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Bank of Cyprus wins JP Morgan award for payment processing excellence

The Bank of Cyprus on Thursday announced that it has received the Quality Recognition Award from global financial services firm JP Morgan Chase. The award, which the Bank of Cyprus has won for the fourth year running, is given in recognition of excellent funds transfer processes under SWIFT. In its statement, the bank noted that […]



Bank of Cyprus received the JP Morgan Chase Quality Recognition Award for the fourth consecutive year due to its excellent SWIFT funds transfer processes. Nearly 100% of the bank's 2024 US dollar payments were processed directly without manual intervention from JP Morgan. The award recognizes Bank of Cyprus's high-quality services and operational excellence in funds transfers.

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