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Compare today's JMD to USD (Jamaican Dollar to US Dollar) exchange rates

Jamaica
British Indian Ocean Territory
JMD

Interbank Exchange Rate: 1 JMD = 0.0065 USD
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Jamaican Dollar to US Dollar money transfers

Easily compare money transfer providers in one place to send money from Jamaica to British Indian Ocean Territory. Send money overseas to your loved ones by comparing Jamaican Dollar (JMD) to US Dollar (USD) 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 British Indian Ocean Territory 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 USD Conversion Rates

Here are some latest JMD to USD (Jamaican Dollar to US Dollar) exchange rates for popular conversion amounts*.

1 JMD0.01 USD
5 JMD0.03 USD
10 JMD0.07 USD
25 JMD0.16 USD
50 JMD0.33 USD
100 JMD0.65 USD
150 JMD0.98 USD
200 JMD1.30 USD
250 JMD1.63 USD
300 JMD1.95 USD
400 JMD2.60 USD
500 JMD3.25 USD
600 JMD3.90 USD
700 JMD4.55 USD
800 JMD5.20 USD
1,000 JMD6.50 USD
1,500 JMD9.75 USD
2,000 JMD13.00 USD
2,500 JMD16.25 USD
3,000 JMD19.50 USD
4,000 JMD26.00 USD
5,000 JMD32.50 USD
10,000 JMD65.00 USD
15,000 JMD97.50 USD
20,000 JMD130.00 USD
30,000 JMD195.00 USD
40,000 JMD260.00 USD
50,000 JMD325.00 USD
100,000 JMD650.00 USD

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


What's the best way to do Jamaica to British Indian Ocean Territory money transfers?

With the global remittance market booming, there are so many choices for Jamaican Dollar to USD money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to British Indian Ocean Territory from Jamaica. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final USD amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best exchange rate for sending money from Jamaica to British Indian Ocean Territory?

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 United States Dollar 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 British Indian Ocean Territory. 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 USD 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 from Jamaica to British Indian Ocean Territory?

When you want to send money to British Indian Ocean Territory from Jamaica, you obviously want the cheapest possible option to maximize the money your recipient gets in United States Dollar. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your JMD to USD money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Jamaica to British Indian Ocean Territory. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Jamaica to British Indian Ocean Territory exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send United States Dollar overseas.


Should I use my bank to transfer money from Jamaica to British Indian Ocean Territory?

Big banks in Jamaica are known to make a lot of money by charging high fees on British Indian Ocean Territory money transfers from Jamaica. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a JMD to USD exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to British Indian Ocean Territory. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Jamaica to British Indian Ocean Territory. You work hard for your money, so you should also ensure you get the maximum yield when you send USD overseas.


What is the fastest way to do a money transfer to British Indian Ocean Territory from Jamaica?

It could be a stressful experience if you need to rush money quickly from Jamaica to British Indian Ocean Territory. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert JMD to USD. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in United States Dollar. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Jamaica to British Indian Ocean Territory money transfers.


Which are the best money transfer companies to send money from Jamaica to British Indian Ocean Territory?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Jamaica to British Indian Ocean Territory, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Jamaican Dollar to United States Dollar exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your USD money transfers to British Indian Ocean Territory. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in British Indian Ocean Territory getting more money for every Jamaican Dollar you send.


Step by step guide to send money from Jamaica to British Indian Ocean Territory

There are many important aspects of Jamaica to British Indian Ocean Territory 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 USD 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 British Indian Ocean Territory to validate that they get the money once the transaction clears.