In this article, you'll discover if Remitly works in Ghana, explore some potential drawbacks if it is available, and consider the possibilities and features of using Remitly for money transfers.
Does Remitly Work In Ghana?
Remitly operates in Ghana, allowing users to send money from various countries to recipients in Ghana. The service offers multiple delivery methods, including cash pickup, bank deposits, mobile money transfers, and debit card deposits. This flexibility ensures that recipients can access their funds in a manner that suits their needs.
Users can benefit from Remitly's secure and reliable service, which promises on-time delivery or a refund of fees. The platform partners with several financial institutions and mobile money providers in Ghana, enhancing its reach and convenience. New customers can also take advantage of promotional offers, such as no fees on their first transfer.
Fees and Charges for Using Remitly in Ghana
Here are some general costs that users might encounter when using Remitly in Ghana:
- Transaction Fees: These are the fees charged for sending money. While new customers may enjoy no fees on their first transfer, existing customers might incur a fee based on the amount sent and the delivery method chosen.
- Currency Conversion Fees: When converting from one currency to another, a fee may be applied. This fee is often embedded in the exchange rate offered by Remitly.
- Withdrawal Fees: Recipients in Ghana might face fees when withdrawing money from certain banks or mobile money providers. These fees can vary depending on the institution.
Is Remitly the Best Option in Ghana?
Even though Remitly is available in Ghana, it might not be the best option for all users due to certain limitations and restrictions that could affect the overall user experience.
- Promotional rates are limited: Special exchange rates apply only to the first $500 sent.
- Fees for existing customers: After the first transfer, users may incur transaction fees.
- Withdrawal fees: Recipients might face fees when withdrawing money from certain banks or providers.
- Currency conversion costs: Fees are often embedded in the exchange rate offered by Remitly.
- Account creation required: Users must create an account and provide detailed recipient information.
Alternatives to Remitly in Ghana
1) OneSafe
OneSafe is a leading alternative payment solution in Ghana, offering ease of use, lower fees, and superior customer support. With features like simple onboarding, global payments, and multi-currency support, OneSafe ensures a seamless and cost-effective experience for users, making it a superior option for financial transactions.
OneSafe Reviews
OneSafe has received positive feedback from users who appreciate its comprehensive features, including ACH, Crypto, Wire deposits, and virtual cards. Users have praised the platform for its support for most businesses, making it a reliable choice for financial transactions.
2) Wise
Wise offers a multi-currency account, enabling users in Ghana to manage money in over 40 currencies. Key features include low-cost international transfers, transparent exchange rates, and a Wise debit card for global spending. Benefits include cost savings, speed, and robust security measures, making it a reliable payment solution.
Wise Reviews
Wise has an overall rating of 4.7 out of 5 based on 86 reviews. Users have reported issues with money transfers being returned without notification and challenges with document approval by the support team. Check out more Wise reviews here.
3) ExpressPay
ExpressPay is a versatile payment solution in Ghana, offering features like API integration, QR code payments, bill payments, and POS devices. It supports mobile money, card payments, and USSD, ensuring convenience and security for users. ExpressPay simplifies financial transactions, making it a reliable option for both individuals and businesses.
ExpressPay Reviews
ExpressPay has an overall rating of 3.9 out of 5 based on 6 reviews. Users generally mention a lack of innovation, poor employee morale, and long hours. Check out more ExpressPay reviews here.
Frequently Asked Questions about Remitly in Ghana
How long does it take for money to arrive in Ghana using Remitly?
Transfers can take minutes to a few hours, depending on the delivery method chosen.
What are the available delivery methods for Remitly in Ghana?
Remitly offers cash pickup, bank deposits, mobile money transfers, and debit card deposits.
Are there any fees for the first transfer with Remitly?
New customers can enjoy no fees on their first transfer with Remitly.
Can I track my transfer with Remitly?
Yes, Remitly provides real-time tracking for all transfers, ensuring transparency and peace of mind.
What information do I need to send money to Ghana with Remitly?
You need the recipient's full name, address, and bank or mobile money account details.
Begin Your Journey with OneSafe Today!
Choosing the right payment solution in Ghana is crucial for seamless financial transactions. While Remitly offers various services, exploring alternatives like OneSafe can provide better features and lower fees. OneSafe stands out with its ease of use and comprehensive support. Sign up today to experience the benefits.
