The VM Group’s foundation is built on trust, security and commitment, and for decades, has transformed the lives of Jamaicans by enabling them to achieve their financial goals.
As a strong integrated financial group, we have services spanning, Savings and Loans, Wealth Management and Financial Advisory, Real Estate, Money Transfer, Pension Administration and Investment Management, as well as Property, Casualty and Liability Insurance.
Firmly rooted in Jamaican soil, VM Group has footprints globally, backed by a commitment to satisfy the financial needs and desires of Jamaicans living overseas. We currently have Representative Offices in New York and Florida in the United States and Tottenham, Brixton and Birmingham in the United Kingdom.
Maintaining key relationships with members of the Jamaican diaspora is paramount. And we are proud to celebrate with you, and by extension, the Union of Jamaican Alumni Associations (UJAA) on 31 impactful years of investing in the well-being of local and overseas based Jamaican students. Your commitment to the development and advancement of the youth of Jamaica through your various initiatives is admirable.
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VM Building Society was founded on the dreams of providing equal access to home ownership and achieving general financial well-being. Highly equipped with an experienced team, Members and prospects can receive expert guidance on VMBS’ savings and loan products and services based on personal goals and interests.
The savings account is where it all begins. You can choose from a wide range of products to suit your needs.
The savings account is where it all begins. You can choose from a wide range of products to suit your needs.
The savings account is where it all begins. You can choose from a wide range of products to suit your needs.
Our Savings solutions are geared at helping you to save towards your goals, whether it’s a well-deserved vacation or to ensure sound financial health. As a Mutual Financial Institution, VM savers have a unique advantage. VM is owned by its Members, and not shareholders, so the business’ surplus goes back into delivering greater returns to Members through low or no fees and highly competitive savings rates.
Mortgages are also offered at very competitive rates and the team of caring experts has all the information to help returning residents hit the ground running for the new chapter of their lives back on the island or for those who are interested in that much desired vacation home or income earning opportunities through real estate investment in Jamaica. Owning real estate is a major commitment, and to make this process a seamless experience, all VM Representative Offices are able to process mortgage loan applications and provide the requisite guidance to ensure that the journey of purchasing a property is pleasant and rewarding.
The VM Drive Auto Loan continues to be a favorite among Members. Members are able to access up to 100 percent financing, access discounts on auto insurance while making low monthly payments. The return to Jamaica will be so much sweeter with no restrictions on movement. From Negril to Morant Point, the island is waiting to be explored.
Need to fund your account from overseas? View and download our detailed information guide on how to get your funds transferred today.
We all need a flexible and secure channel to send or receive money, and what better way to accomplish this than through VM Money Transfer? Our loved ones deserve the best, and we are ready to deliver.
Customers can visit our agents overseas, or go online to initiate transfers from our partners:
Complete the required information to send money to the account, be sure to select VMBS when sending direct to an account
A text notification will be sent to the receiver, informing them of the transaction.
Transaction going to VMBS account for the first time will require basic information to have funds transferred to an account. We invite receivers to visit our website and complete the authorization form on our website. After that, funds will be sent to customers’ accounts within minutes.
Once the transaction is complete, the receiver will also receive a notification indicating that the transaction was deposited to the selected account.
We can only deposit funds from Xoom to VMBS and JN accounts. All other partners we can send to all commercial banks.
We’re a premier provider of wealth management services, security trading and sales, investment advisory services and corporate solutions. Our expert and caring wealth managers are committed to transforming lives and are ready to support you in getting started on your investments path.
Diversify your investment portfolio with Unit Trust solutions.
Select stocks that suit your medium to long-term goals.
Invest funds needed for the short term in this predictable performer.
Create a medium to long-term strategy with corporate bonds and access higher yields.
Purchase more investments and leave your original investment untouched.
Make a request at any time, let’s get you started on our client access portal.
Let’s build and oversee a portfolio of investments that meets your financial goals.
When you invest your funds in a VM Wealth Unit Trust, you get access to a range of assets in each fund. We remove the need to research and manage individual investments. It’s all done for you. We make it easy to build a more diversified portfolio that matches your goals. Whether it’s accelerated growth or long-term wealth preservation, we have a fund for you.
