Send Money to Ghana Like a Pro with the Help of These Tips


Find out how to send money to Ghana from Canada using a quick and cost-efficient method.

In the 1960s, many Ghanaian immigrants headed to Canada, mostly settling in the Greater Toronto Area and surrounding regions. With family and loved ones back in Ghana, there was a need for affordable and fast money transfer services between the two nations. Luckily today there are a lot more options available to send money between Canada and Ghana.

While some Canadian banks allow transfers to Ghana, there are a few specialist money transfer services that offer much more cost-efficient and quick ways to transfer funds between the two countries. Specialist transfer services often provide much more competitive exchange rates than banks, as well as lower fees and faster transfer speeds.

Compare money transfer services below

Rates last updated July 17th, 2018
Name Product Min. Transfer Amount Transfer Speed Services Description Online Transfer Fee Rate Amount Received
WorldRemit International Money Transfers
Within an hour
Online, Bank Account to Bank Account, Cash Transfer
An online money transfer service with cash pickup, bank account to bank account and airtime transfers available.
Western Union International Money Transfers
Same day
Online, Phone, Agent, Bank Account to Bank Account, Cash Transfer, International Money Order
Send money online to friends and family around the world with Western Union.
The ‘Rate’ and ‘Amount Received’ displayed are indicative rates that have been supplied by each brand or gathered by Finder.

Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention “Finder” before you commit to a brand.

Compare up to 4 providers

While sending money to Ghana from Canada isn’t hard, choosing a service provider that fulfills your needs is important. This guide helps you select a provider that suits you best.

Case Study: Banks vs money transfer companies

Samuel arrived in Canada as an international exchange student. He got a job almost as soon as he completed his education, which allowed him to remain in the country. While his father has a stable job back home in Ghana, he wishes to start sending his parents some money so they can lead a more comfortable lifestyle. To begin with, he plans to send around $1,000 Canadian dollars back home every month.

His Canadian bank does not let him transfer funds to Ghana because the Ghanaian cedi is an exotic currency. He knows a couple of other Canadian banks allow the transfer, but he decides to compare money transfer companies instead. This is what he finds when he compares his options online.

Money transfer service 1Money transfer service 2
Exchange rate$1 CAD = 3.36 GHS$1 CAD = 3.37 GHS
Transfer feeCAD$20CAD$40
Amount received for $1,000 CAD
Transfer timeMinutesMinutes
Transfer optionsCash pick-up onlyCash pick-up only
Difference ofGHS9.20

While the second money transfer company offers a more competitive exchange rate, Samuel opts to use the services of the first company because its fees are much lower. The exchange rate will only save him around $3, while the lower fees will save him $20. Both companies can send the money in just minutes.

How do I compare transfer companies when sending and receiving money between Canada and Ghana?

There are a number of considerations:

  • Exchange rate and fees. A seemingly great exchange rate might be hiding some expensive fees. The reverse can hold true as well, where a money transfer company may provide a fee-free service but offer an unfavourable exchange rate. To get the best deal, money wise, simply compare how much money the recipient stands to receive.
  • Ways to send money. Canadian banks that allow money transfers to Ghana can let you go through the process in person, over the phone or online. Some money transfer companies operate out of physical branch locations, like MoneyGram and Western Union, letting you send money in person. Several transfer companies limit the operations to the online world like WorldRemit. Others let you complete the process over the phone.
  • Ways to receive money. The recipient may be able to receive the transferred money directly into a Ghanaian bank account. Another option may be to collect the money by visiting a cash pick-up centre.
  • Transfer options. A one-time transfer gives you an easy way to send money. However, if you wish to send money regularly, you may want to look for a company that lets you make regularly scheduled payments. Some money transfer companies let you make the most of the foreign exchange market through market orders and forward contracts. Shop around to compare what different options companies can offer you.
  • Using the same bank. Using a bank can be advantageous if you and your recipient have accounts with the same institution. In this case, you can benefit through lower fees and quicker turnaround times.
  • Processing time. If you wish to send money to Ghana in a hurry, using a money transfer company that has cash pick-up centres in Ghana is your best bet, given that transfers to these branch locations tend to take place almost immediately. If you’re sending money to a bank account, the turnaround time can vary noticeably depending on the service provider you choose, from one to six days, or sometimes even more.
  • Minimum limit. This can be a concern if you’re not sending much money since some service providers have minimum transfer limits in place, which can be as low as $5 or as high as $1,000 or more.

How do I send money to Ghana from Canada?

You get multiple options if you wish to send money to Ghana from Canada including:

  • Banks. You can find some Canadian banks that let you send money directly to Ghanaian bank accounts, in which case you’ll need the recipient’s bank account details. You can also think about sending a bank-issued cheque, money order or draft via mail. Keep in mind that sending a money order is the slowest way to send money overseas.
  • Non-banks. Money transfer companies such as Western Union and MoneyGram have several cash pick-up centres in Ghana, so you can consider using their services. Some money transfer companies such as WorldRemit let you transfer money to Ghanaian bank accounts. PayPal also allow transfers to Ghana from Canada. To use its services, both you and your recipient must have PayPal accounts.

