Send Money From Nigeria to Ghana and Other African Countries

With over 1.4 billion people spread across 54 countries in Africa, cross-border economic activity is not only common, it’s essential. Every day, individuals and businesses send money across African borders for reasons ranging from family support and education to trade and investment.

However, despite the continent’s remarkable progress in digital innovation and mobile connectivity, sending money from one African country to another remains surprisingly difficult. Long processing times, excessive fees, poor exchange rates, and unreliable intermediaries continue to frustrate users who simply want to move funds quickly and safely. Sending money from Nigeria to Ghana or to other African countries like Kenya, Uganda, Rwanda, etc, faces similar issues when trying to move funds between borders. Intra-African remittances remain among the most expensive in the world. This is what Bitnob solves. 

This article explores how Bitnob is making it easy to send money from Nigeria to Ghana and other African countries. It explains how it’s faster, cheaper, and with more control than ever before.

The Problem With Traditional Cross-Border Payment

While the demand for sending money across African countries continues to grow, so has the difficulty in making these transfers. As a result, users often face numerous challenges that make the process not only frustrating but also unnecessarily expensive and time-consuming. Let’s discuss some of these issues….

High Transaction Fees

One of the most glaring problems with traditional cross-border payments is the cost. In fact, Africa has some of the highest remittance fees in the world, according to the World Bank. When sending money from one African country to another, users often pay anywhere from 8% to 15% in fees, which is significantly higher than the global average. For people sending money regularly, these fees can add up quickly and eat into the value being transferred.

Slow Processing Time

Traditional banks and money transfer services often rely on multiple intermediaries before making cross-border payments. This means a single transaction may have to pass through several banks and settlement systems before reaching its destination. As a result, it can take two to five business days or more for funds to reach the recipient. 

Regulatory Hassles and Currency Controls

In some African countries, governments impose strict capital controls and currency exchange regulations. These rules often require users to go through centralized systems or foreign exchange bureaus, which slows down transactions and increases costs.

In Nigeria, for instance, accessing foreign currency (USD) through official banking channels can be challenging, leading many to rely on black markets with unfavorable rates. This creates uncertainty and makes cross-border payments less predictable.

Lack of Security and Transparency

Traditional remittance channels often lack transparency and consumer protection. Senders might not get a clear breakdown of fees, while recipients may face unexpected deductions on their end. In some cases, funds are delayed or even lost without any real accountability.

Furthermore, fraud and scams are common in informal money transfer setups, where users are left vulnerable to dishonest or fake agents.

Bitnob: Making Cross-Border Payments Easy

Bitnob has made cross-border payments easy by removing the barriers that complicate the transfers. With the Bitnob App, you can easily send and receive money from Nigeria to Ghana or other African countries right on the App. Here’s how Bitnob makes it easy…

1. Instant Transfers

2. Zero Fees

3. Highly Convenient

4. Enhanced Security

5. Global/Wider Reach

How to Send Money From Nigeria to Ghana and Other African Countries

• Tap on the “Transfer” button on the Quick Links section of the homepage
• Tap on “Transfer to Bank or Momo.”
• Tap on “Change currency” to select Ghana or the African country of the account/mobile money wallet you want to transfer money to
• Fill out the amount you’d like to transfer, then tap on “Continue.”
• Select the account or mobile money provider and fill out the details of the account you want to send money to. If this person is someone you intend to send money to often, then tap on “Save as beneficiary” to make the person a beneficiary. 
• Tap on “Proceed to Transaction Note” to add a note on the transaction
• Review the transaction summary and then tap on “Proceed” to initiate payment to the account or mobile money wallet. 

Bitnob: The Best App to Send Money to African Countries

With a focus on low-cost, fast, and safe cross-border transfers, zero-fee transfers, and easy-to-use features, Bitnob is transforming the way people across African Countries send and receive money. Whether you're sending money to a loved one, buying goods from a supplier as a business owner, or paying for education, Bitnob is the best app to send money from Nigeria to Ghana or other African countries. To get started, download the Bitnob app and activate your account.