How to Send Money from Ghana to Nigeria Instantly | Best Apps in 2023

How to Send Money from Ghana to Nigeria
How to Send Money from Ghana to Nigeria

Sending money from Ghana to Nigeria involves navigating various financial systems and ensuring the funds reach their destination securely and promptly.

To simplify this process, several money transfer services have emerged, offering convenient solutions for individuals and businesses alike.

Reliable money transfer services are essential when it comes to cross-border transactions. They ensure that your hard-earned money is safely transferred to the intended recipient without unnecessary delays or complications.

With trustworthy services, you can have peace of mind knowing that your funds are in capable hands.

TransferXO is a trusted and reliable platform that allows individuals to transfer funds securely and swiftly between two countries.

Sending money from Ghana to Nigeria can be a convenient and efficient process, especially with the help of TransferXO.

In this article, we will guide you through the step-by-step process of sending money from Ghana to Nigeria using TransferXO, providing you with all the necessary information and instructions you need to make the transaction.

Table of Contents

Can I Send Money from Ghana to Nigeria? Exploring the Options

It’s true, sending money from one country to another has become increasingly convenient with the advancement of technology and the growth of digital financial services.

If you find yourself in Ghana and need to send money to Nigeria, you might be wondering about the available options, fees involved, and the overall process.

When it comes to sending money internationally, one of the most common methods is through crypto exchanges. It’s fast, reliable, and does not include so much cost.

An easy-to-use crypto exchange platform called TransferXO makes it possible to send money safely across borders, even from Ghana to Nigeria.

With the help of TransferXO, you can now send money from Ghana to Nigeria. If you reside in Ghana, sending money to Nigeria with TransferXO is simple and convenient without the need for time-consuming paperwork or in-person trips to banks or money transfer companies.

While some will want to opt for banks, it’s important you know that banks in both Ghana and Nigeria offer services that facilitate cross-border transactions. To initiate a transfer, you will typically need to provide the recipient’s bank account details, including the account number, bank name, and branch code.

While this method is reliable, it may take a few business days for the funds to reach the recipient’s account.

Trade Cryptocurrency on TransferXO

Factors to Consider when Sending Money from Ghana to Nigeria

Exchange Rates

When sending money from Ghana to Nigeria, one of the crucial factors to consider is the exchange rate. Exchange rates determine the value of one currency in relation to another.

Fluctuations in exchange rates can significantly impact the amount received by the recipient. It is advisable to compare exchange rates offered by different financial institutions or money transfer services to get the best value for your money.

However, platforms like TransferXO maintains a good and reliable exchange rate. So, if it’s

Transfer Fees

Another important factor to consider when sending money is the transfer fees associated with the transaction.

Various financial institutions and money transfer services may charge different fees for their services.

It is essential to evaluate the fees charged and choose a service that offers competitive rates while ensuring the safety and efficiency of the transfer.

Security and Safety

Ensuring the security and safety of your funds during the transfer process is of utmost importance.

Look for reputable and trusted financial institutions or money transfer services that employ advanced security measures to protect your money.

Choose services that are regulated and licensed to provide financial services, as they are likely to adhere to strict security standards.

You can check out: How to Send Money from Nigeria to Ghana Easily?

How to Send Money from Ghana to Nigeria with TransferXO

Sending money from Ghana to Nigeria has never been easier with TransferXO. TransferXO streamlines the entire process, providing a secure and efficient platform for international money transfers.

This section will provide you with a step-by-step guide on how to make a successful money transfer using this platform.

Step 1: Create an Account with TransferXO

To get started, you need to create an account with TransferXO. Visit their website and click on the “Sign Up” button.

Fill in the required information, including your name, email address, and password. Ensure that you provide accurate details to avoid any complications during the transfer process.

Step 2: Verify Your Account

After creating your account, TransferXO will send a verification link to the email address you provided. Click on the link to verify your account.

This step is crucial for security purposes and to ensure that you have a fully functional account.

Step 3: Provide Recipient Details

Once your account is verified, you can start the process of sending money.

Provide the necessary details of the recipient, including their full name, phone number, and bank account details.

Double-check the information to avoid any errors that could delay or hinder the transfer.

Step 4: Enter the Transfer Amount and Currency

Specify the amount of money you wish to send and choose the currency in which you want the recipient to receive the funds.

TransferXO supports various currencies, including Ghanaian Cedi (GHS) and Nigerian Naira (NGN). Ensure that you are aware of the current exchange rate to make an informed decision.

Step 5: Select Transfer Method

TransferXO offers multiple transfer methods to suit your preferences and needs. Choose the most convenient option for both you and the recipient.

