Overall best way: Moneycorp
Moneycorp scored the highest of the 5 money transfer companies supporting JMD to GBP transfers.
In total, Moneycorp appeared in 80% of Jamaica to United Kingdom searches.
For a great mix of cost, speed & features, we advise using Moneycorp for your Jamaica to United Kingdom transfer.
How to compare companies offering money transfers from Jamaica to United Kingdom
Considerations for sending money from Jamaica to United Kingdom
Always compare ways to send money from Jamaica to the United Kingdom to get the best options for fees, speed, and reliability.
Our analysis included 5 providers that operate between Jamaica and United Kingdom.
Through this, you get a comprehensive view of all the options you have in Jamaica when you need to send money to the United Kingdom.
Cheapest way to send money from Jamaica to the United Kingdom: Moneycorp
Data collected for transfers between Jamaica and the United Kingdom over the past six months shows that Moneycorp is 0% cheaper than the second-best option.
This cost combines an average exchange rate between the Jamaican Dollar and Pound Sterling that is 2% different to the mid-market rate and an average fee of 0* JMD.
*The most common fee applied to JMD-GBP by Moneycorp, based on data from the past six months.
Fastest way to send money to the United Kingdom from Jamaica: Moneycorp.
In our comparison, we found Moneycorp to be the fastest way to send Jamaican Dollars to Pound Sterling in 80% of transfers. For quick transfers between JMD and GBP, Moneycorp comes highly recommended.
Sending money from Jamaica to the United Kingdom through Moneycorp has an average fee of 0 JMD.
To find the fastest company, we compared 5 money transfer providers for the overall speed of sending money from Jamaica to the United Kingdom. This was made up of depositing Jamaican Dollar to a money transfer account and transfer times to the United Kingdom.
When looking for the fastest money transfer, Moneycorp is our best choice for sending into United Kingdom from Jamaica.
Sending large amounts of money
Of the 5 companies compared, Moneycorp has the strongest option for large transfers from Jamaica to the United Kingdom.
Whatever the reason, sending bigger sums of money can be costly if you get a bad exchange rate from Jamaican Dollar to Pound Sterling.
The Moneycorp rate makes them great for large transfers between the United Kingdom and Jamaica.
Understanding the cost of transferring money to United Kingdom from Jamaica
Fees and exchange rates make up the total cost of sending money from United Kingdom to the United Kingdom. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current JMD-GBP mid-market rate is 0.0051 GBP per Jamaican Dollar. You will get more Pound Sterling for your Jamaican Dollars if you find a provider close to this number.
For context, over the last three months the JMD-GBP mid-market rate has had a high of 0.0051, a low of 0.0048 and averaged 0.0049 GBP per Jamaican Dollar.
Across the 5 companies compared, the best exchange rate is with Moneycorp.
Unless fees are unusually high, the exchange rate you receive on converting JMD to GBP will be the biggest determining factor when working out the cost of transferring Jamaican Dollars to the United Kingdom.
Fees: Transfer fees are charged as part of the transfer. Moneycorp at an average of 0 JMD per transfer over the last 6 months, offers the lowest fees overall. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Pound Sterling eventually received in the United Kingdom. You can assume that a lower cost of sending from Jamaica will result in more money received in the United Kingdom.
How to find the best exchange rate for Jamaican Dollar to Pound Sterling
Timing is essential for sending money between JMD and GBP. The exchange rate you secure impacts how much GBP you get for your JMD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from JMD to GBP has seen some fluctuation. On average, it stood at 0.0049.
During this period, the highest value recorded was 0.0051, while the lowest was 0.0048.
Moneycorp, which is our recommended service to send money online from Jamaica to United Kingdom offers an exchange rate that is only 2% above the mid-market rate.
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Payment methods available to fund your Jamaica to United Kingdom transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between United Kingdom and Jamaica.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Jamaica to United Kingdom.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send JMD to GBP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.