Local News

JN Money Transfer Expands 50% Waiver on Remittance Fees to Jamaica

KINGSTON, Jamaica – JN Money Services Limited (JNMS) has expanded its 50 percent waiver on remittances sent using JN Money Transfer to facilitate the recovery process for Jamaicans and Caribbean nationals in the United States affected by Hurricane Sandy.

Leesa Kow, General Manager of JNMS announced that the company’s initial waiver on money transfers to Jamaica has been extended until November 10, and that the company has also waived fees on money transfers from all its locations globally to the USA by 50 percent from November 8-17.

“Several states along the eastern seaboard of the USA that were seriously affected by the “super storm” are among those with large communities of Jamaicans in the Diaspora,” Miss Kow underscored.

Hurricane Sandy which impacted Jamaica, causing the death of one person; and leaving some J$4.3 billion in damage, went on to impact several people in Cuba, the Bahamas and Haiti and then make landfall in the USA where it merged with another natural hazard that intensified the category one storm. Sandy affected several eastern states, particularly, New York and New Jersey, leaving an estimated US$50 billion in damage to public and commercial infrastructure, homes and a death toll of some 110 persons.

Leesa Kow
General Manager, JN Money Services Limited

Miss Kow pointed out that JN Money Transfer has a network stretching across 350 branches and Agents in nine countries worldwide, including Jamaica, USA, Canada, the United Kingdom, Ghana, the Cayman Islands, Bahamas and Dominica, as well as St. Vincent and the Grenadines. It has 62 branches and Agents across the USA alone, including five branches in New York.

“This initiative to waive our fees is consistent with JN Money Services’ values and commitment to Jamaicans, wherever they are in the world, and efforts to facilitate the movement of funds to ensure a speedy recovery process,” she said.

“We are particularly concerned that the lives of our people at home and abroad do not remain disrupted indefinitely; and, all efforts to facilitate speedy restoration of normalcy are carried out,” the JNMS General Manger stated.

She indicated that the discount offer was part of a wider ‘recovery effort’ being mobilised by JNBS.

After Hurricane Sandy made landfall in Jamaica on October 24, the JN Group mounted a concerted “Recovery Programme” to assist JNBS savers and mortgagors; micro and small entrepreneurs through JN Small Business Loans Limited; and insurance clients of JN General Insurance Company Limited.

The company has organised and hosted community meetings in two of the worst affected parishes: St. Thomas and Portland, bringing together emergency services and government agencies to dialogue with residents about their needs and how recovery efforts can be strengthened. And, the JN Group will host a third community meeting on Sunday November 11, at the St. Mary Parish Church in Port Maria, St. Mary, starting at 3:00 pm.

Related Articles

Back to top button