Sending money to Nigeria from Ghana
The World Bank surveyed 3 providers on this corridor. On GH₵300 the cheapest costs 5.39% of what you send and the dearest 12.53%. Enter your own amount below — the ranking changes with it.
Cheapest surveyed
EcoBank Rapid Transfer
GH₵16.17 to send GH₵300
(5.39%)
The dearest would cost you
GH₵21.43
more, for the same transfer
Note: the survey priced this corridor at GH₵300 and GH₵750. Outside that range these figures are projected from each provider's fee and margin rather than directly observed.
Every provider, ranked at GH₵300
The fee and the exchange-rate margin are shown separately on purpose. A transfer advertised as "no fee" can still be the expensive one, because the margin is where the cost hides.
| Provider |
Type |
Fee |
FX margin |
Total cost |
% of transfer |
|
EcoBank Rapid Transfer
Same day |
Bank |
GH₵9.00 |
GH₵7.17 |
GH₵16.17 |
5.39% |
|
UBA Africash
Same day |
Bank |
GH₵25.00 |
GH₵12.60 |
GH₵37.60 |
12.53% |
|
United Bank for Africa (UBA)
Same day |
Bank |
GH₵25.00 |
GH₵12.60 |
GH₵37.60 |
12.53% |
How to read these numbers
The cost of a transfer is the fee plus the margin the provider takes on the exchange rate. The margin is invisible at the counter: you are quoted a rate, not the difference between that rate and the interbank one, so a "free" transfer can quietly cost more than one with a fee attached. Both are separated in the table above.
Percentages fall as the amount rises wherever a provider charges a flat fee, which is why the same provider can be the cheapest at one amount and not at another. That is exactly what the calculator is for — the ranking above is computed at your amount, not at a fixed one.
Source: The World Bank, Remittance Prices Worldwide, available at https://remittanceprices.worldbank.org — survey period 2025 Q1, field-collected to 11 March 2025.
Licensed CC BY 4.0. These are surveyed benchmark costs from a dated quarterly study, not live quotes, and providers change pricing between surveys — check the current cost with the provider before you send. The World Bank does not endorse this use of its data. This is general information, not financial advice.
