transaction service to send money Nigeria within a time span of 60 seconds. We also offer the cheapest price on the market. So stop thinking and choose the best transaction method available in the market for easy service.

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Money Transfer to Nigeria from Georgia

Georgia is the 24th largest in the United States in terms of land area with a population estimated to be  10,519,475. African Americans make up 31.32% of the total population…

Georgia is the 24th largest in the United States in terms of land area with a population estimated to be  10,519,475. African Americans make up 31.32% of the total population of the state. It plays a major role in the remittance inflows that the African nations receive. Nigeria, the largest nation in Africa received $34 billion in 2018 as remittance and $7.2 was from the US alone. The Nigerian diaspora in the US is one of the best-educated groups in the US.  They have a higher median household income than an average American household. Money transfers to Nigeria from the is on the rise and services have taken note. Banks and IMTOs face another major player in online automated platform services like FAZRemit. Which will be better for the Nigerian American in Georgia looking to send money to Nigeria?

Prevalent services and their shortcomings

Prevalent services include banks and International Money Transfer Operators who have not provided the customers with value.

Banks

Banks offer their customers’ money transfers across borders with safety and security. The service takes 2-3 weeks to remit money to Nigerian bank accounts. This time-frame is outdated in today’s fast-moving and poses a drawback for time-locked needs. Banks charge international transfers in terms of the foreign exchange rates. These rates are always fluctuating and are a cause of concern for the customers. All-in-all, using bank transfers to remit money to Nigeria from the US is slow and expensive.

IMTOs

This branch to branch modeled transfer platform takes lesser time than banks to transfer money to Nigeria. They still take 2-3 days and charges a premium to do so. The 8-10% processing fee is a loss for the customers remitting money to their families in Nigeria. Take into account the branch model and the benefactors need to move the remittance into their bank accounts themselves. IMTOs again trumps in having more drawbacks than advantages.

Online Services

The increase in penetration of mobile and internet services has brought life to services offering money transfer to Nigeria online. These online platforms like FAZRemit offer fast, secure transactions at affordable rates. The users have complete access to information and services like FAZRemit are customer oriented and easy to use.

Read: Online platform is the most convenient for transfers to Nigeria.

Money transfer to Nigeria with FAZRemit

Money transfer to Nigeria with FAZRemit offers the customers unprecedented value and choice. FAZRemit assures its users fast, affordable and secure transfers at their fingertips.

Registering with FAZRemit is easy and timesaving to do from Georgia using online means. Registering ensures validity and profile management in the platform. The user can keep track of their transactions and other details through its interface.

FAZRemit does KYC document verification to safeguard the user and their money against fraud and illicit activities. The safety of the user is of utmost importance to FAZRemit and other back-end services it provides. This ensures the customer peace of mind and hassle-free transfers to their loved ones.

FAZRemit enables its users to send money to Nigeria at affordable rates. FAZRemit charges 1.7% as a processing fee to remit money to Nigeria from Georgia and the US. This is the lowest rate provided by any service platform for this corridor.

FAZRemit also offers its users mobile wallet services which are creating a cashless economy in Nigeria. The usage of mobile wallets in Nigeria has increased in recent years and projections show more growth in the coming years.

Read: The Nigerian economy is reaping the Mobile Money service rewards.

Join FAZRemit today to send money to Nigeria from the US with a hassle-free, affordable service platform.

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Money Transfer to Nigeria from Florida, USA

The state of Florida or the “Sunshine State” is famous for its sprawling beach line in the United States. It also has the 5th highest number of illegal immigrants in…

The state of Florida or the “Sunshine State” is famous for its sprawling beach line in the United States. It also has the 5th highest number of illegal immigrants in the country. The state is home to 21,312,211 inhabitants of which 22% are African Americans. The United States is the prominent destination for migrating Nigerian diaspora. Nigerian Americans make up 380,785 of the country’s population. The largest nation in Sub-Saharan Africa received $34 billion as remittances in the year 2018. Nigerian Americans in the state of Florida send money to Nigeria using 2 main platforms.

The recent trend has been to use Online platforms like FAZRemit instead of the traditional ones. It is very important because money transfer to Nigeria from US reached an all-time high of $7.2 billion in 2018.

Corridors for Money Transfer to Nigeria

Banks and International Money Transfer Operators ruled the corridors to send money in the pre-online platform era. There is a huge shift in this because of the increase in internet penetration in Nigeria. What made online services like FAZRemit a much better option than banks and IMTOs?

