Sending money to Oman is easy. There are plenty of good options available to you if you need to send money to Oman. Whether you’re looking for speed, cost-efficiency, ease of use, or any combination of the three, you should find an international money transfer service that lines up with your individual needs.
The Omani Rial (OMR) is pegged to the American Dollar (USD). While this has been the case for decades, the last update was made in 1986, when the OMR was pegged to the USD at a rate of 0.38501 OMR per USD.
If you are concerned with future fluctuations in currency exchange rates, it could help you to learn more about the USD, its history, and the current factors which affect its value.
The fastest way to send money to Oman is through Ria Money Transfer’s fast option. With Ria Money Transfer’s fast option, your money should reach its Omani destination in a matter of minutes. This offer is also very well-rounded, as there are many slower options which cost far more than Ria Money Transfer’s fast option. While Ria Money Transfer isn’t the easiest service to use, it does provide a few great benefits, such as a great cost-speed ratio.
OFX is the cheapest way to send money to Oman. OFX is a currency exchange company that allows you to use their platform for international money transfers. They don’t charge any upfront fees, but the company does charge a very small percentage of each transaction in fees. The more money you send through OFX at once, the cheaper their service becomes.
The main catch with OFX is that they carry a minimum transfer size limit which is much higher than the competition. This is fine if you are willing to work with them, as they recently lowered their minimum transfer amount.
The easiest way to send money to Oman is through Payoneer. Payoneer offers multiple intuitive options when it comes to sending/receiving money. They also offer a few perks and loyalty rewards that make their offer even better. For optimized ease of use, we recommend you use their option to send the money directly to a debit card, which can then be brought to an ATM for withdrawal.
OFX is the overall best way to send money to Oman. While the company does carry minimum transfer size requirements, it can easily work in your favor if you need to send money regularly. OFX also gives users an easy platform to work with, while their waiting times are quite short when compared to most of their competition.
Jonathan is the founder and editor of MoneyTransfers.com. Jonathan is highly experienced in the currency transfer market, having previously worked in the FX trading industry, alongside being an avid traveller. Using his knowledge he identified a need for transparency and further education to help people save money on their money transfers, leading to the creation of MoneyTransfers.com