JN Money Transfer waives fees to assist Haiti recovery
Karen Bhoorasingh, past president of the Insurance Association of Jamaica (IAJ), and IAJ Executive Director Orville Johnson (centre) chat with Hugh Reid, president of Scotia Insurance and IAJ past president at a farewell cocktail reception for Reid at the Courtleigh Hotel.
Past president of the Insurance Association of Jamaica (IAJ), Karen Bhoorasingh (left), chat with Grace Burnett (right), chief executive officer of GK General Insurance, and Andrew Leo-Rhynie, general manager of GK General, at the IAJ’s farewell cocktail reception for Hugh Reid at the Courtleigh Hotel on Thursday, October 6.
JN MONEY Services (JNMS), operators of the JN Money Transfer brand, has waived all fees on remittances being sent to Haiti as part of its drive to assist residents in the Caribbean country.
Haitians are trying to recover from the flooding and dislocations which left more than 1,000 persons dead and others missing, following the recent passage of Hurricane Matthew. The company said the fee waiver, which took effect on October 10, will continue until October 22.
“Based on reports from aid agencies in Haiti, Hurricane Matthew has destroyed some 90 per cent of the southern region of the country and affected some 350,000 people, who are in need of assistance,” explained Horace Hines, acting general manager, JNMS. “We are aware of the hardships faced by the people of Haiti, in particular the region affected by the passage of Hurricane Matthew. Therefore, to assist with the recovery efforts, we have waived all fees to send money from UK, USA, Canada and the Cayman Islands to the country until October 22.”
This will result in persons being better able to assist their loved ones to get back on their feet.
ASSISTING LOVED ONES
Persons living in Haiti can access funds sent to them from any of the over 300 UniTransfer locations across the country. Hurricane Matthew damaged infrastructure, including hundreds of houses, and floods washed away roads and bridges.
“Whenever there is a disaster, remittances to the affected country normally increase; and, as many persons outside of Haiti seek to send funds to their relatives and friends, we have taken the decision to waive all remittance fees. This will result in persons being better able to assist their loved ones to get back on their feet,” he added.
The World Bank estimates that remittances to Haiti, with a population of about 10 million persons, form a significant portion of its gross domestic product.
JNMS, with head office based in Kingston, Jamaica, markets its services under the JN Money Transfer brand, with operations in the UK, USA, Canada, Ghana, the Philippines and across the Caribbean. The company began operating in Haiti last year.