JPMorgan Chase

Universal bank · New York, United States

JPMorgan Chase is the largest US bank by assets, at USD 4.42 trillion, and a G-SIB with 318,512 staff. In the US it sells small-business checking under the Chase brand, with the Business Complete account at USD 15 a month, waived with a USD 2,000 balance. Its corporate and treasury business, J.P. Morgan Payments, operates in 100+ markets and pays out in 120 currencies. Its Kinexys blockchain unit has processed over USD 3 trillion and issues the JPM Coin deposit token on the Base network. Outside the US it serves corporates and institutions only, not small firms.

Legal name: JPMorgan Chase & Co.
Regulated by: Federal Reserve (US), OCC (US), FDIC (US), PRA/FCA (UK), ECB/BaFin (J.P. Morgan SE)
Licence confirmed: yes, on a regulator's own list
Established: 2000
Website: www.jpmorganchase.com

Scores, 0 to 10

10.0United States

Nationwide US bank with online business checking, ACH and Fedwire access and 80 million clients served. · source

10.0Financial strength & stability

G-SIB with USD 4.42 trillion in assets and bank-level ratings of Aa2/AA-/AA. · source

9.0Cross-border payments, FX and multi-currency accounts

Payments in 120 currencies to 200+ countries, but international FX wires carry a USD 5 fee plus an undisclosed exchange-rate margin. J.P. Morgan Payments provides cash management, on-chain FX and programmable payments across 100+ markets, used by BMW Group and Siemens treasury. · source

9.0Trade, manufacturing & import-export

Trade finance, payables and receivables finance and export agency finance across 100+ markets. · source

7.5Startups & VC-backed companies

Innovation Economy unit with 550+ bankers advises 11,000+ companies from pre-seed stage. · source

7.0Fintech companies that need a partner bank

Kinexys and J.P. Morgan Payments serve payment service providers and Coinbase is a named partner since July 2025. · source

7.0Business cards (Visa, Mastercard)

Ink Business Preferred is a Visa card with no foreign transaction fees and employee cards at no additional cost, each with its own spending limit. · source

6.5Europe (EU, EEA, Switzerland)

J.P. Morgan SE in Frankfurt serves corporates and institutions across the EU, but there is no SME business account in Europe. · source

6.5Asia-Pacific (SG, HK, AU, JP, KR)

Corporate and treasury operations in Singapore, Hong Kong, Japan and Australia as part of 100+ markets, without SME onboarding. · source

6.5Fast digital onboarding

Online application exists for sole proprietors, corporations and single-member LLCs; other structures must visit a branch. · source

6.0United Kingdom

J.P. Morgan banks UK corporates and Chase UK is a retail-only digital bank without business current accounts. · source

6.0Online businesses: e-commerce and SaaS

Chase Payment Solutions and QuickAccept card acceptance are built into Business Complete Checking, with USD 2,000 monthly deposits waiving the fee. Business Complete Checking bundles Chase QuickAccept card acceptance but names no third-party accounting or API integrations, and the account holds USD only. · source

5.5Latin America, Africa & South Asia

Operations in Brazil, Mexico and India for corporates as part of 100+ markets, with no local SME product. · source

5.5On-ramp: buy crypto with fiat

Under a July 2025 partnership Chase customers can fund Coinbase with Chase credit cards and, from 2026, link bank accounts directly, but this targets consumers, and JPMorgan closed the accounts of Strike CEO Jack Mallers in November 2025, which lowers confidence for crypto businesses. · source

5.5Stablecoins (USDC, USDT and others)

Since November 2025 institutional clients can hold and send JPM Coin, a USD deposit token on the public Base network, for 24/7 payments and collateral, with on and off ramps to their JPMorgan cash accounts, but it is limited to vetted counterparties and JPMorgan offers no USDC or USDT services. · source

5.0Middle East & Gulf

Wholesale presence in the Gulf serving corporates and sovereigns only, no SME or free-zone onboarding. · source

5.0Crypto-friendly bank

Partnered with Coinbase in July 2025 to link Chase accounts and cards to Coinbase, yet still closed Polymarket's accounts in October 2025 and has no stated policy for onboarding exchanges. · source

5.0Off-ramp: crypto to fiat in a business account

Coinbase withdrawals to linked Chase accounts are part of the partnership, but JPMorgan publishes no source-of-funds process for crypto proceeds and has cut off crypto-linked clients, including Polymarket in October 2025 and Jack Mallers in November 2025. · source

4.5Canada

Canadian presence is a Toronto corporate and investment banking office serving large corporates only. · source

4.5Lowest fees

USD 15 monthly fee waivable at USD 2,000 balance, but wires cost USD 15 incoming and USD 25 to 50 outgoing. · source

4.0Best interest on business balances

Chase Business Total Savings pays interest but no rate is published on the product page, and the savings fee is waived only when linked to business checking. · source

4.0Foreign-owned & non-resident companies

Chase requires an SSN or ITIN and a residential address for every owner, and multi-member LLCs and entity-owned businesses must apply at a branch. · source

4.0Bitcoin

Clients get bitcoin price exposure through ETFs and IBIT-linked structured notes, and press reports say institutional clients can pledge bitcoin as loan collateral since March 2026, but JPMorgan does not buy, hold or send bitcoin for companies; the collateral claim is from a secondary source. · source

3.5Ethereum

Ether is reported as accepted loan collateral held at third-party custodians, and JPM Coin runs on Base, an Ethereum layer 2, but JPMorgan does not trade or hold ether for clients; evidence on ether collateral is secondary. · source

3.0Customer satisfaction

Trustpilot 1.3 out of 5 from 2,807 reviews on an unclaimed profile. · source

2.0High-risk verticals (iGaming, cannabis, adult, forex)

The Chase-sponsored high-risk acceptable use policy prohibits gambling, adult entertainment, marijuana and CBD products and direct cryptocurrency purchases. · source

2.0Accept crypto payments

JPMorgan offers no crypto acceptance at checkout; its Kinexys page pitches JPM Coin to payment firms for near-real-time merchant settlement and payouts, but that is a bank deposit token, not acceptance of crypto from payers. · source

1.5Crypto wallet and custody for a business

JPMorgan holds no crypto for clients; in May 2026 its markets division was still only exploring spot crypto trading, and crypto pledged for its reported collateral lending stays with outside custodians such as Coinbase Custody. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.