Cheapest Way to Send Money to Jordan: Save on Fees & Exchange Rates

Why Finding Cheap Money Transfers to Jordan Matters

Sending money to Jordan shouldn’t drain your wallet. With over 3 million Jordanians relying on remittances (World Bank data), choosing cost-effective methods can save families hundreds annually. Traditional banks often charge 5-10% in hidden fees through poor exchange rates and transfer charges. This guide reveals smarter alternatives to maximize your money.

Top 5 Cheapest Methods to Send Money to Jordan

Based on fee comparisons for $500 transfers to Amman:

• Specialized Online Services (Wise, Remitly): Lowest overall cost (0.5-1.5% fees) with mid-market exchange rates. Transfers take 0-2 days.
• Digital Wallets (PayPal, Skrill): Best for small transfers under $200. Fees vary (1-3%), but instant delivery to linked Jordanian accounts.
• Mobile Money Services (Zain Cash, Orange Money): Zero fees for cash pickups at partner locations. Requires recipient’s mobile number.
• Traditional Providers (Western Union, MoneyGram): Competitive for large cash pickups (1-2% fees) but avoid bank deposits which add 4%+ fees.
• Bank Transfers: Only viable for amounts over $5,000 due to high flat fees ($30-$50). Use banks with Jordan partnerships like Arab Bank.

Maximizing Savings: 4 Key Cost Factors

1. Exchange Rate Margins: Banks add 3-5% markup. Online services use real mid-market rates.
2. Transfer Fees: Flat fees under $5 are ideal for transfers above $300.
3. Payment Method: Bank/debit transfers cost 70% less than credit card payments.
4. Delivery Speed: ‘Express’ options double fees – standard transfers save 50%.

Step-by-Step: How to Send Money Cheaply

1. Compare real-time rates on aggregator sites like Monito or SendMoney
2. Choose online transfer for amounts $100-$2,000; mobile cash for urgent small transfers
3. Pay via bank transfer (not credit card) to avoid 3% surcharge
4. Opt for local currency payout to prevent double conversion fees
5. Track transfers via provider apps to avoid ‘lost payment’ resend fees

FAQ: Sending Money to Jordan

What’s the absolute cheapest service for Jordan transfers?

Wise typically offers the lowest fees (0.7% average) for online transfers. For cash pickups, Mobile Money services like Zain Cash have zero fees.

Are there limits on transfers to Jordan?

Yes. Jordan caps inbound remittances at $10,000/month without documentation. Most services allow $5,000-$10,000 per transaction.

How long do transfers take?

Digital wallets: Instant. Online specialists: 0-48 hours. Banks: 3-5 business days. Delays occur if recipient details are incorrect.

Can I send money to Jordanian mobile wallets?

Yes. Services like WorldRemit send directly to Zain Cash and Umniah wallets. Requires recipient’s verified mobile number.

Do Jordanian banks charge receiving fees?

Most charge 5-15 JOD ($7-$21) for international transfers. Confirm with the recipient’s bank beforehand.

Is cryptocurrency a cheap alternative?

Not recommended. High volatility risks and limited crypto-to-JOD exchange options in Jordan often result in 8-12% effective losses.