J.P. Morgan announces a change in how interest is calculated on uninvested cash balances and new cash deposits in Asset Accounts, effective November 16, 2012. The interest will be calculated using the daily balance method. The Combined Terms and Conditions have been updated to reflect this change.
documents/vol00010-efta01502169-pdf.pdf
{"title":"Client News - Interest Calculation Change","document_date":"2012-09","document_type":"financial","document_subtype":"client communication","key_organizations":["J.P. Morgan"],"reference_numbers":["JPM-SDNY-00026619","SDNY_GM_00295817","EFTA01502169"]}