Why adjust our Fees?
Frequently Asked Questions about our changes to Fees and Charges:
Why have fees have been adjusted?
Our bank regularly reviews its fees and charges to ensure they reflect the current economic environment and operational costs. Recent adjustments were due to changes in the local banking environment, increased service costs and enhancements to our product and service offerings.
We at JMMB strive to provide transparent communication about these changes and are committed to delivering an exceptional client experience through our products and services.
When did the new fees take effect?
New fees and charges will become effective on February 1 2026.
Which fees are new, and which have been adjusted?
The new fee to be implemented: Maintenance fees on Ez Access Private Plus Accounts.
Adjusted fees and charges:
1) Outgoing Wire Transfer (In-branch)
2) Replacement/ Renewal Fees for JMMB Visa Debit International Debit Cards (Classic, Gold and Business)
3) Monthly USD Card limits for VISA International Debit Card - Classic has also changed.
All fees can be viewed via our website using the link https://tt.jmmb.com/banking-fees-and-charges.
Where can I find the full list of fees?
This updated schedule of fees and charges, which became effective on 15th November 2024, 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. The monthly maintenance fee on TT$ Booster Savings accounts has increased by TT$2.00. Annual Fees on your Visa International Debit Cards, remain the same.
Do I have to pay for transactions to another JMMB account?
No. there is no fee to transfer from JMMB-to-JMMB accounts.
Is there a fee at the JMMB Bank ATM?
No. There is no fee at a JMMB Bank ATM using your JMMB Bank Card.
Is there a fee at other bank ATMs?
Yes. There is a charge of TT$4.00 to JMMB Clients using other bank ATMs
Is there a fee to make transfers to other banks using Moneyline (online banking)?
Yes. Transfers to other local Banks using ACH/Automated Clearing House option attracts a fee of TT$2.00 per transaction.
Is there a fee for point of sale (POS) transactions?
Yes. There is a charge of 2.5% of the transaction value or minimum of TT$4.00 on 'Point of Sale' transactions done internationally. There is no fee on Point-of-Sale transactions done locally.
For all e-commerce transactions (online shopping) or credits to your JMMB account, there is a fee of 2.5% of the transaction value or minimum of TT$4.00.
All additional questions or concerns can be directed to infott@jmmb.com or call JMMB Client Care immediately 800-5662 Option 2 for Bank.