Today’s digital transactions make sending money to Ghana simple. My guide highlights AirtelTigo Money as a top choice for this. It’s quick and safe. While using this service, I note the 1% E-Levy on transfers in Ghana1. The Ghana Revenue Authority handles this tax, with AirtelTigo and others charging it1.
I explore which transfers the E-Levy applies to in my guide. It covers wallet and bank-to-mobile transactions. This helps plan cost-effective transfers1. Certain transfers, like daily amounts up to GHS 100, are not taxed. This makes AirtelTigo Money an affordable choice for many transactions1.
Understanding AirtelTigo Money Services for Ghana Money Transfers
Considering mobile money for transfers to Ghana is essential. AirtelTigo Money offers a secure, convenient way to send funds. In 2020, figures from the Bank of Ghana highlighted a significant uptake: 14.7 million active mobile money accounts. This shows how popular it has become2. AirtelTigo’s wide network, with over 400 retail outlets and more than 2000 network locations, ensures a robust infrastructure for online money transfers2.
Mobile money has greatly improved financial inclusion in Ghana. By 2021, 87% of adults were using it, which is more than those with bank accounts. The user base grew to around 18 million. This shows a strong preference for mobile money3. Mobile accounts have opened up financial services to remote areas, significantly upping financial inclusion since 20103.
AirtelTigo Money attracts users with no fee for sending money. Customers can send up to GHS 100 to all networks for free2. Also, mobile money’s ability to work across different services grew by 358% in early 2020. This makes financial transactions more efficient and connected2.
International platforms like Remitly and WorldRemit are key for sending money to AirtelTigo accounts from abroad. Just pick AirtelTigo for your transfer. You get competitive rates and stick to the platforms’ limits
- Remitly: USD 2,999 limit within 24 hours
- WorldRemit: GHS 2,400 limit
| Service | Transfer Limit | Benefits |
|---|---|---|
| Remitly | USD 2,999 / 24 hrs | High transfer limit, fast service |
| WorldRemit | GHS 2,400 | Favorable exchange rates, global reach |
| AirtelTigo Money | Up to GHS 100 (zero-charges) | No cost transfers, straightforward registration via WhatsApp |
For new users, AirtelTigo Money allows easy sign-up through WhatsApp. This highlights its commitment to a user-friendly service2.
Knowing about AirtelTigo Money and mobile money’s impact in Ghana helps people and businesses. It ensures decisions about transferring money are secure, fair, and beneficial for everyone.
Guide to send money to Ghana via Airteltigo Money
Sending money to Ghana is easy and efficient when you use AirtelTigo Money4. Digital services like Remitly, WorldRemit, Western Union, and MoneyGram help people send money to Ghana without hassle4.
To start, I choose a service that works with AirtelTigo Money, sign up, and pick AirtelTigo for delivery. I enter the recipient’s mobile account details next4. The AirtelTigo Money platform is popular in Ghana for easy and cheap cashless payments4.
Looking at costs, Remitly offers an average cost of -0.45%, while WorldRemit, Western Union, and MoneyGram have costs of about 4%, 8.4%, and 2.6% respectively4. I use Monito to compare providers and pick the cheapest option4.
To help you further, here’s a table that shows the transfer limits and costs for each service. This information helps manage your money transfers to Ghana effectively:
| Service | Transfer Limits to AirtelTigo Money | Average Cost |
|---|---|---|
| Remitly | USD 2,999/24h, USD 10,000/30 days, USD 18,000/180 days | -0.45% |
| WorldRemit | GHS 2,400 (approx. USD 150) | 4% |
| Western Union | Approx. USD 2,000 | 8.4% |
| MoneyGram | No specified limit | 2.6% |
The E-Levy is a 1% charge on electronic transfers in Ghana1. Not all transfers get charged, like those under GHS 100 per day by one person, or between one’s accounts1. Banks and mobile money services, watched by the Ghana Revenue Authority, follow these rules1.
Knowing about service costs, limits, and the E-Levy is key to smart money transfers to Ghana. Using up-to-date online services or traditional methods, being informed makes transactions smooth and clear. I’m here to help you every step of the way.
Step-by-Step Tutorial: Transferring Funds Securely with AirtelTigo Money
When I wanted to send money to Ghana, I looked for a good digital service. AirtelTigo Money stood out because it lets people send cash fast, unlike banks5. I picked a service that was quick and safe after seeing many.
I then followed easy steps to make the transfer. First, I signed up and connected my bank account6. I picked AirtelTigo and used the *110# USSD code for a smooth process6. It was key to put in the right payment info for an easy transaction6.
After paying, I watched the transfer’s progress on the platform, getting updates often6. The platform confirmed my payment was sent right6. They even told me when it was done, which kept me in the loop the whole time6.
Source Links
- https://gra.gov.gh/elevy-faq/
- https://www.worldremit.com/en/blog/finance/mobile-money-ghana
- https://finmark.org.za/knowledge-hub/blog/could-this-be-deja-vu-or-is-ghana-carving-its-own-path?entity=blog&offset=2
- https://www.monito.com/en/wiki/send-money-to-ghana-via-airteltigo-money
- https://boaghana.com/services/transfer-channels/
- https://docs.fincra.com/docs/mobile-money-api
