Find out how to send money to Ghana with the best exchange rate with these 4 steps
Making your transfer on a day where the exchange rate is favorable is a good way to optimize your transfer. Frequently check the evolution of the Ghanaian cedi mid-market and validate your transaction when the mid-market rate is close to its highest level of the last few days.
What is the most important for you? Exchange rate and fees, time for the money to arrive, customer reviews? Examine the advantages and disadvantages before making your choice.
In addition, it is important to consider the pay-in/out methods. Local bank transfer, debit and/or credit cards are the most common pay-in methods to send money to Ghana online. On the other side of the transfer, select the right option, whether you need the amount in GHS to be deposited on a local bank account or be available for cash pick-up.
The last step is to fill the sign-up form on the money transfer provider's website (you normally have to provide some ID documents to confirm your identity), and get started with your transfer.