JN Money Services Limited (JNMS), operators of the JN Money brand, has introduced a 50% discount on remittance fees for funds sent to Jamaica using JN Money. This initiative was launched on the eve of Hurricane Beryl’s approach on July 2 and extended until July 6 to support Jamaicans overseas who wish to assist their relatives and friends affected by the hurricane. The discount applies to transactions made at JN Money branch locations or via JN Money Online.
Horace Hines, General Manager of JN Money, emphasized that this fee waiver demonstrates the company’s commitment to partnering with the diaspora and supporting their efforts in the nation’s recovery and development.
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Although Hurricane Beryl, a category four storm, did not make landfall in Jamaica, it caused significant damage to homes, buildings, road infrastructure, and powerlines, particularly in southern St. Elizabeth, Clarendon, and Manchester. Many livelihoods, especially those of farmers, were severely impacted.
Hines reaffirmed JN Money’s dedication to aiding Jamaica and its citizens in the recovery process. “Even without complete data, we understand that many Jamaicans rely on remittances. It was crucial for us to facilitate any effort to ease the burden and support their recovery,” he explained.
The company’s response was driven by numerous inquiries from diaspora members, reflecting JN Money’s history of involvement in recovery efforts following previous hurricanes, such as Ivan (2004), Dean (2007), and Sandy (2012), as well as Tropical Storm Gustav (2008).
“Our role in facilitating the diaspora during the rebuilding phase is well established, and we are committed to maintaining this partnership to help Jamaicans overseas contribute to the country’s recovery and development,” said Hines.
Hines noted that the fee waiver is part of the JN Group’s broader Hurricane Recovery Programme, which aims to identify the immediate needs of members, customers, and their communities following Hurricane Beryl and to assist them in building capacity to respond to future disasters.
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. It also has agents in Guyana, Turks and Caicos, and Antigua.
