J.P. Morgan launches network check conversion
Oct 19, 2012
J.P. Morgan Treasury Services recently launched an enhancement to its Check Print product suite, Network Check Conversion.
Network Check Conversion is a new Check Print product which converts a client’s check disbursements from paper to image and then efficiently routes the electronic payment and remittance details to the lockbox of a J.P. Morgan receivables client. This reduces payment distribution costs, saving payables clients an average of $0.21 per item.
J.P. Morgan deployed the Network Check Conversion solution to all existing Check Print clients and will offer to all new Check Print clients.