Banks

Banks provide their customers with a secure corridor to send money to Nigeria from Florida and many other states in the US. They can provide international account transfers and charge processing fees according to the exchange rates. An unfavorable exchange rate with Nigeria proves detrimental for the diaspora’s needs at the time of transfer. Affordable remittance is not possible with banks because of the workings of the world economy. Banks often take 2-3 weeks to send money to Nigerian bank accounts.

IMTOs

IMTOs assures its customers faster fulfillment of money transfers to Nigeria. They follow the protocol of branch-to-branch transfers to fulfill this promise. IMTOs charge the diaspora a premium processing fee for their service which can go up to 8-10% of the total amount. This is a loss for users who remit money to Nigeria because of the high cost and inaccessible transfers. The premium price the service charges its customers do not reflect the service it gives them.

Online Transfers

Automated online transfer services like FAZRemit provides value to the customer. The user has complete access to the transfers and has full control over the details. The service provides instant transfers, with the users having complete accessibility to track the remittance to their loved ones. There are various platforms which fulfill this service, but FAZRemit is the market leader for affordable transfers.

Read: Advantages that Online services provide its customers.

Save on Money Transfers to Nigeria with FAZRemit

FAZRemit assures its customers the most affordable services with security and speed. The customer-centric platform also has mobile wallet services for further usability.

Registering on FAZRemit is timesaving, and it is easy to sign up even from Florida. Joining the service allows its users to send up to $2499 in an instant to their families in Nigeria. Increased internet and smartphone penetration in Nigeria boosted online money transfers to Nigeria from Florida with FAZRemit.

FAZRemit does KYC document verification and checks for the safety of its customers and to safeguard their money. Various back-end security measures ensure a safe corridor to send money to Nigeria online for users.

FAZRemit charges its customers a meager processing fee of 1.7% to use their services. This is the lowest fee charged by a platform for remittances from the US to Nigeria.

The easy-to-use user interface and the 24/7 customer service increase its user-friendliness while up keeping security.

FAZRemit offers value to its customers and money transfers to Nigeria have never been easier, faster and more affordable. Join FAZRemit today to avail a hassle-free service to send money to Nigeria from the US!

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Money Transfer to Nigeria from District of Columbia

District of Columbia, formally known as Washington DC is the capital of the United States. The federal district is home to about 702,455 citizens as of July 2018. The most…

District of Columbia, formally known as Washington DC is the capital of the United States. The federal district is home to about 702,455 citizens as of July 2018. The most remarkable thing is that black ethnicity groups make up 50% of the total population, including Nigerian Americans. The district has proven to be a large contributor to remittance send to Nigeria in 2018 from the US. Nigeria, the largest populous country in Africa received $34 billion of remittance money in the last year alone. Projections show a definite increase in the remittance outflow even from the 50th most populous city in the country.

There are various platforms which help the diaspora send money to Nigeria. Money transfer to Nigeria using newer platforms like FAZRemit proves to be the best choice.

Money Transfer Platforms and their Services

Platforms like Banks and International Money Transfer Operators were the go-to service providers for the Nigerian diaspora in the former years. Lets us look at what changed the service environment for each of these platforms.

Banks

Banks provide safe and secure transactions for customers to send money internationally. They enabled the diaspora to help their families with remittance money which helped them to grow and stabilize. Banks usually charge a fluctuating processing fee for this service dependent on the foreign exchange rates. The fluctuating processing fees along with the 2-3 week delays in remittance made the customers look for better options.

International Money Transfer Operators (IMTOs)

This better option proved to be IMTOs. They provided faster services at a constant processing fee structure. These faster services take 2-3 days to remit money to their branches in Nigeria from the United States. The faster branch to branch transfers means more work for the benefactors who want it in their banks. They charge the customers a premium of 8-10% of the total amount to send money to Nigeria from the US. This is a huge loss for the diaspora who need more affordable and safe transactions at faster speeds.

Online Services

Online Automated service platforms became the go-to services for these customers who were embracing technology. The growth in Internet penetration in Nigeria meant that these online services were more useful for the Nigerian Diaspora. Services such as FAZRemit assures its users fast, affordable transactions at the safety of their own homes. They could use their mobiles or computers to send money to Nigeria from the US.

Read: Why use online platforms to wire money to Nigeria?

Money Transfer to Nigeria using FAZRemit

The District of Columbia’s financial authority licensed FAZRemit to carry out money transfers to Nigeria from the federal district. The service has changed the lives of its users for the better. FAZRemit offers more than just money transfers. FAZRemit provides safe, affordable transactions to its users at the click of a button.

Registering to FAZRemit assures the customers a medium to send $2499 to their families instantly. The platform also secures them and their money with KYC document checks and partnership with over 25 Nigerian banks.

