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Cross-Border Settlement

Xnvia enables participating Branches to facilitate supported cross-border transactions through crypto-powered settlement infrastructure.

For transactions involving cash pickup, the receiver can visit your Branch and share its Cashier QR code with the sender.

The sender deposits cryptocurrency, allowing the participating Branch to complete the applicable cash payout once the required conditions have been satisfied.

How does it work?

  • The receiver visits your Branch to arrange a cash pickup.
  • Provide the receiver with your Cashier QR code.
  • The receiver shares your Cashier QR code with the sender.
  • The sender uses the QR code to initiate the cryptocurrency deposit.
  • Your Branch receives the crypto.
  • Verify that the transaction has satisfied all applicable settlement and confirmation requirements.
  • Complete the required recipient verification and hand the cash to the receiver.

Important:

Never release cash before the required cryptocurrency deposit and settlement confirmation have been obtained.

Always complete the applicable recipient verification procedures before processing a payout.

Available destinations, supported cryptocurrencies, settlement options and transaction limits depend on your Corporate account configuration and the participating network.