Question 1

What's the best way to transfer money from Ghana to Portugal?

Accepted Answer

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Ghana to Portugal. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Ghana Cedi to EUR.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send GHS to EUR in Portugal. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Portugal from Ghana. We provide you with maximum choices to send money to Portugal by comparing competing money transfer companies thereby making you the winner in the end.

Question 2

How to get the best rate to transfer money to Portugal from Ghana?

Accepted Answer

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Portugal from Ghana. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your GHS to Euro money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Ghana to Portugal corridor to give you more good choices for your next EUR money transfer. This way you do not miss out on additional options to potentially save more.

Question 3

What's the cheapest way to send money to Portugal from Ghana?

Accepted Answer

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Ghana to Portugal via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Ghana Cedi to Euro remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Ghana to Portugal exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for GHS to EUR remittances.

Question 4

Should I use my bank to transfer money from Ghana to Portugal?

Accepted Answer

We do not recommend using your local bank in Ghana for your next GHS to EUR overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Ghana to Portugal (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending EUR to Portugal. These companies will let you use your local bank account in Ghana to pay for your Portugal money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.

Question 5

How to send money from Ghana to Portugal fast?

Accepted Answer

The speed of your Ghana Cedi to Euro funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert GHS to EUR. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Portugal from Ghana is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Portugal if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout EUR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Ghana bank to Portugal bank transfer.

Question 6

Which are the best money transfer companies to transfer money from Ghana to Portugal?

Accepted Answer

Since the Ghana Cedi to Euro money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Ghana that may also be able to send money to Portugal. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your GHS to EUR money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Portugal gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Ghana to Portugal transaction.

Question 7

Step by step guide to transfer money to Portugal from Ghana

Accepted Answer

With so many possible ways to transfer Ghana Cedi to Euro, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Ghana to Portugal remittance transaction, you can follow the below step by step procedure.

Create an account at your chosen operator.
You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
Add bank accounts for both the sender in Ghana and the receiver in Portugal. Using bank deposits can be the cheapest option to send money.
Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
At this point, you are pretty much done, and the operator will take it on from here.
Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your GHS to Euro money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.

1 GHS	0.08 EUR
5 GHS	0.40 EUR
10 GHS	0.79 EUR
25 GHS	1.98 EUR
50 GHS	3.97 EUR
100 GHS	7.93 EUR
150 GHS	11.90 EUR
200 GHS	15.86 EUR
250 GHS	19.83 EUR
300 GHS	23.79 EUR
400 GHS	31.72 EUR
500 GHS	39.65 EUR
600 GHS	47.58 EUR
700 GHS	55.51 EUR
800 GHS	63.44 EUR
1000 GHS	79.30 EUR
1500 GHS	118.95 EUR
2000 GHS	158.60 EUR
2500 GHS	198.25 EUR
3000 GHS	237.90 EUR
4000 GHS	317.20 EUR
5000 GHS	396.50 EUR
10000 GHS	793.00 EUR
15000 GHS	1,189.50 EUR
20000 GHS	1,586.00 EUR
30000 GHS	2,379.00 EUR
40000 GHS	3,172.00 EUR
50000 GHS	3,965.00 EUR
100000 GHS	7,930.00 EUR

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