Transfer Money to Jamaica

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About Money Transfers to Jamaica

Our service will aim to help and advise you on the options available to you when sending money to Jamaica, saving you a considerable amount of time and a significant amount of money in the long run. In contrast to high street banks, we focus solely on currency exchange, therefore providing unparalleled financial product knowledge and offer you only the most reputable currency specialists.

Whatever the reason for your transfer, whether it be sending money to family in Kingston or purchasing a holiday home in Montego Bay, we will help you find the best exchange rates and cheapest deals for all your needs when sending Jamaican Dollar to Jamaica.

Last updated: May 08, 2014 Our methodology

Quick Facts: Jamaica

Key information for sending money to Jamaica

Transfer Speed
1 working day
Local Currency
JMD
Income Tax Rate
0-25%
Avg. Property Price/m²
134,970.00 JMD
Avg. Monthly Rent (3 bed)
122,157.14 JMD
IBAN Required
No

Money Saving Tips for Jamaica

Expert advice for your international transfer

In Jamaica, it is normal for payment of a property to be made in a number of instalments.

Expats who have worked in Jamaica for an uninterrupted period of five or more years can apply for permanent residency in the country.

The whole process of registering a property can take around 42 days to complete in Jamaica.

If buying property, traditionally, the seller pays the agents fee, however, it has become quite common recently to pass the cost to the buyer.

What You Need to Send Money to Jamaica

Checklist of recipient bank details required

Routing Number e.g.
Bank routing number
SWIFT/BIC Code e.g. BANKJMXX
Bank identifier for international transfers
Account Number
Recipient's bank account number
Account Holder's Name
Full name as it appears on the bank account

Popular Banks in Jamaica

Scotiabank Jamaica National Bank FirstCaribbean International Bank Citibank First Global Bank Limited RBC Royal Bank

"When sending money to Jamaica, always compare multiple providers. The exchange rate is important, but don't forget to factor in transfer fees and delivery times. For larger amounts, even small rate differences can translate to significant savings."

— MyCurrencyTransfer Editorial Team

Frequently Asked Questions

Common questions about sending money to Jamaica

What is the cheapest way to send money to Jamaica?

The cheapest way to send money to Jamaica depends on your transfer amount. For larger transfers (over £1,000), specialist providers like Wise or OFX typically offer better rates than banks. Compare providers above to see which offers the best deal for your specific amount.

How long does it take to transfer money to Jamaica?

Most transfers to Jamaica are completed within 1-3 working days. Some providers offer same-day or next-day delivery for an additional fee. The exact time depends on the provider, payment method, and whether the recipient's bank processes weekend transfers.

What information do I need to send money to Jamaica?

You'll typically need: the recipient's full name (as it appears on their bank account), their bank account number, the bank's SWIFT/BIC code, and for some countries an IBAN. You may also need the recipient's address and the bank's name and address.

Are money transfer services safe to use?

Yes, the providers we compare are regulated by the Financial Conduct Authority (FCA) or equivalent regulators. They must keep your money in segregated accounts and follow strict anti-money laundering procedures. Always check a provider's regulatory status before sending money.

Should I use my bank to send money to Jamaica?

Banks are generally more expensive for international transfers due to higher exchange rate margins and fees. Specialist money transfer providers typically offer rates 2-4% better than banks. Use our comparison to see how much you could save.

How to Transfer Money to Jamaica

  1. Compare providers

    Use the comparison table above to find the best exchange rate and lowest fees for your transfer amount.

  2. Create an account

    Click through to your chosen provider and register for a free account. You'll need your email address and basic personal details.

  3. Verify your identity

    Upload ID documents as required (passport, driving licence, or national ID). Most providers verify within 1-2 business days.

  4. Enter recipient details

    Add your recipient's bank account details including their name, account number, and SWIFT/BIC code.

  5. Fund and track your transfer

    Pay by bank transfer or debit card, then track your money until it arrives. Most transfers complete within 1-3 working days.