Wire Money to Ghana: A Guide to International Money Transfers

Wire money transfers to Ghana can be a straightforward process, but it's essential to understand the fees and exchange rates involved. The average fee for sending money to Ghana is around 3.5% of the transfer amount, with some services charging up to 5%.

To send money to Ghana, you'll need to provide the recipient's name, address, and bank details. The recipient can receive the funds in their local currency, the Ghanaian cedi (GHS), or in a foreign currency like US dollars.

Some popular services for wire money transfers to Ghana include Western Union, MoneyGram, and WorldRemit. These services often have physical locations and online platforms for sending and receiving money.

The transfer time for wire money to Ghana typically ranges from a few minutes to a few hours, depending on the service and the recipient's location.

Worth a look: Wire Transfer Currency Conversion

TalkRemit is a fully-licensed financial institution, regulated by the FCA, making it a secure choice for sending money abroad.

Transfy provides a payment platform backed with high-end security and bank-level encryption to safeguard your finances and data.

Remitly is a trusted option, with new customer promotions available that can mean better rates and lower fees.

Wise offers online and in-app money transfer services to Ghana and 80+ other destinations, with fast transfer times and mid-market exchange rates.

To ensure your money transfer is safe, select a provider that is properly registered and regulated both in the United States and Ghana.

Monito's comparison engine is trusted by 6 million users every year, and users have saved nearly $40 million in fees to date.

Wise offers a multi-currency wallet that allows you to hold and instantly exchange between the currencies they offer.

Transfy offers a secure and seamless bulk payment feature that helps you remit salaries/wages to your employees in any location.

You have plenty of payment options to fund your international money transfer, including bank transfer, card (debit or credit), prepaid card, and online payment methods.

If you're looking to send money to Ghana, it's essential to compare your options to find the best provider. Based on 10,050 comparisons made by Monito users in the past 3 months, I can give you a quick rundown of the top providers.

For international money transfers to Ghana, three services stand out: Remitly, XE, and Wise. Remitly currently offers the cheapest option, with a cost of $39.74 USD, making it a great choice for those on a budget.

To help you make an informed decision, I've compiled a list of the top providers:

Wise currently offers the fastest transfer time, with a delivery time of 0-2 Days, making it a great choice for those who need their money to arrive quickly.

Worth a look: International Money Wire Transfer Time

If you're looking to send money to Ghana, you have several options to choose from. Remitly is currently the cheapest option, with a cost of $39.74 USD.

Let's take a closer look at the services compared in this article. Three services were compared: Remitly, XE, and Wise.

Here are the key facts about each service:

Remitly is also the best-rated service among the three, but it's worth noting that the fastest service is Wise, with transfer times of 0-2 Days.

Transfy offers a multi-currency wallet that allows you to hold and instantly exchange between the currencies they offer, including Ugandan Shilling, Nigerian Naira, Botswana Pula, Kenyan Shilling, South African Rand, Zambian Kwacha, and Rwandan Franc.

You can send or receive money in any currency of your choice across Africa and get the value in your mobile wallets or bank accounts, instantly. This is made possible by Transfy's instant transactions feature.

Transfy also offers a secure and seamless bulk payment feature that helps you remit salaries/wages to your employees in any location. This is a hassle-free money remittance at industry-best rates.

Their API allows Fintechs to expand their financial footprints with their robust APIs, giving them access to over 30% of Mobile Wallets and Bank accounts in Africa.

Transfy's payment platform is backed with high-end security and bank-level encryption to safeguard your finances and data.

A different take: Send Money to Africa Mobile Money

You can wire money to Ghana with a variety of payment methods. Bank transfer is often the cheapest option, which is why it's used to compare providers.

You can fund your international money transfer with a bank transfer, card (debit or credit), prepaid card, or online payment method. Some providers also accept SWIFT, Google Pay, Apple Pay, and more.

Monito's comparison engine is trusted by 6 million users every year, and they've helped users save nearly $40 million in fees to date. Monito only recommends regulated and secure companies.

You can pay for your money transfer with a debit card, credit card, prepaid card, or bank transfer. Some providers also offer online payment options.

