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Payment Instructions

General instructions for international payments to banks in JAMAICA:

To send payments to Jamaica, ensure you have all required bank information from the Beneficiary, including SWIFT BIC, account number, and beneficiary bank address. When formatting the payment: 1. Ordering Customer (SWIFT MT103 F50): Include the account number, full name (no initials), and address of the ordering customer. Using initials can delay the receipt of funds by the beneficiary. 2. Beneficiary Customer (SWIFT MT103 F59): The account number should include a 5-digit Transit Code (mandatory ... ) followed by the 9-digit account number, totaling 14 digits. Include the full name (no initials) and address (street address and city) of the beneficiary customer. Using initials may delay the receipt of funds. 3. Beneficiary Bank (SWIFT MT103 F57): Include the SWIFT BIC with branch identifier (where required), full name, and address of the beneficiary bank. SWIFT BIC is 8 or 11 alphanumeric characters: xxxxJMxx or xxxxJMxxxxx. 4. Reason for Payment (SWIFT MT103 F70): It is recommended to provide the purpose of the payment. Note: Payments from MSBs or PSPs are not supported. For additional information, refer to www.boj.org.jm. Read more

IBAN: No

Correspondent Banks

Standard Settlement Instructions (SSI) contain the list of correspondent banks for each currency.

Payment Tracking

To track a SWIFT cross-border payment to or from JAMAICA CO- OPERATIVE CREDIT UNION, LEAGUE LIMITED, you need a UETR code, reference number, amount, payment date, and currency. This information is typically found in an MT103 form.

Disclaimers

We are doing our best to demystify cross-border payments, however Ohmyfin is not responsible for any delays or losses related to usage of the information and services from our web site. Please contact your banks to receive safe advice.