How to send money to Ghana from Germany with the best EUR-GHS rate

Comparing based on your specific needs is the best way to send money from Germany to Ghana with confidence.

For EUR/GHS

• Wise is our top pick for sending Euro to Ghana. For example, sending 7,000 EUR to GHS will cost you €72.03 in fees, and you will receive 94,030.57 GHS.

• We would recommend Taptap Send for low cost, affordable transfers from Ghan Cedis to Ghana. We found that Taptap Send is 0.01% cheaper than the second-best option. The cost is a combination of a fee of 0 EUR and an exchange rate for converting Euro to Ghan Cedi that is -0.32% different to the mid-market rate.

• Fastest way to send money to Ghana from Germany is with Revolut. For example, if you send 7,000 EUR with Revolut to Ghana, the transfer time is within minutes based on our data.

Our analysis, and search results, include 6 providers that operate between Germany and Ghana. These are ranked by speed, overall cost and ease of use.

Through this, you get a comprehensive view of all the options you have in Germany when you need to send money to Ghana.

The exchange rate determines the price you’ll pay for Ghan Cedi when you send Euro to Ghana.

The current exchange rate between the Euro and Ghan Cedi is 13.3803, and it constantly fluctuates.

When calculating the cost of sending money from Germany to Ghana, a combination of fees and exchange rates ensure the best deal:

• The Mid-Market and Exchange Rates: The current EUR-GHS mid-market rate is 13.3803 GHS per Euro. Finding a provider as close to this number as possible will ensure more Ghan Cedi for your money.

• Fees: Transfer fees are charged on top of a transfer. Taptap Send currently offers the lowest fees of 0 EUR per transfer (based on €7,000 transfer). Although, we recommend searching for your exact send amount for an exact fee.

• Amount Received: The total amount received in Ghan Cedi is the biggest indicator in the total cost of sending money to Germany from Ghana. The higher the total amount received in Ghana, the lower the cost of sending from Germany.

It’s possible that waiting a day or two can help you get more GHS for the same amount of Euro. But, the best way to lock in a price between Germany and Ghana is by using a forward contract.

A debit card is our recommended option for money transfers between Germany and Ghana. Taptap Send offers the best price on a debit card.

Here are all the ways to send money from Germany to Ghana:

Bank transfers

Bank transfers are often the best payment method for money transfers from Germany to Ghana.

A money transfer company like Regency FX offer bank transfers between Germany and Ghana with lower fees and better exchange rates than you would get from a traditional bank.

On average, Regency FX is the cheapest provider for bank transfers of the 6 we tested when sending EUR to Ghana.

Debit and prepaid cards

Sending money from Germany to Ghana with a debit or a prepaid card is very simple with Wise.


Wise is a leader in debit card payments for transfers from Germany to Ghana, competing among a total of 6 active money transfer companies on this route.

Credit cards

We recommend avoiding credit cards where possible due to a lack of support and high fees.

If you have to use a credit card, we recommend comparing your options to find the company with the lowest fees.

Always choose providers that are regulated by financial authorities in both Germany and Ghana to ensure funds are protected.

Please refer to our directory of financial regulators worldwide for key regulatory bodies for money transfers between Germany and Ghana.

Some services have minimum or maximum thresholds on how much you can transfer from Germany to Ghana.

Companies will offer different rates and fees for different transfer amounts. Some companies will become more expensive after certain thresholds are hit.

We’d recommend using Wise if you need to send large amounts of EUR to Ghana. The combination of rates and fees when sending to Ghana is the most competitive, even at larger amounts.

Also, always check with the recipient and understand any declarations needed on large amounts of money leaving Germany, or entering Ghana. Mis-understanding these could result in a slower, or even failed, transfer.

There are different ways to receive money in Ghana. You can do a direct bank deposit, cash pickup, use a mobile wallet or receive money into a multi-currency account. It’s likely not all providers serving transfers from Germany to Ghana will offer every method, so it’s best to check ahead of time.

A direct transfer to a bank account is one of the more common ways to transfer from Germany into Ghan Cedi. Wise is the best company for bank transfers between Germany and Ghana.

And if you need cash right away, check if cash pickup is an option for transfers between Germany and Ghana.

Mobile wallet services and payment apps like PayPal, Xoom, and CashApp are popular too, but they come with more limitations and higher costs compared to money transfer providers like Taptap Send.

When signing up to a money transfer company to send between Germany and Ghana, you will need to verify your ID.

The exact documents you need might vary and in some cases you will need more than one.

For the most part, in Germany this will be a government ID like a passport or driver's license. In Ghana it will be a similar set of documents, although this should only be needed if you are opening a new account in Ghana, or collecting in cash.

Big transactions between Germany and Ghana, are subject to additional checks. A provider may ask you for proof of address or may want to know where the money comes from.

We recommend Wise in part due to their easy sign up process in Germany.

When sending large amounts of money between Germany and Ghana there will be tax implications to consider.

Some transfers into Ghan Cedi may need to be reported to tax authorities in Ghana, particularly where inheritance or property purchases are involved.

Tax limits and personal allowances differ in Ghana based on age, income and a few other elements. When in doubt, please contact a tax professional in Germany or Ghana to discuss your personal circumstances.