Certificate of Deposits
The BOJ offers time deposits to its client. Written instructions for the payment/delivery of the currency are required.
Spot Foreign Exchange
CBJ Foreign Exchange provides the service of foreign exchange through trading the USD and other hard currencies. Written instructions for the payment/delivery of the currency are required.
Repurchase and reverse repurchase agreements
This "REPO" market allows for short term investment using the figure of a purchase and sale of a specified portion of Citibank owned paper. The signature of a Master Agreement is required.
F/X Forward
Forward transactions bear value dates in excess of 7 calendar days after the date of origination. There is no exchange of moneys prior to the value date specified on the contract. The Branch will negotiate forward contracts with tenors up to 365 days and due diligence documentation is required prior to negotiation.
Derivatives
Citibank NA Jamaica operating through Citibank NY/London can create financial protection for corporations and financial institutions through Derivatives trading. We achieve this by offering a diverse suite of derivative products that will manage exposure to interest rates, hard currencies, equities, and commodities.
TARGET MARKET: Multinationals and local corporations, government & other public sector entities, financial institutions, funds managers and individuals.