Banks and finance

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Member since 10 May 2014

marriedMember03 October 2017 10:31:08

I live in the US but would like the open an account in Jamaica I plan to retire there in a few years ...will it be possible to get an account there ?....and if so what are the best banks and what documents do i need

Trelawny Beachbum New member

Member since 04 October 2017

Trelawny BeachbumNew member04 October 2017 21:30:16

Most banks will welcome your business. You will need 2 forms of ID and 2 letters of references , they may also require you to get a TRN ( tax registration number , like a social security number ). The two most popular and widely used banks are National Commercial Bank the national bank and The Bank of Novia Scotia . You will find these banks in every parish and in parish capitals. Good luck.

married Member

Member since 10 May 2014

marriedMember05 October 2017 11:10:49

THANK you

Trelawny Beachbum New member

Member since 04 October 2017

Trelawny BeachbumNew member05 October 2017 15:22:11

One more think, if you are a US citizen , you will be required to fill out the FATCA documents. Foreign Account Tax Compliance Act.

https://en.wikipedia.org/wiki/Foreign_A … liance_Act

And as always , please register with the Embassy of your citizenship in Jamaica. It's always good to let your parent country know who and where you are should in case their citizens are in need of emergency assistance in cases of earthquakes , hurricanes , and such delights.