Is ACE Cheaper Than Banks for Ghana Transfers from Finland?

Sending money back home is one of the most important things Ghanaians living abroad do. For those working hard in Finland and supporting families in Ghana, every euro counts. That’s why choosing the right method to send money from Finland to Ghana is so important.

Many Ghanaians in Finland use ACE Money Transfer for their personal remittances. But is ACE Money Transfer really cheaper than banks for Ghana transfers from Finland in 2025? Let’s break it down.

Why Ghanaians in Finland Send Money Back Home

Over the years, many Ghanaians have moved to Finland for better job opportunities, education, or business. But staying connected to home matters, and so does supporting loved ones. People send money to Ghana from Finland for:

• Monthly family support
• School fees
• Medical emergencies
• Building homes or investing in business

And while it may seem easy to just walk into a bank and send the money, it's not always the smartest or cheapest option.

What Banks Charge for International Transfers

Traditional banks in Finland charge:

• High transfer fees (can be up to €30 per transaction)
• Poor exchange rates (banks usually offer a weaker rate)
• Hidden costs (receiving bank in Ghana may also charge fees)

Also, bank transfers can take 3–5 business days to process. That delay can be a problem if your family needs the money quickly.

Example:

If you send €200 through a bank, you might pay:

• €15 transfer fee
• Get a lower exchange rate
• Additional deduction at the receiver’s end

In the end, your family may get far less than expected.

Why ACE Money Transfer May Be a Better Option

Following are the reasons due to which ACE is a better option than traditional banks.

 Lower Transfer Fees

ACE often charges zero fee on first transacion to low fees (Min €2.99), especially during promotions. Even when fees apply, they are often much cheaper than banks.

Better Exchange Rates

ACE offers competitive exchange rates closer to the real market rate. This means more Ghanaian cedis reach your family.

Fast Delivery

Many transfers are processed within same day. This is ideal for urgent needs.

Secure and Regulated

ACE is a licensed money transfer service in both Europe and Ghana. Your funds are safe, and you can track transfers through the app or website. 

Easy to Use

You can use ACE on your smartphone or computer anytime. No need to visit a bank or fill out complicated paperwork.

A General Transfer Fee Comparison 

Let’s compare trasnfer fee from Finland to Ghana:

Note: Rates may vary daily. Always check live rates.

Hidden Benefits of Using ACE

Following are the latent benefits of using ACE Money Transfer

• Cash Pickup & Mobile Wallets, your family can receive money in various ways (bank deposit, cash pickup, mobile money).
• Track Every Transfer, you get updates and receipts immediately.
• 24/7 Support, chat and call support if you need help.

And if your family prefers mobile money, ACE supports services like MTN Mobile Money and AirtelTigo in Ghana.

What Do Other Users Say?

ACE is rated 4.7 on Trustpilot, based on 136,000+ reviews. Many reviews mention how affordable and fast the service is.

Internal Tips for Saving More

Here are the tips for saving more money when using ACE.

Check for Promotions 

ACE often runs special offers for new users or festive seasons.

Check for Referral Codes 

Get connected to ACE and earn rewards or discounts.

Send Larger Amounts Less Often

To save on fees, combine transfers when possible.

Set Rate Alerts

 Watch exchange rates and send money when they’re high.

How to Send Money with ACE from Finland

1. Sign Up at ACE Money Transfer
2. Select Ghana as your receiving country
3. Enter amount and choose payment method
4. Add receiver details
5. Pay and confirm

That’s it. You’ll get a confirmation and your family will receive the funds shortly.

Be smart while sending money!

Is ACE cheaper than banks for Ghana transfers from Finland? In most cases, yes, by a noticeable margin. With lower fees, better exchange rates, faster delivery, and great support, it’s no surprise that more Ghanaians in Finland are switching to ACE.

Why lose money to bank fees when there’s a better way to send money to Ghana from Finland cost-effectively? 

Check the rates today at ACE Money Transfer and send support home. 

FAQs

Is ACE Money Transfer legal in Finland and Ghana?

Yes. ACE is a licensed and regulated service in both countries. It complies with all financial regulations.

Can my family in Ghana receive the money as cash?

Yes. ACE supports both cash pickups and direct bank deposits.

Are there any hidden charges with ACE?

No. ACE is transparent with its fees and exchange rates. You see the total amount before confirming.

Can I cancel a transaction after sending?

If the money hasn't been picked up or credited, you can usually request a cancellation through customer support.

Is ACE cheaper than other money transfer services?

In many cases, yes. Especially for online transfers, ACE often offers better rates and lower fees.