LASCO Financial to disburse COVID-19 Compassionate Grant payments

As part of its ongoing support of Jamaicans impacted by COVID-19, LASCO Financial Services Limited (LFSL) will facilitate COVID-19 Allocation of Resources for Employees (CARE) programme disbursements beginning tomorrow (Wednesday, May 6, 2020). 

LFSL, through its consumer-facing brand LASCO Money, will service the Government of Jamaica (GOJ) COVID-19 Compassionate Grant payouts to those customers who selected LASCO on their application through our islandwide network of MoneyGram agents.

According to Jacinth Hall-Tracey, managing director at LASCO Financial Services, “We remain committed to helping our communities and we are encouraging the beneficiaries to adhere to the instructions of the agents at the locations to allow for swift and orderly payments.

“We know our services are particularly important to you at this time as you navigate the challenges ahead, and we are focused on serving you with the minimum of delays. LASCO Financial has always operated from a position of compassion for our fellow man, especially in times of crisis. We are happy to play our part by supporting the Government’s initiatives that lessen the adverse economic impact of this pandemic on our people,” Hall-Tracey explained.

Jacinth Hall-Tracey, managing director at LASCO Financial Services Limited

Jacinth Hall-Tracey, managing director at LASCO Financial Services Limited

The Ministry of Finance and Planning Dr. Nigel Clarke announced late Monday (May 4, 2020) that 150,000 of the 380,000 verified and eligible Compassionate CARE grantees opted to receive funds through remittance channels. He revealed that the payments will be paid out by the end of this week.

To collect their CARE Compassionate Grant, persons must provide a valid Government issued Identification and TRN for verification. Additionally, the public is being advised that a nominal fee of $55 plus gct will apply.  

During this critical time, the health and safety of all customers and team members is a priority for LASCO Financial Services Limited. In order to ensure that the locations adhere to physical distancing protocols and to minimise the crowds, customers will be receiving a text message or email from LASCO MONEY indicating the date and location for the pick up of the one-time $10,000 grant.

Customers are being encouraged to contact the Customer Care team at: lfslgojbeneficiary@lasja.com and at 876-906-7473 to address any queries or concerns regarding payment disbursements. 

Guided by the belief that every life has equal value, LASCO Financial Services Limited remains focused on positively contributing to the local financial landscape by uplifting Jamaicans.

LFSL wishes to thank our team members, agents and key suppliers Guardsman Group for their continued support.