Local Payments
Domestic credit in the beneficiary’s market where the corridor supports a local transfer.
Dedicated virtual accounts so a business can collect, reconcile and pay across Local Payments, EFT, BillPay, ACH, SEPA, Faster Payments, CHAPS and SWIFT — from one programme.
Issue dedicated virtual accounts to clients, counterparties or internal units. Reconcile incoming payments without a single shared account number. Move funds on the rails below from one dashboard.
Availability follows the client programme. Nothing here is a promise that every method is live on every account. PaySquirl Limited does not currently offer these services; FINTRAC registration is pending.
Domestic credit in the beneficiary’s market where the corridor supports a local transfer.
Electronic funds transfer for domestic credit in supported markets, including Canada.
Bill-payment credits to registered billers where the corridor supports them.
US Automated Clearing House credits and debits where enabled on the programme.
Euro credit transfers across the Single Euro Payments Area.
Near real-time sterling payments in the United Kingdom.
Same-day, high-value sterling payments in the United Kingdom.
Cross-border transfers when a local rail is not the right path.
| Region | Local Payments | EFT | BillPay | ACH | SEPA | Faster Payments | CHAPS | SWIFT |
|---|---|---|---|---|---|---|---|---|
| North America | Programme | Programme | Programme | Programme | — | — | — | Programme |
| United Kingdom | Programme | — | — | — | — | Programme | Programme | Programme |
| EU / EEA | Programme | — | — | — | Programme | — | — | Programme |
| Asia | Programme | — | — | — | — | — | — | Programme |
“Programme” means the rail may be enabled after onboarding. It does not mean every client has it on day one.
eCommerce and FX programmes may also receive or convert further currencies via alternative methods, including JPY, ILS, TRY, NGN, GHS, UGX, KES, ZAR, XOF, MWK, RWF, XAF, TZS, ZMW, USDT and USDC.