Information on How to Send Funds to Jamaica by Money Transfers

Of the fifteen countries in the Caribbean Community (CARICOM), citizens send capital to Jamaica more than any other country. It was documented that over $1.97 billion dollars was remitted in 2007. This figure is astoundingly high for a population of only 2.8 million people. Those who send money/payouts to Jamaica make up 39% of the populace. The means people choose to send cash to Jamaica becomes more important.


Jamaican travelers account for more than 1,037,599 migrants worldwide. A bulk of the people transferring money to Jamaica come from the US ($1.05 billion), the United Kingdom ($500 million), Cayman Islands ($152 million), and Canada ($136 million). It is estimated that as much as 800,000 migrants reside in the US. The exact number is hard to track because of the high number of illegal aliens and a lack of response to the US Census. Recently, the amount of remittance radically decreased when the United Kingdom began requiring the presentation of I.D. for any payouts under 500 Great British Pounds.


Now, the Jamaican migrants are well concentrated in New York and Miami. The Northeast area holds 59% of migrants, while the South accounts for 30% of migrants. There are Jamaican communities in every city in America.


Jamaican migrants tend to be highly educated, with over 82% having post secondary schooling. Migrant households in the United States have a high instance of female employment. Typically, Jamaicans have as many as 2-3 wage earners in each home. A large number of migrants work in health care or the service fields. On average, they send money home each month in the sum of $200-$300. The total tends to vary during specific times of the year.


In the past, the cost of sending money to Jamaica has been near to 10%. With modern technology available for Internet money transfer, companies can currently offer reusable debit cards that Jamaicans can use to transfer funds with a cost as low as $5 for every $100 transferred.


The sender merely puts money on the ATM card that is then sent to the receiver through a rapid mail service. They can reload and check balances online or by utilizing an connected 1800 company telephone number. With over 300 ATM's locations in over 70 cities, you can transfer funds to Jamaica with convenience, safety and low fees, any time you wish.

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ATMCASH is easy, convenient, and the best value when sending money across the country or across the world. We ship ATMCASH cards to over 150 countries worldwide. Send Money to Jamaica

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