Please what is the best way to receive fund directly into naira account in Nigeria? Someone in Abroad need to know how to send money to his relatives in Nigeria to assist in this trying time.

Kindly assist.

He should send btc nah

The best way is to open a Domiciliary account... He can pay directly into the account and you collect it in dollars.
Why is this a better option?
If he sends it via western union/money gram or into your naira account directly... you will get it at a rate of 370-376 per dollar (naira equivalent) but if you withdraw your money in dollars via your Dom acct, you can convert at the rate of 410-420 per dollar at bureau de change.

#MyOpinion

abbasajao:
Please what is the best way to receive fund directly into naira account in Nigeria? Someone in Abroad need to know how to send money to his relatives in Nigeria to assist in this trying time.

Kindly assist.

Worldremit

Thanks for your response but banks are not open worldwide now. The sender cannot approach bank nor the receiver. This is why i need another means

LaIabobo:


Worldremit

Please explain how to use the worldremit

dawnomike:
The best way is to open a Domiciliary account... He can pay directly into the account and you collect it in dollars.
Why is this a better option?
If he sends it via western union/money gram or into your naira account directly... you will get it at a rate of 370-376 per dollar (naira equivalent) but if you withdraw your money in dollars via your Dom acct, you can convert at the rate of 410-420 per dollar at bureau de change.

#MyOpinion

Please is their ATM in Nigeria that dispense dollar I am curious to know pls, pls sir can you explain more about Dom acct

No atm can dispense any other currency in Nigeria other than Nigeria naira.

There are several websites online you can use. The recipient gets paid in like one hour

Make he use am send Bitcoin now
It's even more easier

ednut1:
There are several websites online you can use. The recipient gets paid in like one hour

Pls mention one sir?

Try azimo

Froshloaded:
He should send btc nah

how will he send it...can you please explain

vickyboiy:
how will he send it...can you please explain

Okay, the sender will buy bitcoin from any legit site he wants..
After buying then he will send the coins to his brother wallet here in Nigeria. Under 10 Minutes, he go collect am..

What the receiver will do, is to sell the btc for bank transfer on a legit platform, or to any trusted big boy wey he sabi...
If there is anything u don't kn, feel free to ask

If the person is in the US, he/she can use Wave, Transferwise or one of those services, and you will get the naira equivalent in your Nigerian bank account. The person can send it directly from his/her US bank account. I use wave and the exchange rate is 374 to 1USD, it was formerly 353 to 1USD but was recently increased.

Froshloaded:

Okay, the sender will buy bitcoin from any legit site he wants..
After buying then he will send the coins to his brother wallet here in Nigeria. Under 10 Minutes, he go collect am..

What the receiver will do, is to sell the btc for bank transfer on a legit platform, or to any trusted big boy wey he sabi...
If there is anything u don't kn, feel free to ask

thanks for the info... How do one create a wallet

Don't use Bitcoin, you may get scammed. PayPal is very much ok. Be careful. Be warned

vickyboiy:
thanks for the info... How do one create a wallet

Luno.com
Or better still just search on google link wallet

[quote author=Froshloaded post=88356659]
Luno.com
Or better still just search on google link wallet.... morning bro....they're asking for bvn on luno...is it safe

[quote author=vickyboiy post=88797417][/quote]


Luno is safe

Froshloaded:

Okay, the sender will buy bitcoin from any legit site he wants..
After buying then he will send the coins to his brother wallet here in Nigeria. Under 10 Minutes, he go collect am..

What the receiver will do, is to sell the btc for bank transfer on a legit platform, or to any trusted big boy wey he sabi...
If there is anything u don't kn, feel free to ask

goodday plz, how can some1 sell btc for bank transfer....i dont seem to understand.thanks

vickyboiy:
thanks for the info... How do one create a wallet

dont use bitcoins(btc) he must surely be scammed here in 9ja...dae scammed my frnd up to 500k

1. Go to the banks in ur country they tell you what to do.
2. Make a rigid resaerch on google about wave,transferwise money transfer....u fit run am urself.

25tolife:
goodday plz, how can some1 sell btc for bank transfer....i dont seem to understand.thanks

Where the btc dey?

Opening a dorm account is literally a long story to be honest. Tried opening one and the long document requirement stuff just made me abandon it. A friend recommended https://changera.co/ and I've been using them ever since?

This article simplifies it - https://blog.changera.co/how-to-receive-dollars-in-nigeria/