CIBC FirstCaribbean has removed fees on a number of transactions at their ABMs in Jamaica, effective March 1.

Effective March 1, all ABM transactions will be free of charge to clients and customers of the bank including withdrawals, mini statements and declined transactions. ABM users will also continue to enjoy bill payments, balance enquires and deposits at no cost.

In making the announcement, Managing Director Nigel Holness said: “The bank is constantly reviewing its pricing and fee structure with a view to ensuring that our clients and customers always enjoy an enhanced banking experience with us.” 

He added: “We are particularly concerned about financially vulnerable households, which have been further challenged during the COVID-19 pandemic and wish to provide them with some relief. In addition, CIBC FirstCaribbean wants to support our clients and empower them to create long term financial wellness.”

Holness said the bank’s ABM network and online banking platforms provide vital on-demand 24-hour banking services which are key components of the superior banking experience offered by CIBC FirstCaribbean.