Corridors & Settlement Rails

Our deepest corridor, with four domestic clearing rails connected through an RBI-authorised banking partner. UPI handles instant retail-value transfers and is the most commonly used rail for individual beneficiary payouts under ₹2 lakh. IMPS provides 24/7 real-time interbank transfer capability without the value cap limitations of UPI. NEFT operates on an hourly batch settlement cycle managed by the RBI — reliable and well-suited for non-urgent payments. RTGS is available for high-value transfers above ₹2 lakh, settling in real time on a gross basis. Rail selection can be automatic (our system picks the optimal rail based on amount and time of day) or manually specified through the API.

Regulator: Reserve Bank of India (RBI) • Settlement: T+0 for UPI/IMPS, hourly for NEFT, real-time for RTGS

The UAE corridor supports both standard domestic bank transfers and the Immediate Payment Platform (IPP) operated by the CBUAE. IPP provides near-instant AED transfers between UAE-based bank accounts, while standard bank transfers settle within the same business day during clearing hours. This corridor is particularly relevant for businesses that collect funds in AED and need to disburse locally — for example, paying UAE-based suppliers, staff, or operational costs — as well as for businesses using the UAE as a treasury hub for onward conversion to other currencies.

Regulator: Central Bank of the UAE (CBUAE) • Settlement: Same day / near-instant (IPP)

Kenya presents a unique settlement landscape because of the dominance of M-Pesa in the payments ecosystem. Our Kenya corridor supports both M-Pesa mobile money payouts and direct bank-to-bank transfers through the CBK clearing system. M-Pesa reaches virtually anyone with a Safaricom SIM card — which covers the significant majority of the working-age population. Settlements to M-Pesa typically confirm within minutes. For corporate recipients or amounts exceeding M-Pesa transaction limits, direct bank credit is available with same-day settlement during clearing hours.

Regulator: Central Bank of Kenya (CBK) • Settlement: Minutes (M-Pesa), same day (bank)

Nigeria’s primary interbank payment system is NIP (Nigeria Instant Payment), operated by NIBSS (Nigeria Inter-Bank Settlement System). NIP handles the majority of electronic fund transfers between Nigerian banks and provides near-instant settlement. Our integration routes through a CBN-authorised banking partner, which means payouts land in the beneficiary’s bank account within minutes in most cases. For specific institutional recipients, standard bank-to-bank transfers via the CBN clearing infrastructure are also supported. The Nigerian corridor requires particular attention to compliance given the complexity of the local regulatory environment, which our systems are designed to handle.

Regulator: Central Bank of Nigeria (CBN) • Settlement: Near-instant (NIP)

Via SWIFT MT103 wire transfer from any global correspondent bank. The most common inbound method for US, UK, and EU-based clients.

Via domestic UAE bank transfer from any CBUAE-regulated bank. Same-day credit. Particularly efficient for UAE-based businesses or those using UAE as a treasury centre.

Via UK Faster Payments (for domestic UK transfers) or SWIFT. Faster Payments typically credits within hours; SWIFT follows standard T+1 timelines.