Capital & Credit’s Reggae Money Express Expands Service Across the USA Through New Partnership with Xoom.com

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Capital & Credit’s Reggae Money Express has announced a new service offering through a partnership with Xoom Corporation, the Internet-based global money transfer company operating from the United States of America. This enhanced service through Xoom.com, provides faster access to customers who receive remittances through deposits to bank accounts in just a few hours.

This new service enables Capital & Credit’s Reggae Money Express to provide Jamaicans in the USA an alternative money transfer option that is fast, easy, convenient and low in price by way of the Internet-based, Xoom.com, located on the website, www.xoom.com.

The Capital & Credit’s Reggae Money Express/Xoom.com online money transfer service alliance allows customers to send money to Jamaica, from any internet-enabled computer using a credit card or checking account to fund the transaction. When paying with a checking account, the cost to send any amount to Jamaica up to US$2,999 is US$7.99.
According to General Manager of Capital & Credit Remittance Limited, Sheron Dixon-Brown, “We at Capital & Credit are proud to partner with Xoom.com and to help grow their money transfer service to Jamaica, as Xoom.com offers Jamaicans living abroad the convenience of sending remittances from the comfort of their home computer directly to a Capital & Credit Reggae Money Express agent location in just minutes.”

The new service expands Xoom.com’s cash pickup network in Jamaica as noted by Xoom.com’s Senior Vice President, Marketing and Business Development, Julian King: “We have quadrupled the size of our network in Jamaica and made it easier for loved ones to receive their money as we now have added locations from Negril to Morant Bay, including Half Way Tree and at trusted locations like C.O.K., Lasco and other credit unions islandwide.”

About Xoom.com: Xoom.com allows individuals to send money from any Internet-enabled computer to family, friends and businesses. Xoom Corporation was founded in 2001 in San Francisco and is backed by leading venture firms Sequoia Capital, New Enterprise Associates and Fidelity Ventures. For more information on Xoom.com transfer service to Jamaica, visit www.xoom.com/jamaica.

About Capital & Credit Remittance Limited: 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. Established in 1996, CCRL is a member company of the Capital & Credit Financial Group (CCFG) and is one of the five major players in the domestic money transfer market, with its headquarters located in New Kingston. CCRL is licensed by the Bank of Jamaica. The Capital & Credit Financial Group is a publicly-listed company on the Stock Exchanges in Trinidad & Tobago and Jamaica. More information on CCFG can be seen by logging on to its website, www.capital-credit.com.

The company’s flagship product Capital & Credit Reggae Money Express offers customers several options for disbursement of money transfers they send. They are cash pick-up at over 70 sub-agents islandwide; deposits to accounts held at ANY financial institution; bill payments; mortgage and loan payments. Based on regulatory requirements, some deposits to bank accounts must be accompanied by an Authorization Letter. Details of this and other regulations will be provided when contact is made at toll-free 1-888-991-2062 or 1-888-223-4669 and by e-mailing us at ccrl-transfers@capital-credit.com.

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