How to Send Money from Nigeria to Ghana Easily?

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

Sending money to Ghana from Nigeria has become increasingly convenient with the variety of options available today.

Whether you need to support your family, make a business transaction, or help a friend, there are various options available that ensure your money reaches its destination securely and swiftly.

Understanding the available options, fees, and regulations is crucial to ensuring a smooth and secure money transfer experience.

You might prefer bank transfers, online money transfer services, mobile money platforms, or other methods, each has its advantages and considerations.

However, you should consider factors such as fees, exchange rates, transfer speed, convenience, and the recipient’s preferences when choosing the most suitable method for your needs.

Sending money across borders can be a complex process, but it doesn’t have to be. Nigeria and Ghana have a strong economic relationship, and many individuals and businesses regularly transfer funds between these two countries.

By leveraging these reliable services, you can easily send money to Ghana from Nigeria and support your loved ones or business partners in a hassle-free manner.

In this article, we will explore different methods and services that make it simple to send money from Nigeria to Ghana.

Can I Send Money from Nigeria to Ghana?

Yes, you can easily send money from Nigeria to Ghana successfully with the recent ways invoke.

You have a wide range of options thanks to the several platforms that provide remittance services for people looking to send money from Nigeria to Ghana.

However, in order to send money from Nigeria to Ghana, you must first choose a business that changes your Naira into Cedis fairly.

In order to transmit money outside of the country, many people frequently wind up paying exorbitant costs. There is always a better way.

But don’t worry; we’ll assist you in identifying the greatest selections on the table.

One of the most common and reliable ways to send money from Nigeria to Ghana is through bank transfers. Whille bank transfer might seem the most reliable way, the charges can be much.

You can save cost if you send money using p2p cryptocurrency platforms like TransferXO. They charge no fee for sending money from Nigeria to Ghana.

Meanwhile, money transfer operators (MTOs) provide an alternative solution for sending money between Nigeria and Ghana.

Trade Cryptocurrency on TransferXO

How to Send Money to Ghana from Nigeria Easily?

Sending money from one country to another has become easier and more convenient with the advancements in technology.

If you’re wondering how to send money to Ghana from Nigeria with ease, you have several reliable options to choose from.

These are some of the best ways to send money from Nigeria to Ghana, in no particular order:

1. Bank Transfers

Bank transfers are a popular choice for sending money internationally. To send money from Nigeria to Ghana, you can initiate a bank transfer through your local Nigerian bank.

Simply provide the necessary details, such as the recipient’s bank account information and the amount you wish to send. The funds will be debited from your account and credited to the recipient’s account in Ghana.

Bank transfers offer a secure and convenient way to send money, but keep in mind that they may involve fees and longer processing times.

2. Online Money Transfer Services

Online money transfer services have gained significant popularity due to their convenience and competitive rates.

Platforms like TransferWise, WorldRemit, and Western Union allow you to send money from Nigeria to Ghana easily.

These services typically operate through online platforms or mobile applications, making it convenient to initiate transfers from the comfort of your own home.

You will need to create an account, provide the recipient’s details, and follow the instructions provided by the service.

The funds can be sent directly to the recipient’s bank account or made available for cash pickup at designated locations in Ghana.

3. Mobile Money Services

Mobile money services have revolutionized the way people send and receive money in many parts of Africa.

In Nigeria and Ghana, popular mobile money platforms such as MTN Mobile Money, Airtel Money, and Vodafone Cash allow users to send and receive funds conveniently using their mobile phones.

To send money from Nigeria to Ghana using mobile money services, you will typically need to have an account with the mobile money provider and the recipient’s mobile money details.

Once the transfer is initiated, the recipient can access the funds through their mobile money account or withdraw cash from authorized agents.

4. Peer-to-Peer (P2P) Transfers

Peer-to-peer transfers have gained traction in recent years, offering an alternative method to send money internationally.

Platforms like TransferXO, PayPal and Venmo allow users to send money to individuals in different countries, including Ghana.

To use these services, both the sender and recipient need to have accounts with the platform. You can link your Nigerian bank account or credit card to your PayPal or Venmo account and transfer funds to the recipient’s account.

P2P transfers are often quick and convenient, but it’s important to consider any fees and exchange rate differences.

