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    FEATURES

    • Open an account with JA $200
    • JN 24/7 ATM card*
    • Competitive interest rates
    • Deposit and withdraw as you like

    *Conditions apply

    BENEFITS

    • Free deposits and withdrawals at JN ATMs
    • Discounts from almost 200 merchants with your JN card
    • Online banking using JN LIVE
    • Withdraw up to $50,000 daily

    For your child:

    • Your child must be 0-17 years old
    • Birth certificate (for children under 12 years old)
    • School identification card bearing student’s and princpal’s signatures, as well as date of birth (for high school students)

    Parents / Guardians:

    • Valid photo identification
    • Taxpayer Registration Number (TRN) or Jamaican Driver’s licence bearing this number OR its overseas equivalent (Social Security Number (SSN) US Resident, Social Insurance Number (SIN) – Canadian Resident), National Insurance Number (NIN) – UK Resident
    • Proof of your address. At least one of the following: utility bill not older than six months, receipt, other bills
    • Telephone number(s) – (home, work and mobile)
    • Current and valid identification
    • Occupation and name of employer (if self-employed, the nature of self-employment)
    • Two (2) reference
    • The minimum amount of JA$200

    Local Applicants (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
    • Completed Self Certification Form (Individual)

    * If a child below 16 years is to be added to this account, the child’s Birth Certificate is required.

    Overseas Applicants (Non-Residents):

    • Fully Completed CIF for all applicants
    • 2 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)
    • 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
    • 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 the original documents are presented to the UK Rep Office, do not need to be notarized.

    Interest Rates (per annum)

    JMD
    Bands New Rate EAIR
    0 - 49,999 0.02% 0.0200%
    50,000 - 99,999 0.02% 0.0200%
    100,000 - 199,999 0.02% 0.0200%
    200,000 - 249,999 0.05% 0.0500%
    250,000 - 499,999 0.05% 0.0500%
    500,000 - 999,999 0.05% 0.0500%
    1,000,000 - 1,999,999 0.05% 0.0500%
    2,000,000 - 4,999,999 0.10% 0.1000%
    5,000,000 and Over 0.10% 0.1000%

    Does my child have to be a specific age to save funds in a JN Easi Save Account?

    Yes. The JN Easi Save Account is designed for children 0-17  years-old to encourage thrift at an early age and how to set goals and objectives.

    How is interest calculated on my JN Easi Save Account?

    The interest on your savings account is calculated daily and paid once per year.

    Is the interest on the money in my child’s JN Easi Save account taxed?

    Yes. The interest on your savings is subject to a withholding tax of 25%.

    How can I check the balance in my child’s account without visiting a branch or JN MoneyShop?

    Banking with JN is convenient and easy. You can check the balance in your account anywhere and anytime by registering for JN LIVE Text Banking. To register, visit a JN branch, where a member service representative will take you through the process. You will be asked to complete a form and to provide an ‘Account Alias’. After you’ve registered, you’ll receive a card with easy steps on how to check your account balance using our text service.

    You may also check your account and conduct many other banking transactions online by registering for JN LIVE online banking at www.jnbslive.com.

    Can I transfer funds from my account to my child’s account online?

    Of course you can. Register to use our online banking platform, JN LIVE, by visiting www.jnbslive.com, and transfer funds from your account to other JN accounts or accounts at other local commercial banks. You can also wire funds to banks overseas using JN LIVE. 

    Can I open a JN Easi Save Account at a JN MoneyShop?

    Yes, you may visit any JN MoneyShop to open your account from Monday to Friday. However, we do not open accounts on Saturdays at this time. Visit our Contact Us page to find your closest JN MoneyShop or branch.

    * Notice of any rate change(s) will be provided in writing, by physical or electronic means, to our customers, 45 calendar days in advance of any such change(s) being implemented