Cross-border corridors
A later phase, not part of the current service, and subject to legal, regulatory and risk approval.
CROSS-BORDER CORRIDORS · PROPOSED FUTURE PHASE
A later phase, not part of the initial route
A customer in one market pays local currency to an authorised partner. USDU carries the dollar value to an authorised partner in the destination market. That partner pays the beneficiary in local currency from funds it already holds, then replenishes those funds by redeeming the USDU for US dollars and converting through its own banks.
Five movements, illustrated
Price and execution
The rate is quoted and the trade executed on MEX ECN, where permitted. The customer knows the rate before paying.
Customer pays locally
Local currency is paid to the authorised partner in the origin market.
USDU carries the value
The partner sends USDU from inventory to the partner in the destination market.
Beneficiary is paid
After confirmed receipt and completed checks, the destination partner pays from funds it already holds.
Funds are replenished
The partner redeems USDU for US dollars and converts through its own banks. Local funds do not replenish themselves.
What would have to be true
- Permitted use confirmed in writing for this type of transfer
- An authorised partner appointed at each end, licensed for collection, conversion and payout in its own market
- Local funds in place at the receiving end before any payment is accepted
- The responsible MultiBank entity confirmed for each role
What we are not saying
No pricing, timing or saving is quoted, because the cost and timing of the conventional route have not yet been measured. Any comparison will be published only when it can be evidenced.
Talk to the institutional desk
Institutional enquiries only. Tell us the nature of your enquiry and we route it to the desk that owns it. Registering interest does not create any obligation on either side.