MauBank Receives “Elite Quality Recognition Award” from J.P. Morgan Payments

MauBank has been recognised by J.P. Morgan Payments with the “Elite Quality Recognition Award”, acknowledging the Bank’s strong performance in the processing of international payment transactions.

The recognition follows MauBank’s achievement of a MT103 Straight-Through Processing (STP) rate of 99.59% in 2025 and 99.69% in 2024, placing the Bank within the highest performance tier of J.P. Morgan Payments’ global clearing network.

The “Elite Quality” distinction recognises financial institutions that maintain exceptionally high levels of automated payment processing, reflecting the quality, structure and accuracy of their payment messaging.

MauBank’s collaboration with J.P. Morgan Payments spans more than fifteen years. Over time, this partnership has supported the continuous enhancement of the Bank’s payment infrastructure and operational processes.

As international transactions continue to play an important role in Mauritius’ economic activity, maintaining reliable access to global clearing networks remains essential for banks operating in the international financial system.

This latest recognition builds on prior distinctions and reflects the momentum MauBank continues to develop within the global correspondent banking network.

Read More: MauBank Earns Elite Global Clearing Recognition from J.P. Morgan Payments