Why adjust our Fees?
Frequently Asked Questions about our changes to Fees and Charges:
The COVID-19 pandemic has placed immense pressure on the social and economic structures of many global economies, including that of Trinidad and Tobago. In the last year specifically, the local economy has seen an overall reduction in foreign exchange generation, high levels of excess local currency liquidity and decreasing market interest rates.
New Fees come into effect on May 01st 2021.
This updated schedule of fees and charges, which become effective on May 01st 2021, can be viewed via our website using the link https://tt.jmmb.com/banking-fees-and-charges.
Is the monthly maintenance fee on the Booster Savings Account in addition to the annual fee for the VISA International Debit Card?
Yes. There is a new monthly maintenance fee on TT$ Booster Savings accounts of TT$10.00. Annual Fees on your Visa International Debit Cards, remain the same.
In light of overall declining rates we have reviewed the interest rates offered across all of the Bank products, and have adjusted accordingly.
No. there is no fee to transfer from JMMB to JMMB accounts.
No. There is no fee at a JMMB Bank ATM using your JMMB Bank Card.
Yes. There is a charge of TT$4.00 to JMMB Clients using other bank ATMs.
Yes. Transfers to other local Banks using ACH/Automated Clearing House option attracts a fee of TT$2.00 per transaction.
Is there a charge for Point of Sale (POS) transactions locally or online transactions/online shopping?
Yes. There is a new charge on 'Point of Sale' transactions and online transactions of TT$4.00 per transaction.
All additional questions or concerns can be directed to firstname.lastname@example.org or call JMMB Client Care immediately 800-5662 Option 1 for Bank.