Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's JMD to BOB (Jamaican Dollar to Bolivian Boliviano) exchange rates

Jamaica
Bolivia
JMD

Interbank Exchange Rate: 1 JMD = 0.0441 BOB
Updated about an hour ago

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All you need to know about Jamaican Dollar to Bolivian Boliviano money transfers

Easily compare money transfer providers in one place to send money from Jamaica to Bolivia. Send money overseas to your loved ones by comparing Jamaican Dollar (JMD) to Bolivian Boliviano (BOB) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Jamaica.

Were you looking to send money from Bolivia to Jamaica instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest JMD to BOB Conversion Rates

Here are some latest JMD to BOB (Jamaican Dollar to Bolivian Boliviano) exchange rates for popular conversion amounts*.

1 JMD0.04 BOB
5 JMD0.22 BOB
10 JMD0.44 BOB
25 JMD1.10 BOB
50 JMD2.21 BOB
100 JMD4.41 BOB
150 JMD6.62 BOB
200 JMD8.82 BOB
250 JMD11.03 BOB
300 JMD13.23 BOB
400 JMD17.64 BOB
500 JMD22.05 BOB
600 JMD26.46 BOB
700 JMD30.87 BOB
800 JMD35.28 BOB
1,000 JMD44.10 BOB
1,500 JMD66.15 BOB
2,000 JMD88.20 BOB
2,500 JMD110.25 BOB
3,000 JMD132.30 BOB
4,000 JMD176.40 BOB
5,000 JMD220.50 BOB
10,000 JMD441.00 BOB
15,000 JMD661.50 BOB
20,000 JMD882.00 BOB
30,000 JMD1,323.00 BOB
40,000 JMD1,764.00 BOB
50,000 JMD2,205.00 BOB
100,000 JMD4,410.00 BOB

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money from Jamaica to Bolivia?

There are many good choices when it comes to sending money from Jamaica to Bolivia. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Jamaican Dollar to BOB money transfers.

We compare different remittance companies to bring you the best options to send money to Bolivia from Jamaica. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Jamaican Dollar to Bolivian Boliviano money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best remit rate for transferring money from Jamaica to Bolivia?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your JMD to Bolivian Boliviano money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Jamaica to Bolivia. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for JMD to BOB remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to send money to Bolivia from Jamaica?

One of the most important things to watch out for is hidden fees when sending money to Bolivia from Jamaica. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Bolivia using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Bolivian Boliviano foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best JMD to Bolivia exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Bolivia from Jamaica.


Should I use my bank to send money from Jamaica to Bolivia?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low JMD to BOB exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Jamaica to Bolivia money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Bolivia from Jamaica. They do this by letting you fund your transaction through your local bank account in Jamaica, and by allowing you to choose the payout to be your recipient's bank account in Bolivia. But, you are likely to get much better rates and lower fees compared to your bank.


What is the fastest way to transfer money from Jamaica to Bolivia?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Jamaica to Bolivia. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert JMD to BOB fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Jamaican Dollar amount reaching Bolivia. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Bolivian Boliviano quickly to Bolivia, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to transfer money from Jamaica to Bolivia?

Comparing money transfer companies for sending money to Bolivia from Jamaica can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Bolivia. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Jamaican Dollar to Bolivian Boliviano transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Bolivian Boliviano yield on every Jamaican Dollar that you send.


Step by step guide to transfer money to Bolivia from Jamaica

There are many important aspects of Jamaica to Bolivia remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Jamaica bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include BOB bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Jamaican Dollar amount you want to send from Jamaica.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Bolivia to validate that they get the money once the transaction clears.