How to Send Money from Spain to Nigeria — Best Ways in 2026
Last updated: 7/3/2026 | By Aboki Forex
Spain is home to a growing Nigerian community, with Nigerians living across Madrid, Barcelona, Valencia, Bilbao, and Galicia. Whether you're sending money home for family support, school fees, or business investments, getting the best euro-to-naira rate makes a real difference. This guide covers every practical way to send money from Spain to Nigeria in 2026.
Quick Comparison: Best Apps to Send Money from Spain to Nigeria
| Service | Fee (EUR → NGN) | Speed | Rate Quality |
|---|---|---|---|
| Sendwave | €0 fee | Minutes | ⭐⭐⭐⭐ Great |
| Wise | 0.5–1.5% | 1–2 days | ⭐⭐⭐⭐⭐ Best rate |
| Remitly | €2.99–€3.99 | Minutes–2 days | ⭐⭐⭐⭐ Very good |
| WorldRemit | €1.99–€2.99 | Minutes–1 day | ⭐⭐⭐⭐ Very good |
| Western Union | €5–€15+ | Minutes (cash) | ⭐⭐⭐ OK |
| USDT P2P | <1% | 15–30 mins | ⭐⭐⭐⭐⭐ Black market rate |
Use the current euro to naira black market rate on Aboki Forex as your benchmark before sending.
Why Bizum and SEPA Cannot Send Money to Nigeria
Bizum is a Spanish instant payment system that works between Spanish bank accounts — it cannot send money internationally. SEPA transfers (used by Spanish banks for euro transfers) only work within the 36 SEPA member countries; Nigeria is not one of them.
If you ask your Spanish bank to send money to Nigeria, they'll route it as a costly international SWIFT wire — fees of €20–€50 and 2–5 days. Use the apps below instead.
1. Sendwave — Zero Fees from Spain
Sendwave supports Spain-to-Nigeria transfers with zero fees. Transfers go directly to any major Nigerian bank account in minutes. Sendwave accepts Spanish debit cards (VISA, Mastercard, Maestro) and is licensed under EU payment regulations.
Best for: Regular family support transfers in the €100–€1,500 range where zero fees make a real difference over time.
2. Wise — Best Rate for Large Transfers
Wise uses the mid-market rate with a transparent 0.5–1.5% fee. For transfers of €1,000 and above from Spain, Wise typically delivers more naira than zero-fee services because the mid-market rate is significantly better than the spread built into "free" transfer services.
How to pay from Spain: Bank transfer via SEPA to Wise's EU account (free, 1–2 days to arrive), or debit card (instant, small card fee). The recipient in Nigeria gets naira directly in their bank account.
Best for: School fees, rent, property purchases, or business payments where maximizing naira delivered matters.
3. Remitly — Fast and Reliable
Remitly supports Spain-to-Nigeria transfers via Express (minutes, €3.99 fee) and Economy (2–5 days, €2.99 fee). First-time Remitly users typically receive zero fees with a promotional exchange rate. Remitly's app is available in Spanish and English.
Best for: Urgent transfers or when you want the security of a well-established app with Spanish-language support.
4. WorldRemit — Low Flat Fees
WorldRemit charges €1.99–€2.99 flat fees for Spain-to-Nigeria bank deposits with competitive rates. Also supports cash pickup via MoneyGram agents in Nigeria for recipients without bank accounts.
5. Western Union from Spain
Western Union is widely available in Spain — at Correos (post offices), Caja Rural branches, and many supermarkets. You can send from westernunion.com or the WU app, or in person at an agent. WU supports both bank deposit and cash pickup in Nigeria.
Best for: Cash pickup only, or if the recipient in Nigeria does not have a bank account. For bank deposits, Sendwave or Wise give better rates.
6. USDT P2P — Closest to Black Market Rate
For the best possible naira rate from Spain, USDT P2P transfers give rates closest to the euro to naira black market rate on Aboki Forex:
- Buy USDT on Binance EU using your Spanish bank account or debit card.
- Send USDT to your recipient's Binance wallet in Nigeria.
- Your recipient sells on Binance P2P for naira at near-black-market rates.
- Naira is credited to their Nigerian bank account within minutes.
What Doesn't Work for Spain-to-Nigeria Transfers
Bizum — Spanish domestic only. Cannot send internationally.
SEPA bank transfer — EU-only. Cannot reach Nigerian banks.
Revolut — Very limited Nigeria support. Not reliable for this corridor.
PayPal — Withdrawal to Nigerian banks is restricted. Not recommended.
Use Sendwave, Remitly, Wise, or WorldRemit for reliable transfers from Spain to Nigeria.
Tips for Getting the Best Rate from Spain to Nigeria
- Check the euro to naira rate first. Visit the euro to naira black market rate on Aboki Forex before every transfer. It's the realistic ceiling for what's available.
- Compare "recipient gets" not just fees. A €0 fee service can give less naira than a €3 fee service if the exchange rate is worse. Always look at the final naira amount.
- First-time promotions. Remitly and WorldRemit offer improved rates on your first transfer — worth using if you haven't tried them.
- Send bigger amounts less frequently. Fixed fees hurt small transfers. Sending €600 once is better than €150 four times.