5. Cash-Based Transfers

In some cases, you may prefer to send money through cash-based transfers, especially if the recipient doesn’t have access to a bank account or mobile money service.

Money transfer agents like MoneyGram and Ria offer cash pickup services in Ghana, allowing the recipient to collect the funds in person.

To send money using this method, visit a local agent’s location, provide the necessary details, and pay the transfer amount plus fees.

The agent will provide you with a reference number that the recipient will need to present when collecting the cash in Ghana.

6. Cryptocurrency Transfers

Cryptocurrencies have emerged as a modern and efficient way to send money internationally.

With platforms like TransferXO, Yellow Card, and Paxful, you can transfer funds from Nigeria to Ghana using digital currencies. Both the sender and recipient need to have cryptocurrency wallets to facilitate the transfer.

Cryptocurrency transfers offer advantages such as low fees, fast transactions, and decentralized networks.

However, it’s important to consider the volatility and security aspects associated with cryptocurrencies before using them for money transfers.

What Are the Fees for Sending Money from Nigeria to Ghana?

Fees associated with sending money from Nigeria to Ghana vary depending on the chosen transfer method and service provider.

It’s essential to consider these fees to make an informed decision. Here’s a breakdown of potential costs for each option:

Banks typically charge fees for international wire transfers, which can range from $15 to $50 or more, depending on the amount sent and the banks involved.

Additionally, banks may apply exchange rate margins, which can affect the final amount received by the recipient.

While MTOs generally charge a combination of fixed fees and a percentage-based fee on the transaction amount.

These fees can vary significantly between providers, so it’s advisable to compare rates and fees before making a decision.

Keep in mind that exchange rates offered by MTOs may not be as favorable as those in the interbank market.

Online payment platforms often offer competitive fees for international transfers. PayPal charges a percentage-based fee on the transaction amount, while Payoneer and TransferWise have transparent fee structures, which may include a fixed fee and a small percentage of the transfer amount.

It’s worth noting that currency conversion fees may apply when sending money between different currencies.

Fees for mobile money services in Nigeria and Ghana are relatively low compared to other options. Charges can vary based on the transaction amount and service provider.

It’s recommended to check the specific fees associated with the chosen mobile money service to ensure a cost-effective transfer.

On the other hand, cryptocurrency fees vary depending on the blockchain network used and the transaction size.

Bitcoin, for example, has transaction fees that fluctuate based on network congestion. Additionally, cryptocurrency exchanges may charge fees for converting fiat currency into digital assets.

However, on TransferXO, there are no charges for any transfer done if you’re sending money from Nigeria to Ghana.

Best Apps To Send Money from Nigeria to Ghana: Cheapest Ways

Here are the cheapest and easiest apps to send money from Nigeria to Ghana in 2023:

  • #1. TransferXO
  • #2. Western Union
  • #3. MTN Mobile Money
  • #4. Wise
  • #5. Moneygram
  • #6. MajorityApp

#1. TransferXO

TransferXO app is the first and best option for money transfers from Nigeria to Ghana and also from Ghana to Nigeria.

Sending money from Nigeria to Ghana can be a complex process, but with TransferXO, it becomes simple and hassle-free.

TransferXO is a reliable and efficient online money transfer service that allows you to send funds from Nigeria to Ghana quickly and securely.

With their TransferXO app, it’s hazzle free to convert your Naira to Cedis to send money straight to their bank account.

However, they offer a wider range of services, including as remittance, airtime recharges, and bill payment.

How to Send Money from Nigeria to Ghana through TransferXO App

TransferXO utilizes advanced technology and a user-friendly interface to facilitate seamless money transfers. Here’s how it works:

