Jamaica - US Banks and Local Correspondent Banks (2024)

Canadian banks are the dominant players in the banking sector. Citigroup currently operates in Jamaica, but it does not offer retail-banking services. The Jamaica National Building Society and Victoria Mutual Building Society are Jamaican financial institutions with offices in the U.S. All Jamaican commercial banks have correspondent U.S. banking arrangements.

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.

Jamaica - US Banks and Local Correspondent Banks (2024)

FAQs

Which US Bank is in Jamaica? ›

Since 1960, Citi established operations in Jamaica.

Can you use Bank of America in Jamaica? ›

To use a smartphone, just pull up to our drive-thru ATM in Jamaica, select your Bank of America debit card from your digital wallet, hold your phone to the contactless reader, enter your PIN and start your transaction.

Which international Bank is the best in Jamaica? ›

National Commercial Bank Jamaica Limited (NCB) has been named 2024 Best Private Bank in Jamaica and 2024 Best Foreign Exchange (FX) in Jamaica by Global Finance, a prestigious international finance publication.

How do I open a Bank account in Jamaica from the US? ›

2 Current & Valid Identifications duly notarized. (For Non-Jamaicans, at least one (1) ID must be a passport or permanent resident card) 2 Completed Character Reference Form (Non-Jamaicans need at least 1 referral from a reputable financial institution) Notarized copy of Birth Certificate for Minors and Non-Jamaicans.

Which American banks have branches in Jamaica? ›

Citigroup currently operates in Jamaica, but it does not offer retail-banking services. The Jamaica National Building Society and Victoria Mutual Building Society are Jamaican financial institutions with offices in the U.S. All Jamaican commercial banks have correspondent U.S. banking arrangements.

Is Scotiabank affiliated with Bank of America? ›

That's why Scotiabank is proud to be a founding member of the Global ATM Alliance, along with Bank of America, BNP Paribas, Barclays, Deutsche Bank 24, and Westpac. Scotiabank customers can withdraw cash from participating member ATMs without paying any access fees.

Can I stay in Jamaica and open a US bank account? ›

You must be living in the U.S. to open your account. You'll need to provide both a foreign and U.S. address, as well as two forms of ID and a tax identification number.

Are there American ATMs in Jamaica? ›

Never count on an ATM working. There are three types of ATM's on the island: 1) those that issue only Jamaican dollars, 2) those that issue only US dollars, and 3) those that issue both Jamaican dollars and US dollars (you need to specify which currency you want).

Which USA bank is for international? ›

Citibank. Citibank is one of the best international banks in the US for expat banking because of their very international model. It currently physically operates in 97 markets 2, supporting clients from more than 160 countries, making access to their ATMs more convenient.

Which bank is the safest in Jamaica? ›

National Commercial Bank Jamaica Limited (NCB) on LinkedIn: NCB is Jamaica's Safest Bank for The Tenth Consecutive Year.

What is the safest bank in the Caribbean? ›

According to Global Finance Magazine, Banreservas was voted as the best Caribbean bank.

Can I open a Jamaican bank account online? ›

Choose from our range of Saving or chequing/day-to-day and even foreign exchange accounts. Opening an account online gives you the flexibility to bank on your own time, and do it all digitally.

Do US debit cards work in Jamaica? ›

Almost all Caribbean destinations accept U.S. credit or debit cards. If you're planning to use your credit cards, you'll want to check with each credit card company to determine the international exchange fee for each card.

What American bank is worldwide? ›

JPMorgan Chase & Co. is an American multinational financial institution headquartered in New York City and incorporated in Delaware. It is the largest bank in the United States and the world's largest bank by market capitalization as of 2023.

Top Articles
Latest Posts
Article information

Author: Moshe Kshlerin

Last Updated:

Views: 5847

Rating: 4.7 / 5 (57 voted)

Reviews: 88% of readers found this page helpful

Author information

Name: Moshe Kshlerin

Birthday: 1994-01-25

Address: Suite 609 315 Lupita Unions, Ronnieburgh, MI 62697

Phone: +2424755286529

Job: District Education Designer

Hobby: Yoga, Gunsmithing, Singing, 3D printing, Nordic skating, Soapmaking, Juggling

Introduction: My name is Moshe Kshlerin, I am a gleaming, attractive, outstanding, pleasant, delightful, outstanding, famous person who loves writing and wants to share my knowledge and understanding with you.