JN Money Services Limited (JNMS), which operates the JN Money brand, has introduced a 50% discount on remittance fees for funds sent to Jamaica.
This discount was launched on July 2, just before Hurricane Beryl’s approach, and has been extended to July 6 to support Jamaicans abroad who want to assist their relatives and friends affected by the hurricane. The discount applies to funds sent from JN Money branch locations or through JN Money Online.
Horace Hines, the general manager of JN Money, highlighted that this discount underscores the company’s commitment to partnering with the diaspora to aid in the nation’s rebuilding and development efforts.
Although Hurricane Beryl, a category four storm, did not make landfall in Jamaica, it caused significant damage, particularly in the southern parts of St. Elizabeth, Clarendon, and Manchester, affecting homes, buildings, road infrastructure, power lines, and especially farmers’ livelihoods.
Mr Hines said JN Money is committed to playing its part in helping Jamaica and Jamaicans to recover from the devastation. “Although we don’t have all the data currently, we know that many are Jamaicans who depend on remittances, therefore, it was important for us to facilitate any effort to ease the burden and support their recovery,” he explained.
The company’s prompt response was influenced by numerous inquiries from the diaspora, given JN Money’s previous involvement in recovery efforts following Hurricanes Ivan, Dean, Sandy, and Tropical Storm Gustav in past years. “Our role in facilitating the diaspora’s contribution to rebuilding is well-known, and we are committed to maintaining that partnership,” said Hines.
JN Money operates through a vast network of approximately 8,000 branches and agents in the United States, Canada, the United Kingdom, the Cayman Islands, and the Philippines, with additional agents in Guyana and Antigua.
Hines noted that this fee waiver is part of the JN Group’s broader Hurricane Recovery Programme, which aims to identify and address the immediate needs of members, customers, and their communities in the wake of Hurricane Beryl, and to enhance their capacity to respond to future disasters.
