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Swift Wire Transfer Instructions

Following Jamaica National’s recent membership in Worldwide Interbank Financial Telecommunication (SWIFT), members are now able to wire funds (USD, CAD, GBP or EUR) directly to their account using the Bank Identifier Code (BIC) / SWIFT CODE – JNBSJMKN as follows:

USD
Intermediary Bank: CITIUS33
Beneficiary Bank Name: Jamaica National Building Society
Routing Method: SWIFT
Swift Code: JNBSJMKN
Beneficiary Account #: (Account # To Be Credited And Name)

 

CAD
Intermediary Bank: CITICATTBCH
Beneficiary Bank Name: Jamaica National Building Society
Routing Method: SWIFT
Swift Code: JNBSJMKN
Beneficiary Account #: (Account # To Be Credited And Name)

 

GBP
Intermediary Bank: CITIGB2L
Beneficiary Bank Name: Jamaica National Building Society
Routing Method: SWIFT
Swift Code: JNBSJMKN
Beneficiary Account #: (Account # To Be Credited And Name)

 

EUR
Intermediary Bank: CITIGB2L
Beneficiary Bank Name: Jamaica National Building Society
Routing Method: SWIFT
Swift Code: JNBSJMKN
Beneficiary Account #: (JNBS Account # To Be Credited And Name)

WIRE TRANSFER FEES

Fees for Incoming Wires above $100 in the applicable currency unit are:

  • USD $30
  • CAD $30
  • GBP  £20
  • JMD $235 (above J$2 million below J$1 million – J$18)
  • Pension Expediter – associated fee is £3 or J$400 for incoming above £200 , associated fee is £2 or J$200 for incoming below £200
  • Euro no service charge

Fees for Outgoing Foreign Currency Wires are:

  • J$3,550 from Branches
  • J$4,000 from MoneyShops

ACH local transfer

  • J$18 below J$1 million

RTGS local transfer

  • J$235 any amount

MAXIMUM VALUE OF TRANSACTIONS

The Bank of Jamaica has reduced the maximum value of transactions processed through the Automated Clearing House (ACH) from $2M to $1M, effective May 2, 2016. This is an effort to significantly reduce risk and improve efficiency of the National Payment System.

N.B Charges are calculated at the day’s rate if funds received are being credited to a Jamaican Dollar Account.