Whether you're receiving your salary from abroad, sending money to another country, converting your local currency, or making international transactions, we've got you covered. This guide answers your top questions on cross-border payments, helping you navigate exchange rates, fees, processing times, and more with ease.
Can I Transfer Money from Nigeria (in Naira) to the UK (in GBP) Using Cross-Border?
Can I Transfer Money from Nigeria (in Naira) to the UK (in GBP) Using Cross-Border?
Yes, you can easily transfer money from Nigeria (NGN) to the UK (GBP) with these steps:
Step 1: Swap Your Naira to GBP
Before sending money, you'll need to convert your Naira to GBP. Here’s how:
Go to Wallet and select Overview.
Click on the NGN tab, then select Swap.
Choose Naira (NGN) as the currency you’re swapping from.
Enter the amount you want to swap.
Select GBP as the currency you're swapping to.
✅ Minimum swap amount: ₦6,000
🎉 No conversion fees!
Step 2: Swap Your Naira to GBP
Once you've swapped your Naira to GBP:
Go back to Wallet Overview and select the GBP tab.
Click on Send Money and choose whether to send to a PaidHR wallet or a bank account.
Follow the instructions, enter the necessary details, and confirm your transfer.
✅ Minimum transfer amount: £5
How Long Does It Take for My Currency Swap to Reflect in the Wallet?
How Long Does It Take for My Currency Swap to Reflect in the Wallet?
Great news—your swap is processed instantly! 🎉 However, funds will be available in your GBP/USD account within 24 hours. No long waits, just a seamless process to ensure your money gets where it needs to be.
If you experience any delays or have any questions, feel free to reach out to support through the mobile or web app, or send us an email at[email protected].
How Long Does a Cross-Border Payment Take?
How Long Does a Cross-Border Payment Take?
The time it takes for your cross-border payment to reflect depends on the type of transfer:
✅ Cross-Currency Transfers (International Payments): If you're sending money to a bank account in a different currency—like USD to a domiciliary account in Nigeria, it typically takes 2-3 working days to reflect.
✅ Same-Currency Transfers (Local Payments): If you're sending money in a currency that matches the recipient’s country—like USD to a US bank account, it typically takes 1-2 working days to complete.
Are There Any Fees for Swapping Naira to USD or GBP?
Are There Any Fees for Swapping Naira to USD or GBP?
Great news! 🚀 Swapping your Naira to USD or GBP comes with zero conversion fees—yup, no extra charges! You’ll see the real-time conversion rate before confirming your swap, so you always know exactly how much you’re getting.
Simply head to Wallet > Overview, select the NGN tab, then choose Swap to exchange your Naira for USD or GBP. 💸✨