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Send money from Switzerland to Nigeria(CHF → NGN)
CHF
NGN|Updated Mid-market 1630.1611Cheapest todayof 3 providers
Wise
Rate 1667.6548 · Fee free
You send
CHF1,000
Recipient gets
₦1,667,655
₦44,300 more than the most expensive provider
Affiliate link · No extra cost to you
Quick answer: The cheapest way to send money from Switzerland to Nigeria in September 2026 is Wise, which delivers 1,667,654.78 NGN on a 1,000 CHF transfer with a fee of zero. According to SendMoneyCompare's comparison of 3 providers updated every 6 hours, the difference between the cheapest and most expensive provider on this corridor is 44,333 NGN.
Quotes updated: — collected automatically from provider APIs every 6 hours. How we collect and rank quotes.
What is the cheapest way to send CHF to NGN?
Sending CHF1,000 from Switzerland to Nigeria. Sorted by best value — most money received.
Source: SendMoneyCompare · Data updated every 6 hours from live provider APIs
#ProviderRateFeeRecipient getsSend
Rate 1626.7377·Fee CHF2.10·0.21% markup
Potential savings: Choosing the best provider over the most expensive saves your recipient ₦44,333.19 on a CHF1,000 transfer.
Some links on this page are affiliate links — we may earn a commission at no extra cost to you. Rankings come from live transfer data and are ordered by what your recipient receives. Whether a provider pays us plays no part in that order. Where payouts land within 0.1% of each other — less than rates typically move between our updates — the higher-rated provider is listed first. Editorial policy
Compare the cheapest ways to send money from Switzerland to Nigeria. We compare fees, exchange rates, and transfer speeds from 15+ providers so you get the most NGN for your CHF.
Whether you're supporting family in Nigeria or paying for business services, finding the cheapest way to send money from Switzerland matters. Exchange rate markups and transfer fees add up — especially on regular transfers. Our real-time comparison helps you cut costs by showing the exact amount your recipient gets from each provider.
Which provider offers the best CHF to NGN rate?
Wise
4.3Exchange rate
1667.6548
Fee
Free
Recipient gets
₦1,667,654.78
Speed
~12 hours
Also available · Digital-asset rails
Crypto & stablecoin routes for CHF → NGN
For a tech-comfortable sender, stablecoin rails can beat every bank and app. These aren't one-tap services — each is a fiat on-ramp → blockchain → local cash-out. Here's the all-in cost and how each works.
LunoBitcoin · LightningBeats mid-market
Kraken → Lightning Network (BTC) → Luno (BTC) · ~1 second
1,688,328 NGN
3.07% rebate all-in
+
LunoBitcoin · LightningBeats mid-market
Kraken → Lightning Network (BTC) → Luno (BTC) · ~1 second
1,688,328 NGN
3.07% rebate all-in
- 1Kraken CHF→BTC: 0.26%
- 2Lightning Network network: 0.000001 BTC
- 3Luno (BTC): 0.23% spread
- 4200 NGN withdrawal fee
Also routable via Lightning Network (BTC), Stellar (USDC), Solana (USDC), Polygon (USDC).
Source: Luno REST API
Crypto rails involve exchange accounts, wallets, and price/liquidity risk. Costs are estimates from live exchange and network data, refreshed every 6 hours. Not financial advice.
How to cash out in Nigeria →SendMoneyCompare
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Example alert
CHF → NGN · cheapest just changed
Sending 1,000 CHF today? The cheapest provider on this corridor changed overnight — same money in, more NGN out. A bank wire is still the most expensive way to send it.
sendmoneycompare.com/send-money/switzerland-to-nigeria
09:12Watch the card-funding fee
Two providers added a card-funding fee this morning. Paying by bank transfer is the cheaper route today.
Thu 16:40Guides, fees & how it works
Which provider is best for each transfer type?
Different providers excel at different things. Here's who's best for each use case on the Switzerland to Nigeria route.
