Overview

Capital & Credit Remittance Limited (CCRL) is a remittance company which offers quick, reliable, convenient and safe money transfer services to families, friends and business partners, through its flagship brand, Reggae Money Express, as well as through franchise products from its remittance partners from the United States, Canada, the United Kingdom, Bahamas, Aruba, Curaçao, St. Maarteen and Spain.

The Company also partners with its clients to send funds to, or credit any of their bank accounts at any financial institution in Jamaica or, to make mortgage payments or deposits to the National Housing Trust or any building society.

CCRL is a wholly owned subsidiary of Capital & Credit Financial Group Limited (CCFG). Established in 1996, CCRL is one of the five major players in the domestic money transfer market and presently operates from 10 - 16 Grenada Way in New Kingston; Kingston’s premier business hub. CCRL is licensed by the Bank of Jamaica to engage in money transfer and remittance services in Jamaica.

With a large network of independent agents, as well as alliances with the Jamaica Co-operative Credit Union League, CCRL has over 63 Reggae Money Express payment locations across Jamaica.

Reggae Money Express is also one of two Money Transfer services chosen by the National Housing Trust to pay out refunds to its contributors island-wide. CCRL offers inbound and outbound remittance services for 6 international partners across the globe. The inbound services are offered largely through Reggae Money Express.

In 2010, CCRL and Xoom Corporation brokered a partnership allowing Jamaicans living abroad the convenience of sending money to any of the over 65 Reggae Money Express Agents via the website Xoom.com. The online money transfer service, allows customers to send money from any internet-enabled computer using a credit card or chequing account to fund the transaction.

CCRL’s other inbound remittance services from around the world to Jamaica are offered through Coinstar which operates world-wide; Union Caribe Ltd. (Curaçao & St. Maarten) and Omni (Bahamas).

Since May 15, 2007, CCRL has been the major agent in Jamaica for RIA Financial Services Inc., whose extensive remittance service network spanning the US; the UK, Germany and several other European countries allows CCRL to offer inbound and outbound remittance services to over 85 locations world-wide.

Capital & Credit Remittance continues to seek new agents in order to add value and convenience to its customers.