KINGSTON, Jamaica – JN Money Services Limited (JNMS) has announced a 50 percent discount on fees applied to remittances sent to the Philippines, using the JN Money Transfer service.
Leesa Kow, General Manager of JNMS, said the remittance agency initiative has been implemented to assist in the country’s recovery, following the magnitude 7.2 earthquake which rocked the central Philippines on Tuesday. The discount will be effective from October 16 to October 23, 2013.
“We want to facilitate Filipinos and their friends abroad, to render assistance of to those who have been affected by the earthquake,” Ms. Kow said. She noted that JN Money Transfer is well positioned to accommodate such assistance, particularly through its network of branches and Agents in locations where there are significant Filipino communities.
She pointed out that the United States is home to more than 3 million Filipinos, with another 800,000 in Canada, and 200,000 in the United Kingdom, while they are also the second largest group of migrants in the Cayman Islands.
JN Money Services Limited, based in Kingston, Jamaica, markets its services under the JN Money Transfer brand, and has expansive and growing operations in the United Kingdom, the United States of America, Canada, and Ghana. The company also has strong presence in several Caribbean countries, including Guyana, The Cayman Islands, St. Vincent and the Grenadines, and Dominica.
“We are able to facilitate our Filipino customer requirements through our partnership with Globe GCash which began earlier this year,” Ms. Kow declared. Globe GCash is the mobile commerce service of Globe Telecom, one of the largest telecommunications providers in the Philippines.
“The partnership with Globe GCash means Filipinos have access to affordable remittance services that allow them to send funds for instant cash pick-up from 7,000 payment outlets and 13,000 ATMs across the Philippines,” Miss Kow says.
“The move is similar to our efforts in October last year, which facilitated the movement of funds for recovery from Hurricane Sandy in Jamaica,” Miss Kow affirmed. “We know that the Diaspora, whether Filipino or Jamaican, is willing and able to play a significant role in quickening the recovery process after a catastrophe.”
The earthquake in the Philippines damaged many roads and bridges, with the major destruction reportedly suffered by colonial era churches. The Philippines has a total population of about 98 million, but the worst damage was suffered in the central Bohol and Cebu provinces, which have a combined population of approximately 4 million.