FAZRemit provides its services at more affordable prices than its competitors. The platform charges just 1.7% processing fee to send money to Nigeria from the United States. This enables the user to get value out of the service they chose.

Since the platform does transactions online, they show up instantly in the benefactor’s account once the user requests the transaction.

Just about anyone can use FAZRemit because of the easy-to-use interface and the customer-centric ethos of the platform. 24/7 customer support also enables the user to feel safeguarded at any point of doubt.

Sign up with FAZRemit to send up to $2499 to your families in Nigeria instantly. Money transfer to Nigeria has never been this accessible, fast or affordable!

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Money Transfer to Nigeria from Delaware, USA

Delaware is one of the 50 states in the United States. The small state in the eastern coast of the US has less than a Million residents. This ranks them…

Delaware is one of the 50 states in the United States. The small state in the eastern coast of the US has less than a Million residents. This ranks them 46th in terms of population. But the state has a median household income of $62,000 which is higher than in most other states. African Americans form a large part of the black ethnic population in the state which is close to 200,000. Remittances to the African countries from the US has increased in recent times. The total remittance to Nigeria from the US alone grew from $6.2 billion in 2017 to $7.2 billion in 2018.  Online platforms like FAZRemit aids the diaspora in money transfer to Nigeria from Delaware.

Limited options for Money Transfer to Nigeria

International transfers in the United States were predominantly carried out by banks. They proved to be safe and secure yet are on the decline. Banks provide International money transfers with variable processing fees. The processing fee is directly related to foreign exchange rates. This did not help the Nigerian diaspora who often have to pay exorbitant amounts to send money to Nigeria. The transactions also take 2-3 weeks which is a huge disadvantage for customers with time locks.

International Money Transfer Operators (IMTOs) carried over the bulk of remittance transactions for the latter part of the century. They provide “faster” transactions with remittances reaching the benefactors within 2-3 days. IMTOs charge their customers 8-10% of the remittance money as fees for these services. Their transactions are reliable for most customers but could be a hassle for the other. Moreover, the customers have no access to any info and the services are not user-friendly.

A New Player in the Field

The rise in technology usage has led to an increase in the usage of online services like FAZRemit. They provide fast, safe and affordable corridors to send money to Nigeria from the United States. The transactions can be done instantly through online platforms like FAZRemit. Their security is upheld through consistent checks and no illicit behavior is tolerated. FAZRemit and such services have created an easy corridor for the diaspora to remit money to their loved ones.

Read: What to expect from FAZRemit when used to transfer money to Nigeria from US.

FAZRemit and Services it Offers

FAZRemit is a market leader in providing fast, secure and affordable transactions to Nigeria for its customers. They charge a processing fee of 1.7 % which is the lowest in the segment. The online platform has a user-friendly interface and is heavily customer oriented.

Registering on FAZRemit is easy. Further, documents submitted during the registration helps the platform to carry out KYC checks. This ensures safe and secure money transfers to Nigeria from the US. The importance of security in online transactions is understated. The service safeguards the customer’s hard earned money all their trust.

Transactions go through instantly and the customer has complete access to all the transaction details. 24/7 customer service enables prompt responses to the customer’s query. This helps the customer to clarify doubts and questions and remit money at the earliest. They also offer mobile wallet services with their money sending platform.

FAZRemit assures fast and safe platform to send money to Nigeria from the US.

Register at FAZRemit and send up to $2499 instantly to your loved ones in Nigeria.

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Money Transfer to Nigeria from Connecticut

The State of Connecticut in the United States boasts the highest median income for households in the country. It is only the 29th most populated state with around 3 million…

The State of Connecticut in the United States boasts the highest median income for households in the country. It is only the 29th most populated state with around 3 million inhabitants according to 2018 records. The state has 10% black ethnicity groups in its population. The high median income and the low population is a driving factor for many African Americans to settle here. Nigerian Americans living here contribute a large share to the $ 7.2 billion sent as remittances to Nigeria in 2018. The diaspora uses banks and IMTOs as their primary platform for transactions but has increased their use of online services. FAZRemit is licensed to operate from the jurisdiction of Connecticut, creating an easier platform for money transfer to Nigeria.

Money Transfers to Nigeria Sees Changes

Banks and IMTOs were predominantly used to send money to Nigeria and other African countries by diasporas. But this has seen a fall in recent times with online services like FAZRemit becoming easier and more accessible.

Banks

They were the only platform to transfer money across borders for a long time. But they are currently in decline due to the rising popularity of online platforms. Banks provide safe and secure transactions with varying processing fees. The variability in the processing fee is related to the foreign exchange rates that they adhere to, for international transfers. They take 2-3 weeks to remit money to a Nigerian bank account which is not the 20th-century standard.

