Bank customers face $5,000 charge?

J$5000Jamaica’s commercial bank customers could face a $5,000 charge for each transaction made through banks above the threshold of $1 million by way of cheques commencing May 2, this year. The central bank – Bank of Jamaica announced a lowering of the amount that can be allowed through the Automatic Clearing House (ACH) to $1 million without a charge and amounts of cheques over that level will incur the $5,000 charge. Banks will pass the charge onto their customers.
According to the release from the central bank, “banks will be required to target 100% of all payments and transfers that are above the $1 million threshold for migration to JamClear®-RTGS.
The following will become applicable with regard to compliance with the stated target: Commercial banks that are fully compliant with the targeted threshold of J$1 million for those payments and transfers that are processed through the ACH will incur no charge. Commercial banks that are not compliant with the targeted threshold of J$1 million for those payments and transfers that are processed through the ACH will incur a charge.
Bank of Jamaica disclosed that “the decision was informed by extensive discussions and is fully supported by the National Payments Council of Jamaica. The new threshold marks the culmination of the phased programme to significantly reduce, if not eliminate, settlement risk to the safety and security of the national payment system which is posed by large value transactions that are processed through the ACH for settlement on a deferred net settlement basis.”

About IC Insider.com
Обновили на порносайте pornobolt.tv порно страничку о том как парень выебал пизду мачехи, которая устала от своего муженька Комиксы, Манга читать онлайн на Русском языке

Brand new Partner with our doctors to make you happy is Omtogel RTP

Play Pin-up aviator Slots and e-Diet in Polska.