Treasury Services

J.P. Morgan is a top-ranked, full-service provider of innovative payment, collection, liquidity and investment management, trade, commercial card and information solutions to corporations, financial services institutions, governments and municipalities worldwide. With more than 50,000 clients, and the ability to deliver services in more than 50 countries, J.P. Morgan is one of the world's largest providers of treasury management services.

India is one of J.P. Morgan’s largest locations outside of the U.S. and serves as a regional hub for many of the bank's businesses in India, including Treasury Services. J.P. Morgan offers a full range of cash management services, in local and foreign currencies, in support of our India-based clients and the many multinational companies that have established offices and regional treasury centers in the country.

Customer service support is provided by in-country staff.

Cash Management Services
Accounts are available in Indian rupees and foreign currencies, including US dollars, euros, pounds sterling and Japanese yen.

Foreign Exchange Services
J.P. Morgan is a top-tier liquidity provider in global FX markets, offering competitive pricing across multiple currency pairs in cash and derivatives products. We offer a full spectrum of currency services — from plain vanilla to exotic options, and from major currencies to emerging markets.

J.P. Morgan combines its leading foreign exchange and global funds transfer capabilities to provide clients with convenient ways to handle their foreign currency payments and manage foreign currency exposure. Our local teams ensure we are on hand to respond to our clients with the best service and advice.

Payables and Receivables Management Services

Counter Services — Available in INR.
High-Value Electronic Payments and Receipts - Process via direct access with the electronic clearing system (RTGS) or through SWIFT for international settlements.
Low-Value Electronic Payments and Receipts (via NEFT) — Process via local clearing channel for non-urgent small settlements.
Direct access to the electronic platforms allows J.P. Morgan access to more than 50,000 domestic bank branches for electronic payments and receipts.
Check Clearing — Full check deposit and clearing services, with the option to use couriers to collect checks from customer and remitter offices. Available in INR.
Foreign Currency Payments — Pay to and receive payments from offshore beneficiaries in multiple currencies via our AutoFX payments and receipts service. AutoFX is a convenient alternative to dealing directly with an FX desk for clients who value flexibility and convenience along with competitive rates. Available from all J.P. Morgan accounts, AutoFX allows for easy execution of FX payments, receipts and drafts.
Foreign Exchange (FX) Trading — Receive active quotes and execute trades in a wide range of currencies and in a variety of instruments, including spot, forward, swaps, options and foreign currency-to-foreign currency onshore conversion.

J.P. Morgan is a direct member of the Mumbai Clearing House and has the ability to make paper payments and manage outstation collections.

Our partner bank relationship in India allows it to manage paper collections and paper payments across more than 1,000 locations domestically.

Liquidity Management Services

Time Deposits — Term funding for clients with longer-dated liquidity
Physical Cash Concentration — Offers in-country sweeping services
Working Capital Facilities — Offers overdrafts

Electronic Banking Services: J.P. Morgan Channels
J.P. Morgan electronic banking services provide an easy and efficient way to interface with J.P. Morgan India and the global J.P. Morgan network. Our broad range of banking services includes accounts payable, payroll, treasury settlement, cash accounting and collections management. Supported channels include:

Browser — Initiate web-based electronic payments as well as intraday and end-of-day information reporting.
Host to host — Integrates with your financial systems to process bulk files for both local and foreign currency payments and other related communications. Includes SWIFT Corporate Access.

Trade Services
J.P. Morgan offers trade services in INR and foreign currencies to India-based clients to complement our cash management offering:

Classical Trade — Issue, advise, confirm and negotiate letters of credit (LC) import and export loans, standby LC and guarantee, bills purchase and electronic trade platforms.
Structured Trade Finance — Provide Export Credit Agency (ECA) financing, export financing, syndicated trade facilities and discount payment obligations.
Global Supply Chain — Provide end-to-end cross-border financing, settlement and risk mitigation for buyers and suppliers, including private label LCs (PLLCs), purchase order payments platform, supply chain financing and other pre- and post-shipment financing.

Escrow Services
J.P. Morgan offers escrow services for attorneys, accountants and other financial professionals involved in mergers and acquisitions, capital raising or other transactions that require escrow strategies.

Commercial Cards Services
J.P. Morgan offers corporate card services through alliances with local banks. J.P. Morgan facilitates the application process between clients and the local banks for clients who have U.S. and/or EMEA card programs with J.P. Morgan and are expanding the programs to Asia Pacific.

Learn more about our global Treasury Services.