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NGN payouts · arrive in minutes

Send USD to Nigeria, at the mid-market rate.

Pay out to a bank account in Nigerian nairas (NGN) from a US-dollar account in your own name. You see the fee and the exact amount your recipient gets before you send.

See the 21 banks we pay out to ↓

Updated · Estimated rate, as of Aug 20, 2026, 11:27 AM UTC · Reviewed by Joyce Chin, Chief Operating Officer & Compliance Officer

Estimate a payout

estimate

USD

They receive

≈ ₦1,334,961.56

Payout currency

1 USD = 1347.7653 NGN

Account type
Maash fee$9.50 (0.85% + $1.00)

Estimated mid-market rate, as of Aug 20, 2026, 11:27 AM UTC. The fee comes out of the amount you send, so the recipient gets the rest. The exact amount is shown before you confirm.

Delivery time

Minutes

bank payouts to Nigeria arrive in real time over NIP. Occasionally a banking partner pauses a transfer for a short compliance check.

from 0.85%

business rate + $1.00 fixed

1,347.7653

NGN per USD · as of Aug 20, 2026, 11:27 AM UTC

21

banks we pay out to

$2.00

minimum · up to NGN 7,500,000 (about $5,600) per transfer

// worked example

Sending $1,000.00 to Nigeria

You send

$1,000.00

Maash fee (business)

−$9.50

0.85% + $1.00 fixed

They receive

NGN 1,334,961.56

1 USD ≈ 1,347.7653 NGN · mid-market, no markup

You send

$1,000.00

Maash fee (personal)

−$11.00

1% + $1.00 fixed

They receive

NGN 1,332,939.91

1 USD ≈ 1,347.7653 NGN · mid-market, no markup

Sending $1,000.00 to Nigeria on a business account costs $9.50 and delivers ≈NGN 1,334,961.56 at the mid-market rate; on a personal account it costs $11.00 and delivers ≈NGN 1,332,939.91.

Estimated at the mid-market rate as of Aug 20, 2026, 11:27 AM UTC; the exact amount your recipient receives is shown before you confirm.

// Rate history

How the USD → NGN rate has moved

Between 31 Jul 2026 – 20 Aug 2026, captured daily, the rate ranged from a low of 1,344.5067 to a high of 1,364.4510 NGN per US dollar; the latest recorded rate, 1,344.5067, sits in the lower third of that range.

Rate history range

Mid-market rate, no markup · captured daily · as of Aug 20, 2026, 11:11 AM UTC

// the details

Sending USD to Nigeria: the details

Sending US dollars to Nigeria: payout currency, delivery method, delivery time, transfer limits, and exchange rate.
DetailValue
Payout currencyNigerian naira (NGN)
Delivery methodBank transfer over NIP
Delivery timeIn real time over NIP. Occasionally a banking partner pauses a transfer for a short compliance check.
Transfer size$2.00 minimum · up to NGN 7,500,000 (about $5,600) per transfer
Exchange rateMid-market, no markup (1 USD ≈ 1,347.7653 NGN)
What you needYour recipient’s bank details in Nigeria — the account name, account number, and any local routing code.

Every way we pay out to Nigeria

Each network runs on its own schedule. Which one a payout uses depends on the bank details your recipient has.

Every network we pay out to Nigeria over, with each one’s delivery time, minimum, per-transfer limit, and personal fee.
CurrencyPaid overDelivery timeMinLimitFee
NGNNIP · localreal time$2.00Up to NGN 7,500,0001% + $1.00
USDSWIFT1–4 days$35.36No limit1% + $35.00

Fees shown for a personal account.

Days are business days — a Saturday delays a same-day or next-day payout. These are ceilings, not typical times: within the window, how fast the money lands depends on the receiving bank.

We also pay out to Nigeria in USD over SWIFT (1% + $35.00 on a personal account, 0.5% + $35.00 on business).

You can also open a Maash account from Nigeria — see every country you can open one from.

How to send USD to Nigeria

  1. 1

    Open your Maash account

    Sign up and verify your identity. Opening a US-dollar account is free and takes a few minutes.

  2. 2

    Add your recipient in Nigeria

    Enter the amount in US dollars and your recipient’s bank details in Nigeria.

  3. 3

    Confirm and send

    Review the fee and the amount they’ll receive — both shown upfront — then confirm with your passkey.

Sending USD to Nigeria — FAQ

Speed

How long does it take to send USD to Nigeria?

Payments between Maash accounts land in seconds, and bank payouts arrive in real time over NIP. Occasionally a banking partner pauses a transfer for a short compliance check. Maash tells you when that happens.

Rate

How has the USD to NGN rate moved over this period?

Between 31 Jul 2026 – 20 Aug 2026 the mid-market rate fell 1.43%, with a low of 1,344.5067 and a high of 1,364.4510 NGN per US dollar. The rate is captured daily and shown at the mid-market rate with no markup.

Cost

How much does it cost to send money to Nigeria?

A payout to Nigeria in Nigerian nairas (NGN) costs 1% plus a $1.00 fixed fee on a personal account, or 0.85% plus $1.00 on a business account. Currency conversion uses the mid-market rate with no markup, and every fee is shown before you confirm.

Sending USD

Can I send US dollars to a bank account in Nigeria?

Yes, over SWIFT. The fee is 1% + $35.00 on a personal account, 0.5% + $35.00 on business — a payout in Nigerian nairas (NGN) costs 1% plus a $1.00 fixed fee instead, so a recipient with an account in Nigerian nairas usually pays less. Your recipient’s account must accept US dollars.

Safety

Is my money safe while the transfer is processing?

Yes. Your funds sit in your own account and only move when you confirm a transfer with your passkey. Maash can’t spend, move, or freeze your balance. Occasionally a banking partner pauses a transfer for a short compliance check. A review delays a transfer — it never takes your money.

Banks

Which banks in Nigeria can I send money to?

Maash pays out to 21 banks in Nigeria. Your recipient needs an account in their own name; enter their bank details when you add them. The list is the one Maash’s payout provider states and can change.

Account

Can I open a Maash account in Nigeria?

Yes. Nigeria is one of the countries Maash can open an account from, so you can both hold US dollars and send to Nigeria. Identity verification applies, and some countries need additional checks; Maash lists every country it can open an account from on its supported-countries page.

Send USD to other countries

All 191 payout countries →

Personal-account fee and the fastest delivery time — each page lists the networks that country is reached over, the personal and business fee, and, where we list them, the banks we pay out to.

// banks

Banks we pay out to in Nigeria

We can send Nigerian nairas to accounts at these 21 banks in Nigeria. The list comes from our payout provider and can change; if your recipient’s bank isn’t here, it may still be reachable — the account details you enter decide the rail.

21 banks

  • Access Bank PLC
  • CITI Bank
  • Ecobank Nigeria PLC
  • Fidelity Bank PLC
  • First Bank Of Nigeria PLC
  • First City Monument Bank PLC
  • GT Bank
  • Heritage Bank PLC
  • Jaiz Bank
  • Keystone Bank PLC
  • Polaris Bank PLC
  • Providus Bank
  • Stanbic IBTC Bank PLC
  • Standard Chartered Bank PLC
  • Sterling Bank PLC
  • Suntrust Bank
  • Union Bank Of Nigeria PLC
  • United Bank For Africa PLC
  • Unity Bank PLC
  • Wema Bank PLC
  • Zenith International Bank PLC

as of August 20, 2026

Send USD to Nigeria.

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