Read This to Learn How to Send Money to Oman

Information verified correct on January 23rd, 2017

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Here’s how to send a quick, affordable and secure money transfer to Oman.

When you need to get money to a loved one overseas, the last thing you want to have to deal with is navigating a potentially complicated and expensive process. Sending money from the United States to Oman doesn’t have to be expensive. Compare the transfer fees and exchange rates of the many options available to you to get the most Omani rials for your dollar.

From bank transfers and online transactions to options that allow recipients to collect your funds within minutes, sending an international money transfer to Oman is easy. However, do your research and shop around for the best available deal.

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Rates last updated January 23rd, 2017

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Min. Transfer Amount Transfer Speed Services Online Transfer Fee Rate Amount Received
Payoneer International Money Transfers
Send Mass Payments To Your ... Send Mass Payments To Your Payees Worldwide
USD 20
OnlinePhone
Rates are always
changing, click to check
your price today
Go to site More
WorldRemit International Money Transfers
An online money transfer service ... An online money transfer service with cash pickup, bank account to bank account and airtime transfers available.
USD 1 Within an hour
OnlineCash Transfer
Rates are always
changing, click to check
your price today
Go to site More
World First Foreign Exchange
Exclusive offer: $0 transfer fee ... Exclusive offer: $0 transfer fee
Transfer money into a range of currencies online and over the phone.
USD 500 2 days
OnlinePhone
Rates are always
changing, click to check
your price today
Go to site More
Transferwise International Money Transfers
Make online transfers in a ... Make online transfers in a range of currencies and enjoy high maximum transfer amounts.
USD 1 1 day
Online
Rates are always
changing, click to check
your price today
Go to site More
HiFX International Money Transfers
Transfer money between 20 currencies ... Transfer money between 20 currencies and enjoy scheduled regular transfers. No fee for transfers over US $5,000.
USD 100 2 days
OnlinePhoneAgent
Rates are always
changing, click to check
your price today
Go to site More
Currencies Direct International Money Transfers
$0 online transfer fee that ... $0 online transfer fee that you can access 24/7.
USD 100 2 days
OnlinePhone
Rates are always
changing, click to check
your price today
Go to site More
OFX International Money Transfers
Exclusive offer: Special exchange rates ... Exclusive offer: Special exchange rates and $0 transfer fee
OFX is currently offering finder.com exclusive exchange rates and $0 transfer fee on all transfers.
USD 150 1 day
OnlinePhoneAgentInternational Money Order...
Rates are always
changing, click to check
your price today
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TorFX International Money Transfers
TorFX guarantee to beat any ... TorFX guarantee to beat any competitor's exchange rate for a transaction. Conditions apply
USD 150 1 day
OnlinePhoneAgent
Rates are always
changing, click to check
your price today
Go to site More
Case study - Banks vs money transfer companies

Faheem Al Said arrived in the U.S. as a student. After the successful completion of his education he managed to get a job here. Once that happened, he decided to start sending some money back home to his ageing parents. At that point, he figured he could send around $1,000 every month.

The bank Faheem had an account with permitted electronic fund transfers to Oman. However, he felt he could get a better deal by comparing his options. He did, and this is what he found.

U.S. bankMoney transfer service
Exchange rate$1 = $0.2478 OMR$1 = $0.2668 OMR
Transfer fee$22$0
Amount received for $1,000$242.35 OMR$266.80 OMR
Transfer time3-5 days1 day
Transfer optionsBank accountBank account
Difference of$24.45 OMR

Faheem’s decision to go with the money transfer company came as no surprise. Not only did the money transfer company offer a more competitive exchange rate, it provided a no-fee service as well. This resulted in Faheem’s father receiving considerably more money than he would have through the bank. The fact that the money got to his father sooner also helped.

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How do I compare transfer companies when sending money to Oman?

When you’re using the services of a money transfer company, several aspects require your attention.

