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

Compare today's JMD to EUR (Jamaican Dollar to Euro) exchange rates

Jamaica
Estonia
JMD

Interbank Exchange Rate: 1 JMD = 0.0054 EUR
Updated about an hour ago

Found 0 Remittance Service Providers

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

Easily compare money transfer providers in one place to send money from Jamaica to Estonia. Send money overseas to your loved ones by comparing Jamaican Dollar (JMD) to Euro (EUR) 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 Estonia 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 EUR Conversion Rates

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

1 JMD0.01 EUR
5 JMD0.03 EUR
10 JMD0.05 EUR
25 JMD0.14 EUR
50 JMD0.27 EUR
100 JMD0.54 EUR
150 JMD0.81 EUR
200 JMD1.08 EUR
250 JMD1.35 EUR
300 JMD1.62 EUR
400 JMD2.16 EUR
500 JMD2.70 EUR
600 JMD3.24 EUR
700 JMD3.78 EUR
800 JMD4.32 EUR
1,000 JMD5.40 EUR
1,500 JMD8.10 EUR
2,000 JMD10.80 EUR
2,500 JMD13.50 EUR
3,000 JMD16.20 EUR
4,000 JMD21.60 EUR
5,000 JMD27.00 EUR
10,000 JMD54.00 EUR
15,000 JMD81.00 EUR
20,000 JMD108.00 EUR
30,000 JMD162.00 EUR
40,000 JMD216.00 EUR
50,000 JMD270.00 EUR
100,000 JMD540.00 EUR

*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 Estonia?

Sending money internationally to Estonia from Jamaica can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Jamaican Dollar to EUR remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Estonia. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Euro.


How to get the best exchange rate for your money transfers from Jamaica to Estonia?

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 Euro 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 Estonia. 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 EUR 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 Estonia from Jamaica?

Finding the cheapest way to send money from Jamaica to Estonia might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer JMD to EUR via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Jamaica to Estonia exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


How to send money from Jamaica to Estonia through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Jamaica to Estonia. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the JMD to EUR exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Jamaica bank for your Estonia money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


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

The speed of your Jamaican Dollar to Euro funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert JMD to EUR. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Estonia from Jamaica is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Estonia if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout EUR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Jamaica bank to Estonia bank transfer.


Which are the best money transfer companies to send money from Jamaica to Estonia?

Comparing money transfer companies for sending money to Estonia 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 Estonia. 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 Euro 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 Euro yield on every Jamaican Dollar that you send.


Step by step guide to do a money transfer from Jamaica to Estonia

Follow the below easy steps to send money to Estonia from Jamaica.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Jamaica bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Estonia).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your JMD to EUR remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.