Southeast Bank Wins “J P Morgan’s Award”

Southeast Bank Limited wins “US Dollar Clearing MT103 Standard Quality  Recognition Award” of JP Morgan Chase Bank, NA... In terms of total assets  JP Morgan Chase Bank, NA is the largest bank in the United States and the fifth-largest bank in the world. 

M Kamal Hossain, Managing Director of Southeast Bank received a  certificate and Crest from Sazzad Anam, Executive Director and Head  Financial Institutions, Treasury Service of JP Morgan Chase Bank NA,  Bangladesh Representative Office on October 14, 2021, in Dhaka.

Southeast Bank exceeded JP Morgan’s stringent Straight Through Processing (STP) performance standard by maintaining 98.95% STP in MT103 transaction processing. In appreciation of that performance, JP  Morgan awarded Southeast Bank.

In the award ceremony, other officials from both organizations were also present.