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How to Send Money from United States to Ghana

Get the best deals when you transfer from United States to Ghana. Find the cheapest, fastest, and most reliable providers with the best exchange rates.

Read on for the best deals, expert information, and all you need to send money to Ghana from United States.

Disclosure

Ways to send money from United States to Ghana

The best rated provider for transfers from United States to Ghana

Wise

Total number of USD - GHS providers

9

Average cheapest provider for transfers to Ghana from United States

Western Union

Average cost of the cheapest transfer from United States to Ghana

$0

Best for bank transfers from United States to Ghana

Wise

Best for debit card transfers from United States to Ghana

Instarem

Best for credit card transfers from United States to Ghana

Instarem

You can always compare rates and fees based on your transfer amount and payment options when sending money.

The best way to send money from United States to Ghana

Instarem is the best way to send money to Ghana from United States. This is based on cost, speed, and how easy it is to use.

We analyzed 9 providers that allow USD to GHS transfers. Instarem emerged as the best option in 44.6% of searches.

How to send money from United States to Ghana

Follow these steps to send money between United States and Ghana

  1. Choose your provider. Register with the provider of your choice by clicking on the link above.

  2. Enter your details. Enter your details and provide any of the documents needed.

  3. Start your transfer. Tell your provider that you'd like to send money from United States to Ghana, how much you'd like to send, and how you'd like to pay for your transfer. You'll also need to add your recipient's details.

  4. Check the recipient's details. This is really important. It can be very difficult to reverse a transfer from United States to Ghana once it's been sent. Make sure all the details are correct before you submit.

  5. Send the money. When you've checked the details, you can make the transfer.

The cheapest way to send money from United States to Ghana

The cheapest way to send money from United States to Ghana is Western Union. On average, transfers from United States to Ghana with Western Union cost $0, making them cheaper than their nearest competitor.

Western Union has been the cheapest way to send money from United States to Ghana for the last three months, on average.

Just to make you aware, bankTransfer was the cheapest payment method.

The current mid-market rate between USD and GHS is 13.203309. The rate the time you transfer will impact your overall cost. As an example, Wise has averaged -0.05% below the mid-market rate over the last three months, generally making sending money a little cheaper before fees.

Note: The cheapest way to send money isn't always the fastest

Western Union is the cheapest way to send money from United States to Ghana, but make sure the timeframes work for you.

How the cost of sending money to Ghana from United States is calculated

The cost of sending money from United States to United States depends on several things, including:

The mid-market rate

The current mid-market rate between USD and GHS is 13.203309. The rate the time you transfer will impact your overall cost. As an example, Wise has averaged -0.05% below the mid-market rate over the last 3 months, generally making sending money a little cheaper before fees.

The markup and fee

Providers will often charge a markup on the rate, fees, or both, for transfers between Ghana and Ghana. This is why Instarem is listed as our cheapest option - they offer the best combination of US Dollar to Ghan Cedi rates (2.7) and fees (0).

Bank transfers from United States to Ghana

Bank transfers are the most common way of sending USD to Ghana as they are secure, reliable, and convenient.

If you want to send US Dollars to Ghana via bank transfer, Wise has been the top rated provider in our comparison system for the last three months, recommended 100% of the time.

That’s because companies like Wise bypass the SWIFT network and rely on their own digital network of banks, making transfers faster and cheaper. As an example, Wise's transaction fees for US Dollars into Ghana have averaged at 0.59 for the last three months. This is significantly lower than the fees charged by banks.

Credit card payments from United States to Ghana

Credit card payments are quick, convenient, and typically more secure than other methods, thanks to backing by the issuing party. Some users may even be able to rack up reward points when making large transactions.

If you want to send US Dollars to Ghana with a credit card, Instarem is your best option. They've been the top rated provider in our comparison system for the last three months, recommended 22.4% of the time.

Note: Beware of charges

Credit card payments are often classified as cash advances, which bring their own charges, as well as currency conversion and usage fees. Forgetting to pay your balance can also result in high interest charges, and can even damage your credit score.

Debit card payments from United States to Ghana

Debit card payments let you send money from the United States to Ghana with the similar convenience of a credit card, and there are usually no tax advance fees. That said, you might still face currency exchange fees, processing fees, and other expenses, making this a pricier option than a simple bank transfer.

If you want to send US Dollars to Ghana with a debit card, Instarem is your best option. They've been the top rated provider in our comparison system for the last three months, recommended 22.4% of the time.

Finding the best exchange rate for USD to GHS

The mid-market exchange rate changes daily, so timing your transfer can make a big difference to how many GHSs you can get for your USDs. The average US Dollar to Ghan Cedi mid-market rate over the last month was 12.8207, with a low of 12.5391 and a high of 13.0504.

For comparison, the best exchange rate for USD to GHS right now is through XE, at a difference of 0.9%.

How we find the best transfer deals from United States to Ghana

We’ve compared the cost, speed, and product offering of the top money transfer services (including Wise) available between Ghana and United States. Or comparison tool compares providers based on live fees, rates, and transfer times to make sure you get the best deal available.

We also produce unbiased, detailed reviews of all the top money transfer companies for sending US Dollar to Ghana, helping you in making smarter, simpler choices. We pride ourselves on our objective reviews, maintaining complete independence in our analysis and ratings.

Take a look at our comprehensive editorial policy for more information about our dedication to integrity and transparency.

Check your provider is regulated

You should only ever use regulated providers to transfer money. If a provider is not regulated, it’s likely to be a scam.

Remember: We will only ever recommend regulated financial institutions.

Looking to send money elsewhere? Here are the most popular transfer routes

These are the most popular transfer routes for sending money to and from USA.

FAQs

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Contributors

Aneeca Younas
Aneeca Younas, based in Abu Dhabi, is a distinguished writer specializing in Business Economics and Finance. With her robust academic background in Business Economics merged with a fervent passion for journalism, Aneeca stands out in the domain of international finance. Her extensive experience working with global finance companies has endowed her with a profound understanding of international money transfers, making her insights invaluable for those seeking to navigate the complexities of global financial transactions.