Recent News
100% of NCB iABMs now accepting polymer banknotes
16 Nov 2023
Kingston, Jamaica – November 16, 2023: National Commercial Bank Jamaica Limited (NCB) reports that 100 percent of its intelligent Automated Banking Machines (iABMs) have been upgraded to accept and dispense the recently-introduced polymer banknotes.
The upgrade was completed at the end of October and signals a key achievement under the company’s new Efficiency, Governance, and Customer Experience (EGC) framework, which aims to transform the customer experience delivered at all its service points.
Danielle Cameron Duncan, Vice President of Payments & Digital Channels, stated: "With the enhancements and others made over the last few months, customers will experience a marked improvement in ABM availability. We expect these upgrades to significantly bolster the performance of our ABM fleet and deliver improved reliability and convenience to our customers, which is a top priority for us.”
Cameron Duncan further shared that NCB continues to expand and fortify what is already the largest ABM network in the island. NCB recently added five new iABMs – which can both accept deposits and dispense cash – and replaced 60 regular cash-dispenser ABMs which were at the end of their life cycle. These additions bring NCB’s fleet up to 141 iABMs and 157 regular cash-dispenser ABMs, giving Jamaicans access to close to 300 ABMs islandwide.
Efforts to increase ABM Availability and Access
Several of the machines which were previously removed due to security concerns are being strategically redeployed to new locations to further enhance service availability for customers. “We are committed to ensuring that our customers have access to their funds whenever and wherever they need them,” said Cameron Duncan.
Looking ahead, NCB is set to further empower its customers with an ABM feature within its mobile app, providing real-time updates on each machine's status come 2024.
“We truly appreciate the patience and support of our customers throughout this transition period,” said Cameron Duncan. “We are very excited about the positive new developments with our fleet and look forward to delivering an improved banking experience across our modernised ABM network."
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About National Commercial Bank Jamaica Limited
National Commercial Bank Jamaica Limited (NCBJ) is Jamaica's largest indigenous bank. With 20+ digital and full-service branches across the island, and the largest ABM fleet of approximately 300 machines, NCBJ is known as ‘the People’s Bank’ – serving Jamaicans from all walks of life. With roots dating back to 1837, NCB has since grown into a financial powerhouse across the region through its subsidiaries, NCB Capital Markets Limited (NCBCM) and NCB Insurance Agency & Fund Managers Limited (NCBIA). Designated as a Systemically Important Financial Institution (SIFI), NCBJ safeguards against economic instability by upholding rigorous operational protocols, surpassing regulatory benchmarks and international standards.
For further information, visit www.jncb.com
National Commercial Bank Jamaica Limited (NCBJ) is Jamaica's largest indigenous bank. With 20+ digital and full-service branches across the island, and the largest ABM fleet of approximately 300 machines, NCBJ is known as ‘the People’s Bank’ – serving Jamaicans from all walks of life. With roots dating back to 1837, NCB has since grown into a financial powerhouse across the region through its subsidiaries, NCB Capital Markets Limited (NCBCM) and NCB Insurance Agency & Fund Managers Limited (NCBIA). Designated as a Systemically Important Financial Institution (SIFI), NCBJ safeguards against economic instability by upholding rigorous operational protocols, surpassing regulatory benchmarks and international standards.
For further information, visit www.jncb.com
