Nigeria
Pay NGN bills in a single click - It is fast, secure, and affordable. Say goodbye to wire fees!
Send payments directly to your suppliers' bank accounts in Nigeria as a local payment
Reliable, better and faster payment connectivity between Canada and Africa!
* Banks charge 1.5% FX spread + $40 Wire Fee
* Finofo has a fixed 0.5% FX spread + $0 Wire Fee
* Finofo has a fixed 0.5% FX spread + $0 Wire Fee
How to pay your NGN bills with Finofo?
Open your local account in seconds!
Add your beneficiary or bulk import them from ERPs
Upload or pay suppliers bills in a single click
Open your local account in seconds!
Add your beneficiary or bulk import them from ERPs
Upload or pay suppliers bills in a single click
Convert and hold funds in Finofo accounts for a lifetime
FAQs
How can Finofo send payments so quickly when banks can't?
Banks convert funds and send them as international wire transfers, which come with high fees and long processing times. Finofo, on the other hand, sends funds as local payments in the destination country, eliminating unnecessary wire fees and delays. This allows for faster, more efficient transactions.
Are there really no wire fees?
Absolutely, there are no wire fees with Finofo! Funds are transferred through local payment rails in each respective country, meaning you save on unnecessary wire fees.
Why do banks overcharge with high exchange rates?
Banks often make profits from global transactions by charging unfavorable exchange rates and high wire fees. They exploit businesses needing international transfers, and you end up paying for their inefficiencies.
My global payments are always delayed. Will it be the same case with Finofo?
Not at all. Finofo’s payments are fast, secure, and affordable. For countries with real-time local payment rails, funds reach your supplier’s bank account in real-time, often in less than 15 minutes. Even without real-time rails, funds are typically transferred within a business day. Say goodbye to delayed payments with Finofo.
Does Finofo have hidden charges or fees?
No, Finofo is a transparent accounts payable and receivable platform. There are no subscription fees, account fees, transfer fees, or wire fees. Finofo is designed to streamline your global transactions without any hidden costs.
