blue geometric abstract technology and science background

Key takeaways

  • As the global movement of money continues to accelerate, banks are looking for efficient, customer-centric and scalable solutions.
  • At the same time, security and compliance continues to be a concern.
  • Xpedite offers easy-to-integrate cross-currency solutions that address consistency, control, transparency and value, while making your payments less costly, faster and more secure.

Xpedite: Growing your business globally


[00:00:00.00] A building with tall columns stands in an animation.



[00:00:00.96] As a financial institution, your customers' expectations are rising in this increasingly competitive marketplace with an expanding field of players quickly scaling up using technology to cut payment fees, while also making the process faster and more convenient.



[00:00:17.34] Users hold their phones while bubbles of currency symbols float around them. Then the symbols orbit Earth.



[00:00:18.15] You and your customers need a fast, easy, and affordable way to send and receive payments across the globe in today's ever more connected world.



[00:00:26.46] The currency symbols travel on a line above a cityscape that includes the Eiffel tower, a Dutch windmill, the Taj Mahal.



[00:00:27.09] Our cross-currency payment solution is simple, scalable, and low cost. It's plug and play technology. So you can retain your current customers and grow your business with ease.



[00:00:38.16] The line flows behind people, including a man holding a skateboard, a woman pushing a stroller, a man carrying a briefcase.



[00:00:38.88] At J.P.Morgan, we have what you need to help you succeed.



[00:00:43.05] A line climbs upward.



[00:00:43.62] We are a Greenwich global foreign exchange service quality leader. And a leading provider of cross-currency and domestic payments. Giving you the global scale and service of a world class bank. With the innovation and agility to help you compete in today's rapidly evolving landscape.


[00:01:02.25] So you get the support you need to navigate market complexity across the globe.



[00:01:07.05] A phone screen appears. Text, Make a payment.



[00:01:07.92] We are continually investing in cross-currency payment technology talent and expertise. So you don't have to, making it easier for you and your customers to pay and receive in multiple currencies. With options to pay immediately. With competitive pricing and currency conversion rates to help your customers get the best value, all at their fingertips.



[00:01:32.37] An alert appears on a phone. Text, You received 14,600 AUD.



[00:01:33.70] Make the most of our cross currency technology and tools, including existing payment channels like Swift, Swift Go, and APIs.



[00:01:41.67] Text, Money transfers, mobile payments, fast payment options, global transactions, digital payments, live rate conversion, wires, foreign exchange.



[00:01:42.06] And leverage our pre-coded HTML components to help you create configurable user experiences. So you can quickly add cross-currency payment offerings for your clients.



[00:01:52.53] A payment screen shows available pay options. Text, I want to pay in this currency, Japan (JPY). I want to send this amount, 25,000 Japanese Yen. Available pay options: Now, Standard (Arrives in 2 to 3 days). I want them to receive in this currency: Brazil (BRL). They will receive this amount: 975 BRL



[00:01:53.14] We also offer tracking and notifications all in one platform.


[00:01:59.33] Introducing expedite.



[00:02:01.71] X-p-e-d-i-t-e



[00:02:03.17] So you can stay ahead of the competition with a banking partner that helps you exceed your customers' expectations. With fast, simple, secure, cross-currency payment solutions designed for them.



[00:02:14.60] Multiple screens show global currencies with a check mark. Text, payment confirmed.



[00:02:15.41] Global solutions, local expertise. Empowering financial institutions to thrive.



[00:02:22.07] Multiple buildings with tall columns connect to a network.


[00:02:25.97] Text, X pedite by J P Morgan


[00:02:26.87] Logo, J P Morgan


[00:02:27.47] Text, J P Morgan Payments.


[00:02:28.37] A QR Code appears. Text, Copyright 2022, J P Morgan Chase & Co. Member FDIC. Deposits held in non-US branches are not FDIC insured. All rights reserved. The statements herein are confidential and proprietary and not intended to be legally binding. Not all products and services are available in all geographic areas. Visit j p slash payments disclosure for further disclosures and disclaimers related to this content.


[00:02:30.17] 1, Fintechs include digital players like Wise and Pay Pal, and Money Transfer Operations like Western Union and MoneyGram. 2, 2021 Greenwich Leaders, Global Foreign Exchange Services.


In the dynamic world of banking, staying relevant and meeting the evolving needs of customers and partners is paramount. But, when it comes to achieving frictionless and cost-effective cross-border payments, things can become complex, especially when there is a cross-currency component involved.

