Accounts and contracting entities
Sections ↑JMMB’s Jamaican investment relationship is not identical to its bank account. JMMB Securities Limited is the stockbrokerage subsidiary of Jamaica Money Market Brokers Limited; the latter is the investment business behind the wider account range. The trading confirmation and the agreement should identify the company providing each service.[1]
Account and portfolio choices
| Route | Published starting point and purpose |
|---|---|
| EMMA | JMD 25,000 or USD 200; stockbrokerage through Moneyline.Source 2 |
| Wealth Builder / Graduate | Each starts at JMD 50,000 or USD 500; managed goal-based portfolios rather than a second self-directed dealing interface.Source 2 |
| Sure Investor | JMD 5 million or USD 50,000; fixed investment periods of 7, 30, 90, 180 or 365 days.Source 2 |
Personal onboarding requires government photo identification, separate address evidence, a TRN or relevant overseas tax identifier, and evidence of the source of funds. The online opening route is separate from Moneyline login. A form accommodating overseas identification does not establish unrestricted acceptance of every foreign resident.[3]
Securities, funds and retired products
Sections ↑The product range includes shares, bonds and unit trusts. JMMB’s managed-fund disclosure says Jamaica Money Market Brokers may act as principal in transactions. Save Smart is retired; affected accounts were routed to Smart Achiever investments or specified JMMB Bank accounts according to activity. Tax Shelter was retired from 26 March 2026, with migration dependent on the existing relationship and balance. Neither is treated here as a new-account choice.[2]
A securities purchase, an investment plan and a deposit can sit within the same brand while having different ownership, liquidity and failure-protection rules. The migration destination therefore matters more than an unchanged group logo.
Commission and cash-movement charges
Sections ↑JMMB links this investment tariff as effective 1 September 2026. Prices include GCT; digital means Moneyline and assisted covers other channels.[4]
Published charges
| Instruction | Charge |
|---|---|
| Equity purchase or sale | Moneyline 0.70%; assisted 2%, minimum JMD 100.Source 4 |
| Local ACH payment | Moneyline JMD 19.73; assisted JMD 650; assisted clients aged 65+: JMD 19.73.Source 4 |
| RTGS outward / inward | Outward: digital JMD 200, assisted JMD 1,200, assisted aged 65+: JMD 200. Incoming: JMD 185.Source 4 |
| International USD wire | Incoming USD 23; outgoing USD 40.58.Source 4 |
| Bond custody | USD 19.73 annually per bond, collected with coupons or on sale.Source 4 |
| Coupon processing | Local JMD 48.93; global USD 9.99 above USD 50, otherwise free.Source 4 |
For JMD 100,000 of shares, commission is JMD 700 through Moneyline or JMD 2,000 assisted. These examples exclude other contract-note charges.[4]
Unit-trust early encashment
Moneyline, records and interruptions
Sections ↑The digital workflow
| Feature | Scope |
|---|---|
| Web dealing | Buy or sell stocks and inspect stock-order history, holdings and transaction records.Source 5 |
| Mobile app | iOS and Android access includes stock dealing and local or international transfers. Banking-only card functions require the relevant bank relationship.Source 5 |
| Authentication | Login uses an SMS one-time password. Missing messages may require Client Care to correct the telephone number on file.Source 5 |
| Reconciliation | Order history and statements provide different evidence: a submitted instruction is not by itself an executed and settled trade.Source 5 |
The group’s continuity plan says critical operations and communication are maintained where possible and recommends arranging standing instructions ahead of expected disruption. It also acknowledges external dependencies and does not override the client contract. This is the company’s continuity disclosure, not a test of Moneyline availability or a guarantee that every pending order can be cancelled during an outage.[7]
Funding, withdrawals and transfer routing
Sections ↑Choose the investment route, not merely the group name
| Payment | Published handling |
|---|---|
| Investment-account funding | Use the investment-specific beneficiary instructions and the client name/account in the further-credit field. Bank accounts have different instructions.Source 6 |
| ACH to investments | Maximum JMD 999,999; the guide describes settlement at 10 a.m. on the following day, subject to payment processing and cut-offs.Source 6 |
| RTGS to investments | The guide quotes four-hour settlement, compared with two hours for the bank route; this is not a universal instant-payment guarantee.Source 6 |
| Foreign currency | USD, GBP, CAD and EUR use currency-specific intermediary and beneficiary instructions. The guide directs clients to SWIFT/BIC identifiers.Source 6 |
The ACH instructions label the investment destination as a savings account for routing. That technical payment-field label does not convert an investment account into an insured bank deposit. A portfolio transfer also needs security and custodian details; these cash-remittance instructions do not establish its cost or completion time.[6]
Securities and unsettled proceeds may form part of the displayed account value. Check available cash before requesting a bank payment. For a portfolio transfer, request the specific securities, custodian and fee instructions.
