Settlement
The cross-border leg settles 24/7. Weekends included.
Value moves between currencies on stablecoin rails, so a conversion on Friday evening does not wait for Monday. No pre-funding, no nostro accounts, no dollar in the middle.
- Partner-licensedRegulated partners hold funds
- No pre-fundingNo nostro account per market
- 24/7Cross-border leg, every day
Large-value systems close at weekends. The next window opens Monday morning.
The stablecoin leg runs every day. Local payout rails keep their own schedules.
What a weekend costs a correspondent payment.
Drag the cut-off. If your bank's last window is Friday at 17:00 and the next one is Monday at 09:00, money sent after the cut-off sits still for the whole gap.
Illustrative: cut-offs differ by bank and currency, and some domestic instant rails run every day. See which ones in the weekend settlement calendar.
Three legs. One reference.
Fund in your currency, settle the cross-border leg on stablecoin rails, pay out on local rails. You see each leg on the same record.
Fund
EUR over SEPA or SEPA Instant, GBP over Faster Payments, others over SWIFT.
Settle 24/7
The cross-border leg moves on stablecoin rails, every day of the week. One conversion on a direct pair.
Pay out
Local rails across 63 countries, from the balance you converted into.
ref st-5520Funded · EUR 250,000
Correspondent banking vs Modality.
Tap a row to see what changes.
Tap a row.
Settlement sits under every flow.
Convert on a direct pair and pay out on local rails, on the same record.
Explore Direct FX →Built for desks that cannot wait for Monday.
Clients trade on weekends. Settle their fiat on weekends too.
Learn more → Trade & commodity financeMove value across currencies when the deal closes, not when the window opens.
Learn more → Corporate treasuryRelease working capital tied up in pre-funded accounts per market.
Learn more →Frequently asked questions.
Bring the corridor that stalls on Fridays and we will walk through how it settles.
Get a quoteWhat does 24/7 settlement mean here?
The cross-border leg, where value moves between currencies, runs every day of the week, weekends and bank holidays included, on stablecoin rails. Funding and local payout rails keep their own schedules.
Do I need to hold stablecoins?
You fund in fiat over SEPA, SEPA Instant, Faster Payments or SWIFT and pay out on local rails. The stablecoin rail carries the cross-border leg in between.
Why no pre-funding or nostro accounts?
Balances sit on one record with licensed partners and the cross-border leg settles directly, so you do not keep a pre-funded or nostro account in each market.
Will my payee be paid on a Sunday?
That depends on the payee's local rail. Some domestic instant rails run every day and some close at weekends; the weekend settlement calendar shows which.
Is there FX involved?
If the currencies differ, it is one conversion on a direct pair, with the rate quoted before you commit. Any two of 36 account currencies form one of 630 direct pairs.
How do I integrate?
Through a REST API for quotes, conversions, payouts and webhooks, or through the dashboard with the same primitives. Roles and approval thresholds work on both, and you can test in a sandbox before you are contracted.
Is Modality a bank? Where does the money sit?
Modality is a technology services provider, not a bank and not a licensed money transmitter. Licensed partners hold client funds and run payment, custody and exchange under their own licences and authorisations. Coverage is subject to onboarding, eligibility and regulatory review.
Get a quote · Settlement
Tell us your flow. We'll show the route.
A call on your pairs, your volumes and your flow. You see the route and how a quote works for your corridor.
- A person reads it.Your answers go to the people who will run the call, so it starts on your corridor, not on a sales script.
- Two slots or an honest no.We reply with two 15-minute slots, or an honest no with the reason.
- Sandbox before contract.Test the flow with test balances before you are contracted.
In a hurry? Write to open@inmodality.com