Mon | Jul 23, 2018

JN Bank introduces online account opening for members

Published:Monday | February 20, 2017 | 12:06 AM
Managing director of JN Bank Limited, Maureen Hayden-Cater.

For members whose account information is fully up-to-date in accordance with Know Your Customer (KYC) policy, JN Bank has introduced online account opening via its new website,

JN Bank said the secure, sleek metro-designed site is easy to navigate, allowing existing account holders to open new accounts online, without visiting a branch.

"It's a bold move on our part to provide more convenient services to Jamaicans and to raise their level of confidence when doing business with the financial sector," said Maureen Hayden-Cater, managing director, JN Bank.

"It breaks down the fear of going into a bank to complete a variety of documents, as existing members can apply online, at their own convenience."

Hayden-Cater said it also "improves the efficiency of branches, as we can gradually reposition our front line employees, to focus on consultative banking activities, which drives member hospitality".




She noted that soon JN Bank will be expanding its site to allow members, who do not have all their records, such as phone numbers and valid identification, up-to-date with the commercial bank; and also non-JN members, to complete most of the account opening process online, but, not the entire process.

The website also has other smart features, such as its ability to assist users to determine the right savings account to satisfy their financial outcomes. They will be directed to answer a series of five simple questions, which includes the sum they wish to save, and the tenure.

"The website then suggests the savings account that's best suited to help you to achieve your target or intent," Hayden-Cater said.

Users can also calculate the actual interest they will be able to earn on their deposit, using a savings calculator, which is also available on the website, to assist with their decision-making.