The world has rapidly moved towards globalization. People are moving to other countries for setting businesses, investing money or earning money.
Ghana, being an underdeveloped country, has a relatively weaker currency. Thereby, a huge number of people are earning in other countries, which have stronger currencies.
They often send money to Ghana to fulfil the needs of their relatives. Their GDP is highly dependent on international remittances. This fact highlights the importance of IMTs’ presence in this state.
1. Western Union
The pioneers of international money transfer, western union has spent over 60 years to serve people living in different countries.
It is one of the most well-known money transfer company, and its services are readily available in Ghana. You can send money to Ghana online by using any bank or payout location working in Ghana, through western union. They have a transfer limit of 5000$ per day.
2. World Remit
This internationally known company is providing meagre currency exchange rates, which help the customers to save most of their money.
It is offering instant cash pick out within minutes, and it allows you to send money online through different channels such as door to door delivery, cash pickup or bank transfer. You can choose whatever option suits you the most.
3. ACE Money Transfer
It is an efficient and credible company used to send money quickly online. With more than 275,000 payout locations, it has made it very easy for the customers to send or receive payments.
They have zero-markups on exchange rates, and the currency exchange rates are totally optimized. No lengthy documents are needed to open your account in ACE Money Transfer.
You can choose from multiple receiving options such as door to door delivery, bank transfer or instant cash pick out, according to the feasibility of the receiver. For a reliable and affordable money transfer to Ghana, their services are second to none.
Azimo is a good option if you have to send money to your home. It has made it really easy for every migrant to send money globally without any extra effort or problem.
You can get your bank account or mobile app for using their services. Their currency exchange rates are also meagre, and they have around 3,00,000 pick out locations around the globe.
Once you’ve made your transfer, you can track your shipment too. They may ask for your document proof and address proofs while transferring money for the purpose of security.
How To Choose The Best Money Transfer Provider?
Whenever you are sending money internationally, try to choose a provider from top recommendations of that state. Every company has different pros and cons, transfer limits, time period of transfer, along with documentation requirements.
For Instance, Western Union has a transfer limit of 5000$ per day. However, Transfer Wise has a transfer limit of 30,000$ per day. So if a person wants to send larger amounts, then he may opt for transfer wise rather then Western Union.
The choice of any money transfer platform, hence solely depend on your perimeters. Always choose the provider who meets your expectations while fulfilling all required needs.