aeu1:
What's the current exchange rate of
1) Providus
2.) Wema
3.) Globus

Thanks in advance.

aking123:
Pyypl has the best rates, followed by klasha for now.

As at today, these are the rates for the different providers I have personally tried myself. I tried them both on Alexpress app and the web version of aliexpress to be sure, since some cards don't work on the app for the first time.

CashEx:
Conversion To USD: 1 USD = N742
Conversion From USD: 1 USD = N734
They Charge $1 for transactions btw $0-$50, $1.5 for transactions btw $51-$100, $2+0.5% for transactions over $100
They Charge $2 for deposits, first deposit per month is free.

Chippercash:
Using dollar card, rate - 765/$
On apple payment using dollar card, an additional conversion rate charged is 448.5/$ after previous dollar rate charge, because Apple charges in Naira. I am thinking the solution is to use the naira card on the Apple payment since the charge from Apple is in Naira but I don't know if it will work because haven't tried it yet.

Klasha:
751.11/$ with a minimum first card balance of 5$, no hidden charges for both deposits and transactions.

Kudiwave:
774/$ but doesn't work on Aliexpress.

Tribapay dollar mastercard:
770/$, minimum balance - $2, has other charges, i don't want to talk much since it is expensive already compared to others.

Grey:
Dollar card rate - 770/$, so high, won't talk much mbok.

Gomoney:
Owned by Sterling Bank, Discontinued, stopped working on international transactions.

Gotok:
It has not worked from my end as at today, some people have said it worked for them, me it has never since i created and funded the account weeks ago.

Pyypl:
748$ above. I topped up the dollar from my binance account, top up your binance by p2p. The Master dollarcard works flawlessly for aliexpress, hidden charge of 2% for international purchase (say from aliexpress) which is very small. Means if you order an item worth $10 you will be charged 2% of $10 which is like $0.2. No withdrawal charges, same amount when you withdraw to your binance, not tried but am sure.

Spendwise.ng:
Dollar card rate - 771/$, high, no further analysis.

After practically opening, and trying these several accounts, the above is my analysis.

Please if you have any cheaper or better idea, do let us know. I hope this my little info helps.

bluefilm:


Thanks a lot for sharing this.

I think I will give pyppl a trial

icon91:
In your very best interest, try to know the current situation(s) about all these payment platforms before proceeding as this very post you did quote was made in January, a lot has changed since then

Abahboniface45:


Without doubt amongst the 3 the cheapest is globus
I don't know the current rate sha

Abahboniface45:
Has anyone has this issue of seller ignoring message on aliexpress.
I ordered 3 package for a friend on 20/09/2023 that was last week Wednesday, 2 of the items have been shipped but last one which is a wrist watch has not been shipped by seller.
I have message him but he doesn't reply
What do you suggest I do?
Cancel the order and get refund or give seller more time?

BannedUser:


It is simple, if you can't wait then cancel it. If eventually you cancel the order, you would lose some money if you used a Naira denominated MasterCard /Visa Card. Also, don't expect fast shipping if you selected free shipping.

aeu1:

Which one is this $5 limit a month by globus bank ?

Abahboniface45:


Without doubt amongst the 3 the cheapest is globus
I don't know the current rate sha

aeu1:

Which one is this $5 limit a month by globus bank ?

earthrealm:


could you state their rates, or especially globus bank rate?

Controller360:
Hi guys, anyone else had the experience where in the tracking info on nipost website, it has already been indicated as "LAGOS IMPC, INSERTED INTO THE BAG" from "edi received" and then a week later, it's been removed. I have attached a screenshot of the current tracking info from ni post website and also screenshots from other apps. I also went to the post office office on friday to check but it wasn't there.

BannedUser:


Why did you choose Singapore Post for the shipping?

jboixxx:
$5? Never as bad as this back then! Stay with your virtual card o cuz all these Providus/Globulus na loss loss de with them.

anonymousey:


How boss?

Olamak1:


Some items are unavoidably bounded to Signpost,and there's nothing you can do to change it, unless you decide to go for express shipping like DHL, ems and etc.

BannedUser:


If your item isn't a phone or electronic gadget, just try to wait patiently for it to arrive at the PO. Otherwise, start fasting and prayer ASAP because anything can happen. Why did you choose Singapore Post for the shipping?

jboixxx:
Their $ to Naira rate na daylight robbery. Sometimes, they charge above what they pend when transaction is/was initiated. Sure of Pro***

Abahboniface45:


Without doubt amongst the 3 the cheapest is globus
I don't know the current rate sha

icon91:
I wonder how guys especially students that do mini importation as side hustle & hustling small scale business guys do keep up with this kinda exchange rate, the last time i bought something on Aliexpress was at rate of #931/$, now i wanted to purchase something recently, after doing the maths, i just had to withdraw my money from my dollar card to my wallet & to my bank account, honestly it's not worth it again, over #1k/$? Nah!
@jboixxx, @anonymousey...how do you guys do it with this rate & still import & sell with profit?

Do you guys source for $ anywhere else cheaper than what Virtual dollar cards offer at the moment, seriously i want to know, imagine a $100 worth of good @ #105,000 - #110,000

SUPERPACK:
You will soon wish you bought at #1020 today as rate might reach #1200 as things are going. The CBN seem to have lost break. I can't buy dollar at #1000 now too, it ain't worth it, as the quality remain same.

anonymousey:


Exchange rate compared to black market or virtual card?

BannedUser:


The rate will start coming down by Nov/Dec. This scenario being played out now is very similar to late last year's.

icon91:
I wonder how guys especially students that do mini importation as side hustle & hustling small scale business guys do keep up with this kinda exchange rate, the last time i bought something on Aliexpress was at rate of #931/$, now i wanted to purchase something recently, after doing the maths, i just had to withdraw my money from my dollar card to my wallet & to my bank account, honestly it's not worth it again, over #1k/$? Nah!
@jboixxx, @anonymousey...how do you guys do it with this rate & still import & sell with profit?

Do you guys source for $ anywhere else cheaper than what Virtual dollar cards offer at the moment, seriously i want to know, imagine a $100 worth of good @ #105,000 - #110,000

jboixxx:
For example , I bought an item and Providus sent me a pending transaction of, say, 1020. By the time de wan do the real debit, dem fit debit me 1040. You see the discrepancy.

I've had an instance that I transferred 15k to my account, bought an item of about 4k+ and made attempts to buy some other items....fiam ..... "insufficient funds" but my account was still reading 11k+. Eventually, they cleared all the 11k+, that was when I started seeing real debit alerts different from pending alerts!

Their refund value when I had a transaction at the rate of N945/$ was N800/$. That's N145 loss.

Me don leave them to their professional thiefing. Back to my Dom account for big deals and virtual cards for small deals..