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Institutional Investing
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Five. That’s the number of days each week that U.S. dollar (USD) clearing is currently facilitated. But in this rapidly changing digital banking landscape, financial institutions need to adapt to client demand. And that demand calls for book transfer processing not just five days a week, but every day. Announcing our move to seven-day-a week USD clearing of book transfers. It’s an innovative solution we are phasing in . . . first extending clearing open times by one additional day in Q3 2022 to ultimately being open every day in 2023. So, you can move money faster and process your book transfer wires earlier—a powerful tool for everyone, but especially impactful for those in the EMEA and Asia Pacific time zones.
Process book transfer wires earlier… here’s how it works
Phase 1: today
22.5 hours per day, 6 days per week – book transfer window open Saturdays at 10pm ET
Phase 2: Coming soon
22.5 hours per day, 6.5 days per week – book transfer window open Saturdays at 10pm ET
Phase 3: Coming soon
22.5 hours per day, 7 days per week – book transfer window open Fridays at 10pm ET
Unlock benefits like these for your business:
J.P. Morgan is the marketing name for the Wholesale Payments business of JPMorgan Chase Bank, N.A. and its affiliates worldwide.
The products and services described in this document are offered by JPMorgan Chase Bank, N.A. or its affiliates subject to applicable laws and regulations and service terms. Not all products and services are available in all locations. Eligibility for particular products and services will be determined by JPMorgan Chase Bank, N.A. or its affiliates.
Payments
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Find out if your organization is eligible for a corporate card, then prepare documentation to apply.
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Choosing the right credit card for your startup
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Startups have unique, complex financial needs, and corporate and business cards can be powerful tools that simplify financial operations.
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J.P. Morgan joins the MACH Alliance, advocating for open, best-of-breed technology
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Payments
Join J.P. Morgan Payments at EBAday 2024, Lisbon Congress Centre, Booth 73/74
Jun 12, 2024
You want a fast, simple and secure way to send and receive cross-border payments. We can send in 120+ currencies¹ and receive in 40+², across 160+ countries³.
Payments
Studio Science joins the J.P. Morgan Payments System Integrator Program
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J.P. Morgan Payments is adding Studio Science, a customer experience consultancy, to the program to help joint clients with payments strategy and implementation.
Payments
How to protect your organization from check fraud
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Check fraud remains an attractive target for fraudsters. Do you know how to prevent it?
Payments
How acquisitions like WePay are accelerating our mission to build a modern payments business
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The integration of WePay into the J.P. Morgan Payments platform is the latest step forward in how we serve small and medium-sized businesses (SMBs).
Payments
Understanding the differences between corporate and business credit cards
May 01, 2024
Corporate and business credit cards offer significant benefits to corporations and small businesses, respectively. Learn about the key differences.
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