International Money Transfer Operators

IMTOs have had varied luck since the advent of the internet. IMTOs provide faster services to its customers than banks with 2-3 day money transfers to Nigeria. They charge 8-10% of the total remittance money as fees which is a huge loss for the diaspora. IMTOs also do not safeguard the customer’s money with the branch to branch transactions being their norm. The customer has no accessibility to the transactions and yet pay a premium for these services.

Online Platforms

The increase in usage of internet and smartphones in Nigeria has led to the rise of online platforms like FAZREmit. They help the customers to send money to Nigeria even from remote places in Connecticut at the click of a button. They assure fast, safe and affordable international money transfers to their customers. They also provide customers with complete access and have proven to be a reliable source for money transfers to Nigeria.

Read: Importance of Fast, Easy and Cheap platform to wire money to Nigeria.

Choose FAZRemit and Send Money to Nigeria Instantly

The registration process for FAZRemit is as easy as using the platform. The platform offers affordable remittance corridors for its customers. The diaspora can rely on FAZRemit to provide fast and secure transactions at an instant.

FAZRemit’s processing fees are the lowest in the market at 1.7%, which provide value to the customer. Remittances have never been more easy or secure for the diaspora in Connecticut and the United States.

KYC Document verification during the registration assures safe remittances along with ease of mind. The transactions are done instantly and show up in the benefactor’s account at the click of a button. Prompt customer service makes FAZRemit one of the most trusted online money transfer services today. Online presence of Nigerians has grown in recent years fuelling the growth of online platforms like FAZRemit

FAZRemit assures fast and safe platform to send money to Nigeria from the US.

Register today at FAZRemit and start sending up to $2499 to your loved ones in Nigeria.

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Money Transfer to Nigeria from California

California is the most populous state in the country of United States. With 39.6 million residents in the state, more than 10% of them are from Africa. The Nigerian diaspora…

California is the most populous state in the country of United States. With 39.6 million residents in the state, more than 10% of them are from Africa. The Nigerian diaspora in the state of California is spread across Los Angeles and San Francisco. Nigeria is the country with the largest population in Sub-Saharan Africa and has the highest remittance inflows in the continent. The advent of the internet revolution in Nigeria has increased the remittances flowing into the country. It is easier than ever before to send money to Nigeria through online services like FAZRemit.

Remittances to Nigeria from the US alone reached $7.2 billion in 2018. The total remittance figures of the country reached $25 billion.

Banks, IMTOs and Automated Online Transfers

Money transfer to Nigeria used to take weeks in case of banks and days in case of International Money Transfer Operators. Banks take anywhere from 2-3 weeks to remit money in the benefactor’s bank account in Nigeria. The IMTOs, claiming to be faster, take anywhere from 2-3 days to remit money to their branches in Nigeria. This is a lot slower than the instant transfers that online automated services like FAZRemit assure to its customers.

Even though Banks offer safe and reliable transfers, they also charged processing fees according to the foreign exchange rates. Customers are often troubled by the fluctuating processing fees due to the changes in foreign exchange rates.  IMTOs prove to be less of a hassle due to their standard processing fees. But these services are charged at 8-10% of the total amount. It is a loss for the diaspora to pay a premium for a 2-day remittance to their loved ones. The IMTOs also do not do enough to provide safe and reliable transfers for their customers.

Money Transfer to Nigeria becomes easier

Automated online transfer services like FAZRemit paint a completely different picture for money transfers to Nigeria from states like California. They offer fast, reliable transfers at very affordable rates. They offer value to customers which they are missing out on with banks and IMTOs.

The customer’s money is safeguarded through the transaction and is completely in the customer’s control. Document verification during the registration assures safety and secured transactions. Online transactions reach the end benefactor in an instant, into their registered accounts.

Read: 5 Indicators of a Convenient Money Transfer to Nigeria.

FAZRemit’s Advantages

FAZRemit is the industry leader in promoting money transfers to Nigeria from the US for a variety of reasons. FAZRemit offers instant account remittances to its customers at affordable rates and secure corridors. Customers need only register with FAZRemit in order to start sending money to Nigeria. They can send up to $999 by paying the lowest processing fees of 1.7%.

The Nigerian diaspora in California can use the easily accessible online banking platform to send money to their loved ones. FAZRemit does KYC verification during the registration in order to assure the safety and security of its customers and their money.

24/7 customer care and prompt reactions create a user-friendly and customer centric environment. Both of these factors play an important role in FAZRemit’s ease of use and customer-centric ethos.

FAZRemit assures fast and safe platform to send money Nigeria from the US.

Money transfers to Nigeria from the United States is just a click away. Join FAZREmit today.

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