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The Jamaica Money Market Brokers
It's History & Achievements (to date)

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Jamaica Money Market Brokers | Portmore BranchJamaica Money Market Brokers | Portmore Branch

By Tracie Blake

JMMB is a financial institution with heavy concentration in investment brokerage. It is headquartered in Kingston, Jamaica but its services are spread across the Caribbean.


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The JMMB was started in November 1992 by Mrs. Joan Duncan. It is the 1st money market broker/dealer in Jamaica and now the third largest financial institution in Jamaica.

With the birth of her dream, JMMB’s focus is on money market transactions, securities brokerage, cambio operations (foreign exchange) and most of all managing the funds of its valued clientèle.

The team of trained professionals not only offer financial advice on your funds but also follows through and keeps in touch with clients to ensure they are getting the best returns possible on their investments.

Some of their proud achievement includes the fact that they:

  • are the largest investment brokerage house in Jamaica and the Caribbean.
  • is the third largest financial institution in Jamaica
  • is an authorized Cambio dealer which ensures ready access to the foreign exchange market.
  • offers investments in $J, $US, Pounds, Euro and $CAD.
  • provides a wide range of financial services designed to meet the varying needs of thier clients.
  • has qualified experts in local and regional financial markets &...
  • serves over 100,000 clients both locally and overseas

Today, they offer some of the best and most competitive interest rates on savings and investments to their clients.

To make themselves more competitive and above the rest in the financial market they have now commenced offering loans to clients at a very low interest rate, one of the lowest in the market place by far.

They have also expanded their reach into the community becoming the official sponsor of the Reggae Boyz Soccer Team for a friendly international match against Costa Rica on the home court in Jamaica.

This they have signed on for an additional 3 years. Hoping to add to their accolades of financial achievements, they have conducted a survey and have determined that they will be looking at opening a commercial bank in the near future.

Opening an Account

One of the greatest things about this bank is you can conduct many services online by visiting their website. One such thing is opening an account. Here are the steps you need to follow.

  1. To open a JMMB Investments account, download their Client Information Form, Risk Tolerance Questionnaire and Portfolio Advisory Services Form.
  2. To open a JMMB Bank account, download their Client Information Form, Risk Tolerance Questionnaire and JMMB Bank Account Opening Form.
  3. You will need 1 valid form of identification, 2 references, your TRN or SSN, source of funds and proof of address.
  4. Send them an email with all the relevant forms and requested information to newclient@jmmb.com. 
  5. Look out for a response by email, and a call from one of their representatives to discuss further steps within a few business days. 

Popular Questions about JMMB

  1. What's the meaning of JMMB? - Jamaica Money Market Brokers
  2. Who is the CEO of JMMB bank?- Keith Duncan
  3. What type of bank is JMMB Bank?- JMMB was originally a merchant bank but is now a commercial bank.
  4. Can I use my JMMB card in the US?- yes you can. Your JMMB card can be used at any ATM, point of sale system or merchant that accepts visa debit cards both locally and overseas. 
  5. Can I deposit at JMMB ATM? Yes, you can. At any JMMB ATM you can deposit up to 10 cheques and 90 notes at once.

The JMMB has proven itself to be among the best in providing excellent financial services to its clientèle in both Jamaica and the wider Caribbean.

For more on the JMMB, click here to visit their website.


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References & Sources For Jamaica Money Market Brokers

  1. https://jm.jmmb.com/
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