Smart Business Account JMMB Advantage Attorney Advantage Certificates of Deposit
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Smart Business Account (for SMEs)

Optimize your operations

Being a business owner is a full-time job and a role that changes constantly. At JMMB Bank, we offer a new type of partnership. We understand and care about the unique needs that come with operating a business, by offering flexibility, partnership and expert advice to support your successful growth. For you, we’ve created the Smart Business account.

The JMMB Smart Business solution is an interest- bearing current account, giving you the opportunity to maximize the value of every dollar earned.

 

The qualifications

  • Registered Businesses with annual revenue under J$450 Million (or US$ equivalent)
  • Starting with a minimum deposit of:
    • J$5,000
    • US$500
    • CA$500
    • £500
    • €500

The benefits

  • No nuisance fees: Never have to deal with monthly service fees, account dormancy fees, and minimum monthly balance requirements. (Some transactions with attract a charge.)
  • Convenient access: Enjoy free deposits , withdrawals, and cheque encashments in branch (up to J$1 million)
  • Easy payments: Enjoy free bill payment and free inter and intra-bank transfers, within Jamaica
  • Interest accumulation: Earn interest and grow your company’s money over time

The details

 

Get Started Today! Visit your nearest JMMB branch or contact us via email  to open your account. 

 

**JMMB Smart Business account is offered by JMMB Bank (Jamaica) Limited

**All bank deposits are insured up to J$1,200,000.00 by the Jamaica Deposit Insurance Corporation (JDIC) scheme

“I HAVE A START-UP AND JMMB ANSWERED ALL MY QUESTIONS AND HELPED ME THROUGH EVERY STEP OF SETTING UP AN ACCOUNT FOR MY BUSINESS.” - tylER

JMMB Advantage 

Why wait for interest?

Sometimes, it’s nice to eat dessert before dinner. Play before work. Get your reward first. Wouldn’t it be nice if you didn’t have to wait until the end of the deposit period to get your interest payment? With our JMMB Advantage solution, you get your interest payment at the start of the deposit period after the clearing period of deposit cheque, rather than at the end. We even let you borrow against your account.

The qualifications

  • Individuals or companies
  • Living/based in Jamaica or abroad
  • Starting with a minimum deposit of: J$500,000, US$10,000, CA$10,000, £10,000 or €10,000

 

The benefits

  • No waiting: Enjoy your interest upfront
  • Time value of money: Use your interest now rather than later
  • Competitive rates: Grow your money fast, with competitive interest rates
  • Convenience: Earn an early reward (interest payment is at the start of the deposit period)

The details

  • Deposit period is up to 365 days
  • The interest rate will be fixed for the agreed period
  • You can borrow up to 80% of your principal
  • Clearing period: J$ cheques: 7 days; foreign cheques: 30 days

 

Get Started Today! Visit your nearest JMMB branch or contact us via email  to open your account. 

 

**JMMB Advantage is offered by JMMB Bank (Jamaica) Limited

**All bank deposits are insured up to J$1,200,000.00 by the Jamaica Deposit Insurance Corporation (JDIC) scheme

JMMB Attorney Advantage Account

 

At JMMB Bank, we understand the unique banking needs that you have, as an attorney-at-law. Managing client funds, staying compliant, and running a seamless practice can be challenging to manage. That’s why we’ve created the JMMB Attorney Advantage Account – a specialised current account designed just for you.

 

How It Works: Banking Made Simple for You

 

  1. Client Fund Separation Made Easy
    You can create individual sub-accounts for each of your clients, ensuring clear and independent tracking of funds. No more juggling multiple operating accounts – everything you need is organised in one place.
  2. Simplified Reconciliation
    Each sub-account comes with a unique account number, eliminating the need for manual reconciliation. You’ll spend less time on paperwork and more time on what matters, your clients.
  3. Independent Transactions
    You can conduct transactions directly to or from sub-accounts, ensuring seamless fund management, while maintaining transparency and compliance.
  4. 24/7 Digital Access
    You can manage your accounts anytime, anywhere with JMMB Moneyline, JMMB’s online banking platform. Access statements, track transactions, and execute payments with just a few clicks.
  5. Multi-Currency Flexibility
    You can open accounts in JMD, USD, GBP, CAD, or EUR, with a minimum deposit of J$5,000 or $500 in foreign currency.
  6. Earn Competitive Interest Your funds work for you.
    Earn interest on both your main account and sub-accounts, helping your firm grow, while managing client funds.
  7. JMMB Bank Business Visa Debit Card
    You’ll enjoy easy access to your main account with a dedicated JMMB Bank Business Visa Debit card, making everyday transactions quick and hassle-free.

 

Why Choose the JMMB Attorney Advantage Account?

  • Streamline Your Practice: You can separate client funds without the need for multiple operating accounts.
  • Enhance Client Trust: Transparent, independent sub-accounts build confidence and credibility with your clients.
  • Save Time: Automated tracking and reporting mean less manual work for you.
  • Grow with Ease: There’s no limit on sub-accounts – your account grows as your firm expands.
  • Stay Compliant: You’ll meet all regulatory requirements effortlessly.

 

Who Can Apply?

The JMMB Attorney Advantage Account is available to:

  • You, if you’re a licensed attorney with a valid Practicing Certification in Jamaica, from the General Legal Council.
  • Your law firm, if it’s compliant with JMMB Bank’s KYC and AML procedures.

 

Ready to Simplify Your Practice?

Take the first step towards a more efficient, organised, and client-focused practice. With the JMMB Attorney Advantage Account, you’ll have the tools to manage your finances with confidence and ease.

 

Get Started Today! Visit your nearest JMMB branch or contact us via email  to open your account.

Let’s work together to elevate your practice and build trust with your clients.

 

**JMMB  Attorney Advantage is offered by JMMB Bank (Jamaica) Limited

**All bank deposits are insured up to J$1,200,000.00 by the Jamaica Deposit Insurance Corporation (JDIC) scheme

Certificates of Deposit (CD)

Be smart. Be secure. Save in a CD

You’ve worked hard for your money. So when you have the capital to save, you want to do it wisely. You want to see your money grow, but you also want to play it safe. We don’t blame you. If you want the best of both worlds, deposit funds in a secure, interest-bearing account (with attractive returns) with a Certificate of Deposit (CD). This is a worry-free deposit, as you’re guaranteed a return on your funds.

The qualifications

  • Individuals or companies
  • Living/based in Jamaica or abroad
  • Start with a minimum deposit of
  • J$2,000
  • US$1,000
  • CA$1,000
  • 1,000

The benefits

  • Competitive Returns: Earn higher interest rates than on ordinary savings accounts
  • Security: Breathe easy, your funds are insured by the Jamaica Deposit Insurance Corporation*

The details

  • Your funds are placed for a fixed time period, at a fixed interest rate
  • Interest and principal are paid at maturity

 

Get Started Today! Visit your nearest JMMB branch or contact us via email  to open your account. 

 

**CDs are offered by JMMB Bank (Jamaica) Limited

**All bank deposits are insured up to J$1,200,000.00 by the Jamaica Deposit Insurance Corporation (JDIC) scheme

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