Here are some payment options for sending money from the United States to Ghana with popular providers:

Remitly is one of the best-rated providers, with a rating of 9.3/10. Western Union and Remitly are also among the cheapest options, while Western Union is the fastest.

On a similar theme: How to Wire Money through Western Union in Person

Sending money to Ghana can be a costly affair, but there are ways to minimize the fees. Remitly's transfer fees range from $39.74 to $63.04, depending on the payment method and currencies involved.

To get the best exchange rates, consider using Wise, which offers a mid-market exchange rate. However, be aware that transfer fees can add up, with Wise's fees ranging from 0.41% to a flat fee.

International bank transfers can be even more expensive, with fees ranging from $39.74 with Remitly to $63.04 with Wise. Traditional bank transfer fees can be even higher, often hidden within the exchange rate.

The overall fee you pay can include the transfer fee, an extra charge wrapped up in the exchange rate used, and third-party charges like a cash advance fee from your credit card issuer.

If you're looking for the cheapest option, Remitly is currently the cheapest, with a fee of $39.74 USD. XE and Wise come in at $60.00 USD and $63.04 USD respectively.

Here's a breakdown of the costs:

Keep in mind that the exchange rate can affect the overall cost of your transfer, so it's essential to compare fees and exchange rates before making a decision.

Sending money to Ghana can be done through various providers and services. Remitly is one of the cheapest ways to transfer money internationally, particularly for new customers who can benefit from promotions.

You can choose from three services for international money transfers to Ghana, which have been compared and ranked by cost. The cheapest option currently is Remitly, with a cost of $39.74 USD.

Remitly is also the best-rated service among the three compared, and it offers a large selection of payout options, including cash collection. Wise is the fastest service, with transfer times ranging from 0-2 days.

Wise offers online and in-app money transfer services to Ghana and over 80 other destinations worldwide, with mid-market exchange rates and low fees from 0.41%. You can also send money quickly with Wise, with 50% of transfers being instant and 90% getting there in under 24 hours.

Here are the top three services for international money transfers to Ghana, ranked from least to most expensive:

It's essential to research and compare providers to find the best one for your specific transfer needs. Some services offer discounts for high-value transfers, so it's worth exploring these options.

Sending money to Ghana can be a bit tricky, but with the right provider, it's a breeze.

To send large amounts of money to Ghana, it's essential to do your research and find a provider that offers low fees and great exchange rates.

You should compare some providers based on transfer times, as the delivery time can vary widely.

Some international money transfer services offer discounts for high value transfers, either through lower fees or a better exchange rate.

Use the Exiap cost comparison calculator to make sure you're getting the very best deal available for your specific transfer.

If you need to send money to Ghana for a cash pickup, Remitly is a top-rated option.

Here are some key features of Remitly:

Overall, with the right provider and a bit of research, sending money to Ghana is a straightforward process.

To send money internationally from the United States to Ghana, you'll typically need to provide some basic details.

Account numbers are usually required, as they help identify the recipient's account. Make sure to double-check the account number to avoid any errors.

Bank codes and branch codes are also typically needed, and these details may vary depending on the provider and the transfer value. Some providers may require additional information, so be sure to check with them beforehand.

Here are the typical details you'll need to send money internationally from the United States to Ghana:

The USD/GHS exchange rate is constantly changing due to shifts in supply and demand, influenced by factors like economic performance, political stability, and speculation.

Right now, 1 US Dollar buys 14.771 Ghanaian Cedi.

The mid-market exchange rate is the best rate available for sending money to Ghana, but it's not always available to individual customers.

A provider that uses the mid-market rate for international transfers from the United States to Ghana is Wise.

The mid-market rate for a US Dollar to Ghanaian Cedi is currently 14.771.

A fresh viewpoint: Money Market Ubs

International Limits can be confusing, but let's break it down. There is no legal limit on how much money can be sent to or from the United States.

You might be wondering why you can't send as much as you want. Banks and other payment providers may impose their own limits, which can vary widely between providers.

These limits can change depending on how you want to fund your transfer. For example, paying by card might have different limits than paying using a bank transfer.

It's essential to check with your provider to see what their limits are, as they can differ. This will help you plan your transfer and avoid any unexpected issues.