Q&A

Can you be scammed by someone paying by bank transfer?

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Can you be scammed by someone paying by bank transfer?

An authorised push payment (APP) scam, also known as a bank transfer scam, occurs when you – knowingly or unwittingly – transfer money from your own bank account to one belonging to a scammer.

Which app can I use to receive money from India to Nigeria?

Paytm is one of the most popular methods of sending money from India to Nigeria. Paytm is India’s largest mobile payments platform and is a must-have tool on your smartphone. You can use Paytm to transfer funds from India to Nigeria.

How can I receive money from India Nigeria?

To send money to Nigeria, request a telegraphic transfer or direct debit from your bank or sign up for a free account with one of the money transfer companies on this page. Banks provide the INR to NGN exchange rate when you request an international payment from online banking.

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Can money be sent from Algeria to Nigeria?

Theres no way to send it from Algeria. It’s prohibited. unless you carry out cash with you through a port of exit, and again even with that there’s still a cap on how much you are allowed to take out.

How can I recover money from a scammer in Nigeria?

Contact your bank immediately to let them know what’s happened and ask if you can get a refund. Most banks should reimburse you if you’ve transferred money to someone because of a scam. This type of scam is known as an ‘authorised push payment’.

Can Nigeria use Paytm?

You can use Paytm for Nigeria funds transfers from India, but you’ll need to join Paytm and register account first. Once you’ve logged into Paytm, register an account and add money to your wallet.

How can I transfer money from India to Nigeria bank?

How to send money to Nigeria in 3 easy steps

  1. Start your transfer. Pay in INR with your debit card or credit card, or send the money from your online banking.
  2. Get the best rate out there. Wise always gives you the real and fair mid-market exchange rate.
  3. Money is locally delivered.
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Is Paytm accepted in Nigeria?

Does Algeria use cash App?

Cash App does not work internationally — you cannot make payments to someone in a different country. Cash App can only be used to send money within the country you live, and the service is only available in the US and UK.

Is Western Union available in Algeria?

Receiving in Algeria: Maximum principal payout amount is 500.000 DZ Dinar per person, per day. Passport is not accepted for National Citizens (if a foreign resident in Algeria, then it is accepted).

Is bank transfer the best method of sending money in Nigeria?

An estimated 39\% of Nigeria’s adult population is unbanked, so bank transfer may not always be the best method of sending money in Nigeria. With so many people without access to a bank account, it can be difficult to get vital funds back home to support family and friends via a bank transfer.

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How can I send money home from abroad to Nigeria?

Sending your money home to Nigeria is one of your main concerns while living and working abroad. Using Rewire’s advanced money transferring services allows you to not only take advantage of a smooth and hustle-free process, but also enjoy the best rates when exchanging Euro to Nigerians Naira.

Why choose rewire for money transfer to Nigeria?

With Rewire on your side, money transfer to Nigeria is more comfortable and more accessible than ever before. A free debit Mastercard that will make everyday purchases and international online shopping incredibly easy for you. Enjoy zero annual fees, no ATM withdrawal charges, and attractive exchange rates.