How to send money to Ghana
Learn how to transfer money to Ghana with the best exchange rate in 4 easy steps
1. See if the Ghanaian cedi exchange rate is at your advantage
Even though the evolution of the currency market is unpredictable, it never hurts to monitor it in order to maximize how many you will receive for your money. We advise our users to subscribe to exchange rate email alerts to track the GHS mid-market rate against your currency.
2. Select the most interesting deal by comparing all services.
There are 11 companies offering money transfer services to Ghana, such as TransferWise, Western Union, MoneyGram, Xendpay, WorldRemit. Sending money with the right company from the available options is a sure way to save on costs.
3. Pick the best option for your personal needs
Decide if you’re looking for the option with the best price, the quickiest transfer options, best ratings, or other criteria.
Another important aspect is to consider the pay-in/out methods. You can often have providers offering to you the option to send the money from your bank account, other providers will also allow you to pay with your cards. At the other end, in Ghana, you can decide if your want the money to be sent directly to the recipient's bank account or be available for cash pick-up.
4. Sign up and start your money transfer to Ghana with the company of your choice
Visit the money transfer provider's website to register (you most of the time have to provide some information to prove your identity), and set upyour transaction.