International Billing Statement Guide

Transcription

1 TREASURY SERVICES International Billing Statement Guide Information on How to Read Your International Billing Statement

2 International Billing Statement Guide This guide is intended to provide information to help you understand each area of your billing statement. All terms, column headings and summary line items are explained in detail with clear cross references. Information about Statements Each month you will receive a detailed billing statement and if appropriate, tax invoice for your account(s). If you have multiple accounts, you will receive a summary billing statement for your entire billing relationship in addition to a detailed billing statement for each individual account. The summary billing statement also contains relationship account information, which lists all accounts included in your billing relationship. Detailed Billing Statement The detailed billing statement contains the following information: 1 Billing Statement Definitions and Information Page 2 Provides a summarised view of the service and transaction charges applied to your account. 2 3 Analysis Page 4 A review of all services and transactions used during the month and the resulting charge. s and transactions are grouped by type of service and sorted by service code. Tax Invoice Definitions and Information Page 6 A view of all services and transactions used during the month with the appropriate taxes applied. International Billing Statement Guide 1

3 1 Billing Statement Definitions and Information Charge Information Provides a summarised view of the service and transaction charges applied to your account Date: Date in DD/MM/YYYY format that the statement is created. Tax Registration Number: Tax ID of the JPMorgan branch issuing the billing statement. Statement Reference Number: Unique numerical reference assigned to a statement when calculated. Contact: The telephone number of the JPMorgan Treasury s Solution Centre open 24 hours a day, Monday to Friday. Grouped: For those accounts which are part of a billing relationship, you will see an indicator showing "Grouped." From/To Date: The beginning and end date of the analysis period. Page: Each section of the analysis is numbered consecutively. The tax statement is paged separately from the billing statement. Group No: Internal reference number assigned to create a billing relationship Accounts Included in the Billing Statement: A list of individual accounts included in this relationship. Account Number: The account number for this statement or within a relationship. Total s This Period: The sum of the charges for services rendered. A breakdown of this value is detailed in the Activity Detail section. Total Tax Amount: This is the amount of taxes for the services rendered. Charge Amount: Net charge which will be debited from your nominated billing account. To Account: This is the account that will be debited for services rendered. Rate Information Shows the currency conversion rates used to produce the statement Description: The conversion of pricing currency to the appropriate settlement currency. Rate: The applied rate of exchange. Basis: The pricing currency. Activity Summary Shows totals of services and transactions accumulated by currency and type Type: Group name of services and transactions used during the month. Description: The name of the service or transaction used. Curr: The currency in which your services and transactions are priced. : The charge for each service or transaction in the pricing currency. Curr: The currency of the account to which your fees are settled. : The total charge in the settlement currency. Total: The sum of the Activity Summary. Total s: The sum of the charges for services and transactions rendered during the analysis period. International Billing Statement Guide 2

4 1 Billing Statement Definitions and Information /11/2008 Billing Statement ABC Company tax Registration Number: xxxxxxxxxxxxxxxxxxxxxx 125 Any Street City, State, Zip or Postal Code, Country Statement Reference Nbr: Contact: PLEASE CONTACT YOUR SERVICE REPRESENTATIVE AT +12 (0) From 01/10/ to 31/10/ page Group No GROUP ACCOUNT Accounts Included In The Billing Statement: Account Number Account Number Total Charge For s This Period Total Tax Amount **** Charge Amount in GBP (POUND) To Account Rate Information Description 15 Rate 16 Basis 17 EUR To GBP EUR USD To GBP USD Activity Summary Type Description 19 Curr Curr Account s EUR Electronic Payments - Urgent EUR Electronic Payments - ACH EUR Liquidity - Sweeping USD.00 Total 24 EUR GBP Total s All pricing examples are for demonstration only and are not representative of the actual price of service. International Billing Statement Guide 3

5 2 Analysis Activity Detail Shows total of services and transactions by currency and service type Code: Number that designates the service or transaction. Description: Name of the service or transaction. Volume: Number of transactions Price ID: Method of pricing used for this service or transaction. Blank is normal pricing method; F is price derived from a flat fee; M is price derived from minimum charge; T is price derived from tiered pricing structure; and, 1-9 indicates the line of tier pricing structure. : The charge for each service or transaction in the pricing currency Footnotes: This section will display the appropriate European Union (EU) message[s] for services provided by JPMorgan branches within the EU, in accordance with EU guidelines. s that fall within those guidelines will be clearly identified in the product summary and associated with the corresponding footnote. Total Activity Charges: Total detail activity charges. 29 Curr: The currency in which your 33 services and transactions are priced. 30 Unit Price: The price of one service or transaction. Total: This figure represents the subtotals for service charges for each group of services. 36 Statement Messages: This area of the billing statement will communicate information regarding your billing statement, including regional tax information (where appropriate) and other important JPMorgan announcements. International Billing Statement Guide 4

