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Monito Score
Recipient gets
2,451 GHS
True cost: 49.67 CAD
Compare 3 providers
Sorted by amount received
Monito Score
Recipient gets
2,823 GHS
True cost: Free
Monito Score
Recipient gets
2,692 GHS
2,598 GHS
True cost: 15.16 CAD
Recipient gets
2,692 GHS
2,598 GHS
True cost: 15.16 CAD
Monito Score
Recipient gets
2,451 GHS
True cost: 49.67 CAD
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.
We currently compare 6 money transfer providers offering money transfers from Canada to Ghana.
If you want to transfer Canadian dollars to a bank account in Ghanaian cedi in Ghana, the cheapest option is currently MoneyGram, with competitive fees of 4.99 CAD and a competitive CAD-GHS conversion rate (currently at 1 CAD = 7.1764 GHS).
In comparison, the total cost of your transfer would be 49.67 CAD (which is approximately -9x more expensive) if you wanted to use WorldRemit to make the same transaction.
For transferring money to Ghana, you should also consider two other competitive providers: Wise and InstaReM.
The recipient of your transfer doesn't have a bank account? We list several providers able to send Ghanaian cedi in cash in Ghana: Remitly currently offers the best deal you can get with no transfer fees and a good CAD-GHS exchange rate (their current rate is 1 CAD = 6.73 GHS).
Adding the fees and exchange rate margin, the total cost for a cash transfer with Remitly is 15.16 CAD, in comparison the total cost of your transfer would be 52.17 CAD if you were to use MoneyGram for the very same transfer with cash pick-up as the pay-out option.
This recommendation was updated a few minutes ago.
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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.