The available methods include bank transfers, mobile wallets, or fiat wallets.

Step 6: Review and Confirm

Before proceeding with the transfer, take a moment to review all the details you have provided.

Verify the accuracy of the recipient’s information, transfer amount, and chosen transfer method.

Once you are certain that everything is correct, click on the “Confirm” button to initiate the transfer.

Step 7: Make Payment

To complete the transaction, you will need to make the payment for the transfer. TransferXO provides various payment options, such as bank transfers or debit/credit card payments.

Select the payment method that suits you best and follow the instructions to finalize the payment.

Step 8: Track Your Transfer

After the payment is successfully processed, TransferXO will provide you with a tracking number or reference code.

This information will enable you to track the progress of your transfer. You can monitor the status of the transfer through your TransferXO account or by contacting their customer support team.

Step 9: Confirmation and Receipt

Once the transfer is completed, TransferXO will send a confirmation notification to your registered email address.

This notification serves as proof of the successful transaction. Keep the confirmation and receipt for your records and reference, as they may be required in case of any issues or inquiries.

Don’t fail to also read: How to Send Money from Nigeria to Kenya | Best Apps in 2023

Reasons You Should Use TransferXO to Send Money from Ghana to Nigeria

1. Ease of Use: Simple and Intuitive Interface

TransferXO offers a seamless user experience through its simple and intuitive interface. With just a few clicks, you can initiate a transfer and have the money on its way to your recipient in Nigeria.

The user-friendly design ensures that even those who are not tech-savvy can easily navigate the platform.

Whether you are accessing TransferXO through their website or mobile app, the process remains consistent and hassle-free.

2. Competitive Exchange Rates: Get More Value for Your Money

When sending money from Ghana to Nigeria, getting the best exchange rate is crucial to maximizing the value of your transfer.

TransferXO offers highly competitive rates, ensuring that you get more Nigerian Naira for every Ghanaian Cedi you send.

By eliminating excessive fees and providing transparent rates, TransferXO saves you money while ensuring a fair and reliable service.

3. Fast and Secure Transactions: Peace of Mind

TransferXO understands the importance of prompt and secure transactions. They have established a robust system that ensures the money reaches your recipient in Nigeria quickly and safely.

With their state-of-the-art technology and adherence to strict security protocols, you can have peace of mind knowing that your funds are protected throughout the entire transfer process.

4. Wide Network: Reach Anywhere in Nigeria

TransferXO boasts an extensive network that covers various cities and regions across Nigeria.

Whether your recipient is located in Lagos, Abuja, or any other part of the country, TransferXO has you covered.

Their widespread presence enables you to send money to your loved ones no matter where they are, ensuring that your support can reach them in a timely manner.

5. Multiple Transfer Options: Choose What Works for You

TransferXO understands that everyone has different preferences and needs when it comes to sending money. That’s why they offer multiple transfer options to cater to a wide range of users.

Whether you prefer bank transfers, cash pickups, or mobile wallet top-ups, TransferXO provides flexibility and convenience. You can select the option that best suits your recipient’s preferences and circumstances.

6. 24/7 Customer Support: Assistance When You Need It

In the world of money transfers, having reliable customer support is essential. TransferXO offers 24/7 customer support to assist you with any queries or concerns you may have.

Their knowledgeable and friendly support team is readily available to guide you through the process, resolve any issues, and ensure a smooth experience from start to finish.

How Much Does it Cost to Send Money from Ghana to Nigeria?

When sending money from Ghana to Nigeria, the cost can vary depending on the factors mentioned above.

It’s essential to consider the fees, exchange rates, and transfer methods provided by different service providers.

Here is a breakdown of the potential costs involved:

Bank Transfers:

Banks typically charge a flat fee for international transfers, which can range from $10 to $50 per transaction.

In addition to the flat fee, banks may also apply an exchange rate markup, resulting in additional costs.

It’s advisable to inquire with your bank about the exact fees and rates for sending money from Ghana to Nigeria.

Online Money Transfer Services:

Online money transfer services are becoming increasingly popular due to their convenience and competitive rates.

Providers such as TransferWise, WorldRemit, and Remitly offer low fees and competitive exchange rates.

The fees for online money transfer services can range from 0.5% to 3% of the transfer amount.

Some providers may also offer promotional rates or discounts for first-time users.

Remittance Companies:

Remittance companies specialize in international money transfers and offer competitive rates.

Companies like Western Union and MoneyGram have a wide network of agents, making it convenient to send and receive money.

The fees for remittance companies vary based on the amount being sent, the destination, and the transfer method.

