Question 1

What's the best way to do Spain to Ghana money transfers?

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 Spain to Ghana. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Euro to GHS.

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 EUR to GHS in Ghana. 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 Ghana from Spain. We provide you with maximum choices to send money to Ghana 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 Ghana from Spain?

Accepted Answer

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Ghana from Spain. 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 EUR to Ghana Cedi 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 Spain to Ghana corridor to give you more good choices for your next GHS money transfer. This way you do not miss out on additional options to potentially save more.

Question 3

What's the cheapest way to transfer money from Spain to Ghana?

Accepted Answer

The final amount your recipient gets when you send EUR to GHS is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Spain to Ghana used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Ghana Cedi is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Euro to Ghana exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.

Question 4

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

Accepted Answer

Bank transfers have been a traditionally popular way to send money overseas from Spain to Ghana. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the EUR to GHS exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Spain bank for your Ghana money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.

Question 5

How to send money to Ghana from Spain fast?

Accepted Answer

If you need to convert EUR to GHS as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Spain to Ghana could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Euro to Ghana Cedi funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Ghana.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Spain to Ghana. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.

Question 6

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

Accepted Answer

Since the Euro to Ghana Cedi 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 Spain that may also be able to send money to Ghana. 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 EUR to GHS money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Ghana gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Spain to Ghana transaction.

Question 7

Step by step guide to transfer money to Ghana from Spain

Accepted Answer

There are many important aspects of Spain to Ghana remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Spain bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include GHS bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
Step 4 - Provision recipient details including name and address.
Step 5 - Decide how much Euro amount you want to send from Spain.
Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Ghana to validate that they get the money once the transaction clears.

1 EUR	12.59 GHS
5 EUR	62.95 GHS
10 EUR	125.90 GHS
25 EUR	314.74 GHS
50 EUR	629.48 GHS
100 EUR	1,258.96 GHS
150 EUR	1,888.44 GHS
200 EUR	2,517.92 GHS
250 EUR	3,147.40 GHS
300 EUR	3,776.88 GHS
400 EUR	5,035.84 GHS
500 EUR	6,294.80 GHS
600 EUR	7,553.76 GHS
700 EUR	8,812.72 GHS
800 EUR	10,071.68 GHS
1000 EUR	12,589.60 GHS
1500 EUR	18,884.40 GHS
2000 EUR	25,179.20 GHS
2500 EUR	31,474.00 GHS
3000 EUR	37,768.80 GHS
4000 EUR	50,358.40 GHS
5000 EUR	62,948.00 GHS
10000 EUR	125,896.00 GHS
15000 EUR	188,844.00 GHS
20000 EUR	251,792.00 GHS
30000 EUR	377,688.00 GHS
40000 EUR	503,584.00 GHS
50000 EUR	629,480.00 GHS
100000 EUR	1,258,960.00 GHS

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