| Jamaica can be great to visit, but if you run out of | | | | you keep the receipt. |
| money, it may become a nightmare. If your friends are | | | | You can also use banks to send money to Jamaica. |
| traveling to the area and either lose their wallet or | | | | One idea that costs no money is to open a checking |
| overspend, they might depend on you to transfer | | | | account at Bank of America, and send your friends |
| money to them until they get back. Fortunately, there | | | | the debit card that comes with it. You should send it in |
| are a few ways to send money to Jamaica, and most | | | | the mail and then call them to tell them the PIN in case |
| of the options can get the funds there within a couple | | | | it gets lost. They can then go to any Scotiabank, which |
| days. | | | | is quite common in Jamaica, and use the card at the |
| The currency in Jamaica is the Jamaican dollar, and $1 | | | | ATM to withdraw cash for free. However, if your |
| USD equals 89.15000 of them. Like any other country's | | | | funds in your Bank of America checking account get |
| currency, this amount changes often, so check it right | | | | below $25, you might get a fee. It is also possible for |
| before you send money to Jamaica to ensure that | | | | them to overdraft the account unless you keep a |
| your friends are getting the right amount. Clearly, the | | | | close eye on it and let them know how much you put |
| exchange rate is favorable right now, which means | | | | in there. |
| that you likely will not have to send as much money as | | | | If you are worried about incurring fees, you can skip |
| you might normally think. Now that you are aware of | | | | using a bank altogether and just use a prepaid debit |
| the currency, consider your options. | | | | card. It is a similar concept, except it costs $5 each |
| One of the first methods that some people consider is | | | | time you add funds to the card, about a few dollars |
| a money order. In most cities, you can head to the | | | | for your friends to withdraw money. However, you will |
| local post office to purchase an international money | | | | not risk getting any big fees, and it is less time |
| order. This is a tried and true method to send money | | | | consuming than opening a new bank account. |
| to Jamaica, but it does have its disadvantages. The | | | | These are just a few of the common methods you |
| cost is about $4, but there is a limit of $700 that you | | | | can use to send money to Jamaica. You can ask your |
| can send per day. Additionally, it will be sent by mail, | | | | friends which they prefer, or just go with the one that |
| which means it could take days to get there, if it does | | | | you feel most comfortable with. Knowing your options |
| not get lost first. However, it is still safer than mailing | | | | before you choose will hopefully help you decide. |
| cash, since a money order can usually be replaced if | | | | |