Virtual Account Management

A Single Platform to Guide Your Cash Management Strategy.

Create and operate virtual account structures that mirror your organization. Improve cash visibility, optimize liquidity, and reduce reliance on physical accounts.

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Achieve Unparalleled Visibility, Efficiency, and Control

We know you need to differentiate cash flows across your accounts globally for your business units, accounts payables and receivables, assets, and special projects.

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Achieve Unparalleled Visibility, Efficiency, and Control

We know you need to differentiate cash flows across your accounts globally for your business units, accounts payables and receivables, assets, and special projects.

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Whether you're looking to streamline your business, navigate change, or innovate with impact, count on us to deliver next generation ideas and solutions. We know you need to differentiate cash flows across your accounts globally for your business units, accounts payables and receivables, assets, and special projects. But opening a physical account for each activity is too process-intensive, especially when the reporting you receive does not align with how your business is run. What if there were a better way where you could increase efficiency, visibility, and control, all without compromising your operational needs?

Introducing Virtual Account Management from J.P. Morgan. Reduce the need for physical accounts by optimizing virtual accounts to match your business needs. Fewer physical accounts can simplify processes, reduce administrative burdens, and lower costs, and in the face of escalating cyber threats, can also help you minimize your fraud risk.

Setting up and closing a virtual account is fast and easy. The flexibility you have in building the virtual account structure to meet your needs extends to customer reporting that mirrors how your business is managed. Virtual account management provides tailored views of your cash in real time, facilitating tighter integration of payments, receipts, and currency management, so you can optimize working capital and minimize risk. We have built our Virtual Account Management solution in-house to ensure consistency and synergy with our full offering. Virtual Account Management will be available in currencies and locations around the world.

Discover how we deliver strategic innovation powered by scale for your most complex cash management needs.

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Visualize your entire cash picture, make decisions in real time, and gain insights that drive critical business decisions.

Integrate virtual structures with existing liquidity solutions to optimize your in-house bank models and streamline processes.

Track all transaction activity from one account, around the globe and around the clock. Free up resources by reducing the administrative burdens of manual reconciliation and running multiple physical accounts.

Detailed account balance, transaction, and multi-level, multi-channel reporting to effectively support strategy and meet organizational needs.

Make it Simple to Manage Your Entire Cash Picture

Self Administration

A simple, convenient way to access, visualize and modify your virtual account structures online

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  • Easily customize your account structures from a single portal
  • Visualize your structures via diagrammatic view to take effective action
  • Review dashboard, add/modify virtual accounts

A Customizable Set of Capabilities that Drives Results

  • Live globally across 12 locations and major financial centers

  • Supports multi-entity VAM structures that enable your in-house banking and payment factory organizations

  • Available in 30+ currencies 

  • Integrates with JPM Liquidity Solutions including notional pooling, physical cash concentration, and multi-bank sweeps

  • Multi-level virtual account structure and reporting across multiple channels

  • Proprietary solution built entirely in-house that can support large scale structures

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Learn more about our Virtual Account Management solution.

Insights

Treasury

Virtual account management: The future is now

Sep 21, 2020

Organizations and treasury functions are constantly evolving. The way cash is managed must evolve also.

Read more

Unlock the Advantage 

Discover how we deliver exceptional value across the entire payments continuum.

Speak with your J.P. Morgan representative today.

The statements herein are confidential and proprietary and not intended to be legally binding. Not all products and services are available in all geographical areas. Visit jpmorgan.com/disclosures/payments for further disclosures and disclaimers related to this content.