Wise (formerly TransferWise) is a global money transfer service known for its transparent pricing and mid-market exchange rates. Founded in 2011, Wise has become one of the most trusted names in international money transfers, processing over $100 billion annually.
Create a free Wise account and verify your identity
Enter the amount you want to send and recipient's bank details
Review the fee and exchange rate (always mid-market)
Pay using bank transfer, card, or Apple/Google Pay
Track your transfer in real-time
Recipient receives NGN directly to their bank account
Yes, Wise is one of the safest money transfer services. It's regulated by financial authorities in multiple countries including the FCA (UK), FinCEN (USA), and ASIC (Australia). They use bank-level security and encryption.
Most Wise transfers to Nigeria arrive within 1-2 hours when paid by card, or 1-2 business days when paid by bank transfer. The exact time depends on your payment method and bank processing times.
Wise always uses the mid-market exchange rate with zero markup. This is the same rate you see on Google or XE.com. They make money only through their transparent fee, not hidden exchange rate margins.
Wise fees for Nigeria typically range from 0.5% to 1.5% depending on your payment method. Card payments cost more than bank transfers. The exact fee is always shown upfront before you send.
Yes, Wise supports transfers to all major Nigerian banks including GTBank, Access Bank, Zenith Bank, First Bank, UBA, and many others. You just need the recipient's account number and bank name.