Business

JN Money Transfer Waives Fees to Assist Dominican Recovery

KINGSTON, Jamaica – JN Money Services, operators of the world-renown JN Money Transfer brand, has waived all fees on remittances being sent to Dominica as part of its drive to assist residents in the Caribbean country, as they recover from the flooding, mudslides and dislocations, which left more than 20 persons dead and others missing, following the recent passage of Tropical Storm Erika.

The Caribbean island has been struggling since Tropical Storm Erika left several persons dead and others missing; damage to its infrastructure, with hundreds of houses destroyed; as well as, roads and bridges washed away, as a result of flooding.

Leesa Kow
Leesa Kow

“Based on reports, Tropical Storm Erika is one of the worst disasters to hit the island. The damage, particularly landslides, has affected several communities; and, there are many persons who are in need of relief assistance,” said Miss Kow.

Persons living in Dominica can access funds sent to them at the National Cooperative Credit Union branches across the island.

“Whenever there is a disaster, remittances to the affected country normally increase; and, in that regard, as many persons outside of Dominica seek to send funds to their relatives and friends, we have taken the decision to waive all remittance fees. This will result in persons being better able to assist their loved ones to get back on their feet,” she added.

The World Bank estimates that Dominica, with a population of about 73,000, has roughly the same number of nationals living overseas. And, the Bank maintains that Dominica is among the top 30 countries in the world where remittances are important to its Gross Domestic Product.

JN Money Services Limited, with head office based in Kingston, Jamaica, markets its services under the JN Money Transfer brand, with operations in the United Kingdom, United States of America, Canada, Ghana, the Philippines and across the Caribbean.

The company has a strong presence in Dominica, where operations began in 2008.  The company’s presence across the Caribbean is growing  with operations in Guyana, The Cayman Islands, Trinidad and Tobago, Barbados, Haiti, Antigua and Barbuda, as well as, St. Vincent and the Grenadines.

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South Florida Caribbean News

The SFLCN.com Team provides news and information for the Caribbean-American community in South Florida and beyond.

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