Clearing Information

This site provides information on various initiatives taking place in the euro clearing, Continuous Linked Settlement (CLS) payment and multi-currency accounts service environments. In addition to updating you on what's happening in the market, we want to keep you informed as to how J.P. Morgan is adapting these changes for the benefit of our clients.

SWIFT Payment Formatting Guide for EMEA-Based Accounts

The SWIFT Payment Formatting Guide contains useful information on instruction formatting for payments made from EMEA-based accounts delivered through SWIFT FIN.

Use of the IBAN (International Bank Account Number) for urgent (WIRE) payments

The European Payments Council (EPC) stipulates that countries in the European Union (EU) and European Economic Area (EEA) must use international bank account numbers (IBANs) as the only beneficiary account identifier for all euro denominated cross-border customer payments.

 

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