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South Africa Wires
Our Global Payments Strategy (GPS) vision is a firm-wide initiative transforming the payments platform to meet the regulatory, market, and client demands necessary to lead the global payments industry.
As part of this multi-year strategic initiative, we are migrating the South Africa Clearing Service wire transactions to our GPS platform. The platform will deliver greater visibility, flexibility and control over payments across global accounts.
One change you’ll notice is the J.P. Morgan transaction reference number is expanding from 10 to 12 alphanumeric characters for the following report types:
- balance and transaction reports
- statements
- reject reports
Questions?
Please contact your service representative.
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