6 2 Analysis 04/11/2008 Billing statement ABC Company tax Registration Number: xxxxxxxxxxxxxxxxxxxxxx 125 Any Street City, State, Zip or Postal Code, Country Statement Reference Nbr: Contact: PLEASE CONTACT YOUR SERVICE REPRESENTATIVE AT +12 (0) From 01/10/2008 to 31/10/2008 page 2 Group No Group Account Activity Detail Code Description Volume Curr Unit Price Price ID Account s 2120 Account Maintenance 1 EUR F A/C Statement Paper Weekly 1 EUR A/C Statement Paper Monthly 1 EUR Interest Stmt Paper Monthly 2 EUR Total Account s EUR Electronic Payments - Urgent 4627 L/CCY Pymt EB STP 20 EUR L/CCY Pymt EB REPAIR 4 EUR F/CCY Pymt EB STP 16 EUR L/CCY Pymt MT103 STP - BEN 1 EUR Total Electronic Payments - Urgent EUR Electronic Payments - ACH 8027 ACH Payment - UK 884 EUR Direct Debit / ACH Debit 13 EUR Total Electronic Payments - ACH EUR LIQUIDITY SWEEPING 8555 Single Sweep 1 USD Total LIQUIDITY - SWEEPING USD Footnotes: This section will display the appropriate European Union (EU) message[s] for services provided by JPMorgan branches within the EU, in accordance with EU guidelines. s that fall within those guidelines will be clearly identified in the product summary and associated with the corresponding footnote. 35 Total Activity Charges EUR STATEMENT MESSAGES: This area of the billing statement will communicate information regarding your billing statement, including regional tax information (where appropriate) and other important JPMorgan announcements. All pricing examples are for demonstration only and are not representative of the actual price of service. International Billing Statement Guide 5

7 3 Tax Invoice Definitions and Information Tax Information The tax invoice provides the list of services and transactions that are subject to tax Tax Invoice for Account: The account to which the invoice applies. Code: Number that designates the service or transaction Total Subject to VAT: Total charge for services subject to a value added tax. Tax Amount: Total value added tax Date: Date the tax invoice is created. Tax Registration Number: Tax ID of JPMorgan branch issuing the billing statement. Statement Reference Number: Unique numerical reference assigned to a statement when calculated. Account No: The account number that is charged for the rendered services. Tax Invoice Number: Consists of the statement date, tax region and sequence number. From/To: The beginning and end date of the tax invoice. Tax Invoice Date: End period for the taxes presented on the invoice. Page: Each page of the tax invoice is numbered consecutively. The tax statement is paged separately from the billing statement Description: The name of the service or transaction. Volume: Quantity of the service or transaction used. Curr: The currency in which your services and transactions are priced. Unit Price: The price of one service or transaction. : The total charge for each service or transaction in the pricing currency. Curr: The currency of the account to which your fees are settled. : The total charge in the settlement currency. Total: This figure represents your total charge for services for which taxes will apply Total Tax: Amount of taxes for the services rendered applied to your account for the analysis period. Equivalent Tax: Tax charged to the account represented in the settlement currency. Rate Information Shows the currency conversion rates used to produce the tax invoice Description: Shows the currency conversion rates used to produce the tax invoice. Rate: The applied rate of exchange. Basis: The conversion of currencies from the pricing currency to the appropriate settlement currency. International Billing Statement Guide 6

8 3 Tax Invoice Definitions and Information J.P. Morgan chase bank, N.a /11/ Any Street tax Invoice City, State, Zip Or Postal Code, country tax Registration Number: xxxxxxxxxxxxxxxxxxxxxx Statement Reference Nbr: account No: tax Invoice Number TX ABC Company from 01/10/ Any Street 42 to 31/10/2008 City, State, Zip Or Postal Code, country tax Invoice Date: 31/10/ page 1 Contact: PLEASE CONTACT YOUR SERVICE REPRESENTATIVE AT +12 (0) Tax Invoice For Account: Code Description Volume Curr Unit Price Curr 4627 L/CCY Pymt EB STP 20 EUR L/CCY Pymt EB Repair 4 EUR Cheque Issued - Domestic 10 EUR L/CCY Pymt MT103 STP - BEN 1 EUR Total 54 EUR GBP Total Subject to VAT V.A.T. - Current Period / Tax Amount GBP Total Tax GBP Equivalent Tax Rate Information Description 59 Rate 60 Basis 61 EUR To GBP EUR All pricing examples are for demonstration only and are not representative of the actual price of service. International Billing Statement Guide 7

9 If you have any questions about your new statement, please contact your Client Representative. JPMorgan Treasury s jpmorgan.com/ts The services and charges contained in the billing statements in this guide are provided for illustrative purposes and may differ from a client s actual services and charges JPMorgan Chase & Co. All rights reserved. Produced by TSS Global Marketing.