Hidden costs – is your bank taking your money?

December 9th, 2018

Picture this scene, you haven’t used an account for around a year because you moved some funds around.  However you have decided that you would like to reactivate the bank account. It should be a simple issue right? After all if you don’t have a loan or any other outstanding amounts due you should be [...]

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Manager’s cheques – a thing of the past?

April 21st, 2011

We all know that writing large cheques may be beyond the average Jamaican. However, there are some transactions in business and large purchases such as homes that might necessitate such cheques. Effective April 1, 2011, the Bank of Jamaica has informed all banks that they are to use same day electronic transfers instead of writing [...]

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