How to send money to Ghana in 2026: currency by bank transfer, cedis to a wallet and the Bank of Ghana rate
Money goes to Ghana in two ways: a bank transfer from abroad is credited to the recipient in currency in 1-3 business days, while a money transfer company puts the sum in cedis on an account or mobile wallet within 24 hours. There has been no tax on electronic transfers since April 2025.
In short
- Bank of Ghana rate on 7 October 2026: 11.83 cedis per dollar.
- A transfer from a bank abroad to a bank in Ghana is credited in currency.
- Money transfer companies credit cedis to an account or wallet within 24 hours.
- The tax on electronic transfers was abolished on 2 April 2025.
In detail
Money is sent to Ghana in two ways: a transfer from a bank abroad to a bank in Ghana is credited to the recipient in currency, while money transfer companies credit the sum in cedis to an account or mobile wallet within 24 hours. Inside the country payments are made only in cedis: on 7 October 2026 the Bank of Ghana gave 11.83 cedis per dollar. The tax on electronic transfers was abolished in April 2025.
| Method | On 8 October 2026 | Currency credited | Time | What you need |
|---|---|---|---|---|
| Transfer from a bank abroad to a bank in Ghana | works | the transfer currency | 1-3 business days | account number, bank, name |
| Money transfer company to an account or wallet | works | cedis | up to 24 hours | name, account or wallet number, address or Ghana Card number |
| Paying for study, rent and services in Ghana | only in cedis | cedis | under the contract | the recipient's account or contract |
Bank of Ghana rate on 7 October 2026: 11.83 cedis per dollar. Table checked against Bank of Ghana rules on 8 October 2026, dollars rounded up.
Cedis inside the country, currency on a bank transfer: two paths for money to Ghana
In Ghana the cedi is the only legal tender: under a 2019 Bank of Ghana directive, prices and payments inside the country are only in cedis. So the recipient keeps currency on an account and changes it into cedis for payments.
Bank of Ghana rules separate two paths. A transfer from a bank abroad to a bank in Ghana is credited to the recipient in currency, under the March 2026 rules. A transfer through a money transfer company, under the November 2023 rules as amended in 2025, is credited by the bank or mobile money operator in cedis to an account or wallet within 24 hours. The cedi rate in early October 2026:
| Date | Cedis per dollar |
|---|---|
| 1 October 2026 | 11.72 |
| 6 October 2026 | 11.80 |
| 7 October 2026 | 11.83 |
| 8 October 2026 | 11.78 |
Bank of Ghana interbank market rates on these dates. At the rate of 7 October 2026, $1,000 gives 11,830 cedis and $10,000 gives 118,300 cedis.
Life in the capital is described in the Accra guide.
Does the recipient need the sum in currency rather than cedis? A manager will choose a bank route from your country to an account in Ghana.
Mobile money in Ghana: wallet, bank and the end of the transfer tax
Mobile wallets in Ghana work with each other and with banks: the first stage of their interoperability began in May 2018, the second on 28 November 2018. Money moves from wallet to wallet across operators, from a bank account to a wallet and back.
The tax on electronic transfers, which was also charged on payments from wallets, has been abolished: the president signed the repeal law on 2 April 2025. A sum from abroad credited to a wallet in cedis is spent and passed on without this tax.
For a transfer to a wallet the recipient gives the wallet number and their name as recorded by the operator, and for a transfer through a money transfer company also their address or Ghana Card number.
We will help you send money to Ghana
Mistakes cost more than fees: a transfer sent through a money transfer company so the recipient saw cedis instead of the currency needed, a wallet name that differs from the operator's record, no Ghana Card number, a bank in Ghana with no papers on the origin of the money. We will help you avoid them: we choose a legal transfer route from your country, prepare source-of-funds documents for the bank in Ghana and carry out the transfer through licensed partners until the money is credited.
Details and cost are with a manager in the chat: the calculation depends on the amount, the sending country and the purpose of the transfer.
Sending $10,000 or more to Ghana: what papers a bank in Accra needs
A bank in Ghana asks about the money in more detail the larger the sum. In 2026:
| Amount | The Ghanaian bank's question | Documents |
|---|---|---|
| Up to $10,000 | who the recipient is | account or wallet number, name |
| $10,000-100,000 | what the money is for and where it comes from | a contract or invoice, 6 months of statements |
| From $100,000 | the full path of the money | a construction or purchase contract, an income tax return, statements |
How to prove the origin of money is covered in proof of source of funds, sending large sums abroad and moving home sale proceeds abroad.
Building a house in Accra or investing $100,000 or more in a business in Ghana? A specialist will gather source-of-funds documents for the bank in Ghana and carry out the transfer through licensed partners until the money is credited; options for moving capital are on the capital relocation page.
From Accra abroad: study, family and work
From Ghana money most often goes for children's study and to relatives abroad:
- United Kingdom - bringing in your own money is not taxed
- USA - deposits insured up to $250,000
- Canada - Canadian dollars to your own account
- Germany - an instant euro transfer, the bank checks the recipient's name
Sending money to nearby countries
- Nigeria - a 10-digit account number
- Senegal - the CFA franc pegged to the euro
- Côte d'Ivoire - the union's instant payments
- Togo - a non-resident account in Lomé
- São Tomé and Príncipe - the dobra at 24.5 per euro
- Liberia - a neighbour to the west where the US dollar is in use
All ways to move capital are on the capital relocation page.
FAQ
Can a transfer be received in dollars in Ghana?
How many cedis do you get for a dollar in October 2026?
Is tax charged on a transfer to a mobile wallet in Ghana?
Can money from abroad be sent straight to a mobile wallet in Ghana?
We will suggest the best way to send your money
We will choose a transfer method for your amount and country, prepare the documents on the origin of the money for the bank, make the transfer through licensed partners and follow it until the money is credited. Ask your question in the chat - the manager will suggest the best terms and the cost. The legal side with banks and government bodies is handled by Murblz specialists and locally licensed partners.
Details and cost are with the manager in the chat. Describe your situation and we will reply right away.
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