iTransfr
Open Account
Support›Payments & FX
← Back to Support Center

Payments & FX

Cross-border payments, supported corridors, and settlement times

iTransfr provides cross-border payments and FX services designed for businesses that need fast, transparent, and cost-efficient settlement across multiple countries. Our infrastructure connects directly to local payment systems in 50+ countries, bypassing traditional banking delays and delivering funds in minutes instead of days.

Supported Corridors

We support payment flows across major markets through local rails and our global network.

🇺🇸 United States

  • Fedwire (USD): under 30 minutes before 4PM EST, any amount, No Limits
  • ACH (USD): same-day/overnight processing

🇪🇺 Europe

  • SEPA Instant (EUR): under 10 minutes, available across all 27 EU countries
  • CHAPS & Faster Payments (GBP): same-day settlement in the UK

🌎 Latin America

  • Brazil PIX (BRL): under 15 minutes, unlimited amounts, ideal for exporters, importers, and marketplaces
  • Colombia PSE (COP): same-day settlement via ACH Colombia
  • Mexico SPEI (MXN): real-time transfers in and out of Mexico
  • Argentina local bank transfers (ARS): domestic on/off ramps

🌍 Africa

  • Nigeria (NGN), Ghana (GHS), Kenya (KES), Senegal (XOF), Angola (AOA) and 15+ additional African markets via local partners
  • Same-day settlement in local currency across all supported African corridors

🌐 Global

  • SWIFT (USD, EUR, GBP, others): 170+ countries, T-0/T+1 settlement depending on jurisdiction

Settlement Times

Instant (under 15 min)
BRL (PIX), EUR (SEPA Instant), MXN (SPEI)
Same Day
COP (PSE), NGN & African local rails, GBP (Faster Payments)
Next Day (T+1)
Some SWIFT corridors depending on country/bank

Key Benefits

Faster than banks

Payments that normally take 2-5 days via SWIFT are reduced to minutes or hours

Lower FX costs

Clients typically save 1-3% compared to bank FX spreads

Transparent settlement

All transactions come with full audit trails and real-time tracking

Non-custodial approach

Funds flow directly between your business and counterparties; iTransfr acts as the settlement infrastructure

Compliance & Monitoring

All payments are subject to:

  • Full AML/KYC verification of client entities
  • Sanctions and fraud screening
  • Real-time transaction monitoring via iTransfr's compliance stack

How to Get Started

  1. Onboard your business with iTransfr's compliance team (KYB)
  2. Request corridor access for the currencies you need
  3. Submit your payment via the iTransfr platform or API
  4. Track real-time settlement confirmation

Ready to Start Sending Payments?

Get access to fast, transparent cross-border payments with competitive FX rates and real-time settlement tracking.

Open Account