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The short answer
Remitly's UK pricing page for pounds to naira, read in October 2026, shows a fee of £0.99 for transfers below £100 and £0 for £100 or more. The exchange rate is a separate cost and changes through the day, and Remitly says the payment method can affect speed and fees, so read the final quote before you pay.
The £0.99 rule is simple on the page: send under £100 and the fee line shows 99p; send £100 or more and it shows nothing. What the rule does not tell you is the whole cost, which also depends on the exchange rate Remitly gives you and on how you pay. This page explains each part using Remitly's own pricing page and does not print a rate, because it changes.
What the pricing page shows
| Amount sent (GBP to NGN) | Fee shown |
|---|---|
| Below £100 | £0.99 |
| £100 or more | £0 |
The page does not split the fee by Economy and Express. It does say the payment method may affect speed and fees, and lists debit card, credit card and bank payment. Remitly's Nigeria page lists UK payment methods including Visa and Mastercard debit and credit cards, Apple Pay, Maestro, prepaid cards and "Easy Bank Transfers".
The rate is the bigger number
On a transfer of £100 or more, the fee is zero, so the cost to you sits in the exchange rate: the gap between the naira Remitly offers and what the mid-market rate would give at that moment. On a small transfer, 99p may be the smaller part of the cost.
The first-transfer promotional rate
The pricing page offers new customers a promotional rate on their first transfer and says the promotional rate "applies to first GBP 250.00 sent". If you send over £250, "the non-promotional FX rate shown applies when you pay by Easy bank transfer". So a large first transfer is not all at the promotional rate. Promotional terms are in Remitly's new-customer promotion terms linked from the page; see also promo rates on a first transfer.
Worked example
Example only; the rates are invented to show the method. Suppose the quote rate is ₦1,880 and the mid-market rate at that moment is ₦1,910.
| £90 transfer | £110 transfer | |
|---|---|---|
| Fee | £0.99 | £0 |
| Naira received at ₦1,880 | ₦169,200 | ₦206,800 |
| Naira at mid-market ₦1,910 | ₦171,900 | ₦210,100 |
| Rate cost in naira | ₦2,700 (about £1.41) | ₦3,300 (about £1.73) |
| Total cost | about £2.40 | about £1.73 |
Sending £110 instead of £90 costs less in total in this example because the fee drops away. That does not mean you should send more than you need; it means that if two small transfers are planned close together, one transfer of £100 or more avoids the fee twice. Repeat the arithmetic with your own quote.
How your payment method changes things
- Easy bank transfer
- Named on the pricing page as the method under which the non-promotional rate applies above £250.
- Debit card
- Listed as a payment method; the page says payment method may affect speed and fees.
- Credit card
- Also listed. Your card provider may treat it as a cash transaction: Barclaycard, for example, lists wire transfers and money orders as cash-like transactions charged a cash fee, with interest from the date of the transaction even if you pay the balance in full.
Our page on paying by debit or credit card covers how to check your card's terms.
When the 99p matters, and when it does not
For most senders the fee decision comes down to habits. If you send small amounts often, such as £30 for a sibling's data and £50 for a parent's medicine, each transfer under £100 carries the 99p fee on the pricing page. Over a year of weekly transfers that adds up to more than £50 in fees alone, before any rate cost. Grouping payments into one transfer of £100 or more, where the timing allows, removes the fee line. Where the money is needed now, 99p is a small price for speed, and the rate matters more.
- Frequent small sends: consider grouping into fewer transfers of £100 or more.
- One-off small send: the 99p is fixed; compare the rate rather than the fee.
- First transfer over £250: only the first £250 gets the promotional rate, per the pricing page.
Where to check today's figures
- Open Remitly's GBP-to-NGN pricing page or the app and enter your amount.
- Read the fee line, the exchange rate and the naira the recipient gets.
- Change the payment method and see whether the quote changes.
- Compare the rate with the mid-market rate at the same moment, as in the example.
For a deeper look at margins, see FX margins on UK–Nigeria transfers.
Where Pryme fits
In a Pryme account, money stays in pounds until you choose to convert with Swap; the app shows the rate and the fee before you approve.
Questions people ask
How much does Remitly charge to send £50 to Nigeria from the UK?
Remitly's UK pricing page shows a £0.99 fee for transfers below £100, read in October 2026. The exchange rate is a separate cost shown on the quote.
Is Remitly free to Nigeria over £100?
The fee line is £0 for £100 or more on the pricing page. You still pay through the exchange rate, so compare it with the mid-market rate.
Does the Remitly promo rate apply to my whole first transfer?
The pricing page says the promotional rate applies to the first £250 sent; above that, the non-promotional rate applies when paying by Easy bank transfer.
Does paying by credit card cost more on Remitly?
Remitly says the payment method may affect speed and fees. Your card provider may also charge a cash fee and interest from day one; check your card terms.
Sources
- Remitly UK: GBP to NGN pricing · accessed Oct 2026
- Remitly UK: Send money to Nigeria · accessed Oct 2026
- Barclaycard: Your cash interest rates and fees · accessed Oct 2026
This article is general information, not financial, legal or tax advice. Products described are provided under the terms on this site and are subject to regulation and eligibility.