Are you from Ghana and residing in the UK or in a different European country? If yes, you may need to send some money to Ghana back to your home to support your family. As we see, online money transfer is becoming more popular and safer as compared to other means of money transfer.
Seeing this, a lot of companies jumped into this field to grab online customers. No doubt, they are earning millions of dollars every year with online remittance.
So the thing is, we are going to focus on online money transfer scams and the way we can avoid them.
There are some big and well reputed companies in the market which provide good services by keeping their customers happy. Some of these companies are well established.
If we talk about their exchange rates, it’s slightly higher as compared to small companies. The reason is because their online money transfer business is so vast that if some customers fall back due to currency rates that won’t affect the overall percentage of their customers.
On the other side, if you look at companies which have limited numbers of customers and are new in the market like ten or twenty years old. Their currency rates are good with low money transfer fees just like ACE Money Transfer.
You can transfer money to Ghana using its services.