J.P. Morgan has expanded its treasury services business in Canada by introducing new cheque image and cheque printing capabilities.

The firm says that its new Canadian cheque image archive provides clients with the ability to view images of paid Canadian dollar and U.S. dollar cheques drawn on a J.P. Morgan Toronto account using a secure online interface. This eliminates the need to store physical cheques. Also, clients who hold Toronto accounts have a new option for printing and mailing their accounts payable cheques.

“Clients are increasingly looking for a single bank solution to help them operate more efficiently,” said Amy Altersohn, vice president, J.P. Morgan. “By enhancing our current payables capabilities in Canada with new check image archive and check printing services, clients are able to further automate treasury tasks, strengthen control of operations, and improve access to information.”

“The enhancements to J.P. Morgan’s Canadian payables capabilities are part of the company’s ongoing investment in Treasury Services systems, innovation and services designed to benefit its clients around the world,” said Chris Doria, U.S. Dollar Clearing and Canada Business Executive.

IE