Source: https://rivet.global/blog/ghana-tech-companies-billing-us-and-uk-clients
Published: 2026-10-26 · Updated: 2026-10-26 · By Rashidatou K.

# Ghanaian tech and creative companies billing US and UK clients

Accra's tech and creative firms sell to clients in the US and UK. How to invoice, receive payments through Ghanaian banks, handle documents and manage the cedi.

## Key takeaways

- Ghanaian tech and creative companies invoice foreign clients in dollars and pounds.
- Payments arrive at Ghanaian banks as international transfers and are classified as export proceeds.
- The cedi has moved sharply against the dollar in recent years; planned conversions help.
- Clear invoices and purpose details speed up crediting.

An Accra animation studio works on series for a London production company and an educational platform in New York. It invoices in pounds and dollars. Each payment comes into its Ghanaian bank by international transfer, takes three to five days and is classified with the contract. Its 25 animators are paid in cedis at month end.

## Invoicing

Invoice each client in its own currency. Include:

1. Your company details and registration.
2. The client's details.
3. The service, deliverables and period.
4. The amount and currency.
5. Payment details and a clear purpose, such as "animation production services".

## Receiving

Payments arrive at Ghanaian banks as international transfers. Banks classify them as export proceeds for services, sometimes asking for the contract. Clear purpose details on each payment reduce delays.

## The cedi

The cedi has lost much of its value against the dollar in recent years, with sharp swings. Hold dollars and pounds as they arrive, pay foreign costs from them, such as software, render farms and plug-ins, and convert a planned amount to cedis before payroll.

## Paying into Ghana: the local rail

| What | Detail |
|---|---|
| Local rail | GhIPSS Instant Pay (GIP) |
| Run by | Ghana Interbank Payment and Settlement Systems, owned by the Bank of Ghana |
| Settlement | Seconds, 24/7 |

Source: [GhIPSS: Instant Pay](https://ghipss.net/). Checked when this guide was last updated; the scheme's own page has the current figures.

## Where Rivet fits

Rivet opens business accounts for registered companies after verification. Ghana-registered companies receive export proceeds through Ghanaian banks under Bank of Ghana rules, so check with your bank before receiving funds abroad. Ghanaian founders' companies registered elsewhere can use a Rivet business account with US account details on every plan and sterling and euro details from the Growth plan. Rivet is not a bank; regulated partner institutions hold the funds.

## Questions

### How should Ghanaian companies invoice foreign clients?

In the client's currency, with the service, period, amount, payment details and purpose stated clearly.

### Why does the cedi matter?

Revenue in dollars and pounds, costs in cedis. Sharp cedi moves change margins and payroll budgets.

### Do foreign receipts need documents?

Banks may ask for contracts and invoices to classify receipts as payment for services.

### Can Ghanaian companies hold dollars?

Yes, in foreign currency accounts at Ghanaian banks, subject to Bank of Ghana rules.