How To Send Money to Ghana via MTN Mobile Money

MTN Mobile Money (also called 'MTN MoMo') is an excellent mobile app helping to transition Ghana to a more cashless society. With it, you can conveniently send money to friends, shop online, and even manage your pension directly from your mobile phone.

Services like Remitly and others enable you to send money to MTN MoMo from abroad. Find the cheapest and fastest service using Monito'sto’s live comparison tool below! 👇

Option 1: Digital Platforms

The best way to send money to an MTN Mobile Money account in Ghana is to choose a digital money transfer platform. These platforms, like Remitly, offer MTN Mobile Money payouts in Ghana and support transfers from dozens of countries around the globe, including the US, UK, Germany, and South Africa.

To get started, you must sign up on one of these platforms (the process is usually quick, easy, and free) and choose MTN Mobile Money as your delivery method. You'll then be able to enter your recipient's mobile number and name and then make a bank or card transfer from your local currency to their MTN MoMo account in Ghanaian cedi at excellent exchange rates. (What's more, the money normally arrives in Ghana in only a few minutes!)

We go through each option in more detail below:

Remitly

Remitly is a US-based remittance platform that's usually the fastest and cheapest way to send money to Ghana. It supports transfers to Ghana from many countries worldwide, including the US, UK, EU, and Australia.

• Average cost to Ghana: -0.45%
• Available major send countries: US, UK, EU, Australia, Canada
• Unavailable major send countries: South Africa, Saudi Arabia, Qatar, UAE, Turkey
• MTN MoMo limits: USD 2,999 within 24 hours, USD 10,000 within 30 days, and USD 18,000 within 180 days
• More info: See our full Remitly review or visit their website.

WorldRemit

WorldRemit is a UK-based online remittance provider that offers another excellent way to send money to someone's MTN Mobile Money account in Ghana.

• Average cost to Ghana: Approx. 4%
• Available major send countries: US, UK, EU, Australia, Canada, South Africa
• Unavailable major send countries: Turkey
• MTN MoMo limits: GHS 2,400 (approx. USD 150)
• More info: See our full WorldRemit review or visit their website.

Option 2: Legacy Platforms

In addition to the savvy online options we discussed above, using a traditional player like Western Union or MoneyGram is another good alternative to sending money to Ghana with MTN Mobile Money — especially if you're sending from a smaller country that's not covered by one of the digital providers.

Although legacy platforms are usually more expensive than online platforms, they usually still offer decent exchange rates, and the cheaper option will depend on how much you're sending and the country you're sending to Ghana from. That's why we recommend you compare money transfer providers before every new transfer to Ghana.

Let's go over the leading platforms in this category:

Western Union

Western Union is the largest and oldest money transfer operator on the globe, offering money transfers to Ghana via MTN Mobile Money from dozens of countries across the globe.

• Average cost to Ghana: 8.4%
• Available major send countries: All
• Unavailable major send countries: None
• MTN limits: Approx. USD 2,000
• More info: See our full Western Union review or visit their website.

MoneyGram

After Western Union, MoneyGram is the second-largest money transfer operator in the world and also offers money transfers to Ghana via MTN Mobile Money from a large number of countries worldwide.

• Average cost to Ghana: 2.6%
• Available major send countries: All
• Unavailable major send countries: None
• MTN limits: None
• More info: See our full MoneyGram review or visit their website.

Option 3: Banks

If sending money to somebody's bank account is an option, it's always possible to use your bank account overseas to send money to your beneficiary bank account in Ghana.

While it can make sense if your recipient has a Ghanaian bank account and you don't mind paying higher exchange rate fees, it's not a good option if you want to save money, as costs can quickly amount to more than 10% of the total transaction amount. You can learn more about the high costs of using your bank to send money abroad in our dedicated explainer.

Instead, we recommend choosing a provider on this list like Remitly or comparing money transfer providers in real-time below to find the best deal for your specific transfer: