With the JN Bank Redi Savings the process of opening a saving account has been simplified to allow you ease of access to start saving for your goals.
‘Redi’ to save?
JN Bank Redi Savings makes it quick and simple!
All you need is your TRN and ID to open a Jamaican dollar account.
TRN
A national ID such as driver’s licence
(TRN not required if driver’s licence is used)
Elector Registration or Passport
You have the option to open a regular savings account, a JN Bank Partna Plan, or save for a fixed period in a JN Bank Direct Gain account.
General Account Opening Method
To open an account without restrictions on how much you can deposit, including foreign currency and chequing accounts, you will need to provide the following:
Jamaican residents
- Fully Completed CIF for all applicants
- Proof of Residential Address (recent utility bill, bank statement, other official mail, property tax receipt, lease agreement or rent receipt (rent receipts should indicate clearly the address of the property)
- Proof of Employment (letter from employer, recent pay slip or valid work ID)
- Current & Valid Identification
- Tax payer Registration Number (TRN) OR Jamaican Driver’s licence bearing this number
- Name & Telephone Contact of 2 Character References
- Completed Account Signature Card
- Completed Self Employment Verification Form
- CompletedSelf Certification Form (Individual)
Persons overseas
- Fully Completed CIF for all applicants
- Two pieces of Proof of Residential Address (Notarized copy of recent utility bill or bank statement)*
- Proof of Employment (letter from employer, recent pay slip or valid work ID)
- Two current & valid identifications duly notarized (For Non-Jamaicans, at least one ID must be a passport or permanent resident card)*
- Two 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
- Notarized copy of your Tax Number
- Completed Account Signature Card
- Letter detailing instructions to JN Bank to establish new account and any additional instructions. (Include your choice of savings and reason for opening account in Jamaica in letter)
- Completed Self Employment Verification Form
- Completed Self Certification Form (Individual)
If a child below 16 years is to be added to this account, a notarized copy of the Birth Certificate is required. Please mail all documents to our Internal Processing Centre located at 2-4 Constant Spring Road Kingston 10, Jamaica W.I. *Benefits only apply to persons residing locally. All documents are to be mailed to:
The Supervisor
Internal Processing Centre
2-4 Constant Spring Road
Kingston 10
Watch our Affordability Check
Affordability Check - Episode 2 (Credit score)
Affordability Check - Episode 3 (Importance of saving)
Affordability Check - Episode 4 (Closing costs)
Affordability Check - Episode 5 (Debt service ratio)
Affordability Check - Episode 6 (JN Mortgage calculator)
Affordability Check - Episode 7 (Paying your monthly mortgage fees)
Affordability Check - Episode 8 (Different Mortgage options)