  1. Sign Up for TransferXO: Begin by signing up for a TransferXO account. Visit their website at and click on the “Sign Up” button. Fill in the required details, including your name, email address, and password. Make sure to provide accurate information to avoid any issues during the transfer process.
  2. Verify Your Account: After signing up, you’ll need to verify your TransferXO account. Follow the instructions provided by TransferXO to complete the verification process. This step ensures the security and legitimacy of your account.
  3. Add Recipient Details: To send money to Ghana, you need to provide the recipient’s details. These include their full name, contact information, and bank account details. TransferXO takes the utmost care in protecting your recipient’s information, ensuring confidentiality and security.
  4. Enter Transfer Amount: Specify the amount you wish to send to Ghana. TransferXO provides competitive exchange rates and low transfer fees, ensuring your money goes further.
  5. Review and Confirm: Before finalizing the transfer, review the details to ensure accuracy. Double-check the recipient’s information and the transfer amount. Once you’re confident that everything is correct, confirm the transaction.
  6. Select Payment Method: TransferXO offers various payment methods to suit your preferences. Choose the most convenient option for you, whether it’s through bank transfer, credit card, or any other available method.
  7. Track Your Transfer: After completing the transaction, TransferXO provides a tracking number that allows you to monitor the progress of your transfer. You’ll receive regular updates on the status of your transaction until it reaches the recipient in Ghana.
  8. Recipient Receives Funds: Once the transfer is successfully processed, the recipient in Ghana can collect the funds from their bank account or designated pickup location, depending on the chosen payout method.

#2. Western Union

Currency exchange generates revenue for Western Union as well. Compare transfer costs and currency rates carefully before selecting a money transmitter.

Based on a variety of variables, fees and currency rates may differ by brand, channel, and area. Rates and fees are subject to modification without notice. Subject to (if any) relevant taxes.

Based on specific transaction conditions, such as the amount sent, the destination country’s currency availability, regulatory issues, identification requirements, required receiver action(s), the agent location hours, time zone differences, or the choice of delayed options, funds may be delayed or services may not be available. There can be other restrictions. For details, see the terms.

Please be cautious when submitting bank account details. The bank account identified by the account number you enter will receive the funds.

#3. MTN Mobile Money

To support folks who are visiting, working, or traveling in Ghana, you can send MTN money there. An MTN Mobile Money account, an online wallet connected to an MTN mobile phone, is required for the intended receiver.

You decide how much money to send and make the payment online. The funds will subsequently be deposited in the recipient’s account in Ghanaian cedi, the local currency.

After receiving the mobile money transfer, the recipient can use their mobile wallet to pay for items, transportation expenses, and even home expenses. Importantly, they have the option to withdraw cash as well.

#4. Wise

Transferwise used to be the name of this. A global fintech product called Wise offers risk-free ways to send money across borders and between different currencies.

Most importantly, it is open about its pricing and simple to use. With Wise, you may see your fee total before you send money, which is not often possible with well-known banks.

With Wise, it is simpler to create an account and send money in under three minutes.

Features and Advantages of Wise

  • Simple to use services for money transfers.
  • When it comes to its fees, wise is up front and honest.
  • When sending money abroad, there are incredibly inexpensive transfer fees.

#5. Barter by Flutterwave

A new method of exchanging products and services utilizing Africa’s preferred payment platform is barter by Flutterwave. With the greatest rates, you may rapidly send and receive money from anywhere in the globe.

It’s interesting to note that users can send money to friends and relatives in Africa and other countries using the Barter by Flutterwave app, conveniently from their desktop or mobile device.

The reason Barter is so well-liked is because of the virtual card service. However, they offer a wider range of services, including as remittance, airtime recharges, and bill payment.

Receiving money through several Ghanaian mobile money methods is also possible through Barter. For individuals who would like to employ such services, this is convenient.

Before you complete the transaction, you must compare the Naira to the Cedi. However, in general, they offer their clients a reasonable rate of exchange.

You should be aware that this rate is always changing. Therefore, it would be a good idea to consider alternative options as well, as they can have lower prices.

#6. Chipper Cash

You can effortlessly send money from Nigeria to Ghana with Chipper thanks to its simple interface and great user interface. Simply transfer money to the recipient’s chipper wallet is all that is required. The money can then be withdrawn whenever it suits them.

Mobile phone numbers are used as an identification by this money transfer service. This makes transmitting money easy and secure. When you have the recipient’s phone number, you don’t need to remember complicated account numbers.

Additionally, the likelihood of sending money to the incorrect account is quite low. This is because the recipient’s phone number is almost certainly in your contact list.

When sending money, you have the equally appealing option of using their zero-fee transactions.

#7. Paypal

With the help of the online payment system PayPal, it is safe and secure to send and receive money online.

You can access online shopping by connecting your bank account, credit card, or debit card to your PayPal account. In this way, PayPal serves as a go-between for you and a bank.

