• Cash Management
• Foreign Trade
• Escrow
• Depositary Receipts

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Cash Management

J.P. Morgan’s Cash Management services in Brazil rely on the most modern safety techniques for account management, execution of payments, and access to Internet banking through J.P. Morgan Brazil Online. Our services include:

• Current Accounts

  J.P. Morgan’s current account is used to manage a company’s receipts and payments, with deposits in DOCs, TEDs and transfers between bank accounts.

  J.P. Morgan bank distinguishes between debt service reserve funds transactions and next-day settlement, totaling the Current Account Total Amount and Available balances on a company’s bank statement. Through Current Account Total Amount, only reserve funds transactions are debited on the same day, and payments of DOCs and slips are reflected on this balance the next day.

  To facilitate consultation, monitoring transactions and information of the depositor, J.P. Morgan provides, via J.P. Morgan Brazil Online, statement and balance consultations that can be exported to Excel or PDF.

  Statements via file exchange are also available in the format Febraban CNAB-240 for integration with a company's ERP. Exchange of files can be done through J.P. Morgan Brazil Online or through a direct connection.

  Additionally, the bank offers an investment account, where clients can execute investments from their company with J.P. Morgan or other financial institutions. For convenience, we offer automatic overdraft coverage between current account and investment account.

  We also offer Automatic Transfer of Funds between current accounts of the same company (Zero Balance), according to the company’s needs: overdraft or credit balance transfer between accounts is available, enabling a more efficient cash management through a centralized account. For example: one current account makes company payments (Current Account 2) and the main account concentrates the company's cash flow (Current Account 1). At the end of each day, the payment account is zeroed through the funds of Current Account 1, according to the diagram below:

  

  
  

  For additional information, contact a J.P. Morgan service manager.

• Payments

  J.P. Morgan clients can make fund transfers and payments to suppliers through DOCs, TEDs, slips and cashier's checks. Payment instructions can be transmitted by the company to the bank through files in Febraban CNAB-240 positions format, or individually, through Internet banking.

  By making payments with J.P. Morgan, clients can benefit from a complete set of solutions that offer a safe and efficient process, including:

  • Debt consolidation

    Company payments can be consolidated in individual debts by means of payment, thus facilitating the statement reconciliation process.

  • Payment authorization

    Payments can be authorized by J.P. Morgan Brazil Online, thus ensuring segregation of duties for company employees. Clients can define each employee’s financial limit for transaction approval and choose whether it will be a single or double approval authorization flow.

  • Status control

    All payments are controlled. Every transaction status can be accessed in real time through J.P. Morgan Brazil Online.

  • Files efficient processing

    Company files are processed at pre-set hours and configured to ensure high performance; as a result, transactions will be processed on average every 10 minutes.

  • Active balance control

    If, when making a payment, sufficient funds are not available in the current account to settle a transaction, the payment system keeps the payment in a queue until it meets all the conditions necessary, or the time previously specified is reached.

  If your company is an account holder with J.P. Morgan in Brazil, contact your account manager regarding the contract payment agreement.

• Tariffs

  J.P. Morgan's proposal of tariffs is extremely competitive with those of other financial institutions. View the table of tariffs by institution.

• J.P. Morgan Brazil Online

  J.P. Morgan Brazil Internet banking is easy to use, has intuitive navigation and applies the most modern security techniques available in the market. All transactions are digitally signed through the digital certificate e-CPF and all changes concerning data are encrypted under SSL 128 bits.

  Consultations are available for balances, transactions and deposits in real time, which can be exported to Excel or PDF files.

  Clients can also make payments online, send and receive files related to payments and statements (Febraban CNAB 240 positions format), manage banking and personal registration data of authorized beneficiaries, and administrate the access profile of the company's operators. The flow of authorization can have either one or two approvals. Each authorizer of payments may choose to have transactions conducted independently and validated for every transaction made.

  If your company holds a bank account with J.P. Morgan in Brazil, you can apply for Internet banking to manage the account and payments of your company electronically.