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Compare today's SAR to JMD (Saudi Riyal to Jamaican Dollar) exchange rates

Saudi Arabia
Jamaica
SAR
Interbank Exchange Rate: 1 SAR = 42.6480 JMD
Updated about an hour ago

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All you need to know about Saudi Riyal to Jamaican Dollar money transfers

Easily compare money transfer providers in one place to send money from Saudi Arabia to Jamaica. Send money overseas to your loved ones by comparing Saudi Riyal (SAR) to Jamaican Dollar (JMD) 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.

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Latest SAR to JMD Conversion Rates

Here are some latest SAR to JMD (Saudi Riyal to Jamaican Dollar) exchange rates for popular conversion amounts*.

1 SAR42.65 JMD
5 SAR213.24 JMD
10 SAR426.48 JMD
25 SAR1,066.20 JMD
50 SAR2,132.40 JMD
100 SAR4,264.80 JMD
150 SAR6,397.20 JMD
200 SAR8,529.60 JMD
250 SAR10,662.00 JMD
300 SAR12,794.40 JMD
400 SAR17,059.20 JMD
500 SAR21,324.00 JMD
600 SAR25,588.80 JMD
700 SAR29,853.60 JMD
800 SAR34,118.40 JMD
1,000 SAR42,648.00 JMD
1,500 SAR63,972.00 JMD
2,000 SAR85,296.00 JMD
2,500 SAR106,620.00 JMD
3,000 SAR127,944.00 JMD
4,000 SAR170,592.00 JMD
5,000 SAR213,240.00 JMD
10,000 SAR426,480.00 JMD
15,000 SAR639,720.00 JMD
20,000 SAR852,960.00 JMD
30,000 SAR1,279,440.00 JMD
40,000 SAR1,705,920.00 JMD
50,000 SAR2,132,400.00 JMD
100,000 SAR4,264,800.00 JMD

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


What's the best way to do Saudi Arabia to Jamaica money transfers?

There are many good choices when it comes to sending money from Saudi Arabia to Jamaica. 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 Saudi Riyal to JMD money transfers.

We compare different remittance companies to bring you the best options to send money to Jamaica from Saudi Arabia. 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 Saudi Riyal to Jamaican Dollar money transfers. You can take advantage of these deals and make the most of your hard earned money.


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

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Jamaica from Saudi Arabia. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your SAR to Jamaican Dollar money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Saudi Arabia to Jamaica corridor to give you more good choices for your next JMD money transfer. This way you do not miss out on additional options to potentially save more.


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

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Saudi Arabia to Jamaica via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Saudi Riyal to Jamaican Dollar remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Saudi Arabia to Jamaica exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for SAR to JMD remittances.


Should I use my bank to send money from Saudi Arabia to Jamaica?

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 SAR to JMD 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 Saudi Arabia to Jamaica 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 Jamaica from Saudi Arabia. They do this by letting you fund your transaction through your local bank account in Saudi Arabia, and by allowing you to choose the payout to be your recipient's bank account in Jamaica. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money to Jamaica from Saudi Arabia fast?

It could be a stressful experience if you need to rush money quickly from Saudi Arabia to Jamaica. 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 SAR to JMD. 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 Jamaican 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 Saudi Arabia to Jamaica money transfers.


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

The first step in selecting the best money transfer operators for Saudi Arabia to Jamaica remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Saudi Riyal to Jamaican Dollar money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Jamaica.


Step by step guide to transfer money to Jamaica from Saudi Arabia

With so many possible ways to transfer Saudi Riyal to Jamaican Dollar, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Saudi Arabia to Jamaica remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Saudi Arabia and the receiver in Jamaica. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your SAR to Jamaican Dollar money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.