How to Cash, send, Receive Money order in Nigeria


What is a Money order?

A money order is just a printed document ordered by an organization to pay a payee. It’s also a guaranteed method of payment.

It can also be canceled by the sender at any time and we will show you how to do this on this article.

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How does money order in Nigeria work?

Think of money order as a modified form of a check. As a matter of fact, it looks like a check.

The major difference between money order and a check is that to get a money order, you will have to pay for it at a location (mostly the bank).

After which, you will take the money order to the receiver. Unlike a check where you can just write without visiting any location or organization.

Money orders typically have a limit and you would probably pay a fee to get it from the bank/organization.

If you are a receiver of this money order in Nigeria, you can withdraw it from any of the locations mentioned in this article.

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Also, to receive money order in Nigeria, you would probably pay a little fee .

Other information that you need to know before you send or receive money order in Nigeria
Unlike checks, you can monitor a money order. This means that the sender of the money order will know when a receiver gets the money. As a result, it’s harder to lie about not receiving funds.

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Also, a sender can cancel the money order before the receiver withdraws it.

Where to receive your money order in Nigeria

1.  Any UBA Moneygram location
You can receive money order through any Moneygram location in Nigeria.

Also, UBA is the only institution that we know where you can also send money order abroad or internationally from Nigeria.

All you need to do is to visit any UBA branch in Nigeria, tell them that you want to send or receive money through money order.

You will most likely fill out a form with information like amount your are about to send/receive, sender’s or receiver’s name and so on.

2. Western Union
Western Union is another way of receiving money order in Nigeria.


Although, bank are the usual places where you see western union, I would recommend you visit either First Bank or GTbank

Therefore, if you want to receive money through western union, you will have to visit one of the first bank of Nigeria or GTBank locations.

The good thing is, you don’t have to open an account with First bank of Nigeria in order to get withdraw money using your money order.

Again, you probably will fill a form where you would be asked to provide the sender’s/receiver’s name, amount you intend to send/receive and so on.

(C) Open a domiciliary account
You can also receive money order in Nigeria if you open a domiciliary account with your bank.

This is because, a domiciliary account is a foreign currency account.

As a result, it’s easier for you to perform international transactions. All you have to do is visit you bank and fill out the needed paper works.

Our advice is that you open your domiciliary account using UBA, Firstbank or GTBank.How to cash or receive money order in Nigeria.

You should take the money order to any of the locations we discussed above ( For example, First bank, GTBank, UBA)

At the location/bank, sign the back of the money order. This is only to endorse it.
Make sure you go with an authorized ID (your international passport or driver’s license will be ideal)

Also, pay a service fee. This can be deducted from the total amount you are about to receive.

Finally, your money will be given to you.

How to cancel a money order in Nigeria

Maybe you are dealing with a theft issue and you are concerned.

If you sent a money order to someone and want to cancel the money order, here is how you do it.

  • Go with the receipt to the bank or location where you got the money order.
  • Fill out a form stating your intention to cancel the money order.
  • You would probably need to pay a fee to cancel the order.
  • You money will be returned to you within 1 to 3 months

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When to use a money order in Nigeria

There are so many cases when you can use a money order. We would least a few of them

  • When you need to mail a payment to someone.
  • You need to send a check but you don’t have one.
  • You use a money order in place of cash.
  • If you are not sure if your check will bounce.
  • When sending money to someone far away.


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