You deserve to build wealth without boundaries. At VM Wealth, we facilitate trading in JMD and USD stocks through individual investments and our Equity based Unit Trust. So however you prefer to invest, we have you covered.
VM Wealth Management’s Money Market products are designed to offer stability of capital, liquidity, and predictable income.
Are you looking for a secure investment option to help you meet your medium to long term goals? Bonds may be your answer! Invest in Bond offers from solid companies and governments from across the Caribbean.
If your financial objectives include gaining regular tax-deferred income throughout the year and you have a higher appetite for risk, then bonds are the ideal investment solution for you.
Make your investments work even harder for you. Need short term funding for your needs without disrupting your investments? Look no further, a margin loan solution is the product for you.
We realize that speed, access to information and the ability to navigate at your pace in important to building your wealth. That is why we have a range of options for you to access wealth management online. If you would like to check on your investment or make a request at any time, night or day, let’s get you started on our client access portal.
If you are trading stocks, JTrader is a great place to start.
We recognize that your investment goals are unique. Our Private Portfolio Management Team will work with you to design a plan that matched your specific objectives, then consistently research, monitor and adjust based on your growth path.
Wire Instructions to Jamaica Via USA | |
---|---|
Beneficiary Bank | CitiBank, NA |
Address | 111 Wall Street New York, NY 10043 USA |
Swift Code | CITIUS33 |
Routing/ABA # | 021000089 |
Beneficiary Account Name | Victoria Mutual Wealth Management Limited |
Beneficiary Bank Account # | 36259153 |
For Further Credit To | Client’s Name and VMWM Account # |
Account Name | Victoria Mutual Wealth Management | |||
---|---|---|---|---|
Investment Type | Unit Trust JA$ | Unit Trust US$ | Equity Trading JA$ | Equity Trading US$ |
VMBS Bank Account Number Savings Account 8-10 Duke Street Kingston | 218-241-23 | 961-940-97 | 218-241-23 | 961-940-97 |
NCB Bank Account Number Chequing Account 1-7 Knutsford Blvd Kingston 5 | 351-101-563 | 351-088-524 | 351-142-533 | 351-088-524 |
Remarks | Client Name & Account # |
Funds should be deposited to our Unit Trust bank account or our Citi Bank account. The proof of deposited should be email to Client Services, instruction to purchase gift certificate should be included in the email.
If you received a Unit Trust gift certificate, you would be required to open a Unit Trust account to redeem same. You would submit a copy of the gift certificate along with the completed VMWM account opening documents.
Wire Instructions to Jamaica Via USA | |
---|---|
Beneficiary Bank | CitiBank, NA |
Address | 111 Wall Street New York, NY 10043 USA |
Swift Code | CITIUS33 |
Routing/ABA # | 021000089 |
Beneficiary Account Name | Victoria Mutual Wealth Management Limited |
Beneficiary Bank Account # | 36259153 |
For Further Credit To | Client’s Name and VMWM Account # |
Account Name | Victoria Mutual Wealth Management | |||
---|---|---|---|---|
Investment Type | Unit Trust JA$ | Unit Trust US$ | Equity Trading JA$ | Equity Trading US$ |
VMBS Bank Account Number Savings Account 8-10 Duke Street Kingston | 218-241-23 | 961-940-97 | 218-241-23 | 961-940-97 |
NCB Bank Account Number Chequing Account 1-7 Knutsford Blvd Kingston 5 | 351-101-563 | 351-088-524 | 351-142-533 | 351-088-524 |
Remarks | Client Name & Account # |
Funds should be deposited to our Unit Trust bank account or our Citi Bank account. The proof of deposited should be email to Client Services, instruction to purchase gift certificate should be included in the email.
If you received a Unit Trust gift certificate, you would be required to open a Unit Trust account to redeem same. You would submit a copy of the gift certificate along with the completed VMWM account opening documents.
Our Savings solutions are geared at helping you to save towards your goals, whether it’s a well-deserved vacation or to ensure sound financial health. As a Mutual Financial Institution, VM savers have a unique advantage. VM is owned by its Members, and not shareholders, so the business’ surplus goes back into delivering greater returns to Members through low or no fees and highly competitive savings rates.
