Global Payments

Getting started

This topic guides you through the two-part onboarding process to enable the Kinexys Digital Payments for cross-border payments through the Global Payments API. You'll learn how to:

Open a J.P. Morgan Blockchain Deposit Account (BDA).
Connect to the Global Payments API.

How do I onboard to use Kinexys Digital Payments via the Global Payments API?

The JPM Coin Systems onboarding process.

Onboarding requirements

The following table outlines the onboarding requirements for common scenarios. If your situation does not fit any of these categories, consult with your J.P. Morgan representative to define the appropriate onboarding steps for your needs.

Kinexys Digital Payments onboarding scenarios
Scenario	Global Payments API onboarding required	Kinexys Digital Payments onboarding required
Not onboarded to the Global Payments API and does not have a BDA	Yes	Yes
Not onboarded to the Global Payments API and has a BDA	Yes	No
Onboarded to the Global Payments API and does not have a BDA	Yes (light onboarding)	Yes

Eligibility requirements:

Kinexys Digital Payments is available for Corporate Investment Banking (CIB) and Commercial Banking (CB) clients.
A USD and/or EUR denominated J.P. Morgan Demand Deposit Account (DDA) held in one of the locations listed in the Availability table.
Access to the Kinexys Digital Payments via Global Payments API is limited to Blockchain Deposit Accounts (BDA) held in EUR and USD in New York and/or Frankfurt.

To get started with Kinexys Digital Payments, contact your J.P. Morgan representative to discuss the benefits and open a Blockchain Deposit Account. If you don't see a funding location or currency you need, reach out to us to discuss the product roadmap and explore potential options.

Tip

Limited availability for Commercial Banking clients, please discuss further with your J.P. Morgan Representative.
In addition to regular Demand Deposit Accounts, select Client Money Accounts (CMA) and Mortgage Servicing Accounts (MSA) are supported by this product but may be subject to J.P. Morgan review.

Open a J.P. Morgan BDA

Use the following steps to open a BDA.

Step 1: Discuss with your J.P. Morgan Payments representative

Contact your J.P. Morgan Payments representative to learn more about Kinexys Digital Payments. Work with our Kinexys Digital Payments Business Development team to identify a use case to optimize your treasury management.

Step 2: Sign and submit standard documentation

Standard documentation is provided by J.P. Morgan to open a BDA. You must complete and have this documentation signed by authorized representatives.

Step 3: Connect to the Global Payments API

Continue to the Connect to the Global Payments API guide to complete the second portion of the onboarding process.

Next steps

Learn how to initiate a Kinexys Digital Payments deposit.
Learn about the required payment parameters for Kinexys Digital Payments.