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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
Madhav Kalyan: How payments can protect the core
Jul 24, 2024
At the recent J.P. Morgan China Payments Innovation Summit, Madhav Kalyan, APAC head of Payments, discussed opportunities in payments, the bank’s continuous investment in innovation and how it is transforming the future of payments and financial services.
Payments
Highlights from the 2024 J.P. Morgan E-Commerce and Fintech Forum
Jun 28, 2024
The J.P. Morgan EMEA E-Commerce and Fintech Forum brought together experts from across the fintech ecosystem to discuss the future of payments and how best to navigate 2024 and beyond.
Payments
Understanding the requirements to apply for a corporate credit card
Jun 27, 2024
Find out if your organization is eligible for a corporate card, then prepare documentation to apply.
Payments
Choosing the right credit card for your startup
Jun 27, 2024
Startups have unique, complex financial needs, and corporate and business cards can be powerful tools that simplify financial operations.
Payments
J.P. Morgan joins the MACH Alliance, advocating for open, best-of-breed technology
Jun 13, 2024
J.P. Morgan is a Supporter member, a category for leading organizations to share unique thought leadership and innovations on the future of enterprise technology.
Payments
Highlights: J.P. Morgan Payments at EBAday 2024
Jun 12, 2024
You want a fast, simple and secure way to send and receive cross-border payments. We can send in 120+ currencies and receive in 40+, across 160+ countries.¹ ² ³
Payments
Studio Science joins the J.P. Morgan Payments System Integrator Program
May 17, 2024
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
May 14, 2024
Check fraud remains an attractive target for fraudsters. Do you know how to prevent it?
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