Bank transfer remains one of the safest and most widely accepted deposit methods for Ghanaian players who prefer direct transactions. As an expert who has tested dozens of platforms across Africa, I've curated this list of trusted online casinos that support local and international bank transfers - each vetted for security, payout reliability, and user experience. This guide is free and designed to help you deposit with confidence using your preferred banking channel.
Verified Online Casinos Accepting Bank Transfers in Ghana 2025
|
Operator
|
Bonus
|
Features
|
Claim Now
|
|---|---|---|---|
|
300% Match
|
|
|
|
50% Match
|
|
|
|
200% Match
|
|
|
|
100% Match
|
|
|
|
400% Acca Win Boost
|
|
|
|
200% Slot Bonus
|
|
|
|
100% Match
|
|
|
|
Daily Jackpot
|
|
|
|
100% Match
|
|
|
Overview of Bank Transfer Payments in Ghana
Ghana's payment system has come a long way since the introduction of MICR checks in 1997. Bank transfers are now the cornerstone of this financial infrastructure. They connect people, businesses, and government agencies through a network of institutional arrangements that move monetary claims.
Why bank transfers are still relevant
Mobile money services are growing rapidly in Ghana, but bank transfers are holding their own - and for good reason. They offer better security features, making them the first choice for high-value transactions. They also operate under stricter regulatory oversight than other payment methods.
Bank transfers work best for:
- Transactions that exceed mobile wallet limits
- complex financial transactions that require documentation
- international money movements through correspondent banks;
The transfer system uses Ghana's national banking infrastructure. This gives customers institutional-level security and peace of mind when moving large sums of money. Large commercial operations and formal financial activities throughout the country rely on this proven framework.
Role of banks in Ghana's financial system
Banks are the bedrock of Ghana's modern economy. They do much more than move money around. They help channel capital into productive assets, provide financial services to people from all walks of life, and promote financial inclusion across the country.
The Bank of Ghana has set these main goals for payment and settlement systems:
| Objective | Description |
|---|---|
| Risk Prevention | Preventing and containing risks in payment, clearing, and settlement systems |
| Regulatory Oversight | Establishing resilient oversight regimes for payment and settlement systems |
| Fiscal Efficiency | Bringing efficiency to Ghana government fiscal operations |
| Financial Deepening | Deepening financial intermediation across the economy |
| Digital Adoption | Discouraging cash use while promoting non-paper based instruments |
| Inclusion | Promoting financial inclusion without compromising banking system safety |
| Integration | Developing integrated electronic payment infrastructure for interoperability |
The banking sector showed its strength during the 2022 fiscal year, staying resilient even during economic challenges.
Common use cases for bank transfers
Ghanaians use remittances in their daily lives and businesses. Small business owners pay their suppliers, while families send money to their children at university. Bank transfers are also the first choice:
- Cross-border payments to international partners
- live domestic remittances through the Ghana Interbank Settlement System (GIS)
- payroll payments from employers to employees
- large purchases such as real estate and vehicle purchases
- business-to-business (B2B) transactions requiring documentation;
The GIS system processes and settles funds quickly throughout the bank's network. Services like Xpress Money Transfer allow people to move money instantly between branches. This makes them ideal for merchants and small businesses.
Bank transfers thrive alongside new payment methods in Ghana's growing financial ecosystem. Each method serves its own purpose and meets different needs.
Popular Bank Transfer Methods in Ghana
Ghana's banking system offers many ways to transfer money to suit different people's priorities. I have tested these options and each has its own advantages depending on what you need to do.
Direct bank deposits
Bank-to-bank transfers are still the most popular way to send money in Ghana. You can transfer funds between accounts using the recipient's account and routing numbers. GCB Bank's Xpress Money Transfer service helped me send money to my family members quickly and securely.
Direct deposits give you these benefits:
- Money moves instantly between accounts in the same bank
- more secure than cash
- can be used by both customers and non-customers;
Bigger international transfers through SWIFT get processed the same day, but you'll need to visit a branch.
Mobile banking apps
Mobile banking apps have changed the way Ghanaians manage their money. These apps work on phones and tablets, allowing you to manage your accounts anytime without having to go to a branch.
