Send money to Nigeria

For businesses paying suppliers, staff and partners. Pay out in NGN to Bank transfer. Fund from USD, EUR, GBP or the USDC and USDT stablecoins, with the rate shown before you confirm.

Talk to sales How payouts work →

Stablecoin payments in Nigeria for businesses →

Updated October 2026

QUICK ANSWER

The fastest way for a business to send money to Nigeria is a direct payout to Bank transfer in NGN. With ElementPay it is sent on local rails with the rate and fee shown upfront, funded from fiat or stablecoins.

CurrencyNGN · Nigerian naira

Payout railsBank transfer

Typical deliveryDepends on the local rail

HoursSet by each local rail

Fund withUSD, EUR, GBP, USDC, USDT

NGN accountAvailable →

Payout rails in Nigeria.

Bank

Bank transfer

Instant transfer to any Nigerian bank account, using the 10-digit account number.

Account number + bank

USDCUSDT

Stablecoin funded

Send digital dollars, deliver NGN on any rail above.

How to send money to Nigeria.

01Add the recipientEnter their bank account number and bank.
02Lock the NGN rateChoose USD, EUR, GBP, USDC or USDT as the source. The NGN amount and fee are fixed before you confirm.
03DeliveredThe payout lands on Bank transfer in Nigeria. A webhook and receipt confirm delivery.

Popular routes to Nigeria.

→

From United KingdomGBP → NGN

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From United StatesUSD → NGN

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From UAEAED → NGN

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From GermanyEUR → NGN

USDC to NGNUSDC → NGN

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USDT to NGNUSDT → NGN

Payments in Nigeria.

Payments in Nigeria run mostly on instant bank transfers between Nigerian banks, which settle. Recipients are usually paid to a 10-digit bank account number (NUBAN).

REGION

West Africa

MAIN BUSINESS CITY

Lagos

DIALLING CODE

+234

CURRENCY

NGN

Questions about Nigeria.

How long does it take to send money to Nigeria?

Most ElementPay payouts to Bank transfer in Nigeria are sent on local rails as soon as you confirm, with a status for every payment.

Which payout methods are available in Nigeria?

ElementPay pays out in NGN to Bank transfer. Bank payouts need the recipient’s account number and bank.

Can I send money to Nigeria with USDC or USDT?

Yes. Hold USDC or USDT in your ElementPay balance and use it to fund any payout to Nigeria. ElementPay converts to NGN at a rate shown before you confirm and delivers on the local rail.

Can I hold NGN in an ElementPay account?

Yes. ElementPay issues NGN bank accounts, one per currency, so you can receive, hold and pay in Nigerian nairas.

What currency does the recipient receive in Nigeria?

Recipients in Nigeria are paid in Nigerian nairas (NGN). You can fund the payout from USD, EUR, GBP, any of ElementPay’s 30 account currencies, or USDC and USDT.