J.p.morgan Chase Bank Berhad SWIFT/BIC code

CHASMYKX – the SWIFT/BIC code of J.p.morgan Chase Bank Berhad

The 8-character code CHASMYKX and the 11-character code CHASMYKXXXX identify one and the same institution: J.p.morgan Chase Bank Berhad in Kuala Lumpur, Malaysia. A BIC does one job: it ensures that an international payment ends up at the right bank. You will need it mainly when dealing with transfers between countries or a currency.

We wrote this page to help anyone who pays into an account at J.p.morgan Chase Bank Berhad and wants to get the details right. Remember that the BIC only identifies the bank, not the account: the IBAN or account number takes care of that.

Protect yourself against fake payment requests

One of the most common tricks works like this: you receive a request claiming that a supplier has a new bank account and asking you to pay there from now on. A real SWIFT code says nothing about whether the request is genuine – scammers simply use real codes.

Before paying, confirm a change of bank details through a phone call, using a number you already had. Be suspicious of urgent requests, odd spelling or an email address that differs by one letter. When a payment has already gone to the wrong account, call your bank right away – speed improves the chance of getting it back.

People receiving money are targeted too: one known trick is a buyer who pays too much followed by a request to send back the difference. Wait until the money is actually in your account and check with J.p.morgan Chase Bank Berhad if anything seems off.

Tracking a transfer to or from J.p.morgan Chase Bank Berhad

How quickly a transfer reaches J.p.morgan Chase Bank Berhad depends on several factors: the currency, the number of banks in between, cut-off times and time zones. Bank holidays in the sending or receiving country can add a day or more. Extra checks by one of the banks may also cause some delay.

If a transfer is delayed, ask the sending bank about the tracking status so they can trace it along the chain. Save the payment confirmation until the recipient confirms; it contains the details a bank needs to start a trace.

The bank that sent the money is able to request a trace or a recall – the recipient’s bank often cannot see a payment that has not arrived. As a recipient, it helps to check your account to see a partial amount, since fees may have been deducted.

Sending money abroad from J.p.morgan Chase Bank Berhad

What you pay for an international transfer has more than one component – not just the fee on your screen. Besides a fixed fee, banks in between can deduct a fee, and when the money changes currency the bank usually applies a rate that is less favourable than the actual market rate.

Most of the cost usually sits in the exchange rate: many banks convert using an exchange rate with a margin built in. A simple test: put the bank’s rate next to the mid-market rate for the same moment and work out the difference on your amount.

For a lot of routes, a transfer service turns out to be less expensive than a bank – mostly thanks to the rate. On GoldexPay you can compare the amount that arrives with different providers, so you can pick the cheapest route. Using a transfer service does not mean leaving J.p.morgan Chase Bank Berhad – you pay the provider from your own account.

Before you send: check the J.p.morgan Chase Bank Berhad code

Have the recipient copy the account details straight from a recent statement. If the code you have differs from CHASMYKX or CHASMYKXXXX, stop and ask: check with the recipient or with J.p.morgan Chase Bank Berhad directly.

Mistakes in the BIC are costly more than disastrous. Do not forget the IBAN: an error there can be harder to undo than a wrong code.

An automatic check by your bank merely confirms that the IBAN is valid. If your bank offers it, a payee name check before sending adds an extra layer of safety. When you pay someone new, many people start with a small amount first.

Head office or branch code at J.p.morgan Chase Bank Berhad?

Having 3 codes, J.p.morgan Chase Bank Berhad belongs to the banks that register individual codes for branches and departments. The head office code is CHASMYKXXXX.

For the vast majority of incoming transfers, the head office code CHASMYKXXXX works fine. When you receive a branch code, stick to it rather than swapping it with the head office code.

When in doubt, check with the recipient for the exact BIC in their bank details. Branch codes are more prone to change than the head office code when a bank merges or closes offices.

Incoming international payments to J.p.morgan Chase Bank Berhad

To receive a transfer from abroad at J.p.morgan Chase Bank Berhad, the sender needs more than the SWIFT code. The basics are: the account holder’s name, IBAN or account number, CHASMYKXXXX and in many cases your postal address.

The sender’s bank might request the address of your bank. A mistake in your account number can be more trouble than you might think.

Money from abroad does not always arrive in full. Correspondent banks can take a fee, J.p.morgan Chase Bank Berhad may charge for incoming payments, and if the currency changes, a markup on the rate comes on top. For business payments, it is common to agree how the fees are split.

Where our SWIFT data comes from

The details on this page come from publicly available data. It is possible that a code here is no longer current. The figures on this page are based on our own data and not on information from J.p.morgan Chase Bank Berhad itself.

See the information here as a helpful check and rely on the recipient or J.p.morgan Chase Bank Berhad for the final confirmation. GoldexPay is an independent comparison service and not part of J.p.morgan Chase Bank Berhad. Should you notice a mistake, we welcome a short note via the contact page.

Why J.p.morgan Chase Bank Berhad has an 8- and an 11-character code

The layout of a BIC never changes: four characters for the institution, two for the country and a two-character location code, plus an optional branch code. The result is CHASMYKX, the short form of the code.

XXX at the end of CHASMYKXXXX does not stand for a placeholder or an error: it indicates the main office of J.p.morgan Chase Bank Berhad. Certain payment forms ask for 11 characters, and then you simply enter XXX after CHASMYKX.

In practice the code is written in capitals and without spaces. Copying the code is safer than typing it by hand, because one wrong letter changes the bank.