TREASURY SERVICES International Billing Statement Guide Information on How to Read Your International Billing Statement
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
1 Billing Statement Definitions and Information Charge Information Provides a summarised view of the service and transaction charges applied to your account. 1 2 3 4 5 6 7 8 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. 9 10 11 12 13 14 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. 15 16 17 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. 18 19 20 21 22 23 24 25 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
1 Billing Statement Definitions and Information 4 1 04/11/2008 Billing Statement ABC Company tax Registration Number: 000-0000-00 xxxxxxxxxxxxxxxxxxxxxx 125 Any Street City, State, Zip or Postal Code, Country Statement Reference Nbr: 0999-00-000000000011111111-20081031 3 5 Contact: PLEASE CONTACT YOUR SERVICE REPRESENTATIVE AT +12 (0)1234 123456 From 01/10/2008 6 to 31/10/2008 7 page 1 2 9 10 Group No. 8 000000011111111 GROUP ACCOUNT Accounts Included In The Billing Statement: Account Number 0999 000000011111111 0999 000000022222222 Account Number 0999 000000044444444 0999 000000033333333 11 Total Charge For s This Period 407.61 Total Tax Amount 12 63.73 13 **** Charge Amount in GBP (POUND) 471.34 To Account 0999 000000011111111 14 Rate Information Description 15 Rate 16 Basis 17 EUR To GBP.7898194 EUR USD To GBP.5077954 USD Activity Summary 20 21 22 23 18 Type Description 19 Curr Curr 00210 Account s EUR 12.00 00230 Electronic Payments - Urgent EUR 238.00 00240 Electronic Payments - ACH EUR 266.08 00320 Liquidity - Sweeping USD.00 Total 24 EUR 516.08 GBP 407.61 25 Total s 407.61 All pricing examples are for demonstration only and are not representative of the actual price of service. International Billing Statement Guide 3
2 Analysis Activity Detail Shows total of services and transactions by currency and service type. 26 27 28 Code: Number that designates the service or transaction. Description: Name of the service or transaction. Volume: Number of transactions. 31 32 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. 34 35 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
2 Analysis 04/11/2008 Billing statement ABC Company tax Registration Number: 000-0000-00 xxxxxxxxxxxxxxxxxxxxxx 125 Any Street City, State, Zip or Postal Code, Country Statement Reference Nbr: 0999-00-000000000011111111-20081031 Contact: PLEASE CONTACT YOUR SERVICE REPRESENTATIVE AT +12 (0)1234 123456 From 01/10/2008 to 31/10/2008 page 2 Group No. 000000011111111 Group Account Activity Detail 28 29 30 31 32 26 27 Code Description Volume Curr Unit Price Price ID Account s 2120 Account Maintenance 1 EUR 8.000 F 8.00 2129 A/C Statement Paper Weekly 1 EUR 1.000 1.00 2130 A/C Statement Paper Monthly 1 EUR 1.000 1.00 2140 Interest Stmt Paper Monthly 2 EUR 1.000 2.00 33 Total Account s EUR 12.00 Electronic Payments - Urgent 4627 L/CCY Pymt EB STP 20 EUR 5.000 100.00 4628 L/CCY Pymt EB REPAIR 4 EUR 5.000 20.00 4631 F/CCY Pymt EB STP 16 EUR 5.000 80.00 4637 L/CCY Pymt MT103 STP - BEN 1 EUR 38.00 38.00 33 Total Electronic Payments - Urgent EUR 238.00 Electronic Payments - ACH 8027 ACH Payment - UK 884 EUR.301 266.08 8072 Direct Debit / ACH Debit 13 EUR.000.00 Total Electronic Payments - ACH EUR 266.08 LIQUIDITY SWEEPING 8555 Single Sweep 1 USD.000.00 Total LIQUIDITY - SWEEPING USD.00 34 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 516.08 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. All pricing examples are for demonstration only and are not representative of the actual price of service. International Billing Statement Guide 5
3 Tax Invoice Definitions and Information Tax Information The tax invoice provides the list of services and transactions that are subject to tax. 45 46 Tax Invoice for Account: The account to which the invoice applies. Code: Number that designates the service or transaction. 55 56 Total Subject to VAT: Total charge for services subject to a value added tax. Tax Amount: Total value added tax. 37 38 39 40 41 42 43 44 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. 47 48 49 50 51 52 53 54 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. 57 58 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. 59 60 61 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
3 Tax Invoice Definitions and Information J.P. Morgan chase bank, N.a. 37 04/11/2008 125 Any Street tax Invoice City, State, Zip Or Postal Code, country tax Registration Number: 000-0000-00 xxxxxxxxxxxxxxxxxxxxxx 38 39 Statement Reference Nbr: 0999-00-000000000011111111-20081031 account No: 40 0999 00 000000011111111 tax Invoice Number 20081031-TX999-0000011 41 ABC Company from 01/10/2008 125 Any Street 42 to 31/10/2008 City, State, Zip Or Postal Code, country tax Invoice Date: 31/10/2008 44 page 1 Contact: PLEASE CONTACT YOUR SERVICE REPRESENTATIVE AT +12 (0)1234 123456 43 45 Tax Invoice For Account: 0999 000000044444444 48 49 50 51 52 53 46 47 Code Description Volume Curr Unit Price Curr 4627 L/CCY Pymt EB STP 20 EUR 5.000 100.00 4628 L/CCY Pymt EB Repair 4 EUR 5.000 20.00 8726 Cheque Issued - Domestic 10 EUR 5.000 80.00 4637 L/CCY Pymt MT103 STP - BEN 1 EUR 38.000 38.00 Total 54 EUR 238.00 GBP 187.97 55 Total Subject to VAT 187.97 V.A.T. - Current Period / V.A.T. @ 17.500000 Tax Amount 56 32.89 GBP Total Tax 57 32.89 GBP Equivalent Tax 58 32.89 Rate Information Description 59 Rate 60 Basis 61 EUR To GBP.7898194 EUR All pricing examples are for demonstration only and are not representative of the actual price of service. International Billing Statement Guide 7
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. 2008 JPMorgan Chase & Co. All rights reserved. Produced by TSS Global Marketing.