JMD – Jamaican Dollar
Fund transfers in this currency are not allowed outside of Jamaica.
Besides this limitation, this currency is considered to be standardized.
- Currency Guidelines
Besides the standard information, the physicall full beneficiary's address is mandatory.
A clear reason / purpose of payment is recommended and consists of a full written description (in English) of the nature of payment to be provided in the remittance information. For example: providing an invoice number without guiding text is considered as insufficient and can result in errors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Additionally, it is mandatory to provide in the remittance information the beneficiary's bank transit code if the payment is going to the following banks:
Bank of Nova Scotia
First Global Bank
Bank of Jamaica
- Instructions, technical guidelines & more
To consult the Technical Guidelines of this currency, click hereTECHNICAL GUIDELINES
- Additional information
- • Available charge options: OUR/SHA/BEN
• Central bank of Jamaica: http://www.boj.org.jm/