Open a JOD Account - Jordanian Dinar

Opening an account is very simple.

1. Send us your request to open a JOD account via the form on the left or through the account opening form. We will contact you to schedule a phone call to fully understand your needs regarding JOD transactions.
2. Following this discussion, we will assist you with the administrative formalities to open access to the services of one of our partners, selected based on your needs. We remain your sole point of contact for the entire client relationship.
3. Once access to the services is validated, you can request the opening of your Jordanian Dinar account and any other eligible currency. Your JOD account banking details are usually provided within minutes, and you can start receiving and making payments in JOD (Jordanian Dinar).
4. If your business evolves and you have needs in other currencies, you can request the addition of an account in another currency at any time.

The Jordanian Dinar (JOD) account for which we provide the details is not a bank account per se because the account-holding institution is not a bank but a partner payment institution. These accounts are labeled in your name, and the IBAN associated with the account is unique. You thus have a guarantee of segregation of your funds in the books of our partners. The security guarantees for your funds are similar to those offered by traditional banks. The account can be located in different countries according to your operational needs. Please consult the page related to opening a Jordanian Dinar (JOD) account for more information.

It may be useful for your JOD (Jordanian Dinar) account to be located in France or, conversely, in another country, depending on your operational needs and the location of your clients. This is why we allow great flexibility in the location of currency accounts. The JOD (Jordanian Dinar) account can be located in the following countries of your choice:

• France
• United Kingdom
• Belgium
• Netherlands

You can consult the updated table of possible locations for JOD (Jordanian Dinar) accounts here: account locations

You can use this Jordanian Dinar account to receive or store JOD for as long as you wish as long as your account is active. You are automatically notified by email each time a Jordanian Dinar transfer is received in your JOD account. You can then freely reuse these JOD to make payments in JOD to your suppliers or convert your Jordanian Dinars, benefiting from very competitive exchange rates. You have no obligation of movement on the accounts. 

Foreign currency payment collection systems like Adyen, Stripe, Paypal, Hipay, or internal marketplace systems like Amazon Pay are widely used by companies conducting international transactions. These systems are efficient, but if you do not have an account in the collected foreign currency, your revenues in that currency are automatically converted to euros at a usually very unfavorable exchange rate, and even when you have a bank account in the collected currency, this account often needs to be located in the country where the sale takes place, which can be complicated with a traditional bank. Some of our partners offer currency accounts compatible with most marketplaces and collection systems.

You can find all eligible currencies for currency account opening by visiting this page.

It is not possible to deposit checks or cash into your JOD (Jordanian Dinar) account. Only bank transfers are accepted for transactions on the account. No bank card can be linked to the account at this time.

Account statements detailing all operations in Jordanian Dinars are downloadable at any time from the online interface. These statements include maximum information on beneficiaries, the origin of funds, related exchange operations, to facilitate the work of your accounting department.

All account statements can be automatically integrated into your treasury software or ERP via MT940 files. You thus find all movements in JOD (Jordanian Dinar) in your software, and you do not even need to connect to our online interface to obtain the updated balance of your JOD (Jordanian Dinar) account. Our technical teams can also automate the processing of currency payment files provided by your TMS / ERP.