Need to send money to Ghana? Thinking about a wire to send the money to Ghana? Before you visit your financial institution to do it, be sure to check the wire transfer fees. It might come as a shock the amount the fees and charges will be and depending on the amount of the wire, it might make more sense to send the money another way.
What can make it even more costly is in addition to your financial institution charging a fee for sending the funds to a bank in Ghana, the recipient getting the transfer will probably also be charged a fee from the bank at their end. One way to minimise the likelihood of this fee is to send the international wire transfer in their local currency.
To initiate a bank wire transfer to Ghana, you will possibly require a SWIFT code. These are different for each bank and are based on things such as the individual banking institution and country.
SWIFT Country Code
Central Bank Name
Bank of Ghana