Our fees are changing on transfers from USD to NGN.

29.01.18
1 minute read

We have some news. Our fees are changing on transfers from USD to NGN.

Here’s how much your transfers will now cost, depending on the amount you send:

Amount Old fee New fee Difference Payment method
$100 $3.90 $3.90 $0.00 Direct Debit
$250 $5.30 $5.30 $0.00 Direct Debit
$500 $7.50 $7.50 $0.00 Direct Debit
$750 $9.80 $9.80 $0.00 Direct Debit
$1,000 $12.00 $12.00 $0.00 Direct Debit
$2,500 $25.50 $25.50 $0.00 Direct Debit
$5,000 $48.00 $48.00 $0.00 Direct Debit
$10,000 $93.00 $78.00 $15.00 cheaper Wire
$25,000 $228.00 $190.50 $37.50 cheaper Wire
$50,000 $453.00 $378.00 $75.00 cheaper Wire

The fee used to be $3.00 + 0.9%.

The new pricing will be:

  • $3.00 + 0.90% for direct debit and debit cards,
  • $3.00 + 0.75% for wire transfers (note that your bank is likely to charge you $25-50, on top of our fees, for wires),
  • $3.00 + 2.60% for credit cards.

You can read more about why we've made this change here.

TransferWise is the smart, new way to send money abroad.

Find out more