JN Money Services Limited (JNMS), operators of the JN Money brand, has implemented a 50 per cent discount on sending fees for remittances sent to Jamaica using JN Money.

The waiver was initiated on the eve of Hurricane Beryl’s approach on July 2 and was extended to July 6 to facilitate Jamaicans overseas who want to help in the recovery process of relatives and friends affected by Hurricane Beryl. The waiver applies to funds sent from a JN Money branch location or via JN Money Online.

Horace Hines, general manager of JN Money, says the waiver is a demonstration of the company’s commitment to partner with the diaspora and facilitate their efforts in the rebuilding and development of the nation.

Although the category four Hurricane Beryl did not make landfall in Jamaica, its brush damaged and even destroyed several homes and buildings, as well as road infrastructure and powerlines, especially those in communities in the southern parts of St Elizabeth, Clarendon and Manchester. It also affected many livelihoods, particularly farmers.

Hines said JN Money is committed to playing its part in helping Jamaica and Jamaicans to recover from the devastation.

“Although we don’t have all the data currently, we know that many are Jamaicans who depend on remittances, therefore, it was important for us facilitate any effort to ease the burden and support their recovery,” he explained.

He revealed that the company’s response was partly catalysed by an outpouring of inquiries from members in the diaspora, given JN Money’s involvement in recovery efforts following Hurricane Ivan, Hurricane Dean and Hurricane Sandy, in 2004, 2007 and 2012, as well as Tropical Storm Gustav in 2008.

“The part we play in facilitating the diaspora in the rebuilding phase is well known and we are committed to maintaining that partnership so Jamaicans overseas can help in the recovery and development of the country,” said Hines.

JN Money operates through strong and vast network of some 8,000 branches and agents in the United States of America, Canada, the United Kingdom, the Cayman Islands and the Philippines. It also has agents in Guyana, Turks and Caicos as well as Antigua.

Hines noted that the waiver is part of JN Group’s wider Hurricane Recovery Programme targeted at identifying the immediate needs of members, customers and their communities following Hurricane Beryl, and assisting them to build capacity to respond to future occurrences.