Sending money from Canada to Nigeria has become easier, faster, and more affordable thanks to the growth of digital money transfer services. Whether you’re sending money to support family, pay school fees, cover medical bills, invest in a business, or assist loved ones back home, choosing the right money transfer provider can help you save both time and money.
Different transfer services offer different exchange rates, transaction fees, transfer speeds, and payout methods. Some focus on providing the best exchange rates, while others specialize in instant transfers, cash pickups, or convenient mobile apps. Comparing these services before sending money can ensure your recipient receives more Naira while you pay less in fees.
In this guide, we’ll explore the best ways to send money from Canada to Nigeria, compare their features, discuss their pros and cons, and help you choose the right option for your needs.
Best Ways to Send Money from Canada to Nigeria
Here are some of the most reliable money transfer services available:
- Wise (formerly TransferWise)
- LemFi
- Send by Flutterwave
- WorldRemit
- Remitly
- Western Union
- MoneyGram
- Taptap Send
- Skrill
- Xoom (PayPal)
- Cryptocurrency Transfers
1. Wise (Formerly TransferWise)
Wise is one of the most trusted international money transfer platforms for Canadians sending money to Nigeria. It is well known for offering transparent pricing and exchange rates that are very close to the real mid-market exchange rate.
Unlike many traditional money transfer services, Wise doesn’t hide extra charges within its exchange rate. Instead, it clearly displays all fees before you confirm your transfer, allowing you to know exactly how much your recipient will receive.
Money can be sent directly from your Canadian bank account to Nigerian bank accounts, and many transfers are completed within a few hours or the same business day depending on the payment method.
Pros
- Transparent transfer fees
- Excellent exchange rates
- Fast bank transfers
- Secure platform
- Easy-to-use mobile app
Cons
- No cash pickup option
- Transfer speed depends on banking hours
Best For
People looking for affordable international bank transfers with competitive exchange rates.
2. LemFi
LemFi has become one of the most popular remittance apps for Nigerians living in Canada. The platform focuses on helping Africans send money home quickly, securely, and at competitive exchange rates.
Users can transfer money directly from Canadian bank accounts to Nigerian bank accounts within minutes in many cases. The app displays the exchange rate before every transaction, allowing users to know exactly what their recipients will receive.
LemFi has a simple registration process, a modern mobile app, and strong security features, making it an excellent choice for first-time users.
Pros
- Fast transfers
- Low fees
- Competitive exchange rates
- Beginner-friendly app
- Secure transactions
Cons
- Limited payout options
- Available in selected countries
Best For
Canadians who regularly send money to family and friends in Nigeria.
3. Send by Flutterwave
Send by Flutterwave is an international remittance platform developed by one of Africa’s leading financial technology companies. It provides a convenient way for Canadians to send money directly to Nigerian bank accounts.
The platform supports debit card payments and bank transfers while offering competitive exchange rates and fast processing times.
One of Flutterwave’s strengths is its deep integration with Nigerian banking systems, allowing recipients to receive money quickly without unnecessary delays.
Its website and mobile app are designed for simplicity, making the transfer process straightforward even for first-time users.
Pros
- Reliable African fintech platform
- Direct bank transfers
- Secure transactions
- Fast delivery
- Easy registration
Cons
- Cash pickup options are limited
- Transfer limits may apply
Best For
Users looking for a trusted African-focused money transfer service.
4. WorldRemit
WorldRemit is a leading international money transfer service that enables Canadians to send money to Nigeria quickly and securely. Users can complete transfers entirely online without visiting a physical location.
Recipients can receive money directly into their Nigerian bank accounts or collect cash from supported pickup locations depending on the available services.
WorldRemit also offers transfer tracking, transparent pricing, and a user-friendly mobile application that makes international money transfers convenient.
Pros
- Multiple payout options
- Fast transfers
- Secure platform
- Mobile app
- Transfer tracking
Cons
- Fees vary depending on payment method
- Exchange rates may not always be the highest
Best For
People who want flexible payout options and convenient online transfers.
5. Remitly
Remitly is one of the most popular money transfer services for Canadians sending money internationally. It offers both Economy and Express transfer options, allowing users to choose between lower fees or faster delivery.
Recipients in Nigeria can receive funds directly into their bank accounts or collect cash from supported locations.
Remitly also offers real-time transfer tracking, strong security measures, and an intuitive mobile app that makes sending money easy.
Pros
- Fast transfer options
- Competitive fees
- User-friendly app
- Secure platform
- Transfer tracking
Cons
- Exchange rates vary
- Some services depend on recipient location
Best For
People who want flexibility between speed and cost.
6. Western Union
Western Union remains one of the world’s largest and most trusted international money transfer companies. Canadians can send money online, through the mobile app, or by visiting one of Western Union’s agent locations.
Recipients in Nigeria can receive funds through direct bank deposits or cash pickup at thousands of participating locations nationwide.
Although its fees may be slightly higher than some digital-first competitors, Western Union’s global network and long-standing reputation continue to make it a popular choice.
