How Does Cross-border Settlement Work?

Xnvia enables cross-border settlement through participating Branches using cryptocurrency and local payouts.

Step 1 — Receiver Visits a Branch

The receiver visits a participating Xnvia Branch in their country to arrange a local cash payout.

Step 2 — Receiver Shares the Branch QR Code

The receiver obtains the receiving Branch's unique Cashier QR code and shares it with the sender in another country.

Step 3 — Sender Deposits Cryptocurrency

The sender scans the receiving Branch's QR code and initiates the cryptocurrency transaction through Xnvia.

Step 4 — Branch Receives Cryptocurrency

The receiving Branch verifies the incoming cryptocurrency transaction and confirms that the required settlement conditions have been met.

Step 5 — Receiver Collects Cash

Once the transaction is confirmed and the receiver has completed any required verification, the Branch pays the corresponding amount in local currency.

Important: Available payout methods, currencies and transaction requirements may vary by country and participating Branch.