Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From JOJordan you can also send money to

Sending money from JORDAN to WEST BANK AND GAZA

Data collected on: Mar 23, 2021
JOD | USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
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)Total cost (USD)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Jordan Kuwait Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Low
25.0035.71
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
17.8617.86
25.0035.71
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
12.5017.86
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
8.938.93
12.5017.86
Musharbash Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
3.505.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
2.502.50
3.505.00
Palestine Office for Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
Medium
5.007.14
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
3.573.57
5.007.14
Al Hindi and Al Sadat Office for Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
5.007.14
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
3.573.57
5.007.14
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.555.07
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
2.542.54
3.565.09
Al Salam Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
5.007.14
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
3.573.57
5.007.14
Al Saudi Office for Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
3.505.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
2.502.50
3.505.00
Alaweneh Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
5.007.14
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
3.573.57
5.007.14
Cairo Amman Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Low
5.007.14
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
3.573.57
5.007.14
Housing Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Low
12.0017.14
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
8.578.57
12.0017.14
Jordan Ahli Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Low
10.0014.29
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
7.147.14
10.0014.29
Total Average First Quarter
5.665.66
Total Average Fourth Quarter 2020
6.306.30
Total Average
Fee
7.9211.32
Exchange Rate Margin (%)
0.000.00
Total Cost Percent (%)
5.665.66
Total Cost (JOD) Total Cost (USD)
7.9211.32
Non-Transparent records
Bank account transfer Cash
Less than one hour Same day Next day 3-5 days
Bank account Cash Own/partner bank account
Payment instrument
Access point
Sending network coverage
Receiving method
Musharbash Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
3.505.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
1.001.00
3.505.00
Al Saudi Office for Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
3.505.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
1.001.00
3.505.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
3.555.07
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
1.011.01
3.545.06
Al Hindi and Al Sadat Office for Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
5.007.14
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
1.431.43
5.017.16
Al Salam Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
Medium
5.007.14
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
1.431.43
5.017.16
Alaweneh Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
5.007.14
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
1.431.43
5.017.16
Cairo Amman Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Low
5.007.14
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
1.431.43
5.017.16
Palestine Office for Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
Agent
Medium
7.0010.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
2.002.00
7.0010.00
Jordan Ahli Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Low
12.0017.14
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
3.433.43
12.0117.16
Housing Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Low
14.0020.00
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
4.004.00
14.0020.00
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
25.0035.71
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
7.147.14
24.9935.70
Jordan Kuwait Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
Low
27.0038.57
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
0.00
7.717.71
26.9938.56
Total Average First Quarter
2.752.75
Total Average Fourth Quarter 2020
2.982.98
Total Average
Fee
9.6313.76
Exchange Rate Margin (%)
0.000.00
Total Cost Percent (%)
2.752.75
Total Cost (JOD) Total Cost (USD)
9.6313.76
Non-Transparent records
Bank account transfer Cash
Less than one hour Same day Next day 3-5 days
Bank account Cash Own/partner bank account
Least Costly Corridors To West Bank and Gaza
Least Costly Corridors From Jordan