The partnership is set to provide Fundtech clients a way to access several services including foreign exchange in more than 135 currencies, and US Dollar Clearing’s suite of international commercial payment capabilities, including expedited payments to and from Asia. Fundtech’s PAYplus USA provides processing for domestic wires.
JP Morgans Treasury Services business provides cash management, trade, liquidity, as well as commercial card and escrow services. The business serves over 135,000 corporations, financial institutions, governments and municipalities in over 180 countries.
In April 2011 , P. Morgan Treasury Services has achieved SWIFT Bank Readiness Certification. As a certified bank, JP Morgan is listed in SWIFT’s online database, which is set to offer corporations information on the SWIFT capabilities of their banking partners.
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