J. P. Morgan praised BCS Bank’s team for excellence in STP (straight through processing) in 2020. Only fewer than 1 percent of J. P. Morgan’s STP customers were eligible for the award last year.
The awards provide further evidence of the high quality of payment orders from BCS Bank, allowing J. P. Morgan to forward the payments without any further manual operations, which makes processing cheaper and simpler.
BCS Bank scooped awards in three categories:
The figure following the award title refers to the share of automatically processed wires.
Set up in 1997, J. P. Morgan Quality Recognition Awards has been widely considered as the hallmark of excellence of operational teams.
It has recently come to our attention that some individuals in Estonia with whom we have no business relationship have received phone calls from an individual purporting to be a BCS GM employee and soliciting BCS GM investment services and investments. Please note that BCS GM does not maintain an office in Estonia. We also take no action to promote our services in Estonia through phone calls or otherwise. If you ever have any questions of whether a person contacting you is actually an employee of BCS GM, please do not hesitate to contact us at +44 20 7065 2161 or email at firstname.lastname@example.org
We also strongly recommend that you report any such cases to the national police.