J.P. Morgan announces a change in how interest is calculated on uninvested cash balances and new cash deposits in Asset Accounts, effective November 16th. The interest calculation will use the daily balance method. The Combined Terms and Conditions have been updated to reflect this change.
documents/vol00010-efta01513327-pdf.pdf
{"document_date":"2012-09-01 to 2012-09-30","document_type":"financial","document_subtype":"Client News","key_organizations":["J.P. Morgan"],"reference_numbers":["JPM-SDNY-00039256","SDNY_GM_00308454","EFTA01513327"]}