More so, PayPal is the quicker, safer, and more convenient way to send and receive money online. Websites, mobile apps, programmatic interfaces, and integrations can all be used to access PayPal. To support POS (point of sale), e-commerce, and subscription-based transactions, it offers tools and services.

It protects users by providing the finest digital security available, purchase resolution, and seller protection.

FAQs about Sending Money from Nigeria to Ghana

Can I send money from Nigeria to Ghana using PayPal?

Yes, you can send money from Nigeria to Ghana using PayPal. However, it’s important to note that PayPal’s services in Nigeria are limited, and you can only use it to make online purchases or send money to family and friends. To send money to Ghana, you would need to link your Nigerian bank account to your PayPal account and transfer funds accordingly.

Are there any restrictions or regulations for sending money from Nigeria to Ghana?

Yes, there are certain regulations and restrictions to be aware of when sending money from Nigeria to Ghana. Both countries have their own regulatory frameworks and may require specific documentation for international transfers. It’s advisable to contact your bank or chosen service provider to ensure compliance with these regulations.

Can I send money from Nigeria to Ghana using mobile money services?

Yes, you can send money from Nigeria to Ghana using mobile money services. Companies like MTN Mobile Money, AirtelTigo Cash, and Vodafone Cash have expanded their operations across borders, allowing users to send and receive funds conveniently using their mobile wallets.

How long does a bank transfer from Nigeria to Ghana take?

Bank transfers from Nigeria to Ghana can take several business days, depending on the banks involved and any intermediary institutions. It’s important to consider the processing times and factor in any potential delays when planning your transfer.

Is it possible to send money from Nigeria to Ghana using cryptocurrency?

Yes, it is possible to send money from Nigeria to Ghana using cryptocurrency. However, both the sender and recipient need to have digital wallets and be familiar with the process of sending and receiving cryptocurrency. It’s crucial to ensure the security and reliability of the chosen cryptocurrency platform.

What is the most cost-effective method to send money from Nigeria to Ghana?

The most cost-effective method to send money from Nigeria to Ghana depends on various factors, including the transfer amount, urgency, and the specific fees associated with each service provider. Comparing the fees and exchange rates offered by different options will help you determine the most cost-effective solution for your needs.

Can I send money to Ghana from Nigeria using a credit card?

Yes, you can use your credit card to send money to Ghana from Nigeria. Some online money transfer services and peer-to-peer platforms accept credit card payments. However, keep in mind that additional fees or charges may apply for using a credit card for money transfers.

What information do I need to provide for a bank transfer to Ghana?

To send money to Ghana via a bank transfer, you will typically need the recipient’s full name, bank name, account number, and the bank’s branch or routing code. Make sure to double-check the accuracy of the information to avoid any delays or issues.

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

Yes, there may be limits on the amount of money you can send from Nigeria to Ghana, depending on the method you choose and the regulations in place. Banks, money transfer services, and mobile money platforms may have different limits, so it’s essential to check with the respective service provider.

How long does it take to send money from Nigeria to Ghana using online money transfer services?

The transfer time can vary depending on the service provider and the method chosen. In general, online money transfer services can process the transfer within a few minutes to a few business days, depending on factors such as the payment method, currency conversion, and any additional security checks.

Are there any fees involved in sending money from Nigeria to Ghana?

Yes, most money transfer services and banks charge fees for international transfers. The fees can vary depending on the service provider, the amount being sent, the payment method used, and other factors. It’s advisable to compare the fees and exchange rates offered by different providers to find the most cost-effective option.

Is it safe to send money from Nigeria to Ghana using online services?

When using reputable and secure online money transfer services, sending money from Nigeria to Ghana is generally safe. However, it’s important to be cautious and ensure that you are using legitimate platforms. Look for secure website connections (HTTPS) and do some research on the service provider’s reputation and customer reviews.


In conclusion, sending money from Nigeria to Ghana is indeed possible through various methods such as bank transfers, money transfer operators, online payment platforms, mobile money services, and even cryptocurrency.

Each method has its own advantages and considerations, including fees, processing times, and regulatory requirements.

Before making a decision, it’s important to assess your specific needs and preferences. Consider factors such as speed, convenience, cost-effectiveness, and the familiarity of the recipient with different transfer methods.

By taking these factors into account, you can choose the most suitable option to send money from Nigeria to Ghana with ease

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