Payments

J.P. Morgan Payments in Colombia

Navigate Colombian market changes and build your business with the stability, scale, innovation and local expertise of J.P. Morgan Payments.

CONTACT US

“We’re both a global bank and a local bank, and that’s what sets us apart – we understand the needs of our clients in Colombia, across LATAM, and wherever they do business around the world.”

Solutions built with your business in mind

Deliver outstanding customer experiences, innovate strategically and navigate risk with payments solutions built with your business in mind.

Regional investment solutions

Banco J.P. Morgan Colombia S.A. offers a variety of solutions for Colombian clients to manage investments, transactional flows and competitive rates in the local market. Explore our savings accounts, deposit insurance, fees and rate tables5 and more.3

Global reach, local expertise

J.P. Morgan Payments in LATAM

Home to a multitude of cultures, languages, currencies and regulatory complexity, the Latin American region presents a vast range of untapped opportunity.

 

icon
Loading...

Get in touch

 

References

1.

JPMorgan Chase Investor Day, May 2024

3.

Savings Account and Current Account and Overdraft
Banco J.P. Morgan Colombia S.A. offers savings accounts to manage your investments and transactional flows, competitive rates in the local market and all the support of our brand. Our clients are able to manage all the information about balances and transactions through our electronic channels. Savings Account Agreement

The Current Account allows our client to settle payments in COP using the available account balance and having access to and overdraft line which can obtain after an agile and timely process of approval.
Current Account Agreement Updated on February 5th 2024
Previous version: tracked changes Current Account Agreement
Global Agreements for reference
Global Account Terms
Global Electronic Channels Service Terms
 
What is FOGAFIN? FOGAFIN (Financial Institutions Guarantee Fund) is the financial authority attached to the Ministry of Finance and Public Credit, in charge of creating the mechanisms to manage Deposit Insurance in order to protect the savings of depositors in banks, financial corporations, financing, companies specialized in electronic deposits (SEDPES), under the current regulatory structure, financial entities of the types mentioned here, are supervised by the Financial Superintendence of Colombia as a regulatory entity and are obliged to register with FOGAFIN.

What is Deposit Insurance? It is the insurance is the mechanism created to protect depositors in Colombia against the eventual liquidation of the financial institution where they have their deposits, which must be duly registered in FOGAFIN, this mechanism guarantees depositors the recovery of their savings up to 50 millions of pesos.
What types of products are protected?

  • Current account deposits
  • Simple Deposits
  • Certificates of Term Deposits (CDT)
  • Savings Deposit
  • Special Savings Accounts
  • Mortgage bonds
  • Special Deposits
  • Collection Banking Services
  • Electronic Deposit
  • Individual, joint or collective deposits with other people

For more information:
See https://www.fogafin.gov.co/

4.

J.P. Morgan Global Client Service & Implementations Touch-Point Survey 2023

5.

To learn more about the Fees and Rates Table visit https://www.jpmorgan.com/CO/en/about-us
Rates and fees may vary; it is recommended to check the updated information before contracting any product.