Cheapest transfer
Wise
Delivers the most NGN for your money
Fastest transfer
Wise
Delivers in ~12 hours
Cash pickup
WorldRemit
Widest cash pickup network
Bank transfer
Wise
Best rate for bank deposit to Nigeria
How to send money to Nigeria
Sending money to Nigeriais straightforward with the right provider. Here's how it works in 3 simple steps.
Step 1
Enter your transfer details
Choose how much CHF you want to send, compare providers above, and pick the one offering the best NGN amount for your transfer to Nigeria.
Step 2
Add your recipient
Enter your recipient's details in Nigeria — you'll need their bank account number. Most providers verify details instantly.
Step 3
Send & track your transfer
Pay using bank transfer, debit card, or credit card. Track your money in real-time until it arrives — bank deposit typically takes minutes to 1 day.
What you need to send money to Nigeria
Make sure you have these details from your recipient before starting your transfer.
Full name
Recipient's full name as registered with their bank (matching BVN records)
Bank account number
10-digit NUBAN (Nigeria Uniform Bank Account Number)
Example: 0123456789
Bank name
Name of the receiving bank (e.g. GTBank, Access Bank, Zenith Bank, First Bank)
Note: Nigeria uses the NUBAN (Nigeria Uniform Bank Account Number) system — a standardized 10-digit account number. Every Nigerian bank account holder also has a BVN (Bank Verification Number) which links all their accounts across banks.
Transfer examples: CHF to NGN
See how much your recipient would get for common transfer amounts.
Send CHF500
ProviderFeeReceives
Wise
1667.65 · ~12 hours
WorldRemit
1634.89 · 1-2 business days
Western Union
1626.74 · 1 business day
ProviderFeeRateReceivesSpeed
WiseFree1667.65₦833,827~12 hours
WorldRemitFree1634.89₦817,4441-2 business days
Western UnionCHF1.051626.74₦811,6611 business day
Send CHF1,000
ProviderFeeReceives
Wise
1667.65 · ~12 hours
WorldRemit
1634.89 · 1-2 business days
Western Union
1626.74 · 1 business day
ProviderFeeRateReceivesSpeed
WiseFree1667.65₦1,667,655~12 hours
WorldRemitFree1634.89₦1,634,8891-2 business days
Western UnionCHF2.101626.74₦1,623,3221 business day
Send CHF5,000
ProviderFeeReceives
Wise
1667.65 · ~12 hours
WorldRemit
1634.89 · 1-2 business days
Western Union
1626.74 · 1 business day
ProviderFeeRateReceivesSpeed
WiseFree1667.65₦8,338,274~12 hours
WorldRemitFree1634.89₦8,174,4431-2 business days
Western UnionCHF10.501626.74₦8,116,6081 business day
How much does it cost to send money from Switzerland to Nigeria?
Transfer fees from Switzerland to Nigeria vary by provider. Specialist services charge CHF0–10 per transfer, while banks charge CHF25–50 plus a 2–5% exchange rate markup. The exchange rate markup is usually the bigger cost — always compare the total NGN your recipient receives, not just the advertised fee.
Understanding the total cost
The true cost of a money transfer has two components:
Transfer fee
The upfront charge — typically CHF0–CHF10 with specialist providers.
Exchange rate markup
The hidden cost — the difference between the provider's rate and the mid-market rate (1630.1611).
Ways to send money to Nigeria
Choose how you want to pay for your transfer. Each payment method has different costs and speeds.
Bank deposit is the most common and reliable delivery method in Nigeria. The NIBSS Instant Payment (NIP) system enables near-real-time transfers between Nigerian banks. Mobile money is growing but less established than in East Africa.
