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BoV receives JP Morgan quality award

Bank of Valletta has received the JP Morgan Quality Recognition Award for the standards maintained by its funds transfer operations management and staff this year.

JP Morgan has presented awards to select US dollar clearing clients achieving best-in-class operating excellence since 2007.

These awards are presented to clients achieving top straight-through results by properly formatting their SWIFT payments.

“Less than one per cent of JP Morgan’s total funds transfer clients are able to meet the criteria needed for the award,” JP Morgan product executive Christine Doria said.

“It is a privilege to work with a client that demon-strates a long-term commitment to quality.”

BoV’s executive head, Operations, Lawrence Micallef, said the award illustrated the bank’s leading presence in the global financial services market .

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