How Rates Work
Understanding how money transfer rates are calculated helps you make better decisions. Here’s what you need to know:
Exchange Rate
The exchange rate is the rate at which your GBP is converted to NGN. Providers may offer different rates based on market conditions and their own margins.
Fees
Providers may charge a fixed fee, a percentage fee, or both. Always check the total cost before sending money.
Provider Margin
The margin is the difference between the provider’s rate and the mid-market rate. Lower margins usually mean better value for you.
Disclaimer
Important: All rates and fees are subject to change. Always verify with the provider before making a transfer. This page is for informational purposes only.
Questions?
Contact support@werx-health.com for more information.