It is advisable to compare the fees and exchange rates offered by different remittance companies to find the best deal.

Exchange Rate Considerations:

As mentioned earlier, exchange rates can significantly impact the final cost of sending money from Ghana to Nigeria.

Banks and service providers often apply an exchange rate markup, reducing the amount received by the recipient.

Keeping an eye on the exchange rates and choosing a provider that offers competitive rates will help you maximize your funds.

Best Apps to Send Money from Ghana to Nigeria

When it comes to sending money from Ghana to Nigeria, there are several reliable and convenient apps that can make the process quick and hassle-free.

Here are some of the best apps you can use to send money from Ghana to Nigeria:


Money transfers from Nigeria to Kenya are simple and hassle-free with TransferXO.

This app offers a practical option for individuals, enterprises, and freelancers that routinely conduct cross-border transactions thanks to its user-friendly layout and cutting-edge functionality.

Speed and security are of the utmost importance when sending money internationally. This need is recognized by TransferXO, which makes sure that your money is transferred fast and safely.

Offering competitive conversion rates, TransferXO makes sure you get the most for your money.

TransferXO lowers transfer fees and provides advantageous exchange rates by utilizing its vast network of banking partners, boosting the amount received by the recipient.


TransferWise is a popular choice for international money transfers due to its low fees and transparent exchange rates.

It allows you to send money from your Ghanaian bank account to a Nigerian bank account with ease. The app also provides real-time notifications and updates on the status of your transfer.


WorldRemit is another trusted app that enables you to send money from Ghana to Nigeria. It offers competitive exchange rates and low transfer fees.

With WorldRemit, you can send money directly to Nigerian bank accounts or opt for cash pickup at designated locations.


Although PayPal is not specifically designed for cross-border transfers between Ghana and Nigeria, it can still be a viable option.

Both senders and receivers need to have PayPal accounts, and the transfer can be made by linking a Ghanaian bank account to the PayPal account. Keep in mind that PayPal fees may apply.


Azimo is a user-friendly app that allows you to send money to Nigeria from Ghana quickly. It offers competitive exchange rates and low fees, making it a cost-effective choice.

Azimo provides various delivery options, including bank deposits and cash pickups.


Skrill is an e-wallet service that enables you to send money internationally, including from Ghana to Nigeria.

It offers quick transfers and competitive exchange rates. Skrill also provides a prepaid Mastercard, which can be used for online and offline transactions.

Remember to consider factors such as exchange rates, fees, and delivery options when choosing the best app for your needs. Additionally, it’s always a good idea to read reviews and check the credibility of the app before initiating any transfers.

Sending money from Ghana to Nigeria has become much more convenient with the availability of these reliable apps. Choose the one that suits your requirements and enjoy seamless money transfers between the two countries.

Methods for Sending Money from Ghana to Nigeria

Here are different methods of sending money from Ghana to Nigeria:

Cryptocurrency: The Future of Cross-Border Transactions

In recent years, cryptocurrencies have emerged as an innovative solution for cross-border transactions.

Platforms like Bitcoin, Ethereum, and Ripple offer decentralized and secure methods of sending money globally.

By using cryptocurrency exchanges or peer-to-peer platforms, you can convert your Ghanaian Cedis into popular cryptocurrencies and send them to the recipient in Nigeria.

However, it’s essential to consider the volatility and regulatory environment surrounding cryptocurrencies before opting for this method.

Mobile Money Transfers: Convenience at Your Fingertips

Mobile money transfer services have gained significant popularity in recent years, especially in Africa.

In Ghana and Nigeria, platforms like MTN Mobile Money, Airtel Money, and Vodafone Cash allow users to send money directly from their mobile wallets.

These services often provide a more convenient and faster way to send funds, as recipients can access the transferred amount instantly through their mobile devices.

Online Payment Providers: Speed and Flexibility

Another option for sending money from Ghana to Nigeria is through online payment providers. Platforms like PayPal, Payoneer, and TransferWise enable individuals and businesses to make cross-border transactions with ease.

These services offer speed, flexibility, and competitive exchange rates. By linking your bank account or credit card to the online payment provider, you can transfer funds seamlessly.

Cash Transfer Agencies: Reliable Remittance Solutions

Cash transfer agencies are widely available in both Ghana and Nigeria, providing reliable remittance solutions.

Companies such as Western Union, MoneyGram, and Ria Money Transfer have established networks that allow individuals to send money quickly to their desired locations.

With thousands of agent locations in both countries, these agencies offer convenience for both the sender and the recipient.