Pros
- Trusted global brand
- Cash pickup available
- Multiple payment methods
- Secure transactions
- Wide international coverage
Cons
- Higher transfer fees
- Exchange rates may include a markup
Best For
Users who prefer well-established international money transfer providers.
7. MoneyGram
MoneyGram offers reliable international money transfer services between Canada and Nigeria. Customers can send money online, through the mobile app, or from physical MoneyGram locations.
Recipients can receive money through direct bank deposits or cash pickup, depending on the selected transfer option.
MoneyGram also provides online transfer tracking, allowing users to monitor their transfers until completion.
Pros
- Trusted international company
- Cash pickup supported
- Direct bank deposits
- Easy transfer tracking
- Secure platform
Cons
- Fees vary
- Exchange rates may not always be the most competitive
Best For
People looking for convenient international transfers with flexible payout methods.
8. Taptap Send
Taptap Send has become increasingly popular among Canadians sending money to Nigeria because of its low fees and competitive exchange rates.
Users can send money directly from their Canadian bank accounts or debit cards to Nigerian bank accounts. Many transfers are completed within minutes, making it one of the fastest remittance apps available.
The app also displays exchange rates and transfer fees before confirmation, ensuring complete transparency.
Pros
- Low transfer fees
- Fast delivery
- Excellent exchange rates
- User-friendly app
- Secure transfers
Cons
- Limited transfer destinations
- Cash pickup is generally unavailable
Best For
People who want affordable and fast bank transfers.
9. Skrill
Skrill is a digital wallet and international payment platform that also allows Canadians to send money overseas.
Users can fund their Skrill accounts using bank accounts, debit cards, or credit cards before transferring money internationally. The platform supports multiple currencies and provides secure online transactions.
Although Skrill is convenient, users should compare its fees and exchange rates with specialist money transfer providers before making large transfers.
Pros
- Supports multiple currencies
- Secure platform
- Mobile app
- Easy account management
- Trusted payment company
Cons
- Transfer fees may be higher
- Exchange rates vary
Best For
People who already use Skrill for international payments.
10. Xoom (A PayPal Service)
Xoom, a PayPal service, allows Canadians in supported regions to send money internationally through a trusted and secure platform. Users can transfer money to Nigerian bank accounts or arrange cash pickup where available.
The service supports multiple payment methods, including bank accounts, debit cards, credit cards, and PayPal where eligible.
Its strong security systems, fast transfers, and simple mobile app make it a convenient choice for many users.
Pros
- Backed by PayPal
- Fast transfers
- Secure platform
- Multiple payment options
- Easy-to-use app
Cons
- Fees depend on payment method
- Exchange rates may include a markup
Best For
People who already use PayPal and want a trusted international transfer service.
11. Cryptocurrency Transfers
Cryptocurrency has become another option for sending money from Canada to Nigeria. Users can purchase cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), or stablecoins like USDT before transferring them directly to recipients in Nigeria.
Stablecoins are often preferred because they are designed to maintain a relatively stable value, reducing the impact of cryptocurrency price fluctuations.
Once received, the cryptocurrency can be converted into Naira through a trusted Nigerian crypto exchange.
Pros
- Fast international transfers
- Available 24/7
- Low transaction costs
- Suitable for large transfers
- No traditional banking required
Cons
- Requires cryptocurrency knowledge
- Market volatility for some coins
- Incorrect wallet addresses may result in permanent loss
Best For
Experienced users comfortable using cryptocurrency for international money transfers.
How to Choose the Best Money Transfer Service
When choosing a money transfer provider, compare the following:
- Transfer fees
- Exchange rates
- Transfer speed
- Security features
- Payment methods
- Payout options
- Customer support
- Mobile app experience
Selecting the right provider can help your recipient receive more money while reducing your overall transfer costs.
Frequently Asked Questions
What is the cheapest way to send money from Canada to Nigeria?
Wise, LemFi, and Taptap Send are generally among the most affordable options due to their competitive exchange rates and relatively low fees.
Which transfer service is the fastest?
LemFi, Taptap Send, WorldRemit, and Remitly Express can often complete transfers within minutes.
Can I send money directly to a Nigerian bank account?
Yes. Most major money transfer providers support direct deposits into Nigerian bank accounts.
Is it safe to send money online?
Yes. Reputable providers use encryption, identity verification, fraud detection systems, and other security measures to protect your transactions.
Are there limits on how much I can send?
Yes. Transfer limits depend on the provider, your account verification level, payment method, and Canadian financial regulations.
Conclusion
There are many reliable ways to send money from Canada to Nigeria in 2026. Whether you prioritize low fees, competitive exchange rates, fast delivery, or convenient payout methods, you’ll find a provider that meets your needs.
For affordable transfers, Wise, LemFi, and Taptap Send are excellent choices. If you prefer established international companies, WorldRemit, Remitly, Western Union, MoneyGram, and Xoom provide dependable services with multiple payout options. Before making a transfer, compare fees, exchange rates, and delivery times to ensure your recipient receives the maximum value from every transaction.
