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JMD – Jamaican Dollar

 
Overview

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.

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

  • Citibank N.A.

  • Bank of Jamaica

 
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/