Compare Money Transfers.
If you are looking to send money to Ghana and you want to save money on it, we got one advice – never use your bank to transfer money abroad. Why? Because they charge too much for a service that can also be provided by various money transfer service providers. Today, the technology has changed so money transfer providers can provide better speed and efficiency as bank transfers – for a fraction of the cost. Finding the right transfer service to use is a tricky thing though – and this is where CompareTransfer comes in. At CompareTransfer, we help you save as much as 90% on money transfer fees. By filtering the different money transfer services and providing the results all in one place, you can choose the service that suits your budget and needs.
Did you know that most money transfer providers have a “hidden transfer cost”? It makes the cost of sending money abroad a bit more expensive - and this hidden transfer cost is often cloaked under the term called “custom exchange rates.” When a money transfer provider has little, or FREE, ground transfer fees, they make up for it by using a custom exchange rate that is up to 10% worse than the mid-market price. That means that for every $1000 that you send, you are losing up to $100 just from transfer fees alone. CompareTransfer helps mitigate this problem by comparing and calculating all the costs of money transfer providers in your area. By showing you the cheapest providers after comparing the ground transfer rates and custom exchange rates, you can choose the one that will save you the most money.