Press release: JPMorgan to open remote check image capture site for international clients

Site will allow financial institution clients to realize check 21 benefits, including eventual elimination of courier costs, reduced risks related to transportation loss and overall greater efficiencies.

SIBOS - Atlanta, October 13, 2004 - JPMorgan Treasury Services, www.jpmorgan.comts, a unit of JPMorgan Chase and a leader in global payments, trade finance and treasury management, announced it is planning to open a remote check image capture site in Europe. The site will allow clients in EMEA Europe, Middle East and Africa and Asia to take advantage of benefits from the Check Clearing for the 21st Century Act Check 21. Check 21 will facilitate the use of electronic images of checks by allowing the creation of Substitute Checks from images of the originals -- and requiring banks to accept, through the clearing and return processing, these Substitute Checks as the...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222