Sagicor Bank to Increase ABM Withdrawal Fees Starting Monday, October 20

Jamaica – Customers of Sagicor Bank Jamaica are being advised to brace for a slight increase in fees when withdrawing cash from automated banking machines (ABMs) operated by other local banks, beginning Monday, October 20, 2025.

According to Sagicor, the ABM withdrawal fee for transactions made through the Multilink network will move from $59.23 to $61.53, affecting customers who use non-Sagicor ABMs to access their accounts.

The financial institution explained that the adjustment follows fee increases implemented by Multilink operator JETS Limited, which manages the shared ABM network across Jamaica.

In addition, Sagicor recently reduced the cash withdrawal amount per transaction — moving from $100,000 down to $50,000 earlier this month. However, the daily withdrawal limit of $100,000 remains unchanged.

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