About USD and JOD
The relationship between the US and Jordan dates back to World War I where they were allies. This bond has transited to modern times and has led to the establishment of many banks and money transfer companies that find it easy to remit money between these two countries. In 2017, about $USD440,000,000 was sent from the United States to Jordan.
Below, you will learn about some of the most used service providers that you can trust to convert your USD to JOD
The best way to send money from US to Jordan
As mentioned earlier, many transfer companies can help remit your money from US to Jordan. But which one is the best to use when making your transfers? With our comparison calculator here at Exchange Rate IQ, you can never go wrong when it comes to sending money from US to Jordan. Apart from that, we give you a detailed comparison of some of the most competitive brands in the market.
How to send money from US to Jordan
Prior to using any of these available international money transfer services, you have to compare their rates and fees then determine which one suits your needs.
Banks do an excellent job of securing your transfers and making sure they reach their designated locations on time. They however charge much due to service costs and high exchange rate margins.
Direct cash transfer services, on the other hand, offer instant cash pick up for your receiver. Its speed comes with competitive exchange rates, but not as good as online money transfer companies. They include Travelex, Western Union and MoneyGram.
Digital money transfer companies, also known as online money transfer companies like Ria and XE Money offer fast, affordable and secure transfer of money from US to Jordan. They are all-round service providers that operate even at odd hours to make sure your money reaches your recipient on time and without delays.
4 things to consider before sending money to Jordan from US
You should be keen when scrutinizing the transfer options available in the market and deciding that you want to use them when sending money from US to Jordan. Take note that as much as making international transfers can be super easy, a single wrong move can cause huge repercussions and make you lose a lot of money.
Some of the things to put in mind when sending money from US to Jordan are:
Flexibility: Do they have a limit contract to protect your money against market fluctuations or a forward contract to schedule your payments ahead of time? Can I cancel a transfer sent to the wrong address?
Customer assistance: Will the service providers be there for me when I need their assistance? How much are they willing to help me in case I encounter issues along the way? Do they have a refund policy?
Transfer speed: Will my money get to Jordan from the US on time? Will I get notified upon every stage of the transfer? How much more do I need to pay if I want my money sent within the shortest time possible?
Exchange Rate: Is the exchange rate margin reasonable and affordable for me to initiate my transfer without feeling exploited? Are their other companies offering better exchange rates?