Find the best way to send money to Ghana

Looking for the best way to send money from the United Kingdom to family, friends or businesses in Ghana (or even to your own overseas bank account)?

Don't head straight to your British bank – compare specialist money transfer services instead. They nearly always offer better GHS exchange rates and lower fees, so for the same amount of pounds you send, your recipient will receive more Ghana cedis.

Of the companies we've compared, OFX is among the cheapest, with competitive exchange rates and fees starting from £0. Need a really fast transfer? CurrencyFair can get money to your recipient in Ghana within minutes.

Best ways to send money to Ghana from the UK

The best way to send money to Ghana depends on your payment method, how you want your money to be received and how fast you need it to arrive.

• Online money transfer provider. When buying pounds or Ghana cedis money transfer specialists typically offer better rates and cheaper fees than a local bank.
• Bank transfer. Bank transfers are an easy way to send money to Ghana but they charge extra for the convenience and are often slower than other methods. UK banks generally add a 3% to 6% markup onto exchange rates.
• Cash pickup. If you need your money to arrive fast, cash pickup gives your recipient instant access to the money you've sent when they collect it from their agent location in Ghana.
• Mobile wallet. Essentially an electronic wallet service, mobile wallets allow users to store, send and receive eligible currencies using their phone, often with fees attached.
• Prepaid phone credit. Specifically used to top up a recipient's prepaid mobile phone plan, prepaid phone credit is usually added instantly or within a few minutes.
• Home delivery. If your recipient may struggle to get to a cash pickup location, you may be able to opt for door-to-door cash delivery.

Compare the best money transfer companies to send money to Ghana

Use our table to compare the best money transfer companies to send money to Ghana. You can compare deposit and receiving options, fees and transfer speeds, then click the "Go to site" button when you've found the best one to get your money to Ghana.

Cheapest way to send money to Ghana

Bank transfers are typically the cheapest way to get your money to Ghana. OFX and Remitly have some of the lowest bank transfer fees of the brands we've compared.

When you're hunting down the cheapest ways to send money to Ghana, it's more important to look at the overall cost of your transfer. This has a couple of elements:

• Transfer fees. While still cheaper than your British bank, some money transfer services charge either a fixed or percentage-based fee for making your transfer.
• Exchange rates. Another way money transfer providers make money is to add a margin to the mid-market GBP/GHS exchange rate.

Some providers may charge the mid-market rate but add fees on top. Others may have very low fees but apply a markup on the exchange rate. This means it is important to compare exactly how many Ghana cedis your recipient will end up with.

Fastest way to send money to Ghana

Many online providers can offer transfers to Ghana within minutes, although you're likely to pay a premium for the convenience.

Here are some of the fastest average transfer speeds to Ghana:

• CurrencyFair — within minutes
• PassTo — within minutes
• Remitly — within minutes

Actual transfer times from the United Kingdom to Ghana can depend on several different factors including transfer amount, payment method and currency.

Safest way to send money to Ghana

The safest way to get your money to Ghana is to use a provider registered with the United Kingdom's industry regulator, the Financial Conduct Authority (FCA). All of the companies we've compared in our table are overseen by a local regulator and comply with the relevant laws and regulations in both the United Kingdom and Ghana.

A great way to dive deeper is by reading our extended reviews of each transfer service and researching first-hand customer feedback on Trustpilot and similar platforms.

Large money transfers to Ghana

If you need to make a sizable money transfer to Ghana, consider using a provider such as Wise (TransferWise) or CurrencyTransfer to benefit from its expertise in handling larger transfer amounts.

Using a large transfer specialist can have the following advantages:

• Tax guidance. Large transfers to Ghana may have tax implications for you or your recipient. A transfer specialist can help get you up to speed on HMRC's latest advice.
• Foreign exchange (forex) tools. Advanced tools such as forward contracts, limit orders and stop-loss orders can help you lock in the GHS exchange rate you want.
• Account manager. Some money transfer providers assign a personal account manager who can help and advise you on your transfer needs.
• Phone service. If you want to talk your transfer through with someone, providers such as CurrencyTransfer Business and Wise (TransferWise) can give you support over the phone.

How to send money to Ghana from the UK

To send money to Ghana, you'll need the necessary documentation, your recipient's details and a way to pay.

1. Compare your options.
   
   Use our table to find a money transfer provider that sends funds to Ghana. One may be better for cash pickups while another may suit a bank transfer. Once you've found the best one for your requirements, click "Go to site".
2. Create an account.
   
   You'll need to give your name, address, contact details, proof of ID and method of payment.
3. Provide your recipient's details.
   
   Enter your recipient's name and contact information. If you're sending straight to their Ghanaian bank account, you'll need the account number, SWIFT or IBAN plus their bank branch's address.
4. Enter your transfer amount.
   
   Check you're happy with the fees, exchange rates and transfer speed, then enter the amount you wish to send. Double-check the total Ghana cedis your recipient gets.
5. Complete your transfer.
   
   Send your money transfer to Ghana. Keep your transaction reference number safe so you can track your transfer. Your recipient may need it too.