Depository charges and the client quotation
| JCSD broker schedule item | Published institutional charge |
|---|---|
| Equity/depository-receipt movement | JMD 200 per symbol, paid by the receiving broker.Source 13 |
| Bond movement | JMD 600 per symbol, paid by the receiving broker.Source 13 |
| Settlement | Equities/depository receipts: 4 basis points per side; bonds: 3 basis points per side.Source 13 |
These are JCSD charges to brokers in its 2025 schedule, not an automatic JMMB retail transfer tariff. Confirm which charges are passed through and whether other broker fees apply.[13]
Investment risk and deposit insurance
Sections ↑JDIC explicitly excludes investment and securities companies and their products from Jamaica’s Deposit Insurance Scheme. Its current deposit ceiling is JMD 1.2 million per depositor per insured institution, with separate ownership-category rules; that is not a compensation promise for an EMMA portfolio. A bank account opened after an investment-account migration must be assessed under its own legal entity and eligibility.[8]
The distinction is particularly important for bonds: the issuer’s repayment obligation is separate from the broker’s administration of the holding. Naming JMMB as broker or arranger is not equivalent to JMMB guaranteeing the issue.
Help, complaints and escalation
Sections ↑Contact and dispute routes
| Route | Practical scope |
|---|---|
| Jamaica Client Care | +1 876 998 5662; [email protected]. Monday–Saturday 08:00–21:00 and Sunday 08:00–17:00, Jamaican local time.Source 9 |
| Branch or company complaint | The contact page provides a complaint route. Identify the investment company, account and disputed instruction rather than only naming the group.Source 9 |
| FSC securities complaint | Use the securities intake form with contact details, the firm’s name, correspondence and the disagreement. A representative needs written authority.Source 10 |
The FSC’s complaints remit is not an automatic damages award. It excludes matters outside its jurisdiction and identifies limits where a case is already before courts or another dispute-resolution process. Keep the original instruction, acknowledgement, contract note and complaint response together.[11]
Jamaican business and regional activity
Sections ↑This profile covers the Jamaican account route, not JMMB’s separate businesses in other countries. A 14 October 2026 company announcement identifies JMMB Securities as lead arranger and broker for the Caribbean Sustainability Bond, while naming Caribbean Sustainability Investments Limited as issuer. The described target of up to USD 250 million is a fundraising ambition, not evidence that the full amount was raised.[12]
- Headquarters
- Kingston, Jamaica
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
JMMB Securities Limited
JamaicaSource 1
No separate licence entry is recorded in this panel.
Jamaica Money Market Brokers Limited
No separate licence entry is recorded in this panel.
Sources & further reading
- JMMB Securities: Jamaican stockbrokerage identity JMMB · Accessed 20 Oct 2026
- Investment products and retirement notices JMMB · Accessed 29 Oct 2026
- Personal account opening documents JMMB · Accessed 20 Oct 2026
- JMMB Investments fee guide linked as effective 1 September 2026, including GCT JMMB · Accessed 29 Oct 2026
- Moneyline web and mobile services JMMB · Accessed 20 Oct 2026
- Bank and investment transfer instructions JMMB · Accessed 20 Oct 2026
- Business continuity disclosure JMMB · Accessed 20 Oct 2026
- What the Jamaican deposit scheme does and does not cover Jamaica Deposit Insurance Corporation · Accessed 29 Oct 2026
- Contact, branch hours and complaints JMMB · Accessed 20 Oct 2026
- Securities complaint submission Financial Services Commission Jamaica · Accessed 20 Oct 2026
- Limits of the FSC complaint process Financial Services Commission Jamaica · Accessed 20 Oct 2026
- 14 October 2026: bond arranger and broker role JMMB · Accessed 20 Oct 2026
- JCSD broker fee schedule, effective 1 January 2025 Jamaica Central Securities Depository · Accessed 29 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.