How to Send Money from Ghana to Nigeria

Sending money from one country to another can be difficult at times, particularly when dealing with multiple currencies and financial systems. This is frequently the case while moving money from Ghana to Nigeria, due to the two nations' distinct banking regulations and restrictions.  
 

Despite the challenges, sending money from Ghana to Nigeria can be a straightforward process if you know the proper steps to take. In one of our previous articles, we already discussed a step-by-step guide on how to send money from Nigeria to Ghana. Let’s have it the other way in this article. Shall we?

A report gathered by the Guardian states that Ghana is positioned as one of the highest recipients of remittance inflows in Africa–setting the remittance growth up for $4.5 billion this year.  Yet, there is still a common adverse effect of sending money from Ghana to Nigeria, which is the high cost of transaction fees. Many financial institutions charge exorbitant fees for transferring money between these two countries. Hence, eating into the recipients’ hard-earned money.  

To address this problem, one solution is to explore alternative options, such as using digital payment platforms like Bitnob. Bitnob offers lower transaction fees and quicker processing times, making it a more affordable and convenient option for individuals sending money from Ghana to Nigeria.

Reasons Why You Should Send Money from Ghana to Nigeria with Bitnob

You may be wondering why our solution differs from others you've used or heard about prior to reading this article. Here are three reasons to use Bitnob to send money from Ghana to Nigeria:

Lower transfer fees

According to the conventional solutions we were given, we would be charged a substantial percentage of the money [8.46%]. The transfer rate when using Bitnob to transmit money across Africa is only 1% which is unbelievably cheaper than the former.

Fast transactions

People often have to wait hours or even days to receive money sent from one African country to another, but on Bitnob transfers go through in minutes.

No Hidden Charges

We've all had situations where the money being sent is reduced as the receiver receives it. This is not the case with Bitnob; the recipient receives the exact amount sent

How to Send Money from Ghana to Nigeria with Bitnob

Bitnob allows money transfers in Ghana, Nigeria, and 6 other African countries –simplifying sending money from Ghana to Nigeria for you. You need to first download Bitnob, create an account, get verified, and fund the account. Then you can proceed to take these steps below;   
 

• Log in to your Bitnob app and Tap on the “Transfer” button on the Quick Links section of the homepage

• Tap on “Transfer to Bank or Momo”

• Tap on “Change currency” and select Nigerian Naira

• Fill out the amount you’d like to transfer, then tap on “Continue”

• Select the bank and fill out the details of the local bank account of the recipient. If this person is someone you intend to send money to often, then tap on “Save as beneficiary” to make make the person a beneficiary. 

• Tap on “Proceed to Transaction Note” to add a note.

• Review the transaction summary and then tap on “Proceed” to initiate payment to the local bank account.

Voila! You’ve successfully sent money to someone in Nigeria using the Bitnob app. Sending money has never been this easy and seamless! 

Bitnob for Personal and Commercial Purposes

Bitnob offers a reliable and convenient solution for sending and receiving funds within Africa. Whether you need to pay bills, make purchases, or send money to family or business partners, we offer a secure and cost-effective way to do so. 

Apart from making intra-Africa direct money transfers, you can also experience, seamless online payments with the Bitnob virtual dollar card –You will not be charged to create or maintain your card, and you can spend up to $10,000 on your card monthly. Sounds like it’s worth trying? Download Bitnob to get started.