Home > Salary > Nigeria > Banking Electronic Transfer Coordinator
A banking electronic transfer coordinator is responsible for overseeing and facilitating the electronic transfer of funds between financial institutions. They ensure that all transactions are processed accurately, efficiently, and securely. This occupation involves coordinating with various stakeholders, such as customers, banks, and third-party service providers, to facilitate smooth and timely fund transfers. The coordinator verifies the authenticity of the transaction, monitors its progress, and resolves any issues or discrepancies that may arise during the process. They also maintain accurate records of all transactions and ensure compliance with relevant regulations and policies.
Estimated Yearly Salary: 3,545,438 NGN
Estimated Monthly Salary: 295,453 NGN
Estimated Weekly Salary: 68,182 NGN per week
Estimated Hourly Salary: 1,705 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 284,937 NGN
Estimated Weekly Salary: 65,755 NGN per week
Estimated Hourly Salary: 1,644 NGN per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 4,241 USD
Estimated Monthly Salary: 353 USD
Estimated Weekly Salary: 82 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 3,545,438 NGN
Estimated Monthly Salary: 295,453 NGN
Estimated Weekly Salary: 68,182 NGN per week
Estimated Hourly Salary: 1,705 NGN per hour
By working as Banking Electronic Transfer Coordinator a person can save up to 148 USD per month or 1,774 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Nigeria, see costs of living in Nigeria.
Estimated Yearly Salary for Banking Electronic Transfer Coordinator
Last revision of data: 2025-01-04
Data as of 2025
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Banking Electronic Transfer Coordinator salary in Nigeria
Average Yearly Salary of Banking Electronic Transfer Coordinator in Nigeria is approximately 3,545,438 NGN (4,241 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Banking Electronic Transfer Coordinator do?
A banking electronic transfer coordinator is responsible for overseeing and facilitating the electronic transfer of funds between financial institutions. They ensure that all transactions are processed accurately, efficiently, and securely. This occupation involves coordinating with various stakeholders, such as customers, banks, and third-party service providers, to facilitate smooth and timely fund transfers. The coordinator verifies the authenticity of the transaction, monitors its progress, and resolves any issues or discrepancies that may arise during the process. They also maintain accurate records of all transactions and ensure compliance with relevant regulations and policies.
Skills: Banking, Electronic transfer, Coordinator, Financial institutions, Fund transfers, Compliance.
Job industry: Finance
Job industry: Finance
How much does Banking Electronic Transfer Coordinator make?
Salary details
How much does Banking Electronic Transfer Coordinator make?Estimated Yearly Salary: 3,545,438 NGN
Estimated Monthly Salary: 295,453 NGN
Estimated Weekly Salary: 68,182 NGN per week
Estimated Hourly Salary: 1,705 NGN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 3,419,240 NGNEstimated Monthly Salary: 284,937 NGN
Estimated Weekly Salary: 65,755 NGN per week
Estimated Hourly Salary: 1,644 NGN per hour
Last revision of data: 2024-01-03Banking Electronic Transfer Coordinator estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,241 USD
Estimated Monthly Salary: 353 USD
Estimated Weekly Salary: 82 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Nigeria is a country located in West Africa. It is the most populous country on the African continent, with a population of over 200 million people. The country covers an area of about 923,768 square kilometers, making it the 32nd largest country in the world. Nigeria shares borders with Niger, Chad, Cameroon, and Benin.
Estimated national average yearly salary is 3,943,871 NGN (5,140 USD). Value indicated is pre-tax. Below graph shows estimated Banking Electronic Transfer Coordinator job salary compared to average salary in Nigeria.
Comparison shows that a person working as Banking Electronic Transfer Coordinator in Nigeria earns on average:
0.9 times the average salary (or 90% of average salary).
Estimated national average yearly salary is 3,943,871 NGN (5,140 USD). Value indicated is pre-tax. Below graph shows estimated Banking Electronic Transfer Coordinator job salary compared to average salary in Nigeria.
Comparison shows that a person working as Banking Electronic Transfer Coordinator in Nigeria earns on average:
0.9 times the average salary (or 90% of average salary).
Is Banking Electronic Transfer Coordinator a well paid job?
Yes, our data show that Banking Electronic Transfer Coordinator is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Banking Electronic Transfer Coordinator?
High salary for Banking Electronic Transfer Coordinator would be somewhere between 3,899,982 NGN and 5,140,885 NGN. However this is an estimation based on Gaussian Distribution.How much can you save working as Banking Electronic Transfer Coordinator in Nigeria?
Living in Nigeria the approximate monthly expenses are: 206 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 3,545,438 NGN
Estimated Monthly Salary: 295,453 NGN
Estimated Weekly Salary: 68,182 NGN per week
Estimated Hourly Salary: 1,705 NGN per hour
By working as Banking Electronic Transfer Coordinator a person can save up to 148 USD per month or 1,774 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Nigeria, see costs of living in Nigeria.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Niger, Chad, Cameroon, Benin. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Banking Electronic Transfer Coordinator
Cameroon is 1,369 USD
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Nigeria
(44,763,887 NGN per year, pre-tax.)
2. Cardiologist
(37,279,896 NGN per year, pre-tax.)
(36,135,019 NGN per year, pre-tax.)
4. Neurosurgeon
(35,033,176 NGN per year, pre-tax.)
(35,006,913 NGN per year, pre-tax.)
(34,175,491 NGN per year, pre-tax.)
7. Oncologist
(34,169,925 NGN per year, pre-tax.)
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(34,132,586 NGN per year, pre-tax.)
10. Plastic surgeon
(34,129,168 NGN per year, pre-tax.)
Data as of 2025Random salary:
Machine operator 2 (2,169,129 NGN per year, pre-tax.)
Data entry specialist ii (2,468,686 NGN per year, pre-tax.)
Diagnostic ultrasound technologist (5,620,428 NGN per year, pre-tax.)
Sql database analyst (6,041,772 NGN per year, pre-tax.)
Houseman (1,940,644 NGN per year, pre-tax.)
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