  • Exchange rate and fees. A seemingly great exchange rate does not necessarily translate into a good deal, especially if you end up paying fees on the higher side. Similarly, opting for a service provider that does not charge any fees may not work well if you get an unfavourable exchange rate. Looking at the total money the recipient stands to receive should give you a clear picture of which service provider to choose.
  • Ways to send money. Banks that perform fund transfers to Oman can let you do so in person, online or over the phone. Some money transfer companies have stores and kiosks, which you can visit to send money to Oman. A number of businesses let you send money to Oman using the internet. Some let you initiate the process over the phone as well.
  • Ways to receive money. The recipient can receive money directly into an Omani bank account. Another option is to collect money by visiting a cash pickup location.
  • Using the same bank. Using a bank to send money to Oman can work in your favor if you and the recipient have accounts with the same bank. In this case, you can benefit through a quick turnaround time and reduced fees.
  • Turnaround time. Transfers to bank accounts can take one to 10 or more business days, depending on the service provider you choose. Money transfer companies tend to process transfers quicker than banks. If you’re sending money to a cash pickup location, the transfer can happen in minutes.
  • Customer service. Find out how you can contact a company representative, should the need arise. Ideally, you should be able to get in touch with one over the phone, via chat and via email.
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Foreign exchange rates explained
The exchange rate determines how much one country’s currency is worth in another currency. When a country’s currency is strong, it will yield more money when exchanging it in a country with a weak currency. For example, in December 2016, the U.S dollar was worth approximately 19 Mexican pesos. However, most countries’ exchange rates are flexible, which means it can change from moment to moment. Factors that influence the exchange rate include interest rates, economic stability and inflation.

What are my options for sending money to Oman from the U.S.?

  • Banks. Several U.S. banks let you transfer money to Omani bank accounts. Banks tend to charge fees for their services, and the turnaround time can vary from one bank to the next. Another option is to send a bank-issued check or money order via mail.
  • Non-banks. Non-banking businesses such as Western Union and MoneyGram let you send money to Oman, to bank accounts as well as to cash pickup locations. Some money transfer companies limit their operations to the online world, giving you the ability to transfer funds directly into Omani bank accounts.
  • PayPal. If you and the recipient have PayPal accounts, you can use its services for sending money to Oman from the U.S.

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Emergency cash transfers in Oman

There are certain situations when you might need to send a transfer as quickly as possible. When you do need to send an emergency transfer, remember that you will usually have to pay extra in order to get your funds to your beneficiary ASAP. Make sure to check the exchange rate and fees that apply so you know exactly how much it will cost.

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What are the steps to send money to Oman?

The steps involved in sending money to Oman from the U.S. depend on the chosen method.

  1. Transfer to bank account. You’ll have to provide the recipient’s name, account number, name of the bank and the bank’s routing number. If you’re sending money using the services of a money transfer company, you’ll have to provide your bank account, debit card or credit card details as well. Once you initiate the transfer, you should get a reference number, which you can use to track the transaction’s progress.
  2. Cash pickup. When sending money in person, you’ll have to provide the recipient’s name and a desired cash pickup location. If you’re doing this online or over the phone, you’ll also have to provide details of your bank account, debit card or credit card. Pass the reference number you get on to the recipient.

Tips for picking up cash in Oman

Picking up cash from a transfer agent in Oman? Follow a few simple steps to ensure that you and your money stay safe:

  • Avoid any areas where crime is known to be a problem.
  • Keep your wallet and/or bag safe and secure at all times.
  • Take a friend along to provide additional security and peace of mind.
  • Don’t flash your cash around in public.
  • Don’t carry large sums of money around for any longer than is absolutely necessary.
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US International Money Transfers Offers

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WorldRemit International Money Transfers

An online money transfer service with cash pickup, bank account to bank account and airtime transfers available.

OFX International Money Transfers

Exclusive offer: Special exchange rates and $0 transfer fee
OFX is currently offering finder.com exclusive exchange rates and $0 transfer fee on all transfers.

World First Foreign Exchange

Exclusive offer: $0 transfer fee
Transfer money into a range of currencies online and over the phone.

Transferwise International Money Transfers

Make online transfers in a range of currencies and enjoy high maximum transfer amounts.

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