Nigeria is one of the country where Western Union operates. Though they operates there, few of the country banks are engaged to do the business. Any bank you see with the Western Union logo in front of it do money transfer by western Union.
Before you go to any of these banks to do money transfer through western Union read these:
In Nigeria you cannot be allowed to transfer or receive money through the system if you are not 18 years old and above. Apart from this read the remaining Requirement.
Requirement for Sending Money
1. Sender’s name, Phone number, address.
2. The receiver’s name and country
3. Amount the sender want to send in Naira
4. Acceptable means of identification i.e international passport, drivers licence, national ID card
5. Sender must have a FirstBank – they signed agreement with Western Union- account or be identified by an account holders
6. Test Question and Answer may be asked where applicable
7. A maximum send limit of 1,000USD or Naira equivalent per customer
per quarter, as stipulated by the Central Bank of Nigeria.
Requirement for Receiving Money
1. The Money Transfer Control Number (MTCN) which must have been sent to the receiver by sender
2. Expected Amount
3. Acceptable means of identification as above
4. The receiver’s name, address and phone numbers
5. Sender’s name and country (city to be included for transfers coming from the US and Mexico)
6. Test Question and Answer may be asked where applicable.
Transfer Charges or Fees
The receiver are not charged on any amount, but sender will be charge transaction fees which is proportional to the amount of the money being sent. As much as the money been send as the fee that is going to be charged.