Mortgages are also offered at very competitive rates and the team of caring experts has all the information to help returning residents hit the ground running for the new chapter of their lives back on the island or for those who are interested in that much desired vacation home or income earning opportunities through real estate investment in Jamaica. Owning real estate is a major commitment, and to make this process a seamless experience, all VM Representative Offices are able to process mortgage loan applications and provide the requisite guidance to ensure that the journey of purchasing a property is pleasant and rewarding.
The VM Drive Auto Loan continues to be a favorite among Members. Members are able to access up to 100 percent financing, access discounts on auto insurance while making low monthly payments. The return to Jamaica will be so much sweeter with no restrictions on movement. From Negril to Morant Point, the island is waiting to be explored.
When you invest your funds in a VM Wealth Unit Trust, you get access to a range of assets in each fund. We remove the need to research and manage individual investments. It’s all done for you. We make it easy to build a more diversified portfolio that matches your goals. Whether it’s accelerated growth or long-term wealth preservation, we have a fund for you.
You deserve to build wealth without boundaries. At VM Wealth, we facilitate trading in JMD and USD stocks through individual investments and our Equity based Unit Trust. So however you prefer to invest, we have you covered.
VM Wealth Management’s Money Market products are designed to offer stability of capital, liquidity, and predictable income.
Are you looking for a secure investment option to help you meet your medium to long term goals? Bonds may be your answer! Invest in Bond offers from solid companies and governments from across the Caribbean.
If your financial objectives include gaining regular tax-deferred income throughout the year and you have a higher appetite for risk, then bonds are the ideal investment solution for you.
Make your investments work even harder for you. Need short term funding for your needs without disrupting your investments? Look no further, a margin loan solution is the product for you.
We realize that speed, access to information and the ability to navigate at your pace in important to building your wealth. That is why we have a range of options for you to access wealth management online. If you would like to check on your investment or make a request at any time, night or day, let’s get you started on our client access portal.
If you are trading stocks, JTrader is a great place to start.
We recognize that your investment goals are unique. Our Private Portfolio Management Team will work with you to design a plan that matched your specific objectives, then consistently research, monitor and adjust based on your growth path.
Documents Required for Opening a Public Entities Account
Copy of the Trust Deed and Rules
Organization Tax ID Number (TIN) (if available)
Tax exemption from TAJ (where applicable)
All trustees must sign all documents/authorities unless we have written instructions stating how many persons can execute transactions/instructions
Trustee ratification to open account with VMBS
List of Authorized Signers and specimen signatures
Name, address and telephone number of Directors and Majority Shareholders on the account
ID & TRN for directors, majority Shareholders and authorized signers on the account.
SSN is to be declared for US persons for FATCA purposes
Proof of Address for Trustee, authorized signatories, and Directors
Source of Funds information – confirmation of source of funds being used to open the account as well as source of future investments or deposits.
Documents Required for Opening a Corporation Account
Documents Required for Opening a Sole Trader Account
Forms Required for Opening a Sole Trader Account
Alternative Documents for Opening a Sole Trader Account
Where the business owner is self-employed and financial statements are not presented, the Income Statement and Questionnaire for Self-Employed Form must be completed along with any TWO of the following documents HERE.
Documents Required for Opening a Small Business Account
Forms Required for Opening a Small Business Account
Standard KYC internal forms listed below must be completed:
Additional Documents for Opening a Partnership Account
Partnerships must also submit the following documents:
Forms Required for Opening a Corporation Account
Standard KYC internal forms listed below must be completed:
Documents Required for Opening a Public Entities Account
Additional Documents for Opening a Corporation Account
Partnerships must also submit the following documents:
Documents Required for Opening a Club or Civic Association Account
Forms Required for Opening a Small Business Account
*Note: Where the club or association is not required to have a Taxpayer Identification Number and has presented their charter, the Statutory Declaration section should be completed on the Clubs and Associations Account Application Form.
Documents Required for Opening a Church Account
Documents Required for Opening a Charity Account
Documents Required for Opening a Government School Account
Documents Required for Opening a Private School Account