Looking for how to send and receive dollars in Nigeria for free?
Yes, you will discover the best solution to this…
This content is concise, sweet, and straight to point
We are familiar with transactional charges each time we send and receive dollars with virtual dollar cards in Nigeria
Every fintech company makes a lot of money from each currency exchange and also with a small amount charged for every transaction you make
Good news…
Today’s guide will show you how to send and receive foreign currencies and also popular African currencies for free in seconds
With this procedure, you will be able to transact USD, EUR, GBP, KES, Tsh, UGX, NGN, etc. without paying a dime for bank or network charges
It’s that awesome?
Okay, let’s get you started…
HOW TO SEND AND RECEIVE DOLLARS IN NIGERIA FOR FREE
To be able to send and receive foreign currencies in Nigeria for free, you have to open a Grey.co account
Grey.co is a fintech company created to assist Africans in opening foreign bank accounts so they may receive and send money overseas online.
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Grey is frequently used by digital nomads, freelancers, and anyone who earns dollars in Nigeria,
Recently, Grey.co also introduced the Grey virtual cards to allow its customers to shop, stream, subscribe, and pay for any online transaction worldwide.
But to be able to send and receive dollars in Nigeria for free, you have to create a GreyTag
According to Grey.co – A GreyTag is a P2P (peer-to-peer) transfer feature – a faster way to do all kinds of online transactions for free
How Does The GreyTag P2P Transfer Work?
With a GreyTag, you can now send and receive payments instantly on your Grey account.
You no longer have to receive or send your banking details for international transactions.
By simply sharing your GreyTag, anyone with a Grey account can receive or send you USD, EUR, GBP, KES, Tsh, UGX, NGN, and other acceptable currencies.
This makes sending money abroad super easy…
If you’re a business owner, your employees, friends, and family members can get your payments faster and for free when you use the Grey Tag feature.
Why Should You Send Money Via a GreyTag?
Here are some reasons why using this transfer technique is likely one of the greatest options on Grey.co:
- Instantaneous transfers: Using this option, money can be sent and received instantly.
Your recipients will get the money right away in their Grey balance because there are no banks and no lengthy reconciliation procedures required.
- Free transfers: You won’t be charged extra to send money abroad.
On Grey, P2P transfers are entirely free.
- Security: Every user on Grey.co goes through a sophisticated verification process.
Every GreyTag is unique, so you’re 100% sure you’re sending funds to the right person.
So if you have digital skills in Nigeria, you can work with foreign clients, and suggest they pay you with the GreyTag and you receive foreign currencies in Nigeria for free
Check this >> How to earn $500 – $2000 per project as a Freelancer (Even with NO SKILL)
STEPS TO CREATE A GREYTAG FOR SENDING AND RECEIVING DOLLARS IN NIGERIA
To create your personal GreyTag for free foreign transactions
Follow the steps below
- First thing is to sign up on Grey.co and verify your email address.
Click here to create a Grey.co Account (use Promo code – QRMVPZ)
- Next, proceed to complete your KYC verification by uploading a valid ID card (driver’s license, national ID, or international passport)
Once you’ve been verified, sign in to your Grey.co account
- On your dashboard, tap on the Menu icon, to display the options on the left side of your mobile screen if you’re using a smartphone
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- Click on the “Create my $GreyTag
- Enter a unique username to create your GreyTag
- From your input, the system will automatically show you an available Greytag for confirmation
Click on “Create GreyTag”
Your GreyTag will be created successfully
C’est fini.. (it’s done)
Now let me show you how to send foreign currencies to anyone who has a verified Grey.co for free in seconds
How to Send Dollars in Nigeria For Free With GreyTag
Make sure you have funded your Grey.co account with Naira, Dollar, Euro, or any currency you want to send
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- Log in to your Grey account
- On your dashboard, tap on the Menu icon, to display the options on the left side of your mobile screen if you’re using a smartphone
- Click on the “Send money from my balance”
- Select the “Send using a GreyTag”
On the next page, you will receive a money transfer form
- Select the wallet you have funded for the transfer (your wallet balance will be shown automatically)
- Enter the correct GreyTag of the receiver (The receiver’s full name will be displayed automatically for confirmation)
- Select the receiver’s wallets to fund
(same currency transfer is absolutely free, no hidden charges)
- Input the amount you want to send to GreyTag (the recipient will receive the exact same amount)
- The description section is optional… (You can add a side note for the recipient to confirm that the payment came from you)
- Finally, tick the box to confirm the transaction and click on PROCEED.
(Your recipient will immediately receive the money in their available balance)
After creating a Grey.co account, don’t forget to download the mobile app on Playstore or App Store to get the best experience with Grey.co
Grey.co promises to look for ways to improve its users’ experience constantly.
As a Grey.co user you will also get for free;
- A USD bank account
- A EUR bank account
- A GBP bank account
The GreyTag P2P transactions is a new feature added on Grey.co to make foreign currency transactions in Nigeria smooth and finance friendly
Grey.co recently added the virtual dollar card feature for its users to make dollar payments with ease
You can get all these features by creating and verifying a Grey.co account
Do Note that: Grey.co KYC verification takes one full business day… Your virtual account application will also be reviewed and you should get a response between 1-3 business days.
HOW TO SEND AND RECEIVE MONEY IN NIGERIA FOR FREE – Conclusion:
The GreyTag is surely an amazing feature by Grey.co to allow foreign currencies transfer for free
By the way, we will keep publishing great insights like this to encourage you to start earning dollars in Nigeria.
Kindly note that this content is not sponsored.
In contrast, we are not connected to Grey.co, so we won’t be held responsible for any losses you may incur, so please exercise caution.
You can get a Grey.co virtual dollar card for online transactions
Watch the video right here
Have you been using the GreyTag to send and receive dollars in Nigeria… please share your experience in the comment section below
If you have any questions or challenges, feel free to ask in the comments
Don’t forget to share this good news with your friends on your social media handle
Thanks for reading…
Start NOW: Create a Grey.co Account (use Promo code – QRMVPZ)
Read more: 12 Ways To Earn In Dollars in Nigeria
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