- It’s fast
- Offers cash pickup
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When you want to send money to family, friends or colleagues in Ghana, you don't want to deal with a complicated and expensive process. Whether you use bank transfers or online transactions, compare transfer fees and exchange rates to help you get the best deal.
Use our interactive table to compare transfer fees, exchange rates and other details for sending funds to loved ones and businesses in Ghana with our money transfer partners.
Online money transfer providers typically offer the strongest exchange rates and lowest fees on money transfers to Ghana. Some offer cash pickup in as little as few minutes, while others seamlessly transfer to bank accounts. Banks, PayPal and other options may be available, but may come with high fees, weak rates and longer turnaround times.
Companies like XE and Wise specialize in foreign currencies, making them some of the most cost-effective transfers. Most offer transfers directly to your recipient's Ghana bank account, often in as little as a day or two.
Digital money transfer services often let you send money to Ghana mobile money accounts. These accounts, also known as mobile wallets in Ghana, allow recipients to receive and spend money directly from their mobile phones without having to visit an agent location or bank.
Services like MoneyGram allow you to transfer cash for pickup at a local branch in Ghana — often in 15 minutes. While it's a fast way to send money, you'll pay for the convenience in weak exchange rates and high fees. If a cash pickup is necessary, look to digital services like WorldRemit or Remitly when possible.
Ghanaian Cedis aren't a popular currency, so your local bank probably won't be able to exchange them. If your bank does support Ghanaian Cedis, beware of high fees and wide margins on the exchange rate compared to digital and other options.
Let's say you need to send $2000 to family in Ghana. Here's what you might face as far as fees and exchange rates as of 10 November 2020.
|Digital money transfer service||Cash transfer|
|Exchange rate||1 AUD = 4.1 GHS||1 AUD = 3.9 GHS|
|Transfer speed||1-2 day||Minutes|
|Amount received||GHS $8,252||GHS $7,802|
The cash transfer options ends up being the best value, while a cash transfer is faster.
Sign up and send money with a digital money transfer specialist in four steps:
Weigh costs and fees against convenience, and learn how to compare money transfer providers that send to Ghana to meet your needs:
When it's more important to get your money to Ghana quickly, look for money transfer companies that support cash pickup in minutes. You can pay with a credit or debit card for fast pickup, but fees are higher than other methods.
Cash transfer services can help you if you're unbanked or marginally banked. If you don't have a bank account, look for a local company that supports storefronts for cash payments. These services include agent locations in other countries that allow your recipient to pick up cash without a bank account.
The exchange rate determines how much one country's currency is worth in another country's currency. When a country's currency is strong, it yields more money when exchanging it in a country with a weaker currency. Ghana's exchange rate is flexible compared to the Australia dollar, which means it shifts daily, if not more. Factors that influence the exchange rate include interest rates, economic stability and inflation.
Track how the Ghanaian cedi trades against the Australia dollar in our historical rate chart.
To send money to Ghana from Australia, you'll need government-issued ID and other documents, while documents needed to pick up money in Ghana may be different by company.
To send money from Australia to Ghana, you'll need documentation and details that include:
To pick up money in person, documentation can include:
According to the Australia Embassy in Ghana, the most common types of money scams involving Ghana typically include:
Sending your hard-earned money to Ghana shouldn't cost a fortune. Compare money transfer companies that specialize in foreign transactions for the strongest rates, lowest fees and flexible delivery. For transfers to other countries, rely on our country specific guides the next time you need to make a transfer.
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Azimo sends money directly to a bank account or over 280,000 cash pick-up points. It also has fast transfers to 50+ countries.
TorFX guarantees to match any competitor's exchange rate. Conditions apply.
TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.
New customers get their first transaction for free with code FIRSTFREE. T&Cs apply.
Send money in minutes at competitive exchange rates with this Australian money transfer service.
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