Highest remittance rate for converting 1 EUR to GHS = 6.93
Although sending money from Spain to Ghana seems like a simple process, there are some people who have failed several times trying to complete this transfer. That is because, they forget the most important fundamentals of cross boarder money transfer. At Exchange Rate IQ, we help such people to find the best way to send money from Spain to Ghana within the shortest time possible. We save money senders from the burden of having to spend countless hours in the name of researching.
Many people are stuck between options when it comes to sending money from Spain to Ghana because of the many available and confusing options. Thanks to Exchange Rate IQ however, you can quickly select a suitable money transfer service and learn how services like XE Money can make life easier for you.
According to the amount of money that is remitted from Spain to Ghana, it is only safe to say that there are so many people who need the service. The highest number of people who send money from Spain to Ghana are the Ghanaian migrants. These are people who send money back home regularly and according to the figures, the numbers are growing. It is however good to know that money transfer from Spain to Ghana is something that began a long time ago eve before digital money transfer was discovered.
There are three main ways through which you can send money from Spain to Ghana cheaply today and they include;
Bank transfer: for a very long time, banks have been helping people to transfer money from Spain to Ghana. One of the main reasons why banks are still the most reliable money transfer options is because, it is one of the financial institutions that was established decades ago. Additionally, bank records are believed to be more accurate and since two banks will be involved in the process, it is safe to say that it is the most appropriate mode of transfer to go for when making legal transfers like for purchasing property. When using bank transfer to send money from Spain to Ghana, take keen interest in the provided exchange rates.
Online money transfer: this is one of the cheapest ways to send money from Spain to Ghana. Online money transfer is the most used money transfer method between Spain and Ghana for many reasons. First of all, cash apps have taken down the greatest boundary in money transfer and today, you can send money instantly regardless of your location and the location of the sender. One of the main reasons why anyone can fail to successfully send money to Ghana from Spain is failing to do enough research. Note that, there are so many money transfer services around the world but they only serve specific countries. It is therefore advisable that you confirm if your service provider is also available in Ghana. Some of the most popular money transfer service that you can use to transfer money from Spain to Ghana include; Remitly, WorldRemit, Azimo, XendPay, Ria and XE Money.
Cash delivery: If you are familiar with Western Union or MoneyGram then you already have an idea about how cash delivery services can be used to transfer money from Spain to Ghana. According to reports, this is one of the fastest ways to send money from Spain to Ghana and it comes at a slightly high cost compared to online money transfer. Another great benefit that people enjoy with cash delivery services is that it takes a short time to initiate a transfer and the involved party only have to provide their identities.
If you want to send money to Spain from Ghana without facing any problems, you may need to check on the following;
Customer reviews: before agreeing to use a particular money transfer method to send money from Spain to Ghana, it is good to find out what people are saying about the agent. That way, you can be well prepared with facts about the service or know if you should avoid it.
Transfer time: you need to make sure that you can track the status of your transfer properly. The only way to do this is by knowing how long the transfer service should take. That way, you can know when to get in touch with the service provider especially if the money is not available within the required time.
Cost of transfer: without knowing how much a transfer costs, you can be disappointed especially if you were interested in using the fastest way to send money from Spain to Ghana. That is because, these services are slightly expensive and without being properly prepared, you can end up spending more money than you expected.