How to choose the best money transfer companies to send money to Ghana

When choosing a money transfer provider to send money from the United Kingdom to Ghana, it's important to consider the cost, how you want your recipient to receive the funds and the turnaround time. Here are other features to review:

• Exchange rates. Banks and transfer services use the mid-market rate to trade with one another. It is the best rate you can get. However, not all money transfer providers offer you this mid-market rate so compare the GHS you're offered to the mid-market rate and look for the smallest difference.
• Transfer fees. Are you being charged a flat fee or a percentage of your transfer amount? For example, a provider offering to transfer your money to Ghana for a flat or low fee might work out better if you plan to send a large amount.
• Transfer type. Does your recipient have a Ghanaian bank account or is cash or cell phone top-up a better option? Each transfer type will have different fees. For example, instant cash pickups tend to be more expensive than bank transfers.
• Transfer speed. If you need your transfer to arrive quickly, you can pay for an express delivery. Companies such as WorldRemit offer instant cash pickups but may charge more. If you're not in a rush, online money transfer services offer the best value and get your money to Ghana faster and cheaper than banks.
• Transfer limits. Find out how much you can send with each service. For example, Western Union has a transfer limit of £4,000 while OFX allows unlimited transfers.
• Discounts. Some providers may offer you a free transfer simply for signing up. Others may offer a discount if you transfer more than a specific amount of Ghana cedis.

Frequently asked questions

• How can I pay for my transfer to Ghana?

  There are multiple ways to pay for your money transfer to Ghana. The most common payment methods include bank transfer, credit card and debit card.

  How you pay can influence how quickly your Ghana cedis arrive and the total cost of your transfer, so consider both when deciding.

• What details do I need to send money to Ghana?

  • Photo identification: Most providers require a driver's license, passport or other British government-issued ID.
  • A way to pay: Your options depend on the provider's services. Popular methods include cash, debit or credit card and bank account transfers.
  • Recipient information: You'll need their name (matching their ID) plus contact details. If sending to a Ghanaian bank account, you'll need their account number, SWIFT and branch details.

• What is required to receive money in Ghana?

  • Transfer number: The reference number – sometimes called a PIN, MTCN or tracking number.
  • Government-issued ID: An official ID, such as a Ghanaian passport or driver's license.
  • The transfer amount: To know how much has been sent, usually to within 10% of the total.
  • Sender information: The sender's name and address and the transfer's country of origin.

• How much money can I send online to Ghana?

  This depends on the provider you choose as each will have its own sending limit. For example, services such as Remitly and Western Union allow you to transfer as little as £1 while others will have a significantly higher minimum threshold.

  Remember that some providers will have maximum transfer amounts as well, either as a result of British tax policies or because their service is more limited. If you need to send a large transfer, look for a provider that has higher or no sending limits to Ghana.

• How long will it take for my money to arrive in Ghana?

  The turnaround time for a money transfer to Ghana depends on the provider and how you pay for the transfer. Expect your transfer to arrive within minutes if you pay using cash or with a debit or credit card. Paying by bank transfer can take longer – usually 2–5 days.

• Can I send money to Ghana without a bank account?

  Yes, you can still send a money transfer if neither you nor your recipient in Ghana has a bank account. Look at cash transfer providers such as PassTo where you can pay with cash and your recipient can collect it as cash or as mobile phone reload on the other end.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.
Was this content helpful to you?
Yes No
Thank you for your feedback!
Find the best way to send money to Georgia Find the best way to send money to Greece
More guides on Finder
• Find the best way to send money to Cameroon

  Transferring CMR is easy with our comprehensive guide to the best ways to send money from the UK to Cameroon.

• Find the best way to send money to Georgia

  Sending money to Georgia from the UK? Compare international money transfer services and save on exchange rates and fees.

• Find the best way to send money to Bangladesh

  Want to send GBP to Bangladesh? We will help you pick the best international money transfer service and explain fees and exchange rates.

• Find the best way to send money to Pakistan

  Want to send GBP to Pakistan? We will help you pick the best international money transfer service and explain fees and exchange rates.

• Find the best way to send money to Germany

  Sending money to Germany from the UK? Compare international money transfer services and save on exchange rates and fees.

• Find the best way to send money to Egypt

  Looking for the best way to send money from the UK to Egypt? Services, rates, and fees compared.

• Find the best way to send money to Nigeria

  Transferring NGA is easy with our comprehensive guide to the best ways to send money from the UK to Nigeria.

• Find the best way to send money to Mexico

  Looking for the best way to send money from the UK to Mexico? Services, rates, and fees compared.

• Find the best way to send money to France

  Need to transfer GBP to FRA? Learn how to pick the right service to send your money to France.

• Find the best way to send money to China

  Transferring CHN is easy with our comprehensive guide to the best ways to send money from the UK to China.
Feedback
How likely would you be to recommend finder to a friend or colleague?

0

1

2

3

4

5

6

7

8

9

10

Very Unlikely Extremely Likely

Required

Submit

What is your feedback about? What is your feedback about? Site speed Content quality Ease of use Ease of finding information Site appearance Other Required

Please tell us how we can improve Required

Terms and Conditions and Privacy Policy. Submit

Thank you for your feedback.

Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.

×
Advertiser Disclosure
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.
Close

We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.

Learn how we maintain accuracy on our site.

Close
Go to site