Why do I need investment advice?
An informed investor is a successful investor. Successful wealth creation requires an intimate understanding of the financial markets. While you may not have the time or the expertise to keep up the dynamic bond, money and stock markets, our in house research department spends each day monitoring the financial markets both locally and overseas. Any of our wealth managers will be able to provide you with timely relevant information that will help you build the ideal portfolio for your wealth objectives. Visit our Advice and Planning page for more information.
What currencies can I invest in?
We offer investments in all major currencies: GBP, Euro, USD, Canadian and Jamaican dollars. We are able to facilitate the exchange of most major companies through our bank.
Do you accept cash?
Cash lodgments are facilitated through National Commercial Bank branches island-wide. Please be sure to indicate to the bank representative the type of investments (stocks, money market or bonds) in which you are interested, so that the correct account may be credited.
What rates are you paying on your accounts?
Market conditions may cause rates to vary. Please contact our customer service representatives or your wealth manager for this information.
What is the minimum to open an account?
The minimum amount required to open an account varies based on product. Please contact your Wealth Advisor for more details.
Am I subject to tax on my investment as an overseas resident?
Yes you are. However, if you are domiciled outside of Jamaica, you may be eligible for a reduced rate of taxation. The rate is determined by the taxation treaty, which exists between your country and Jamaica. Country Rate United States 12.5% Canada 15% The United Kingdom 15% CARICOM 15%. Please contact our client relations officer or your wealth advisor for other countries.
I have lost my Share Certificates, how can I redeem them?
Please contact your NCB Capital Markets Wealth Advisor to assist you with redeeming your Share Certificates.