How to send money to Ghana from South Africa with the best ZAR-GHS rate

Comparing providers offering services between South Africa and Ghana, based on your specific needs is the best way to send money with confidence.

Right now, for ZAR/GHS

• WorldRemit is our top choice for ZAR to GHS transfers. Sending 4,300 ZAR to GHS will cost you R0 in fees, and you will receive 2,937.16 GHS. The delivery time usually is minutes - 2 days, but it depends on the day you make the transfer.

• WorldRemit offers the lowest cost transfers of the 5 compared. Data collected for transfers between South Africa and Ghana over the past week shows that WorldRemit is 0.04% cheaper than the second-best option.

• Of 5 companies compared, Pesa offers the quickest way to send Rands to Ghana is with minutes - 24 hours. When speed matters, Pesa is our recommended choice for sending into Ghana from South Africa.

Our comparison includes 5 companies that provide the ability to send Rand to Ghana.

This ensures you get the best options for transfers to Ghana from South Africa, based on the amount you want to send.

The exchange rate determines the price you’ll pay for Ghan Cedi when sending Rand to Ghana.

The rate between the Rand and Ghan Cedi is currently 0.6794.

The total cost of money transfers from South Africa to Ghana is a combination of fees and exchange rates. Get the best of both, and you will be getting a good deal.

• The Mid-Market and Exchange Rates: The mid-market rate for ZAR-GHS is currently 0.6794 GHS per Rand. Providers offering services closer to this rate will ensure more Ghan Cedi for your Rands.

• Fees: Transfer fees are charged alongside a transfer. The company offering the lowest fee is WorldRemit, charging 0 ZAR per transfer. In all cases, we recommend searching for your exact send amount as fees may change.

• Amount Received: Money transfer companies will show you the amount eventually received in Ghan Cedi. Simply, the higher the amount received in South Africa, the lower the cost of sending from Ghana.

Sometimes, waiting a day or two can help you get more GHS for the same amount of Rand. Using a forward contract that also allows you to lock in an agreed exchange rate between South Africa and Ghana.

Sending money via a bank transfer is the recommended option for sending money from South Africa to Ghana.

Here are all the ways to send money from South Africa to Ghana:

Bank transfers

Paying via a bank transfer is often the better option for sending money from South Africa to Ghana.

By using a money transfer company such as WorldRemit for transfers from South Africa to Ghana, you can send money and while benefit from lower fees and more favorable exchange rates than you would get with a traditional bank. 


Debit and prepaid cards

Sending money from South Africa to Ghana with a debit or a prepaid card is easy with Western Union Agent.


Western Union Agent is a one of the better options in the market for international debit card transfers from South Africa to Ghana.

Credit cards

Not many money transfer companies offer direct credit card deposits, because it is more expensive for everyone (especially with high cash advance fees).

We recommend using a bank transfer or a debit card transfer if you can; otherwise, make a quick comparison to find the latest deal.

Some services between South Africa and Ghana have minimum or maximum thresholds on how much you can transfer. This is applies when receiving money in Ghana as well.

Companies will offer different rates and fees for different transfer amounts. For regular transfers to Ghana, use WorldRemit. The combination of rates and fees when sending from South Africa to Ghana is the most competitive, even at larger amounts.

Also, always check with the recipient and understand any declarations needed on large amounts of money leaving South Africa, or entering Ghana. Mis-understanding these could result in a slower, or even failed, transfer.

There are different ways to receive Ghan Cedi in Ghana. This includes a direct bank deposit, cash pickup, a mobile wallet or receiving money into a multi-currency account.

Not all providers serving transfers from South Africa to Ghana will offer every method for incoming Ghan Cedi, so it’s best to check ahead of time.

One of the more common ways to transfer from South Africa into Ghan Cedi is directly into a bank account. WorldRemit is the best company for bank transfers between South Africa and Ghana.

And if you need cash right away, check if cash pickup is an option for transfers between South Africa and Ghana.

Mobile wallet services and payment apps like PayPal, Xoom, and CashApp are popular too, but they come with more limitations and higher costs compared to money transfer providers like WorldRemit.

When signing up to and sending Rand to Ghana, through a money transfer company, you will have to verify your ID.

The precise documents you need will vary and in some cases you will need more than one.

For the most part however, in South Africa this will be a government issued ID such as a passport or driver's license. In Ghana it will be similar, although this should only be needed if you are opening a new account in Ghana, or collecting in cash. Sending to an existing bank account in Ghana shouldn’t require any additional ID checks.

Large transactions between South Africa and Ghana, are subject to additional checks. A provider may ask you for proof of address or may want to carry out a proof of funds check.

One of the reasons WorldRemit has scored so highly for transfers to Ghana is their easy sign up process in South Africa.

When sending large amounts of money between South Africa and Ghana there will potentially be a tax declaration to consider.

Some transfers into Ghan Cedi may need to be reported to tax authorities in Ghana, particularly where inheritance or property purchases are involved.

Tax limits and personal allowances will change in Ghana based on age, income and a few other elements. When in doubt, please contact a tax professional in South Africa or Ghana to discuss your personal circumstances.