How do I receive money from Ghana in Canada?

When receiving money from Ghana in Canada, you have a few different options including:

  • Banks. If you provide the sender with your bank account details, you can receive money directly into your account. This can happen through a Ghanaian bank or a money transfer company. Receiving a bank-issued money order, draft or cheque by mail is also an option. As mentioned above, this is the slowest way to receive money from overseas.
  • Non-banks. If you wish to collect cash in person, you can turn to a business such as Western Union or MoneyGram. Both have a significant presence across Canada. Another option is to use the services of PayPal, in which case you and your recipient should both have PayPal accounts. You don’t have to pay any fees to open a PayPal account. Once the money gets to your PayPal account, withdrawing it to your local bank account is easy, but may take a few business days.

Emergency cash transfers in Ghana

If you’re in Ghana and end up losing your wallet, don’t waste any time in reporting your credit and debit cards as lost or stolen. Next, you can think about getting emergency money in the following ways:

  • Cash pick-up. An easy way to get emergency money in a hurry is to ask a friend or family member to send some using the services of a money transfer company. If this is possible, identify a desired cash pick-up location first and notify the sender of the address. You will need a valid ID to pick up the cash.
  • Credit card cash advance. If you have an existing Visa, Mastercard or American Express credit card, you can think about getting an emergency cash advance. To get money this way, you’ll have to visit a local participating financial institution.
  • Travel insurance. The right kind of travel insurance can help in more ways than one. It can give you access to emergency money to deal with unexpected medical expenses, flight delays and cancellations as well as lost and misplaced luggage.

Western Union/MoneyGram branches in Ghana

Western Union and MoneyGram have cash pick-up centres in various cities and towns across Ghana. If you wish to collect cash from any of these centres, make sure you take an acceptable form of identification such as your passport or driver’s license with you. If the transfer involves a large sum of money, call before going to the location to confirm if the funds are available. Here are some cash pick-up locations in Ghana.

Western Union


  • Abeka Branch
    Opsem House Motorway Ext
    Accra, Greater Accra
    Open 8:30am to 5pm, Monday to Friday, 8:30am to 2pm, Saturday, closed on Sunday
  • Abeka Lapaz
    Hno. B 49/30
    Abeka Lapaz Accra
    Open 8:30am to 8pm, Monday to Friday, 8:30am to 5pm, Saturday, closed on Sunday


  • Access Bank Ghana
    Adum Business Office
    Prempeh Ii Street, Kumasi
    Open 8am to 5pm, Monday to Friday, 8am to 2pm, Saturday, closed on Sunday
  • Access Bank Ghana
    Pacific S and L Head Office
    10 14 Adum Kumasi Head Office
    Open 8am to 5pm, Monday to Friday, 8am to 2pm, Saturday, closed on Sunday



  • UT Bank – Kisseman Agency
    UT Life Building Achimota-Gimpa Road
    Open 8am to 5pm, Monday to Saturday, closed on Sunday
  • First National Savings & Loans
    Ground Floor Barima Total Filling Station
    Po Box Gp-17187 Accra
    Open 8am to 5pm, Monday to Saturday, closed on Sunday


  • ARB – Asokore Rural Bank
    Near Ocansey Cinema Hall
    P.O. Box 30, Kumasi
    Open 8am to 5pm, Monday to Saturday, closed on Sunday
  • ARB – Amansie West Rural Bank
    Opposite The College Of Education
    P.O. Box 348, Kumasi
    Open 8am to 5pm, Monday to Saturday, closed on Sunday

Tips for picking up cash in Ghana

While most visits to Ghana by foreign nationals remain trouble free, there are reports of petty and violent crime. Be vigilant when you collect money from a cash pick-up centre and when you withdraw money from ATMs. Avoid carrying large sums of money with you and try to avoid public transportation with large amounts of cash.

The Government of Canada recommends that you exercise a high degree of caution when travelling in Ghana. Women travelling alone can become the target of opportunistic crimes such as bag-snatching, pick-pocketing and muggings. Instances of armed robberies, street crime and home invasions exist. There has been an increase in these kinds of crimes owing to the region’s tough economic conditions.

Thefts by people posing as airport staff are not uncommon. There are reports of fraudulent police officers demanding money from foreigners as well.

What are the steps to send money to Ghana?

The steps you have to follow when sending money to Ghana from Canada depend on the method you choose.

  1. To a bank account. If you’re sending money through your Canadian bank, you may have to provide no more than the recipient’s name and account details. If you’re using a bank other than your own or a money transfer company, you’ll have to provide your bank account, debit card or credit card details. If you’re using the service of a business for the first time, you might have to register as a user first.
  2. To a cash pick-up centre. You’ll have to provide the name of the recipient along with a desired cash pick-up centre. To pay for the transfer, you’ll have to provide details of your bank account, debit card or credit card. After initiating the transfer you will receive a reference number, which your recipient will need to collect the cash.
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