Stanbic Bank's app comes with great features:
| Feature | Description |
|---|---|
| View accounts | Single view of all accounts in different currencies |
| Transfers | Load/pay beneficiaries, make payments, transfer funds |
| Security | OTP verification for transactions |
| Biometrics | Fingerprint and facial recognition login on compatible devices |
Access Mobile App allows you to move up to GHS50,000 daily and UBA's Mobile Banking App works anywhere you have internet.
Internet banking platforms
Internet banking platforms work like mobile apps on the web, giving you full control of your accounts. Bank of Africa's BOAweb allows me to transfer money instantly between BOA accounts and other local banks. You can choose between GIP for instant transfers or ACH, which takes one business day.
GTBank's GTDirect uses the same system as ACH, but is completely online. The platform saves time and feels secure because you don't have to visit a branch.
Virtual accounts (static and dynamic)
Virtual accounts are the latest addition to Ghana's banking options. These are special bank accounts that allow businesses to receive GHS payments through direct transfers.
You can choose between two types:
- Dynamic Virtual Accounts: Created for one-time transactions at checkout that require exact payment
- Static Virtual Accounts: Perfect for recurring payments or providing unique accounts to customers;
Flutterwave's virtual accounts help businesses get paid securely through bank transfers. Ghana saw more than 115 million bank transfer payments in 2023.
ATM-based transfers
ATMs now do much more than dispense cash. I can transfer money between my Stanbic Bank accounts right at the ATM. GTBank's Pan-to-Pan service allows you to transfer money between GTBank Visa or MasterCard at any GTBank ATM.
First Bank gives you several ATM transfer choices:
- Linked Account Transfer: Between FirstBank accounts on one card
- Inter Bank Transfer: From FirstBank to other banks
- Intra Bank Transfer: Between different FirstBank accounts;
These flexible methods work well for everyone, from regular users to businesses that need to handle lots of transactions.
Bank Transfers vs Other Payment Methods
Choosing the right payment method in Ghana means understanding how bank transfers compare to other options. Let me share my analysis of the strengths and limitations of each method to help you decide what works best for you.
Bank transfers vs mobile money
Bank transfers and mobile money each play a unique role in Ghana's financial landscape. Mobile money shines with its reach, especially in rural areas where banks are scarce. In my experience, mobile money works best for quick, small transactions because it's convenient and easy to use.
But bank transfers have clear advantages when it comes to bigger transactions:
| Feature | Bank Transfers | Mobile Money |
|---|---|---|
| Security | Higher level of regulatory oversight | Simple security features |
| Transaction limits | Up to millions of GHS | Limited (lower thresholds) |
| Target usage | Formal financial activities, B2B | Everyday P2P transfers |
| Settlement | Often same-day for interbank | Instant for same network |
Studies show that mobile money transactions can impact banking performance negatively, though this varies across different metrics.
Bank transfers vs cash payments
Bank transfers eliminate the risks of carrying cash when I need to move large amounts of money. Bank transfers create an electronic record of all transactions, unlike cash that someone could lose or steal.
Cash still works better for:
- Budgeting (visual management of expenses)
- Zero transaction costs
- No reliance on technology
- Instant settlement;
Wire transfers offer better security, electronic records for taxes, and no physical storage worries. Businesses that handle large transactions spend less on security with wire transfers than with cash handling.
Bank transfers vs card payments
Online casinos often prefer bank transfers over cards. Bank transfers usually cost less because they skip the card networks and don't incur interchange fees.
Cards require multiple intermediaries, while bank transfers move money directly between accounts. Cards work well for small purchases, but merchants get their money faster with bank transfers - usually the same day instead of waiting 2-3 days with cards.
Bank transfers vs e-wallets
E-wallets (mostly mobile money in Ghana) make it easy for people without bank accounts to send money. Bank transfers require formal accounts, but are more secure for larger transactions.
Here's what stands out to me:
- Processing speed: E-wallets process payments live, while bank transfers can take hours or days, depending on whether the transfer is domestic or international
- Cost structure: Bank transfers often cost more, especially for international transfers with multiple intermediaries
- Transaction size: Bank transfers handle larger amounts better than e-wallet limits allow;
Most Ghanaians get the best results by using both systems - e-wallets for everyday transactions and bank transfers for larger, more formal financial needs.
How to Send and Receive Bank Transfers in Ghana
Bank transfers in Ghana follow specific steps that change depending on the local or international destination. My experience with the Ghanaian banking system has taught me the ins and outs of the process, and I'll walk you through it.
