Located in western Africa, Ghana is a former British colony that is home to nearly 25 million people. Many Americans of African ancestry can trace their roots back to that country and region, creating a unique bond between the two countries. That bond extends to family members and friends, which means that Americans sometimes look to send money to Ghanaians.
One of the easiest ways to send money to someone in Ghana is a bank-to-bank transfer. The holder of a bank account in the United States authorizes his bank to send funds to an account at a bank based in Ghana, such as Barclays Bank, Zenith Bank, Standard Trust Bank and others. Both the people sending and receiving the money pay a fee. Determine fund limits, exchange (completion) times and fees before using this option.
Companies such as Western Union allow Americans to send money to Ghana. These funds can be picked up at an approved agent location. Agent locations include drug stores, travel agencies, grocery stores, airports and other consumer locations. Americans can send money to Ghana in one of three ways when using Western Union: by phone, online or in person. Western Union charges a fee to the sender. Ikobo is another service that works similarly to Western Union, although transactions are authorized online only.
The Internet is rife with scams about sending money abroad. Some people have confused pervasive Nigerian financial scams with sending money to any African country, which has led some to suggest that all transfers of money to Africa is risky.
The U.S. Embassy in Accra, which is Ghana's capital and largest city, has reported what “romance scams.” A person expresses romantic interest in another person and that leads up to a request for money. According to the embassy, “It is very difficult to recover money sent to these scammers as they work from Internet cafes and are entirely portable and elusive.”
If you don't personally know the party in Ghana, then don't send money.