What It Costs to Send Money to Ghana from the US
In the 2024 Q3 World Bank Remittance Prices Worldwide quarterly survey, sending USD 200 from the United States to Ghana carried a median total cost of 5.70% and an average total cost of 6.34% of the amount sent. Total cost, as defined by the survey methodology, combines two components: any transfer fee charged by the provider and the exchange-rate margin applied to the transaction, both expressed together as a percentage of the USD 200 send amount.
Across the 28 providers surveyed in that 2024 Q3 snapshot, total costs ranged from a low of -1.48% to a high of 18.44%, reflecting substantial variation in how providers price this corridor. The cheapest surveyed provider in the 2024 Q3 survey was MoneyGram; this reflects the dated survey results only and may not represent current pricing, as rates and fees can change between survey periods.
Costs within this corridor can also differ depending on the payment method used (such as bank account or debit card), the payout method available to the recipient, and the amount transferred, since the survey basis is specifically USD 200. The World Bank updates this survey quarterly. The per-provider table below presents the individual figures drawn directly from the 2024 Q3 survey data.
Surveyed providers (2024 Q3)
| Provider | Type | Pay-out | Speed (surveyed) | Total cost, $200 | Total cost, $500 |
|---|---|---|---|---|---|
| MoneyGram | MTO | Agent | Next day | -1.48% | -1.48% |
| Walmart2World | Bank | Agent | Less than one hour | -1.48% | -1.48% |
| MoneyGram | MTO | Agent | Next day | 1.52% | 1.52% |
| MoneyGram | MTO | Internet | Next day | 1.71% | 1.71% |
| WorldRemit | MTO | Internet | Less than one hour | 2.53% | -0.23% |
| Ria | MTO | Internet | Less than one hour | 3.22% | 2.22% |
| Ria | MTO | Internet | 3-5 days | 3.22% | 2.02% |
| WorldRemit | MTO | Internet | Less than one hour | 3.53% | 0.77% |
| Ria | MTO | Internet | Less than one hour | 4.22% | 2.42% |
| MoneyGram | MTO | Internet | Next day | 4.71% | 4.71% |
| Ria | MTO | Agent | Less than one hour | 4.72% | — |
| Walmart2World | Bank | Internet | Less than one hour | 4.88% | 4.28% |
| MoneyGram | MTO | Internet | Less than one hour | 5.25% | 4.05% |
| MoneyGram | MTO | Agent | Next day | 5.67% | 4.57% |
Total cost = transfer fee + exchange-rate margin, as a percent of the amount sent, at the two surveyed send amounts ($200 / $500). Surveyed prices, not live quotes.
Estimate your transfer cost →Source: The World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org (CC BY 4.0). Figures are from the 2024 Q3 survey — surveyed prices, not live quotes.