Step-by-step for local transfers
Ghanaian banks offer several ways to transfer money locally. My experience with the GCB's Xpress money transfer service showed me these steps:
- Visit any GCB branch with a valid form of identification (passport, driver's license or voter ID)
- Complete the Xpress remittance form with the recipient's information
- Present the form to the customer service representative
- Receive a receipt and a secure code as proof of remittance;
The process is straightforward for people collecting funds:
- Visit the specified branch with valid ID
- present the sender's secure code
- complete the recipient form
- collect your funds;
You don't have to be a GCB customer to use this service. Funds move instantly through their nationwide network of branches.
Step-by-step for international transfers
Sending money abroad requires these steps:
- Pick a reliable transfer service with good rates
- Set up an account and verify your identity
- Add recipient's name, contact details, and banking information
- Choose transfer amount and currency
- Check all details including fees and exchange rates
- Pay using your preferred method
- Keep track of your transfer until it's done
Ghanaian banks let you schedule transfers for future dates. You can set them up as one-time or regular payments.
Required information and documents
| Transfer Type | Required Information | Required Documents |
|---|---|---|
| Local Transfer | Recipient's full name, bank name, account number | Valid ID (passport, driver's license, voter ID) |
| International Transfer | Recipient's full name, bank name, account number, SWIFT/BIC code | Valid ID, sometimes additional documentation for large amounts |
| Money Transfer Services | Recipient's full name, mobile number | Valid ID |
Online platforms need you to register and verify your information before you start making transfers.
Common issues and how to avoid them
My experience has shown these frequent problems:
- Incorrect recipient details: Double-check account numbers and names before confirming
- Network/connectivity issues: Make sure you have stable internet for mobile or online banking
- Security restrictions: Some banks limit transfers for security reasons
Failed transfers require quick fixes. Check the recipient's account information and SWIFT/BIC codes. Confirm that your bank handles transfers to Ghana and look for any holds or compliance blocks.
Setting up a standing order is the quickest way to make regular transfers. It saves you from entering the same information multiple times.
Use of Bank Transfers in Online Platforms
Money transfers have changed the way transactions work in Ghana's digital world, going far beyond traditional banking. I've watched this evolution unfold across platforms of all kinds.
Bank transfer method in online casinos
Players who are concerned about sharing sensitive banking information prefer to use bank transfers in Online casinos. Money is transferred directly between banks, which makes it more secure. These transfers offer better security and higher withdrawal limits, but they usually take 2-5 business days to process. Players get these benefits:
| Feature | Benefit |
|---|---|
| Security level | High (direct bank-to-bank) |
| Withdrawal limits | Higher than other methods |
| Transaction fees | Often waived by casinos |
E-commerce and digital services
GhIPSS Instant Pay (GIP) allows shoppers to transfer money instantly between accounts. Companies like Paystack now give customers unique account numbers for each transaction through their "Pay with Bank Transfer" option.
Freelancers and remote workers
Traditional banks often create problems for freelancers who need to receive international payments. Services like Grey help solve this problem by providing Ghanaian freelancers with specialized accounts. These accounts allow them to:
- Receive USD, GBP, or EUR payments without forced conversions
- Convert earnings at competitive rates
- Withdraw directly to local bank accounts;
Business-to-business (B2B) payments
Larger commercial transactions in Ghana still rely heavily on B2B remittances. Business owners are using remittances more than ever for supply chain management and payroll, with transaction values reaching GHC 47.5 billion in 2024.
Final Verdict
Bank transfer remains a reliable deposit method for Ghanaian online casino players, especially for high limit transactions and secure withdrawals, although mobile money is faster and more widely used.
1xBet, 22Bet and Betway are among the most wire transfer friendly casinos in Ghana. They allow deposits and withdrawals from local bank accounts, including options for Visa and Mastercard linked services. While bank transfers typically take 3-5 business days to process, they are preferred for larger transactions, with limits ranging from GHS 157.50 to GHS 78,751.01 for deposits and up to GHS 39,375.51 for withdrawals.
However, it's worth noting that mobile money services such as MTN, Vodafone and AirtelTigo dominate Ghana's online casino scene due to their instant processing times, low minimum deposits and widespread accessibility. For speed and convenience, mobile money is often the preferred choice, especially for casual players or those betting on the go.
Other Deposit Payment Options in Ghana