What is Africhange?
Africhange is a money transfer service built for Africans in Canada. It is registered with FINTRAC, Canada's financial intelligence agency, as a money services business, and has expanded its African operations, including a licensed Nigerian money transfer subsidiary.
Its focus is narrow by design: Canada to Africa, with Nigeria as its main destination. That focus shows in its pricing, which tends to be competitive on the CAD to NGN route.
How Africhange prices a transfer
Africhange advertises no transfer fee on most transfers and earns through the exchange rate. It also shows separate new-customer and standard rates, so check which one you are being offered.
Africhange has no public rate feed we can read automatically, so its rates on our site are entered by hand and may lag behind the live app. Compare the naira amount in the app with our Canada table before you send.
Paying for your transfer
You pay from your Canadian bank account; the app walks you through the payment step. Because the money comes from your own bank, there are no card fees, and the transfer starts once your payment is received.
Delivery options in Nigeria
- Naira bank deposits: into Nigerian bank accounts, which is the main option.
- No cash pickup.
Under Central Bank of Nigeria rules, money transfer operators pay out in naira, so Africhange cannot deliver dollars to a domiciliary account.
Speed
Once your payment is received, transfers to Nigerian banks are usually completed quickly, often within minutes to a few hours. Delays usually come from:
- the bank payment step
- first-transfer identity checks
Sending from Nigeria
Africhange also supports transfers in the other direction on some routes. See our guide to sending money from Nigeria for the rules and options.
How to send money from Canada to Nigeria with Africhange
- Download the app and sign up with your Canadian address and phone number.
- Verify your identity with Canadian ID or your passport.
- Add your recipient's Nigerian bank name, 10-digit account number and full name.
- Enter the CAD amount and check the naira your recipient receives, including any new-customer rate.
- Pay from your Canadian bank account following the in-app instructions, using the exact reference shown.
- Track the transfer. It is released once Africhange receives your payment.
Common reasons transfers are delayed
- Payment issues. The bank payment didn't reach Africhange, or was sent with the wrong reference.
- Name mismatch. The recipient's name doesn't match their bank account or BVN.
- Verification. First transfers may be held for identity checks.
Our verdict
If you live in Canada and send to Nigeria regularly, Africhange deserves a place in your comparison, alongside Sendwave, LemFi and Wise. See today's Canada rates.