JPMorgan Chase & Co. announced Wednesday that it is offering electronic payment services in the Baltic and Nordic regions.
The company said the rollout to these seven additional countries brings to 20 the number of European countries in which its clients can transact domestic clearings, both urgent payments and nonurgent local automated clearing house transactions, in addition to multicurrency transactions and cross-border transactions in the Single Euro Payments Area initiative.
JPMorgan Chase began processing mass payments in Europe on a new unified payments system in February, the first in a series of upgrades to adapt its Global ACH service to coming changes in ACH rules in the United States and Europe.
