iumiCash is the next generation e-wallet for your smart phone allowing you to have Solomon Dollars $SBD stored on your phone. You can pay for goods and services at participating merchants, transfer money to family and friends and pay utility bills. 1 iumiCash = 1 $SBD fixed. For every iumiCash in circulation an $SBD is deposited into an escrow account with a Solomon Islands commercial bank, backing and securing the value in your e-wallet. iumiCash can be converted to and from $SBD fee free at participating agents. This app requires internet access. There are no signup or monthly account keeping fees. Fees for sending money are charged at a maximum of 1% per transaction. The receiver pays no fees.