Time is Money
We created a system that makes sending money quick and easy for you, so you can focus on things that really matter.
How and Why
To get started on a money transfer, simply log in or create an account on Sharemoney's website, then click "Send Now" and provide all necessary information that's requested. Customers need to provide the exact amount of money they want to send, their contact information, the name of the beneficiary, transfer method, and payment details.
While customers are certainly allowed to use a credit card for transactions, we don't advise this method. Sharemoney supports both Mastercard and Visa, but these companies make customers pay for money transfers as cash advances, which can result in additional fees. An inexpensive way to send money is through debit card payments.
Yes, debit cards are our recomended payment method for all Sharemoney transactions.
If you're a first-time customer with Sharemoney, we will send funds immediately once we confirm your phone number and payment source. Returning customers don't need to await confirmation and can transfer money to cash pickup locations within minutes.
Regardless of payment method, senders have the option to send money directly to their recipients' bank accounts in Nigeria.
What and When
Money transfers larger than $10,000 are not currently permitted with Sharemoney. Our goal is to help people who live and work abroad to support friends and family. Customers can send up to $2,999.99 every 24 hours or every 15 days, and up to $9,999.99 in a period of 180 days. Additional rules and state regulations may apply.
Normally, recipients of money transfers will need to present their ID to pick up funds from one of the many pickup locations. We also advise you to share your money transfer number (MTN) with beneficiaries in case they require it when picking up funds.
At Sharemoney, we have an extensive network of banks that cover all of Nigeria, including Zenith Bank, Access, Ecobank, Union Bank, FirstBank and many more. You can find our list of supported banks here.
Safe & Secure Money Transfer
Sharemoney is federally and state regulated, and uses Extended Validation SSL security to protect your financial information.
Your Security is Our Priority
We know you work hard for your money. Which is why we work hard to protect it.
As a money transfer operator, we are regulated directly by the federal government and by various U.S. state governments and agencies. We comply with all applicable law, and to obtain a license or secure an exemption as required in each state in which we operate.
Protection and Privacy
If your money transfer cannot be completed for whatever reason, we will refund your transaction in full. Please allow 5-10 days for the refund to process and reflect in your bank account statement.
To help us protect you and your money, please make sure to send funds only to people you know personally, such your friends and family. Do not share your password with anyone and don't offer to send money from your account on someone else's behalf. Although Sharemoney has a whole team dedicated to detecting scams and fraudulent activity (as mandated by the Bank Secrecy Act, the US Patriot Act, and other regulations), we recommend due diligence on your part to reduce the possibility of fraud.
If you think your username and password have been lost or stolen or if you've been the victim of fraud, if you are aware of anyone or any entity that is using our services inappropriately, if you receive any fake (phishing) emails purporting to be from Sharemoney, or if you encounter any "mirrored" Sharemoney sites, please contact us immediately at firstname.lastname@example.org.