Bank Transfer
Low costSpeed: 1–3 business days
Usually the cheapest option — lowest fees and no card processing charges
Debit Card
Medium costSpeed: Minutes to hours
Fast and convenient — small card processing fee applies
Credit Card
Higher costSpeed: Minutes to hours
Fastest option but highest fees — card issuer may charge cash advance fee
Apple Pay
Medium costSpeed: Minutes to hours
Convenient mobile payment — linked card fees apply
Cash
Medium costSpeed: Varies
Pay cash at an agent location — available at select providers
How can my recipient receive money in Nigeria?
Your recipient in Nigeria can receive money through these delivery methods. The best option depends on their location and preferences.
Bank Deposit
Minutes to 1 day
Direct transfer to Nigerian bank accounts via the NIBSS instant payment system. Most banks credit within hours.
WiseRemitlyWorldRemitWestern Union+1 more
Mobile Money
Minutes
Transfer to mobile money wallets like OPay or Paga — growing alternatives for recipients without traditional bank accounts.
WorldRemit
Cash Pickup
Minutes
Recipient collects cash from partner bank branches and agent locations across Nigeria.
Western UnionMoneyGramRia Money Transfer
What are the transfer limits and regulations for Nigeria?
Important rules and requirements to know before sending money to Nigeria.
Regulatory body
Central Bank of Nigeria (CBN)
Inbound transfer limits
No cap on incoming diaspora remittances — Nigeria actively encourages inbound transfers
Documentation you may need
- Government-issued photo ID (passport, driver's license, or state ID)
- Social Security Number or equivalent tax ID
- Proof of source of funds for transfers over $5,000 with some providers
Important things to know
- The CBN has unified exchange rates following currency reforms. The gap between official and parallel market rates has narrowed significantly.
- NGN rates can change rapidly — always check the rate at the exact time of sending, not hours earlier.
- Recipients may need their BVN (Bank Verification Number) for cash pickups over certain thresholds.
- Nigerian domiciliary (DOM) accounts can receive foreign currency directly without conversion to NGN.
How long does it take to send money to Nigeria?
Most transfers from Switzerland to Nigeria arrive within 1–2 business days with specialist providers. Bank wires take 3–5 business days. Some providers offer instant or same-day delivery to Nigeria for a small premium.
Standard delivery
- Wise~12 hours
- WorldRemit1-2 business days
- Western Union1 business day
Popular banks in Nigeria
These are the most commonly used banks for receiving international transfers in Nigeria.
BankSWIFT/BICNotes
GTBank (Guaranty Trust)
GTBINGLAXXX
Access Bank
ABORINGCXXX
Zenith Bank
ZEABORILXXX
First Bank of Nigeria
FABORINLXXX
United Bank for Africa (UBA)
UNAFNGLAXXX
Fidelity Bank
FIDTNGLA
Frequently asked questions
Common questions about sending money from Switzerland to Nigeria
What is the cheapest way to send money from Switzerland to Nigeria?
The cheapest option changes daily based on exchange rates. Use our comparison table above to see today's rates from every provider. Specialist services like Wise, Remitly, and OFX consistently offer better value than banks.
How long does it take to send money from Switzerland to Nigeria?
Most specialist providers deliver to Nigeria within 1–2 business days. Some offer instant delivery for certain payment methods. Bank wires typically take 3–5 business days.
How much does it cost to send CHF1,000 from Switzerland to Nigeria?
Costs depend on the provider's fee and exchange rate markup. Compare all providers in our table above to see exactly how much NGN your recipient would receive from a CHF1,000 transfer today.
Can I send money from Switzerland to Nigeria online?
Yes, all the providers we compare support online transfers from Switzerland to Nigeria. Most also offer mobile apps. You can typically pay by bank transfer, debit card, or credit card.
Is it better to use a bank or a money transfer service to send money to Nigeria?
Money transfer services are almost always cheaper. Banks typically charge CHF25–50 per wire plus a 2–5% exchange rate markup. Specialist providers charge CHF0–10 with markups under 1%, saving you significantly on every transfer to Nigeria.
More for this corridor
Everything about sending money to Nigeria
Recipient requirements, delivery methods, regulations, popular banks, and more.
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