Jamaica & Forex Trading

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Revision as of 18:36, 27 August 2023 by Admin (talk | contribs) (Created page with "= Update From - 2021-05-18 = As of the date above - it came to my attention that BNS / Scotiabank Jamaica is no longer allowing transactions to or from Forex brokers. They are explicitly blocking transactions done – tested and confirmed after finding out. <s>JN credit cards</s> and NCB debit cards are confirmed working. Uncertain if BNS credit cards will work. Tested in October of 2022. JN Visa Credit Cards no longer work for broker deposits. There are reports that...")
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Update From - 2021-05-18

As of the date above - it came to my attention that BNS / Scotiabank Jamaica is no longer allowing transactions to or from Forex brokers. They are explicitly blocking transactions done – tested and confirmed after finding out.


JN credit cards and NCB debit cards are confirmed working. Uncertain if BNS credit cards will work.


Tested in October of 2022. JN Visa Credit Cards no longer work for broker deposits. There are reports that some persons get through, but I guess it depends on the broker. Uncertain if Sagicor works, but confirmed that both credit and debit cards from NCB are functional. Some persons have stated that they only use Sagicor.


Last update to this information was in 2023-08 (August).


Wire transfers TO your local account will not have any restrictions.


While it’s known that Forex has gotten more difficult to partake in, this comes as a bit of a shock to me.


This will be updated as I receive more data. There are other banks, but I don’t have accounts everywhere so I can’t test them all. Once I get more confirmed details I’ll update this post or create a new one with full details.

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