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South Africa Wires
What’s Happening?
As part of this multi-year strategic initiative, we are migrating the South Africa Clearing Service wire transactions to our GPS platform.
Timing
Our target timeframe is Q2 2022 through end of Q3 2022.
Selected account holders will receive a formal communication 30 days prior to a confirmed migration date.
You Should Know
The migration will be mostly transparent to you, but 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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