Following the launch of J.P. Morgan’s virtual branch in India last December, the bank has opened a virtual branch in Indonesia. Are more Asian locations about to be rolled out?
The number of clients in India using the J.P. Morgan virtual branch service has been growing rapidly and the bank is expecting strong interest in Indonesia as well. Further virtual branches for the region are slated to come online, with expected launches in Thailand and China in the near term.
Offered via the J.P. Morgan ACCESS® OnlineSM, the virtual branch is a fully integrated platform that provides a comprehensive suite of banking services that can be securely accessed from desktops and mobile devices.
Highly Innovative Approach
With the service, clients can submit documents digitally, initiate and approve transactions online as well as have complete visibility of all cross-border and statutory payment transactions.
«J.P. Morgan has taken a highly innovative approach in this rapidly changing environment and will continue to invest to simplify and improve the banking experience for our clients,» said Manoj Dugar, Head of Core Cash Management product for Treasury Services, Asia Pacific, at J.P. Morgan.
