The Bank of Ghana says remittances reached nearly US$7.8 billion in 2025, more than the country received in foreign direct investment. Behind that number are millions of transfers from family abroad, and fees and weak rates take a cut of each one.
The World Bank’s Remittance Prices Worldwide data puts the global average cost of sending $200 at about 6.4 percent. Here is how to keep more of your money when sending to Ghana.
Why Transfers to Ghana Lose Value
A marked-up cedi rate, a flat fee, and slow routing through intermediary banks. The fee you see is rarely the full cost. Compare what your recipient receives in cedis. For more on costs, read the best way to send money internationally.
Four Rules for Sending Money to Ghana
- Compare the GHS amount received.
- Pick the right payout. Bank deposit or mobile money, whichever your recipient uses daily.
- Skip multi-bank routes. See ACH vs Wire vs SWIFT.
- Save the confirmation.
How to Send Money to Ghana on Novacrust
Step 1: Select Ghana
Sign in at novacrust.com, tap Send Money, and choose Ghana.
Step 2: Choose bank deposit or mobile money
Novacrust supports both payouts in Ghana.
Step 3: Check the rate
See the exact GHS amount before you confirm.
Step 4: Send
Confirm and your transfer is on its way.
Have USDT and Need Cedis?
You can sell crypto and cash out in Ghana on Novacrust. The steps match our guide to converting crypto to local currency. Fund your account with USDC or USDT, then cash out.
Frequently Asked Questions
What is the best way to send money to Ghana?
A platform that pays out directly by bank deposit or mobile money and shows the rate upfront.
Can I send to a mobile money wallet?
Yes. Novacrust supports mobile money payouts in Ghana.
How do I avoid hidden fees?
Compare the final cedi amount, not the fee line.
The Bottom Line
Ghana receives billions from abroad each year. Make sure your share arrives in full by checking the rate before you send.
Send money to Ghana on Novacrust. Get Started. It’s Free.