We are customer-driven and seek to build commitment and partnerships with our clients, associates, and employees. Excellence is pursued through prudent investment practices and the creation of optimal financial solutions for our clients. We fully appreciate each client’s unique financial goals and strive to achieve those goals with timely solutions. Success is measured only by the level of customer satisfaction.
In 2004, Alliance Financial Services Limited (AFSL) was strategically formed to take over the Cambio services business that was then being operated by Alliance Investment Management Limited. During that year, Alliance Financial Services was also appointed as a Primary Agent of MoneyGram Payment Systems, Inc. (“MoneyGram”), a major international money transfer service provider, after receiving its remittance license from the Bank of Jamaica.
During its sixteen (16) years of operation, the Company has grown to become a notable provider of Cambio and Remittance services in Jamaica. AFSL has its head office at Belmont Road and has four (4) proprietary branches strategically located across the island, the most recent of which was established in August 2019 at the Portmore Mall in St. Catherine. The other branches are located in Liguanea, Mandeville and May Pen. In addition, Alliance has sixty-eight (68) sub-agent MoneyGram locations island wide.
Grand Opening of the Alliance Liguanea Branch, October 20, 2017.
The Honourable Fayval Williams Minister without portfolio in the Ministry of Finance and the Public Service, doing the ribbon cutting ceremony of the Grand Opening of the Alliance Liguanea Branch, October 20, 2017.
Peter George Smith, Head of Caribbean of MoneyGram International speaking at the Grand Opening of the Alliance Liguanea Branch, October 20, 2017.
AFSL trades all major currencies, including United States Dollars, Canadian Dollars, Euro, Pound Sterling and Cayman Island Dollars, with its customers. We also issue cheques and drafts and provides wire transfer services to a diverse base of corporate and retail customers to facilitate the settlement of local and foreign commercial transactions for personal and business reasons.
Alliance Financial Services has capitalized on the innovative technology of Alliance Payment Services Limited and has presented to its remittance customers a lauded convenience. AFSL issued the Alliance Prepaid MasterCard, to its remittance customers in Jamaica. The Card allows remittance customers to load remittance proceeds to the Card. Since launching the card over a year ago, the Company has issued in excess of 30,000 prepaid cards and to date over J$1.0 Billion has been loaded to the issued cards.