We no longer support this browser. Using a supported browser will provide a better experience.

Please update your browser.

Close browser message

As a global leader, we deliver strategic advice and solutions, including capital raising, risk management, and trade finance services to corporations, institutions and governments.

Learn more about our solutions:

  

Serving the world's largest corporate clients and institutional investors, we support the entire investment cycle with market-leading research, analytics, execution and investor services.

Learn more about our solutions:

  

We are a leader in investment management, dedicating to creating a strategic advantage for institutions by connecting clients with J.P. Morgan investment professionals globally.

Learn more about our solutions:

    

Our financial advisors create solutions addressing strategic investment approaches, professional portfolio management and a broad range of wealth management services.

Learn more about our solutions:

    

Leverages cutting-edge technologies and innovative tools to bring clients industry-leading analysis and investment advice.

Learn more:

    

The latest news and announcements.

Learn more:

    

For company information and brand assets for editorial use.

Learn more:

    

The latest news and announcements.

Learn more:

    

In a fast-moving and increasingly complex global economy, our success depends on how faithfully we adhere to our core principles: delivering exceptional client service; acting with integrity and responsibility; and supporting the growth of our employees.

Learn more:

    

J.P. Morgan is a global leader in financial services, offering solutions to the world's most important corporations, governments and institutions in more than 100 countries. As announced in early 2018, JPMorgan Chase will deploy $1.75 billion in philanthropic capital around the world by 2023. We also lead volunteer service activities for employees in local communities by utilizing our many resources, including those that stem from access to capital, economies of scale, global reach and expertise.

Learn more:

    

With over 50,000 technologists across 21 Global Technology Centers, globally, we design, build and deploy technology that enable solutions that are transforming the financial services industry and beyond.

Learn more:

    

Technology Banner

For general inquiries regarding JPMorgan Chase & Co. or other lines of business, please call +1 212 270 6000.

Learn more:

      

For general inquiries regarding JPMorgan Chase & Co. or other lines of business, please call +1 212 270 6000.

Learn more:

      

J.P. Morgan recognized by E&Y Cash Management Services survey


J.P. Morgan has been recognized as the number one Wholesale Lockbox provider by the 2021 E&Y Cash Management Services survey. In addition to this award, bestowed for the first time, the Survey also placed the Firm’s Remote Deposit Capture product in first place for the fifth year in a row.

J.P. Morgan’s wholly owned lockbox network is the industry’s largest1 - servicing wholesale, retail and customized wholesale, with over 6,000 clients, 19,000 active lockboxes and 1,800 employees2.

Wholesale Lockbox replaces a client’s costly and labor-intensive, paper-based in-house receivables process with one that delivers fast, efficient images and data, with around-the-clock service. This can help substantially reduce costs and expedite the crediting of account deposits to accounts. Unlike J.P. Morgan, 78% of surveyed banks acknowledged that they outsourced all or some of their wholesale lockbox processing3.

Michelle Conklin, Managing Director and Head of Receivables Operations for J.P. Morgan Payments acknowledges this award highlights the value the service provides to clients: “Given our commitment to a consistent, first-class client experience in this area, it is gratifying to see stable volumes and activity over the past four years. The rate at which we have been winning new business has outpaced any organic volume decline due to the digitization of payments and, together with this award, is a real validation of the service we provide by the most incredibly dedicated and exceptional employees who have never wavered in their commitment to this business.”­­­­­­

About the E&Y Cash Management Services survey

The EY Cash Management practice has conducted the annual Cash Management Services (CMS) Survey for 38 years. In January 2021, E&Y sent the survey questionnaire to previously participating financial institutions and other top 100 bank holding companies that actively market treasury services to wholesale customers in the United States. Data was received from 44 financial institutions, up from 42 responses in the 2020 survey. The 2021 participants included 90% of the top 20 targeted banks, based on asset size, and 72% of the top 50. See the full results here.

 

The views and opinions expressed herein are those of the author and do not necessarily reflect the views of J.P. Morgan, its affiliates, or its employees. The information set forth herein has been obtained or derived from sources believed to be reliable. Neither the author nor J.P. Morgan makes any representations or warranties as to the information’s accuracy or completeness. The information contained herein has been provided solely for informational purposes and does not constitute an offer, solicitation, advice or recommendation, to make any investment decisions or purchase any financial instruments, and may not be construed as such.

JPMorgan Chase Bank, N.A. Member FDIC.
JPMorgan Chase Bank, N.A., organized under the laws of U.S.A. with limited liability.
© 2022 JPMorgan Chase & Co. All Rights Reserved

1.2021 JPMorgan Chase CMSS Ranking report, March 2022
2.Internal JPMorgan data, April 2022
3.EY Cash Management survey, March 2022