How Do I Transfer Naira And Will Be Received In Dollars In The Us - Business

How Do I Transfer Naira And Will Be Received In Dollars In The Us - Business - Nairaland

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How Do I Transfer Naira And Will Be Received In Dollars In The Us by yusasiv(op): 5:54am On Apr 09, 2017

hello fellow NL, i don't know if anyone here can explain to me. the best way to send some Money (Naira) from Nigeria here to the US with a very low charges/ transaction fee, i have tried to find out how domiciliary account work but am disappointed as the charges to be incurred while making transfer can sometimes be more than the money to be sent. please, if anybody have an idea, a better idea on what channel /medium to use, i will appreciate it.

thanks, also i don't know the right section to drop this, i stand to be corrected

Re: How Do I Transfer Naira And Will Be Received In Dollars In The Us by LionDeLeo: 5:57am On Apr 09, 2017

From Naira-denominated account, no way. CBN things. Only possible with a domiciliary account.

Re: How Do I Transfer Naira And Will Be Received In Dollars In The Us by yusasiv(op): 6:35am On Apr 09, 2017

LionDeLeo:
From Naira-denominated account, no way. CBN things. Only possible with a domiciliary account.

it doesn't have to be a Naira-denominated account... but the domiciliary transaction fee is just too much, imagine i was been told $25 will be charged for VAT, another $25 for another thing, then.. 0.5% will be charged for tax or whatever, what if i only had $50 to be transferred, that means am dishing it out to the bank... pls, is there any other recommendable way?

Re: How Do I Transfer Naira And Will Be Received In Dollars In The Us by modath(f): 6:58am On Apr 09, 2017

yusasiv:
it doesn't have to be a Naira-denominated account... but the domiciliary transaction fee is just too much, imagine i was been told $25 will be charged for VAT, another $25 for another thing, then.. 0.5% will be charged for tax or whatever, what if i only had $50 to be transferred, that means am dishing it out to the bank... pls, is there any other recommendable way?

Bros , look for someone abroad to pay for you and you credit the person naira here... you can't transfer naira and get dollars , e nor possible.

Re: How Do I Transfer Naira And Will Be Received In Dollars In The Us by LionDeLeo: 6:59am On Apr 09, 2017

yusasiv:
it doesn't have to be a Naira-denominated account... but the domiciliary transaction fee is just too much, imagine i was been told $25 will be charged for VAT, another $25 for another thing, then.. 0.5% will be charged for tax or whatever, what if i only had $50 to be transferred, that means am dishing it out to the bank... pls, is there any other recommendable way?

Very unfortunate situation we find ourselves in. After sourcing the dollars from the parallel market (non official rate) at a cut-throat price, the banks want to charge at the exorbitant "official rate". Very unfortunate. Meanwhile, from your tone (actually from the writing) it is apparent you genuinely want to make this transfer, but we are all getting blanket treatment for the sins of the round-tripers. Sadly, that is the only way known to me.

You may copy the mods for front page things to get a wider view and advice. Let me start, cos I'm also interested. They may never do the needful since it is not about snakes or Tonto Dickey, bbn, etc.

Cc.
FOD, puskin, Dominique

Modified. Aha, I can see Modath has given a very good solution but it depends on if you know anyone as such who is willing to do such transaction.

Re: How Do I Transfer Naira And Will Be Received In Dollars In The Us by bedford101(m): 7:15am On Apr 09, 2017

yusasiv:
hello fellow NL, i don't know if anyone here can explain to me. the best way to send some Money (Naira) from Nigeria here to the US with a very low charges/ transaction fee, i have tried to find out how domiciliary account work but am disappointed as the charges to be incurred while making transfer can sometimes be more than the money to be sent. please, if anybody have an idea, a better idea on what channel /medium to use, i will appreciate it.

thanks, also i don't know the right section to drop this, i stand to be corrected

if you want to send money to the USA, contact me, you will pay the naira equivalent. Whatsap 08078569784, note it's a face to face transaction

Re: How Do I Transfer Naira And Will Be Received In Dollars In The Us by JLINE(m): 7:30am On Apr 09, 2017*

yusasiv:
hello fellow NL, i don't know if anyone here can explain to me. the best way to send some Money (Naira) from Nigeria here to the US with a very low charges/ transaction fee, i have tried to find out how domiciliary account work but am disappointed as the charges to be incurred while making transfer can sometimes be more than the money to be sent. please, if anybody have an idea, a better idea on what channel /medium to use, i will appreciate it.

thanks, also i don't know the right section to drop this, i stand to be corrected

I could carry out the transaction for you and nice rate too.

Re: How Do I Transfer Naira And Will Be Received In Dollars In The Us by olamydey(f): 7:58am On Apr 09, 2017

Western union or moneygram outbound.

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Re: How Do I Transfer Naira And Will Be Received In Dollars In The Us by yusasiv(op): 8:00am On Apr 09, 2017

modath:
Bros , look for someone abroad to pay for you and you credit the person naira here... you can't transfer naira and get dollars , e nor possible.

pls, can u clarify your suggestion... can u make further explanation?

Re: How Do I Transfer Naira And Will Be Received In Dollars In The Us by modath(f): 8:13am On Apr 09, 2017

yusasiv:
pls, can u clarify your suggestion... can u make further explanation?

Go to currency thread on business board... ask "anyone here can help me pay so and so amount in an account in so and so country while I credit the person's naira account", before long, someone will respond.

Re: How Do I Transfer Naira And Will Be Received In Dollars In The Us by 2sexynet: 9:13am On Apr 09, 2017

olamydey:
Western union or moneygram outbound.

Happy Birthday.

Re: How Do I Transfer Naira And Will Be Received In Dollars In The Us by olamydey(f): 3:14pm On Apr 09, 2017

2sexynet:
Happy Birthday.

Thank you... Appreciate

1 Like

Re: How Do I Transfer Naira And Will Be Received In Dollars In The Us by JLINE(m): 9:19am On Apr 18, 2017

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