From 
GH you can also
send
money to
GH you can also
send
money to
Sending money from GHANA to NIGERIA
GHS
|
USD
Payment instrument
Access point
Sending network coverage
Transfer
speed
<em>Transfer
Speed</em> has been
standardized in six broad
categories.
Receiving method
Exchange rate
margin (%)
The
exchange rate margin is the cost
resulting from the fact that the
firm applies a rate that is
different from the market
reference rate. The margin is
the percentage difference
between the market reference
rate and the exchange rate
actually applied to the
transaction.
Total cost
(%)
The total
cost of sending a remittance
transfer includes: the fee
charged to the sender plus the
exchange rate margin.
Total cost
(GHS)
The total
cost of sending a remittance
transfer includes: the fee
charged to the sender plus the
exchange rate margin.
Payment instrument
Access point
Internet
Sending network
coverage
High
Receiving method
High
9.00
2.39
Percentage
difference between market
reference rate 96.65 and
exchange rate charged
94.34
5.39
16.17
Payment instrument
Access point
Bank branch
Sending network
coverage
High
Receiving method
High
20.00
2.52
Percentage
difference between market
reference rate 96.78 and
exchange rate charged
94.34
9.19
27.57
Payment instrument
Access point
Bank branch
Sending network
coverage
High
Receiving method
Medium
20.00
2.52
Percentage
difference between market
reference rate 96.78 and
exchange rate charged
94.34
9.19
27.57
Payment instrument
Access point
Bank branch
Sending network
coverage
Low
Receiving method
Medium
25.00
4.20
Percentage
difference between market
reference rate 96.65 and
exchange rate charged
92.59
12.53
37.59
Payment instrument
Access point
Bank branch
Sending network
coverage
Low
Receiving method
High
25.00
4.20
Percentage
difference between market
reference rate 96.65 and
exchange rate charged
92.59
12.53
37.59
Payment instrument
Access point
Bank branch
Sending network
coverage
Medium
Receiving method
Medium
25.00
4.20
Percentage
difference between market
reference rate 96.65 and
exchange rate charged
92.59
12.53
37.59
Payment instrument
Access point
Call Center
Sending network
coverage
Medium
Receiving method
Medium
25.00
4.20
Percentage
difference between market
reference rate 96.65 and
exchange rate charged
92.59
12.53
37.59
|
Total Average First Quarter 2025
10.56
|
Total Average Fourth Quarter 2024
11.67
|
Total Average
|
Fee
21.29
|
Exchange Rate Margin (%)
3.46
|
Total Cost Percent (%)
10.56
|
Total Cost (GHS)
31.67
|
Non-Transparent
records
Bank account transfer
Cash
Same day
Bank account
Cash
