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BOJ Empowering You: Regulated Financial Institutions

Empowering You

18 October 2021

It is safer because Bank of Jamaica regulates financial institutions, like deposit taking institutions. Plus people who save at a DTI get deposit insurance coverage.


BOJ Empowering You: How Much Do I Save?

BOJ Empowering You: How Much Do I Save?

Empowering You

Originally uploaded on Oct 17, 2021
BOJ Empowering You: Know Your Customer (KYC)

BOJ Empowering You: Know Your Customer (KYC)

Empowering You

Know Your Customer and sometimes Know Your Client. KYC or KYC check is the mandatory process of identifying and verifying the client's identity when opening an account and periodically over time. In other words, banks must make sure that their clients are genuinely who they claim to be.
BOJ Empowering You: How To Open A Savings Account

BOJ Empowering You: How To Open A Savings Account

Empowering You

Not sure how to open a savings account? Call your local financial institution to get all the details.
BOJ Empowering You: Lessons about Financial Products

BOJ Empowering You: Lessons about Financial Products

Empowering You

All financial institutions have information about their products and services online, including their fees. Some offer savings, insurance, investment and retirement planning.
BOJ Empowering You: Is My Money Safe?

BOJ Empowering You: Is My Money Safe?

Empowering You

Once you save at a licensed bank, you are covered by deposit insurance up to 1.2 million per depositor per bank. Check out JDIC's website https://www.jdic.org/
BOJ Empowering You: Making Financial Goals

BOJ Empowering You: Making Financial Goals

Empowering You

Make a plan - and get expert advice from a licensed financial advisor
BOJ Empowering You: How Much Do I Save?

BOJ Empowering You: How Much Do I Save?

Empowering You

Originally uploaded on Oct 17, 2021
BOJ Empowering You: Know Your Customer (KYC)

BOJ Empowering You: Know Your Customer (KYC)

Empowering You

Know Your Customer and sometimes Know Your Client. KYC or KYC check is the mandatory process of identifying and verifying the client's identity when opening an account and periodically over time. In other words, banks must make sure that their clients are genuinely who they claim to be.
BOJ Empowering You: How To Open A Savings Account

BOJ Empowering You: How To Open A Savings Account

Empowering You

Not sure how to open a savings account? Call your local financial institution to get all the details.
BOJ Empowering You: Lessons about Financial Products

BOJ Empowering You: Lessons about Financial Products

Empowering You

All financial institutions have information about their products and services online, including their fees. Some offer savings, insurance, investment and retirement planning.
BOJ Empowering You: Is My Money Safe?

BOJ Empowering You: Is My Money Safe?

Empowering You

Once you save at a licensed bank, you are covered by deposit insurance up to 1.2 million per depositor per bank. Check out JDIC's website https://www.jdic.org/
BOJ Empowering You: Making Financial Goals

BOJ Empowering You: Making Financial Goals

Empowering You

Make a plan - and get expert advice from a licensed financial advisor

We are here to support financial inclusion and literacy. Explore the resources offered by the NFIS and take control of your financial well-being!

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