October 19, 2025
Sagicor increases fee for ABM withdrawal from other banks
KINGSTON, Jamaica — Sagicor Bank says its fee for automated banking machine (ABM) withdrawals from other local banks will increase on Monday, October 20.
The fee will move from $59.23 to $61.53, affecting Sagicor customers who use ABMs at other local banking institutions to retrieve cash via the multilink network.
Sagicor says the increase follows adjustments by Multilink operator JETS Limited.
The bank said it also reduced the amount of cash customers can retrieve per transaction, from $100,000 to $50,000, earlier in October. The daily withdrawal limit of $100,000 remains the same.