Resources
Accepted Bank Identifier Codes (BIC) values
BIC |
Market |
|---|---|
CHASUS33 |
United States |
CHASSGSG |
Singapore |
CHASHKHK |
Hong Kong |
CHASGB2L |
London |
CHASLULX |
Luxembourg |
CHASDEFX |
Frankfurt |
CHASIE2X |
Dublin |
CHASAU2X |
Sydney |
CHASNL2X |
Amsterdam |
Allowed Currency ISO Code
ISO Codes |
|---|
USD |
Payment limits
J.P. Morgan Coin System payments have a default maximum payment amount limit of 200 million USD for all regions. These limits are periodically reviewed by J.P. Morgan and are dependent on market demands and conditions. Requests will fail if the transaction amount is greater than the payment amount limit.
Response types
The JPM Coin System supports the following response types:
- PENDING
- PENDING_POSTING
- COMPLETED
- REJECTED
The following table explains these response types in more detail.
Status |
Description |
|---|---|
|
The request was initiated and authenticated, and the syntactic and semantic validations were successful. The status remains PENDING until an event occurs to change the status. |
|
The preceding checks such as the technical validation and customer profile were successful and therefore the payment instruction was accepted for execution. The status remains PENDING_POSTING until an event occurs to change the status. |
|
The settlement on the creditor’s account was completed. |
|
The payment instruction was rejected. |
Reporting
J.P. Morgan gives you options to access the JPM Coin System reports. These reports can help mitigate manual processes of transaction monitoring, file status tracking, and reconciliation, as well as reduce manual error and increase operational efficiency. J.P. Morgan offers JPM Coin System reports in two formats: a J.P. Morgan Electronic Statement and a SWIFT End-of-Day Report.
J.P. Morgan Electronic Statement
These reports are sent through a secure email and provide the JPM Coin System Blockchain Deposit Account Balance and Transaction details, such as debtor/creditor information. You can choose to receive these reports daily, weekly, or monthly. You can also choose to receive these reports in a PDF, CSV, or XLS format. To enable J.P. Morgan Electronic Statement reports, you must:
- Reach out to your J.P. Morgan Payments representative to obtain the documents required to enable the J.P. Morgan Electronic Statement reports for Blockchain Deposit Accounts.
- Have a business email or business distribution list that is authorized to receive client statements.
SWIFT End of Day Report
SWIFT end-of-day reports are sent via SWIFT MT940, MT910, MT900 and MT942. Reach out to your J.P. Morgan Payments representative to enable SWIFT end-of-day reports for Blockchain Deposit Accounts.
Sanctions screening
J.P. Morgan performs screening of all payment information to comply with U.S. OFAC regulations, applicable non-U.S. sanctions, and national and international anti-terrorism laws.