How does it work?

The money transfer service offered by Moneygram is highly competitive and it allows money to be transferred across the world within minutes. And what makes this service even more convenient is that you don't need an account to send or receive money using MoneyGram, all you need is your government issued form of identification.

When sending money via MoneyGram from Nigeria, follow these five simple steps:

1 Calculate the cost of transferring money here.

2 Locate the closest MoneyGram agent using our locator.

3 Visit the agent and make sure you bring one of the following forms of identification:

  • Passport
  • Driver's License
  • or National Identity Document

4 Complete a money transfer form, hand it to the MoneyGram agent along with the money you wish to send. This will also include a fee which will vary according to how much money you are sending.

5 You will receive a reference number from the agent which you must give to the receipt of the money and keep for your own record-keeping.

With every transaction you can a add a personal message. This service is free of charge but is restricted to 10 words only. This feature allows you to add a personal touch to your transfer and could leave your loved ones feeling even more loved.

In order to receive MoneyGram money in Nigeria, follow these four simple steps:

1 Request the reference number from the person sending the money.

2 Locate the closest MoneyGram agent using our locator.

3 Visit the agent and make sure you bring one of the following forms of identification:

  • Passport
  • Driver's License
  • or National Identity Document

4 Complete the "receive" form available from your chosen agent location; once the form has been verified, you will receive the money.

What are the costs?

When you transfer money using MoneyGram, you will be charged a fee that will vary according to the amount of money you wish to send. Using the MoneyGram cost estimate calculator, you can calculate the cost to send money anywhere in the world. You can also calculate how much money the recipient will receive depending on how much money you have available to send. The recipient of the money does not need to pay a fee to receive the money. Click here to access the MoneyGram cost estimator.

Why use MoneyGram?

MoneyGram guarantees quick and reliable transfers to almost anywhere in the world, which makes it the ideal solution to all your transferring needs. The transfers are instant and the recipient can go pick up the money from a MoneyGram outlet within 10 minutes of the money being sent. MoneyGram is also perfect for transferring money in an emergency or if you would like to gift money for special occasions.

In case you have a steady income, a personal loan is another cheap and great solution to get some additional money on your bank account. Many people in Nigeria overestimate the cost of Loans although interest rate pricing has become more favorable for consumers over the last couple of years. Click here to see interest rates for loans that might be applicable for you.

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