Why adjust our Fees?

 

 

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Frequently Asked Questions about our changes to Fees and Charges:

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.

New fees came into effect on 15th November 2024.

Maintenance fees on Booster Savings Accounts, In-Branch Service fees and Transaction fees have been adjusted. All fees can be viewed via our website using the link https://tt.jmmb.com/banking-fees-and-charges. 

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.  

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.

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. 

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. 

 

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