Jack’s Japa Empowerment - Diaspora Handbook

113. INTERNATIONAL MONEY TRANSFER International money transfers are a regular occurrence for Nigerians living abroad. You cannot avoid sending money to family, paying for property, or supporting projects back home. However, far too many people use it recklessly, resulting in financial losses due to hefty fees, poor rates, or insecure platforms. International money transfer is more than just transmitting money; it's about strategy, security, and sustainability. If you don't manage it properly, you'll keep working hard just to see your earnings dwindle. The first rule is to understand exchange rates and transfer fees. Every naira you send is important; therefore, you must understand how much you are losing in the process. Some people stick to one method out of convenience, even when it is not favourable. Others follow the crowd, using whichever platform is trending. That is dangerous. You must compare rates, check reviews, and understand the fine print. Saving a few poun...