Remittance Prices Worldwide

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Sending money from GHANA to NIGERIA

Data collected on: Aug 19, 2025 - Aug 28, 2025
GHS | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Disbursing network coverage
Fee
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)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Firm
United Bank for Africa (UBA)
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium 
Transfer speed
Receiving method
Disbursing network coverage
Medium 
Fee
25.00
Exchange rate margin(%)
5.54
Percentage difference between market reference rate 138.59 and exchange rate charged 130.92
Total cost (%)
13.87
Total cost (GHS)sort descending
41.62
Firm
UBA Africash
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Low 
Transfer speed
Receiving method
Disbursing network coverage
Medium 
Fee
25.00
Exchange rate margin(%)
5.53
Percentage difference between market reference rate 138.59 and exchange rate charged 130.92
Total cost (%)
13.86
Total cost (GHS)sort descending
41.59
Firm
United Bank for Africa (UBA)
Firm type: Bank
 
Payment instrument
Access point
Call Center
Sending network coverage
Medium 
Transfer speed
Receiving method
Disbursing network coverage
Medium 
Fee
25.00
Exchange rate margin(%)
5.96
Percentage difference between market reference rate 139.22 and exchange rate charged 130.92
Total cost (%)
14.29
Total cost (GHS)sort descending
42.88
Firm
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Bank branch
Disbursing network coverage
Medium 
Fee
20.00
Exchange rate margin(%)
5.76
Percentage difference between market reference rate 134.82 and exchange rate charged 127.05
Total cost (%)
12.43
Total cost (GHS)sort descending
37.28
Firm
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Disbursing network coverage
High 
Fee
9.00
Exchange rate margin(%)
9.82
Percentage difference between market reference rate 140.80 and exchange rate charged 126.98
Total cost (%)
12.82
Total cost (GHS)sort descending
38.46
Firm
UBA Africash
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Low 
Transfer speed
Receiving method
Bank branch
Disbursing network coverage
High 
Fee
25.00
Exchange rate margin(%)
5.41
Percentage difference between market reference rate 138.41 and exchange rate charged 130.92
Total cost (%)
13.74
Total cost (GHS)sort descending
41.23
Firm
EcoBank Rapid Transfer
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Disbursing network coverage
High 
Fee
20.00
Exchange rate margin(%)
5.35
Percentage difference between market reference rate 134.23 and exchange rate charged 127.05
Total cost (%)
12.02
Total cost (GHS)sort descending
36.05
Total Average Third Quarter 2025
13.29
Total Average Second Quarter 2025
0
Total Average
Fee
21.29
Exchange Rate Margin (%)
6.20
Total Cost Percent (%)
13.29
Total Cost (GHS)
39.87
Non-Transparent records
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Same day
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