The JMRA is committed to assisting, promoting and improving the remittance marketplace in Jamaica.
Mission
To provide active membership for regulated remittance companies in Jamaica aimed at ensuring the industry remains relevant and vibrant whilst delivering on the expectations of our consumers locally and internationally.
members for over 10 years
From The Blog
Check out the most recent articles from the JMRA Blog.
JMRA members fight money laundering
Anti-money laundering (AML) refers to a set of procedures, laws or regulations designed to stop the practice of generating income through illegal action.Further, AML refers to the mechanisms which require financial and other regulated institutions to prevent, detect and report money laundering activities. These regulations
Why do remittance companies require customer’s information?
Every customer sending or receiving money through a remittance service provider is required to provide basic information about him/herself before the funds are released. You may be wondering why this is so.
The provision of customer information not only benefits the customer, but also
Remittances: Important to the Pursuit of Education
Twenty-one-year-old Michelle Wallace has, for more than a decade, depended on remittances from abroad to assist her and her 14 year-old sister to finance their education. On September of each year, she receives money from her parents, who live in the United States of
