September 17, 2021

JN Money Transfer to host town hall meeting in Cayman Tue (8)

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Screen Shot 2015-12-07 at 2.41.46 PMFrom Jamaica Observer

KINGSTON, Jamaica — JN Money Services (Cayman) Limited (JNMS Cayman) will host a town hall meeting for Jamaicans living in The Cayman Islands tomorrow, to discuss issues affecting them and to update them on the company’s ongoing talks with the Cayman Islands Monetary Authority (CIMA).

The meeting is scheduled for 6:00 pm at the Family Life Centre in George Town.

In a news release today, managing director of JNMS Cayman Leesa Kow explained that the town hall meeting would provide an opportunity for JNMS to engage customers in discussions on various matters, including the recent issues resulting from the withdrawal of banking services for remittance businesses in Cayman.

“We take this as an opportunity to have dialogue with the community and to discuss the way forward,” Kow said.

Earl Jarrett, general manager of Jamaica National Building Society (JNBS) and chairman of JNMS Cayman, will deliver the main address.
Currently, more than 8,000 Jamaicans who have work permits live in the Cayman Islands. Cayman officials say that this figure represents 40 per cent of the foreign workforce in the country, the Jamaica National release said.

“Many of the Jamaicans in Cayman are customers of JN Money Transfer and are also members of JNBS, as well as our sister company in the JN Group, JN Cayman. As a result, there is a need to update them on ongoing talks with the CIMA to facilitate reimplementation of transactions in Caymanian dollars,” Kow confirmed.

IMAGE: Managing Director of JNMS Cayman Leesa Kow

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