SEND MONEY AFRICA

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Sending money from GHANA to NIGERIA

Data collected on: Jun 28, 2018

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Firm
Product
Fee
Exchange Rate Margin (%)
Total Cost Percent (%)
Total Cost (GHS)Total Cost (USD)
Amount Received
Transfer Speed
Network Coverage
Firm
This firm is not transparent: the amount to be received in local currency was not quoted. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not known by the sender at the time of sending. ·
United Bank for Africa (UBA)
Product
Fee
17.50
Exchange Rate Margin (%)
0.00
0.00
Total Cost Percent (%)
5.835.83
Total Cost (GHS)Total Cost (USD)
17.49
Amount Received
282.50
Transfer Speed
Network Coverage
Firm
This firm is not transparent: the amount to be received in local currency was not quoted. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not known by the sender at the time of sending. ·
Ecobank RapidCash
Product
Fee
20.00
Exchange Rate Margin (%)
0.00
0.00
Total Cost Percent (%)
6.676.67
Total Cost (GHS)Total Cost (USD)
20.01
Amount Received
280.00
Transfer Speed
Network Coverage
Bank Average
Fee
18.750.00
Exchange Rate Margin (%)
0.000.00
Total Cost Percent (%)
6.256.25
Total Cost (GHS) Total Cost (USD)
18.750.00
Total Average Jun 2018
6.256.25
Total Average Mar 2018
6.256.25
Total Average
Fee
18.750.00
Exchange Rate Margin (%)
0.000.00
Total Cost Percent (%)
6.256.25
Total Cost (GHS) Total Cost (USD)
18.750.00
Total Average in Mar 2018
Fee
18.750.00
Exchange Rate Margin (%)
0.000.00
Total Cost Percent (%)
6.256.25
Total Cost (GHS) Total Cost (USD)
18.750.00
Total Average Jun 2018
6.256.25
Total Average Mar 2018
6.256.25
Non-Transparent records
Bank account Card Cash Mobile On-line Prepaid card
Main city Major cities Nationwide Rural only Urban only
Less than one hour Same day Next day 2 days 3-5 days 6 days or more
Firm
Product
Feesort descending
Exchange Rate Margin (%)
Total Cost Percent (%)
Total Cost (GHS)Total Cost (USD)
Amount Received
Transfer Speed
Network Coverage
Firm
This firm is not transparent: the amount to be received in local currency was not quoted. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not known by the sender at the time of sending. ·
United Bank for Africa (UBA)
Product
Feesort descending
28.00
Exchange Rate Margin (%)
0.00
0.00
Total Cost Percent (%)
3.733.73
Total Cost (GHS)Total Cost (USD)
27.98
Amount Received
722.00
Transfer Speed
Network Coverage
Firm
This firm is not transparent: the amount to be received in local currency was not quoted. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not known by the sender at the time of sending. ·
Ecobank RapidCash
Product
Feesort descending
37.50
Exchange Rate Margin (%)
0.00
0.00
Total Cost Percent (%)
5.005.00
Total Cost (GHS)Total Cost (USD)
37.50
Amount Received
712.50
Transfer Speed
Network Coverage
Bank Average
Fee
32.750.00
Exchange Rate Margin (%)
0.000.00
Total Cost Percent (%)
4.374.37
Total Cost (GHS) Total Cost (USD)
32.740.00
Total Average Jun 2018
4.374.37
Total Average Mar 2018
4.424.42
Total Average
Fee
32.750.00
Exchange Rate Margin (%)
0.000.00
Total Cost Percent (%)
4.374.37
Total Cost (GHS) Total Cost (USD)
32.740.00
Total Average in Mar 2018
Fee
33.130.00
Exchange Rate Margin (%)
0.000.00
Total Cost Percent (%)
4.424.42
Total Cost (GHS) Total Cost (USD)
33.120.00
Total Average Jun 2018
4.374.37
Total Average Mar 2018
4.424.42
Non-Transparent records
Bank account Card Cash Mobile On-line Prepaid card
Main city Major cities Nationwide Rural only Urban only
Less than one hour Same day Next day 2 days 3-5 days 6 days or more
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