No one wants to deal with expensive and complicated ways of sending money to their family, friends, or anybody else. Whether you want to send mobile money to Ghana to help your family or to pay your business debts, it is something that you must fuss about. You can easily send money to Ghana online without worrying about paying hefty transfer charges with online payment methods. But while choosing between the bank and online transaction services, you must first compare the transfer and exchange fees of the service providers to send money to Ghana.
Here is the list of the best way to transfer money internationally:
- Online Money Transfer Companies
The foremost thing to do before transferring money online is to compare the rates of service providers. You must know about the transfer and exchange rates of the providers you are willing to choose to send money to Ghana. It is best to choose the one that offers quick and economical service to send money to Ghana online and save you time and money.
If you are unsure to know which service provider to choose, then you must follow the tips mentioned below:
- Transfer Fees
It is very important to find out whether the provider is charging a fixed amount or some percent of your transfer amount. Some of them may also offer free transfer services, in case of a big transfer amounts.
- Exchange rates
Mostly, the service provider charges exchange rates for their profit. Thus, it would help if you first compared the rate of the currency exchange rate to make a wise decision to send money to Ghana.
- Ways to send and receive money
Online transferring services (like EziPay) offer you to pay directly using Mobile money, through your credit card, debit card, or internet banking. You need to make sure that the provider you choose sends the money instantly, and the recipient can receive the amount directly in their Ghanaian Mobile Money wallet, or bank account.
- Speed of transferring money
If you can spend a little more time on research, you can find better service providers. EziPay is an example of one such service provider that allows you to make a quick money transfer to Ghana. If you are looking for the best money sending app, then you must choose EziPay.
- The limit of transferring money
The amount of your transaction forms the basis of the selection when it comes to choosing the service provider. For a large amount, you must look for the company that offers the least transferring rates.
- Email Money Transfer
It is an online money transfer system with no extra transfer charge. It is like a bank transfer, but in this case, the sender does not have to know the receiver’s bank information to send money to Ghana.
The process
- The sender just has to log in to his bank’s website and fill up a form with the email information of the receiver.
- A security question gets generated, which the sender has to share only with the receiver.
- The receiver’s bank is notified, and then the receiver has to share the security question to complete the transaction.
- This transaction may take up to 3-5 days to complete.
All the details and notifications are shared by email and are completely safe and secure.
Both electronic money transfer and traditional money payment ways are available to send money to Ghana. The only thing is that you must research and make sure that you choose the best way to transfer money internationally.
Comments