Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Transfer money

Sending money from JORDAN to WEST BANK AND GAZA

Data collected on: May 20, 2024-May 26, 2024
JOD | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
The exchange rate margin is the cost resulting from the fact that the firm applies a rate that is different from the market reference rate. The margin is the percentage difference between the market reference rate and the exchange rate actually applied to the transaction.
Total cost (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (JOD)sort descendingTotal cost (USD)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Firm
Musharbash Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
2.002.86
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
1.431.43
Total cost (JOD)sort descendingTotal cost (USD)sort descending
2.002.86
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
2.503.57
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
1.791.79
Total cost (JOD)sort descendingTotal cost (USD)sort descending
2.513.59
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
3.004.29
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
2.142.14
Total cost (JOD)sort descendingTotal cost (USD)sort descending
3.004.29
Firm
Al Saudi Office for Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
3.004.29
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
2.142.14
Total cost (JOD)sort descendingTotal cost (USD)sort descending
3.004.29
Firm
Al Salam Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
3.505.00
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
2.502.50
Total cost (JOD)sort descendingTotal cost (USD)sort descending
3.505.00
Firm
Alaweneh Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
3.555.07
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
2.542.54
Total cost (JOD)sort descendingTotal cost (USD)sort descending
3.565.09
Firm
Cairo Amman Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
4.005.71
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
2.862.86
Total cost (JOD)sort descendingTotal cost (USD)sort descending
4.005.71
Firm
Al Hindi and Al Sadat Office for Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
4.005.71
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
2.862.86
Total cost (JOD)sort descendingTotal cost (USD)sort descending
4.005.71
Firm
Jordan Kuwait Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
7.0010.00
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
5.005.00
Total cost (JOD)sort descendingTotal cost (USD)sort descending
7.0010.00
Firm
Jordan Ahli Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
8.0011.43
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
5.715.71
Total cost (JOD)sort descendingTotal cost (USD)sort descending
7.9911.41
Firm
Housing Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
10.0014.29
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
7.147.14
Total cost (JOD)sort descendingTotal cost (USD)sort descending
10.0014.29
Total Average Second Quarter
3.283.28
Total Average First Quarter
3.243.24
Total Average
Fee
4.606.56
Exchange Rate Margin (%)
0.000.00
Total Cost Percent (%)
3.283.28
Total Cost (JOD) Total Cost (USD)
4.606.57
Non-Transparent records
Bank account transfer Cash
Same day Next day 2 days 3-5 days
Bank account Cash Own/partner bank account
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (JOD)sort descendingTotal cost (USD)sort descending
Firm
Musharbash Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
2.002.86
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
0.570.57
Total cost (JOD)sort descendingTotal cost (USD)sort descending
2.002.86
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
2.503.57
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
0.710.71
Total cost (JOD)sort descendingTotal cost (USD)sort descending
2.493.56
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
3.004.29
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
0.860.86
Total cost (JOD)sort descendingTotal cost (USD)sort descending
3.014.30
Firm
Al Saudi Office for Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
3.004.29
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
0.860.86
Total cost (JOD)sort descendingTotal cost (USD)sort descending
3.014.30
Firm
Al Salam Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
3.505.00
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
1.001.00
Total cost (JOD)sort descendingTotal cost (USD)sort descending
3.505.00
Firm
Alaweneh Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
3.555.07
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
1.011.01
Total cost (JOD)sort descendingTotal cost (USD)sort descending
3.545.06
Firm
Cairo Amman Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
4.005.71
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
1.141.14
Total cost (JOD)sort descendingTotal cost (USD)sort descending
3.995.70
Firm
Al Hindi and Al Sadat Office for Exchange
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium
Fee
4.005.71
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
1.141.14
Total cost (JOD)sort descendingTotal cost (USD)sort descending
3.995.70
Firm
Jordan Kuwait Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
7.0010.00
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
2.002.00
Total cost (JOD)sort descendingTotal cost (USD)sort descending
7.0010.00
Firm
Jordan Ahli Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
8.0011.43
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
2.292.29
Total cost (JOD)sort descendingTotal cost (USD)sort descending
8.0211.46
Firm
Housing Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
10.0014.29
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
2.862.86
Total cost (JOD)sort descendingTotal cost (USD)sort descending
10.0114.30
Total Average Second Quarter
1.311.31
Total Average First Quarter
1.301.30
Total Average
Fee
4.606.56
Exchange Rate Margin (%)
0.000.00
Total Cost Percent (%)
1.311.31
Total Cost (JOD) Total Cost (USD)
4.606.57
Non-Transparent records
Bank account transfer Cash
Same day Next day 2 days 3-5 days
Bank account Cash Own/partner bank account
Least Costly Corridors To West Bank and Gaza
Least Costly Corridors From Jordan
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