How to Receive Money from Ghana to Nigeria: An Overview

Receiving money from Ghana to Nigeria involves utilizing various channels and services to facilitate the transfer. Both countries have established financial systems and options available to individuals and businesses.

Understanding the available methods and choosing the most suitable one based on factors like speed, cost, and convenience is essential.

The exchange rate represents the value of one country’s currency in terms of another country’s currency. Currency exchange rates fluctuate daily, and it’s important to stay updated on the current rates to ensure you receive the accurate amount in Nigerian Naira.

To find the most accurate exchange rate, you can visit reliable financial websites or use reputable currency converter tools like These platforms provide real-time exchange rates and historical data, allowing you to make informed decisions when receiving money from Ghana to Nigeria.

To further simplify the process, here’s a step-by-step guide on how to receive money from Ghana to Nigeria:

  1. Determine the desired method for receiving money based on factors like speed, cost, and convenience. Consider the options discussed above, including banks, online payment platforms, mobile money services, remittance services, and cryptocurrency transfers.
  2. Gather the necessary information or set up the required accounts based on the chosen method. For example, if you opt for a bank transfer, ensure you have a bank account in Nigeria and the corresponding swift code.
  3. Share the relevant details with the sender, including your account information, mobile money account details, online payment platform account, or cryptocurrency wallet address.
  4. Communicate the preferred method to the sender and provide any additional instructions or requirements specific to the chosen method.
  5. Monitor the progress of the transaction, whether through tracking numbers, notification emails, or customer support communication. Stay in touch with the sender to ensure a smooth transfer.
  6. Once the funds are received, verify the amount and check for any fees or deductions imposed by the chosen method. Withdraw the funds to your local bank account, convert them to cash, or utilize them according to your needs.

Following these steps will help you navigate the process of receiving money from Ghana to Nigeria efficiently and effectively.


What is the best way to send money from Ghana to Nigeria?

The best way to send money from Ghana to Nigeria depends on your specific needs and preferences. It is recommended to compare the exchange rates, transfer fees, and transfer speeds offered by different financial institutions or money transfer services. Additionally, consider factors such as security, customer support, and regulatory compliance to make an informed decision.

Can I use cryptocurrencies to send money from Ghana to Nigeria?

Cryptocurrencies provide an alternative method for sending money internationally. By using cryptocurrency exchanges or peer-to-peer platforms, you can convert Ghanaian Cedis into cryptocurrencies and send them to Nigeria. However, consider the volatility and regulatory aspects before choosing this method.

What are the factors to consider when choosing a money transfer method?

When selecting a money transfer method, consider factors such as transfer fees, exchange rates, speed of transfer, convenience, and the reliability of the service provider.

Can I send money directly from my bank account in Ghana to a bank account in Nigeria?

Yes, you can transfer funds directly from your Ghanaian bank account to a Nigerian bank account. Contact your bank to inquire about the international transfer process and any associated fees.

Are there any limits on the amount of money I can send from Ghana to Nigeria?

Yes, both Ghana and Nigeria have regulations in place regarding the maximum amount of money that can be transferred internationally. Check with your money transfer service or financial institution for specific details on these limits.

How long does it usually take for the transferred funds to reach the recipient in Nigeria?

The duration of the transfer depends on the chosen transfer method. Bank transfers and online platforms typically take 1-5 business days, while cash pickup services offer instant or same-day transfers.

What should I do if there is an issue or delay with my money transfer?

If you encounter any problems or experience delays with your money transfer, contact the customer support of your money transfer service immediately. They will assist you in resolving the issue and ensuring the successful completion of the transfer.

Are there any alternative methods for sending money from Ghana to Nigeria?

Yes, apart from traditional money transfer services, you can explore alternative methods such as cryptocurrency transfers or peer-to-peer payment platforms. However, ensure you thoroughly research and understand the associated risks before using these methods.

Can I cancel or modify a money transfer after initiating it?

The ability to cancel or modify a money transfer depends on the policies of the money transfer service you have chosen. Contact their customer support as soon as possible to inquire about the available options in such situations.


Sending money from Ghana to Nigeria is indeed possible through various methods such as traditional bank transfers, online money transfer services, and mobile money transfers.

Each option has its own set of advantages and limitations, so it’s essential to consider factors like speed, cost, and convenience before making a decision.

By following the step-by-step process and staying informed about any regulations, you can successfully send money from Ghana to Nigeria and support your loved ones or fulfill other financial obligations.

Remember, always compare different providers, check their fees and exchange rates, and read user reviews to ensure a smooth and secure transfer experience.

Now that you are equipped with this knowledge, you can confidently navigate the realm of cross-border money transfers between Ghana and Nigeria!

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