JMMB Financial Solutions for Corporates
A new kind of partnership
At JMMB, we approach all your business concerns with knowledge, enhanced by our experience, your personal touch and a genuine interest in your growth.; ultimately helping you to achieve success, in a competitive and complex financial landscape. We are aware of the different opportunities that will resent themselves while you strive to serve your clients; manage cash flow; finance further growth; and maximize business investments.
Our dedicated team of financial experts will take the time to learn your business goals and demands, and identify opportunities to customize the financial solutions that will best facilitate you success. Our capital markets professionals bring unrivalled knowledge, ability and relationships to bear on every transaction and service that supports your business. We are passionate about realizing dreams and will partner with you and your business, to realize yours.
You can trust in our treasury services to provide the expertise to assist with managing the money you entrust us with, and ensuring it gets to where it needs to go. But we don’t stop there. In addition to ACH Transfers, we offer RTGS transfers and international wire transfers to facilitate movement of funds in a timely and efficient way.
Our products and services include:
- Certificates of Deposit - Put money away in fixed maturity date, fixed interest account - one of the safest investments you can make.
- Foreign Currency Accounts - Let’s you earn interest tax-free in U.S. dollars (available only to non-residents).
- Tax-free foreign currency accounts
- Foreign Exchange Trading
- Making direct deposits to accounts held in the commercial banking system via RTGS - Real Time Gross Settlement lets you process large value, time critical payments on a real time basis
- Wire Transfer - Move money directly from your account into the account of someone else, safely and securely
- Delivery and pickup of customer transactions
- Manage Corporate Clients large balances effectively through strong relationship management
Want to know more? Contact us today and we’ll get you set up with our Treasury Services.
**Treasury services are offered by JMMB Bank (Jamaica) Limited
The JMMB Group Capital Markets Unit (“JMMBCMU”) creates tailored capital markets and investment banking solutions for our corporate, Sovereign, and quasi-sovereign agencies. We provide value-added services to our clients to help them restructure their balance sheets and and arrange debt and equity fund capital to grow their businesses.
We have a strong and well-established distribution platform and offer unique and innovative financial solutions that enhance shareholder value.
Our focus: structuring customized solutions by working closely with clients, global financial partners, and our extensive local and international investor base We tap the requisite expertise and depth of funding for highly tailored financial transactions.
Corporate Banking and Commercial Loans
Our relationship managers take the time to understand your business. We work with you to take advantage of our full range of financial products and services that can help you streamline your financial operations, manage daily business needs, and pursue your long-term plans.
Loans can either be Secured or Unsecured term loans, revolving lines (extensive lines of credit), small business loans or large corporate loans.
JMMB Retirement Solutions Corporate Account
Your employees work hard for you, so when they’ve finally finished, set them up for a happy retirement. Using cutting edge technology, we help guide your employees to take control of their financial destiny. We let them choose based on their risk appetite and contribution amount, and they can monitor the progress 24/7 through an online portal. We keep everything transparent, so there are no surprises down the road.
JMMB offers for Corporate Clients:
- Little paperwork
- Companies have the choice to contribute or not whenever they want (no commitment)
- Everything is conveniently accessible through the JMMB RS online portal
Benefits of JMMB Retirement Solutions
- Up to 20% of your annual income can be placed (before taxes) into your retirement account (10% from the employee, 10% from the employer).
- Choose between fund strategies that are conservative, moderate or aggressive (you can switch annually) at no cost.
- Investment is tax-deductible. In case of death, lump sum death benefit is payable to your beneficiaries based on allocations and the accumulated value of your retirement portfolio.
- View contributions made by employees, as well as the contributions made by the company.
- Customize with literature specific to your organization/company.
We also offer fund management of segregated pension arrangements and pooled funds. Learn more