Help us to get to know you better
The VMBS iSave account is perfect for targeted savings to achieve your home ownership and other financial goals. It offers above-average interest on your savings and the flexibility to save in J$, UK£, US$ and CDN$. The iSave requires a commitment to save every month for at least 1 year, and provides a fixed interest rate for 1 year.
If you prefer to put aside occasional deposits instead of a committed amount each month, then a VMBS Savings account can help you to amass enough funds for your home ownership goal, or plan for your short- to medium-term savings needs. Available in J$, UK£, US$ and CDN$.
If you would like to deposit money for fixed terms up to 365 days, then the VMBS iGain Certificate of Deposit would be ideal. As you work towards accomplishing your home ownership and other financial goals, the iGain can help you to earn attractive interest rates on J$, UK£, US$ and CDN$ deposits.
The VMBS iGain Premium account offers attractive fixed interest rates on J$ deposits (minimum $500,000), to help you earn more on the money you have set aside for your home ownership and other financial goals. Interest is earned annually, and funds must be held for 3 years.
VM Money Maker
The VMBS Money Maker account is suitable if you have a long-term timeline to save for your home ownership or other financial goals, and would like to receive tax-free interest. Once each deposit is held for 5 years, no withholding tax will be deducted from your interest. It is offered in J$ only with a low minimum opening deposit amount.
VM Mortgage Loan
VMBS offers attractive mortgage loans in J$, UK£, US$ and CDN$, with no processing/commitment fees, and loan terms up to 35 years. A VMBS Mortgage Loan is the perfect financial solution to help you acquire a home in Jamaica, so that you can build lasting financial security.
VM Home Equity Loan
Whether you would like to utilise the equity in your Jamaican home to improve its value, buy another property or take care of emergency needs or other financial goals, a VMBS Home Equity Loan may be the perfect option. With competitive mortgages rates and no processing or commitment fees, this loan is an affordable solution.
VM Share Loan
A VMBS Share Loan allows you to borrow up to 90% of the available funds in your VMBS account to finance your home acquisition / improvement plans or pay for other financial goals. With a loan interest rate of 4% above the applicable interest rate on your account, this loan offers very competitive rates.
The VM Wealth Repo Max Money Market Repurchase agreement can help you to invest towards achieving your home ownership and other financial goals. Repo Max is available in J$ and US$, for periods up to 365 days, and is backed by Government of Jamaica securities.
VM Managed Portfolio
If you are looking for an alternative to traditional money market repurchase investments, then the VM Wealth Managed Portfolio may be ideal for you. Available in J$ and US$, this investment can help you to achieve your home ownership and other financial goals, with the benefit of the expertise of our portfolio managers.
If you have a medium- to long-term time frame to achieve your home-ownership and other financial goals, then the VM Wealth Bond Trading investment may be suitable for you. Available in J$ and US$, bond trading may help you to earn steady income or returns above regular money market interest rates over that period.
With the VM Wealth Stock Trading services, you can trade in the Jamaican, Caribbean and global stock exchanges with flexible minimum investment amounts. If you are comfortable with higher investing risk and wish to achieve higher returns to fulfill your home ownership and other financial goals, this may be a viable option.
VMPS Real Estate Services
When you are ready to purchase your home or buy and sell property in Jamaica, Victoria Mutual Property Services can make the process easier for you! VMPS offers a comprehensive listing of properties islandwide, and provides property appraisals and valuations at competitive prices, with special discounts to VMBS mortgagees.
VMTS Remittance Services
Victoria Mutual Money Transfer Services provides fast, efficient, affordable money transfer services from persons in the United Kingdom to recipients in Jamaica. If you are planning for your home ownership and other financial goals in Jamaica, you can deposit your money directly to your VM account.
VMTS Remittance Services
Victoria Mutual Money Transfer Services is the fast, efficient, affordable way to receive money in Jamaica through our sending partners (Xoom, Ria Financial Services and Choice Money Transfer) in the USA. If you are planning for your home ownership and other financial goals in Jamaica, you can deposit your money directly to your VM account.
VMTS Remittance Services
Victoria Mutual Money Transfer Services is the fast, efficient, affordable way to receive money in Jamaica through our sending partners (Rapid Remittance and Coinstar) in Canada. If you are planning for your home ownership and other financial goals in Jamaica, you can deposit your money directly to your VM account.
If you would like to help your children to develop the habit of saving and to learn how to plan for their own goals, then the VMBS Save2Grow account is the perfect way to get them started. With as little as J$200, they can open one of three special savings plans and qualify for VM bursaries, grants or scholarships.
You are never too young to start planning for your goals! With as little as J$200, you can open a Save2Grow account which is designed to give you a head start on accomplishing your dreams. As a VMBS school saver, you also have the opportunity to qualify for bursaries, scholarships and grants to help to further your education.
VM Commercial Mortgage Loan
If you would like to buy commercial property for your business in Jamaica, or receive a loan to purchase real estate for investment purposes, then a VMBS Commercial Mortgage Loan can help you to achieve your goals. It offers competitive, variable interest rates and gives you up to 15 years to repay.
Prime Approved Retirement Scheme
Prime Approved Retirement Scheme (ARS) offers pension plans for individuals between the ages of 18 and 64 years who work in Jamaica and are not members of another pension plan. Prime ARS can help you save towards a retirement income stream in your later years, and help you to secure your major investment in your home.
Prime Retirement Planning Services
If you own a business in Jamaica and would like to help your workers to save for retirement, then Prime Asset Management can create a retirement planning solution to meet the needs of your company and employees. We offer an Approved Retirement Scheme (ARS) and pension fund administration and investment management services.