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Send money to Jamaica

Flag of United StatesUSDFlag of JMDJMD|Pricing observed
Top-ranked estimateof 9 providers
XE Money Transfer logo

XE Money Transfer

Rate 156.9487 · Fee free

You send

$1,000

Estimated receipt

J$156,949

J$8,000 more than the lowest estimate · 0.82% markup vs mid-market

Send with XE Money Transfer

Affiliate link · No extra cost to you

Quick answer: XE Money Transfer ranks first of 9 for 1,000 USD → JMD: 156,948.66 JMD estimated. 8,033.85 JMD separates first from last.

Latest pricing observation: . Quotes are kept per USD→JMD pair, not per country, so check is served before you commit. Methodology.

From
To
$

What is the cheapest way to send USD to JMD?

Sending $1,000 to Jamaica, ranked by estimated payout.

Source: our collected quotes

1
XE Money Transfer logo

XE Money Transfer

0-3 days

Best value

J$156,948.66

recipient gets

Rate 156.9487·Fee Free·0.82% markup
Rate up 2.4%
↑ 2.4% over 142dAvg: 155.65 JMD (+0.9% vs avg)
2
TapTap Send logo

TapTap Send

Under 3 minutes (95% of transfers)

J$155,999.18

recipient gets

Rate 155.9992·Fee Free·1.42% markup
Best rate 126 of 191 days
↓ 0.8% over 143dAvg: 155.66 JMD (+0.2% vs avg)
3
Paysend logo

Paysend

2 days

J$155,262.33

recipient gets

Rate 155.5719·Fee $1.99·1.69% markup
↓ 0.7% over 143dAvg: 156.11 JMD (-0.3% vs avg)
4
BOSS Money logo

BOSS Money

Instant

J$155,166.30

recipient gets

Rate 155.3978·Fee $1.49·1.80% markup
↑ 0.3% over 143dAvg: 154.65 JMD (+0.5% vs avg)
5
Remitly logo

Remitly

0.5-3 days

J$154,349.44

recipient gets

Rate 154.8123·Fee $2.99·2.17% markup
3.0% markup
↑ 0.6% over 143dAvg: 152.88 JMD (+0.5% vs avg)
6
Ria Money Transfer logo

Ria Money Transfer

Minutes to 2 days

J$154,174.03

recipient gets

Rate 154.6224·Fee $2.90·2.29% markup
↑ 0.9% over 190dAvg: 153.62 JMD (+0.7% vs avg)
7
Western Union logo

Western Union

Minutes to 5 days

J$153,983.08

recipient gets

Rate 154.2901·Fee $1.99·2.50% markup
↑ 0.5% over 143dAvg: 153.47 JMD (+0.5% vs avg)
8
MoneyGram logo

MoneyGram

0.5 day

J$153,060.55

recipient gets

Rate 154.6066·Fee $10.00·2.30% markup
↑ 0.7% over 142dAvg: 154.58 JMD (+0.1% vs avg)
9
Wise logo

Wise

144 hours

J$148,914.81

recipient gets

Rate 158.5786·Fee $60.94
↑ 1.9% over 131dAvg: 157.79 JMD (+0.5% vs avg)

Estimated payout difference: J$8,033.85 between first and last on $1,000.

By Awais Imran·Pricing collected from provider APIs and comparison sources
Some links earn us a commission, at no cost to you. It never changes the ranking. Editorial policy

Jamaica received approximately $3.5 billion in remittances in 2023, representing over 20% of GDP. The Jamaican diaspora is concentrated in the US (particularly New York and Florida), the UK, and Canada. Western Union and MoneyGram have dominant cash pickup networks on the island, while the growing banking sector supports direct bank deposits to NCB, Scotiabank Jamaica, and JMMB.

  • Western Union has the largest cash pickup network in Jamaica, partnered with NCB (National Commercial Bank) branches and independent agents island-wide.
  • NCB (National Commercial Bank), Scotiabank Jamaica, JMMB Bank, and Sagicor Bank Jamaica are the primary receiving banks for SWIFT transfers.
  • The Bank of Jamaica (BOJ) regulates all FX transactions and inbound remittances. JMD has experienced gradual depreciation against USD historically.
  • Remittances are a protected economic flow in Jamaica — no income tax or withholding tax is applied to personal inbound transfers.
  • Carib Transfers and several other Jamaica-specific providers operate out of major US and UK cities with competitive JMD rates for the Jamaican diaspora.

Which provider offers the best USD to JMD rate?

XE Money Transfer

XE Money Transfer

4.4

Exchange rate

156.9487

Fee

Free

Recipient gets

J$156,948.66

Speed

0-3 days

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