How to send money to Ghana
Discover how to transfer money to Ghana at the lowest cost in four easy steps
1. Check if the Ghanaian cedi conversion rate is favorable
Although the currency market is fluctuating, it is a good idea to follow it to maximize how much your recipient will receive. We advise our users to take advantage our smart alerts to check the GHS mid-market's evolution.
2. Select the optimal deal by comparing all money transfer providers.
Monito lists 12 companies offering money transfer services to Ghana, such as TransferWise, Western Union, MoneyGram, Xendpay, WorldRemit. You can save a lot of money by comparing all your options and select the most competitive option for your upcoming money transfer.
3. Choose the best provider for your personal needs
What is the most important for you? Price, speed of the transaction, number of positive evaluations? Balance the different criteria before deciding which provider to use.
You may also want to have a look at the payment solution and pay-out options. You may have the option to pay your transfer by bank wire or by cards (credit or debit). To receive the money in Ghana, select the right option, whether you need the money to be deposited on a local bank account or be available for cash pick-up.
4. Sign up and start your money transfer with the company you selected
It is now time to sign up on the money transfer provider's website - be ready to upload an offical ID and/or a proof of adress - and get started with your transfer to Ghana.