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Issuing and Paying Agent (IPA) Services

Enhance your USD commercial paper and certificates of deposit issuance programs with the operational effectiveness of our IPA platform—IPA Port. IPA Port is supported by our knowledgeable IPA product and services team, whose focus is on your programs’ needs and requirements.

Efficient program administration and operational processing

With IPA Port, you can issue and manage your IPA programs using straight-through processing from the receipt of the issuance through settlement with the Depository Trust Company (DTC) directly into our IPA DTC account, which can reduce your issuance risk.

As a direct participant of the DTC, the central securities depository of the Depository Trust & Clearing Corporation (DTCC), we offer the following services:

  • Access to data through a single online source
  • Activity reports available in multiple formats: HTML, PDF, and DAT
  • Complete system administration and audit trails
  • Controlled access to any function or program based on a specific user
  • Dedicated client service team
  • High-level encryption that protects customer transactions behind three layers of security
  • Increased efficiency through an automated end-to-end process
  • Links to all major dealers in the U.S. using the Pre-Issuance Messaging (PIM) network
  • Transaction monitoring and reporting
  • Reduced risk through systematic checks and edits
  • Reports available at intervals of your choosing

We seek to improve administrative and operational processing by making your IPA servicing needs our top priority. With nearly 13 years of industry experience, our dedicated IPA team is well positioned to help meet your needs—from quick account opening to ongoing support of your issuance programs.

Learn More

To learn more about our Issuing and Paying Agent services, call 1-800-490-8262.

Southern California

James George

Northern California and Pacific Northwest

Dean Levitt


Randy Young

East Coast

Nils S. Dahl

Global Banking & Finance Review Award Winner 2012, 2013, 2014, 2016, and 2018

Certain products and services described in this document are provided by MUFG Union Bank, N.A., a member of the Mitsubishi UFJ Financial Group (MUFG), and are marketed under MUFG and Union Bank® brands. Online applications supporting these products are branded Union Bank. Other products and services mentioned may be offered and marketed by other MUFG entities.

MUFG Union Bank, N.A. makes no representations or warranties as to the suitability, accuracy, completeness, or timeliness of the information provided by third parties or DTC and shall have no liability for the acts or omissions of any third party or DTC. Non-deposit investment products

Non-deposit investment products: • Are NOT insured by the FDIC or by any other federal agency • Are NOT Bank Deposits • Are NOT guaranteed by the Bank or any Bank Affiliate • Are subject to risks, including the possible loss of principal.

© 2016 Mitsubishi UFJ Financial Group, Inc. All rights reserved. The MUFG logo and name is a service mark of Mitsubishi UFJ Financial Group, Inc., and is used by MUFG Union Bank, N.A., with permission. Member FDIC.