Cheapest Way to Send Money to Jordan: 2024 Cost-Saving Guide

Why Finding Affordable Transfers to Jordan Matters

Sending money to Jordan doesn’t have to drain your wallet. With over $3.5 billion in annual remittances flowing into Jordan, families rely on these funds for essentials like education, healthcare, and daily expenses. Choosing the cheapest way to send money to Jordan can save you up to 85% compared to traditional banks – turning hidden fees into meaningful support for your loved ones.

Top 5 Cheapest Methods to Send Money to Jordan

After analyzing exchange rates, fees, and transfer speeds, these options deliver the most value:

1. Online Money Transfer Specialists (e.g., Wise, Remitly)
   • Average fee: $0-$3 USD
   • Mid-market exchange rates
   • Delivery: Minutes to 1 business day
2. Mobile Wallet Transfers (e.g., WorldRemit to Orange Money)
   • Low fixed fees starting at $0.99
   • Direct to Jordanian mobile wallets
   • Instant delivery available
3. Peer-to-Peer Services (e.g., CurrencyFair)
   • 0.15%-0.4% fee on transfers
   • User-set exchange rates
   • 1-2 day processing
4. Cryptocurrency Transfers (e.g., Binance P2P)
   • Near-zero transaction fees
   • Requires recipient crypto knowledge
   • Instant settlement
5. Prepaid Debit Card Reloads (e.g., Paysend)
   • $1-$2 transfer fee
   • Direct to Jordanian bank cards
   • Real-time delivery

Step-by-Step: How to Send Money Cheaply to Jordan

Follow this proven process for maximum savings:

1. Compare real costs using tools like Monito or MoneyTransferComparison
2. Time your transfer mid-week when exchange rates peak
3. Bundle larger transfers to minimize per-transaction fees
4. Opt for local currency pickup to avoid dynamic currency conversion fees
5. Use first-transfer promos (many services offer fee-free initial transactions)

Key Factors Impacting Transfer Costs

These elements determine your actual expenses:

• Exchange rate margins – Often 3-6% above mid-market rates at banks
• Hidden fees – Including correspondent bank charges and receiving fees
• Transfer speed – Instant transfers cost 50-200% more than standard options
• Payment method – Bank transfers are cheaper than credit card funding
• Receive options – Bank deposits typically cost less than cash pickup

Frequently Asked Questions

What’s the absolute cheapest way to send money to Jordan?

Peer-to-peer platforms like CurrencyFair typically offer the lowest overall costs for transfers over $1,000, with fees under 0.5%. For smaller amounts (<$200), mobile wallet services like WorldRemit provide the best value.

Are there limits on transfers to Jordan?

Yes. Jordan restricts inbound remittances to JOD 5,000 ($7,050) per transaction without documentation. Most services allow up to $50,000 annually with verified accounts.

How do I avoid hidden fees?

Always check for: 1) Receiving bank fees (ask recipient to confirm), 2) Correspondent bank charges (use services with direct Jordanian partnerships), and 3) Weekend transfer premiums (avoid Friday-Sunday sends).

Which banks in Jordan have the lowest receiving fees?

Arab Bank and Cairo Amman Bank charge JOD 0-5 ($0-$7) for incoming transfers. Avoid international banks – they typically charge JOD 15+ ($21+).

Can I send money to Jordan for free?

Yes, through first-time user promotions (Remitly, Wise) or referral programs. Regular free transfers are rare, but services like Xoom offer fee-free options for bank deposits over $1,000.

How long do transfers take?

Digital wallets: Instant. Bank transfers: 0-2 business days. Cash pickup: Under 10 minutes at locations like Umniah branches. Delays occur during Jordanian holidays or if compliance checks are needed.