At J.P. Morgan, we understand.

Leveraging our position as a top leading foreign exchange (FX) provider,1 we have developed Xpedite—cross-currency solutions with a “plug and play” infrastructure. It enables banks to offer their clients new products and capture new revenue streams without the need to build an understanding of local market complexities or deal with liquidity management and the risk of opening accounts in multiple currencies. Xpedite also allows clients to take advantage of multiple payout rails, including ACH, pay-to-wallet and real-time rails, where available.

Estimated global cross-currency payments growth2

Estimated global cross-currency payments growth

Capture new revenue streams with Xpedite

Recognizing that one of the prime objectives of a bank is to provide seamless, quick, safe and cost-effective cross-border payments with FX capabilities, J.P. Morgan worked to develop an end-to-end solution.

“The trend today in network management is one of consolidation. So, looking at the capabilities a bank has to offer in other markets is important. Because if they cover many currencies, I don’t need to fragment our network. Instead we can use the same reliable partner for several currencies.”

Experience enhanced operational efficiency

We know that efficiency is at the heart of successful bank management. Xpedite allows you to make and receive cross-currency payments from one account fast. It leverages automated platforms and seamless integration capabilities—such as helping to secure, simplify and harmonize processes through existing channels, including SWIFT, APIs, J.P. Morgan Access® or Swift Go. And using existing channels means no added programming or complexity for your system.

You use just one account to send and receive payments in more than 120 currencies across 200+ markets.3 The result: an efficient, transparent solution that helps you enhance operational productivity and free up valuable resources.

Speed of settlement

True to its name, Xpedite helps banks navigate the world of cross-border payments and FX transactions quickly and easily, eliminating settlement friction across extended currencies.

Plus, by using just one account to send and receive payments, we deal with the all of the complexity, so you don’t have to.4 We do the FX and payment settling, allowing you to focus on your customers.

How it works

J.P. Morgan generates FX rates and sends to your bank. Rates are held and valid for a pre-agreed period.
  1. J.P. Morgan generates FX rates and sends to your bank. Rates are held and valid for a pre-agreed period
  2. Bank submits instructions to J.P. Morgan instructing to pay local currency
  3. J.P. Morgan performs FX conversion at pre-agreed FX rate and effects payment in local currency, using wires, ACH or real-time payment rails

Access transparent exchange rates

Ensuring visibility and accuracy in international exchange rates is key for a bank. With access to accurate and up-to-date currency exchange rates, determined through intelligent data, in-country analysis and industry-wide assessment, cross-border transactions can be vastly improved. Xpedite also lets you tap into benchmark rates that can be used to provide transparency to customers on exchange rates and how they compare to benchmark rates.

Mitigate risk and ensure payment precision

Today, FX volatility can pose significant risks for a bank and its clients. Therefore, equipping your business with the powerful tools needed to help mitigate currency risks effectively is important.

With advanced analytics and skillful insights, you can help protect your bottom line and navigate volatile markets with confidence. Xpedite helps strengthen risk management. This gives you the ability to proactively mitigate currency risk. We also understand that one size doesn’t fit all—by taking advantage of tailored solutions, you are able to better serve your clients.

Deliver trust through certainty

In an era of increasing regulatory scrutiny, trust is critical for banks and their clients. In order to maintain the integrity of cross-currency transactions—while ensuring payments are executed at appropriate exchange rates—it is important to adopt stringent compliance and robust security measures.

Our commitment to compliance and security allows you to instill confidence in your clients, fostering long-term relationships built on trust and reliability.

Strengthen global markets and liquidity pools

Expanding market reach and accessing sufficient liquidity pools are also primary considerations for banks operating in the international arena. With a wide range of available funding currencies and competitive pricing at your fingertips, you can cater to the diverse and growing needs of your clients; unlock new opportunities; strengthen market position; and help drive client activity with a seamless cross-border payment experience.

“Xpedite allows you to offer cross-currency solutions to your clients. We deal with the complexity of getting the payments delivered in local currency, so you don’t have to.”

In a rapidly evolving financial landscape, delivering exceptional cross-currency payment services keeps banks competitive and meets the needs of their clients. By working with us, you can gain access to advanced technology, robust risk management tools, a trusted platform, global market coverage and collaborative support.

Together, we can create a thriving ecosystem that expands your capabilities, grows your cross-currency footprint and helps you rethink what payments can do for you.

Ready to find out more?

Reach out to your J.P. Morgan representative today.



J.P. Morgan can make payments from accounts in select currencies

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