People are working in other countries away from their families these days, and some have a business in other countries. So they have to make money transfers sometimes.
It would be better to prefer cheap but secure ways of transferring money. An affordable way for money transfer abroad is via currency transfer specialists.
ACE money transfer can be a good option for you. As they send money to Ghana and other desired country and charge less fee for providing their services.
How to Send Your Hard Earned Money to Ghana?
People work hard to make money, and it hurts when they have to pay high transfer fees. These high transfer fees include hidden costs also, which are a source of profit for the company giving you money transfer service.
Banks are worst in this case. They charge you extra fees by offering high exchange rates than those traded in the market. The best way is to send money online.
Cheap way for money transfer depends upon the countries you are sending money from and to. If you want money transfer to Ghana, then choose a reliable money transfer company. It also depends upon the amount you want to post, the payment method you are using, and the pick out option.
What is the Cheapest Eay to Send Money Online?
The most inexpensive way to send money online globally is to use money transfer services from specialists. These providers offer you more competitive fees and rates as compared to banks and PayPal.
As a result, the recipient will end up having more money. But it would be tough to find out which money transfer service provider is the cheapest among all.
By comparison of different services, you can choose the best one for you. It depends on your needs. For comparison of various services providers, you can take help from the internet.
There are a lot of tools available here for comparing the services of different providers based on exchange rates offered.
Why Prefer a Specialist Currency Provider for Cheap Money Transfer?
It is recommended to take services from specialist currency providers, especially when you want to send money to Ghana online. Reasons behind this are as follows:
- They provide much better exchange rates as compared to banks.
- There are no hidden charges, so you will pay fewer and lower fees.
- They provide you with a lot of options regarding transfer funding and receiving money on the other side.
- Transfers are completed quickly as compared to others.
- Banks have to do a lot of things. While these money transfer services providers are specific for international money transfers.
- They provide you with personal customer service.
Why are Banks to Bank Transfer is not a Preferable Option to send money?
According to an estimate by the World Bank, people pay 6 to 8 percent of the total amount of transferrin fees. This is about 60 to 80 bucks on the transfer of 1000 dollars.
So sending money abroad via bank is the most expensive way. According to the World Bank, it was concluded that most of the banks charge ten percent of the total amount on average.
And this is too much. So preferring a bank for international money transfer is not a good option. You cannot send money quickly also.