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We source transfer fees, rates and other data from money transfer providers in different ways - in most cases in real time. We constantly monitor the quality of our comparison data, but we cannot guarantee its accuracy.
Our comparison engine found 6 different money transfer providers available for your transfer to Ghana from Australia.
If the recipient of the transfer wants to receive Ghanaian cedi in her bank account in Ghana, then MoneyGram is currently the cheapest provider with 2.99 AUD for the transfer fees and a good AUD-GHS conversion rate (their current exchange rate is 1 AUD = 6.2275 GHS).
In comparison, you would pay a total cost of 42.8 AUD (roughly -8x as much) if you were to use Xendpay to make the same transfer.
If the recipient of the transfer wants to be able to pick up Ghanaian cedi in cash in Ghana, then Remitly is currently the cheapest provider with zero transfer fees and a competitive AUD-GHS conversion rate (current rate: 1 AUD = 6.14 GHS).
Adding the fees and exchange rate margin, the total cost for a cash transfer with Remitly is -2.38 AUD, in comparison you would pay a total cost of 57.88 AUD if you were to use MoneyGram to make the same transfer with cash pick-up as the pay-out option.
This recommendation was updated a few minutes ago.
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Before each international money transfer, you should come and compare the costs of the different options on Monito, as they may have changed. The cheapest option is at the top, of our results but you may want to consider other criteria such as the speed of transaction or the pay-in or pay-out methods.
Of course! Banks are usually not the best way to make international money transfers. The fees can be quite low (and sometimes even zero), but beware of the poor exchange rates which banks often apply. We list as many banks as possible in our results, so do compare to find out if you’d be better off switching to another bank or a specialized money transfer company.
Yes. We only list money transfer operators or banks that are fully authorized and monitored by the regulation authorities of the countries where they operate.
Monito is not a money transfer company. We’re here to help you find the best way to send money to Ghana.
To calculate the total cost of your transfer, we compare the exchange rate every provider applies to your transactions with the latest mid-market exchange rate data that we source from XE.