Select All

PDF IS LOADING

"Please wait while the document is being prepared."

JMD – Jamaican Dollar

Overview

Fund transfers in this currency are not allowed outside of Jamaica.

Besides this limitation, this currency is considered to be complex (complex processing).

Currency Guidelines

Besides the standard information, 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 account type : can be either TYPE SA (savings) or TYPE CA (checking account)
• The bank and branch code of the beneficiary’s bank

Instructions, technical guidelines & more

To consult the Technical Guidelines of this currency, click here

TECHNICAL GUIDELINES
Additional information
• Available charge options: OUR/SHA/BEN
• Central bank of Jamaica: http://www.boj.org.jm/