Cross-Border Payments

SWIFT Alternative

Cross-border wallet-to-wallet payments via stablecoin rails. Settlement in hours instead of 2-5 days via SWIFT, with significant cost reduction and full compliance.

Payments & Settlement

Coinbax Controls Used

This concept leverages the following programmable controls to create a secure, compliant payment flow.

KYC/KYB Verification

Compliance Gates

Sender and receiver identity

Compliance Check

Compliance Gates

OFAC, sanctions, country restrictions

Geographic Restriction

Compliance Gates

Block prohibited jurisdictions

Use Case Example

Scenario

Manufacturing Company Paying Overseas Supplier

01
The Challenge
A US manufacturer needs to pay a $500,000 invoice to a supplier. Traditional SWIFT takes 3-5 days and costs $2,500+ in wire fees, correspondent bank charges, and FX markups.
02
The Solution
Using this template, the payment moves through stablecoin rails with full compliance checks and settles same-day. The supplier receives funds with complete transparency.
03
The Result
Payment settled in 4 hours, saved $2,100+ in total transfer costs vs. SWIFT

Ideal for

For the teams correspondent banking keeps waiting

International Trade Finance

Pay overseas suppliers and vendors with same-day settlement and full compliance.

Global Treasury Operations

Move funds between international subsidiaries without correspondent banking delays.