NOTE: A new directive from the Nigerian Central Bank permits us to send money to Nigeria in US dollar only. Currently you can send money to a US dollar account held at Ecobank Nigeria only. You may not send money to other major banks in Nigeria until further notice.
Features and benefits
-
It' is quick, easy, safe and affordable
-
You only pay a fee of 4,5%
-
It is convenient – simply download and register on the Nedbank Money app or Online Banking
-
No need for paper work
-
With the Nedbank Money app or Online Banking, you can safely send money directly to Ecobank accounts
-
Send money to an Extended Network in selected countries
-
This service is available 24x7
Limits
A client can send the following limits based on the client type:
| Client type | Daily limit (ZAR) | Monthly limit (ZAR) |
| Asylum seeker | R5 000,00 | R25 000,00 |
| Foreign passport holder (with valid permit) | R5 000,00 | R25 000,00 |
| South African ID holder | R80 000,00 | |
How to prepare
What you will need to send money
- A Nedbank transactional account. Don’t have one? Open up a transactional account
- Are you a non-resident? No problem. Find out more
- The Nedbank Money app or an online banking profile. Download and register on the Nedbank Money app now
What your recipient needs
- A current, savings, Xpress Ecobank account or a US Dollar Ecobank account in Nigeria.
- Please note that we cannot send to a business account.
- Opening up an Ecobank account is easy. Find out more
How to send money to 33 African countries
- Log in to the Nedbank Money app or Online Banking
- Click on the ‘Transact’ icon in the bottom menu
- Select ‘Pay’, ‘International Payments’ and ‘Send Money’ or
- Swipe right to find the ‘International Banking Dashboard’Complete the required fields and accept the quotation
- Select ‘View’ and ‘Send Money’
- Select ‘Send Money to Africa’
- Select the account and confirm the payment
- Complete the required fields and accept the quotation
Send Money to Africa is available to Ecobank accounts in 33 African countries
| Benin* | Gabon* | Nigeria |
| Burkina Faso | Gambia | Rwanda |
| Burundi | Ghana* | Sao Tome |
| Cameroon | Guinea | Senegal |
| Cape Verde | Guinea-Bissau | Sierra Leone |
| Central Africa Republic | Kenya* | South Sudan |
| Chad | Liberia | Tanzania |
| Congo Brazzaville | Malawi* | Togo* |
| Coted'Ivoire* | Mali | Uganda* |
| DR Congo* | Mozambique* | Zambia* |
| Equatorial Guinea | Niger* | Zimbabwe |
| *Extended network of banks available to Send money to in these countries | ||
Help and support
Chat to Enbi - your 24/7 assistant
on the Money app or Online Banking
Get the Money app
For a secure and convenient way to manage your money, open an account, get a loan, or even buy gift and prepaid vouchers: get the Nedbank Money app.
Get the Money app