Elytra FAQs
FAQs

Limits, timings, onboarding, custody

The questions treasury and compliance teams ask us first. If yours is not here, ask us directly.

01

Getting started

How long does onboarding take?

Sandbox access the same day. Production depends on your diligence pack — most customers are live inside three weeks.

Do we need a licence in each destination market?

No. Each corridor terminates at a licensed local partner. You contract with Elytra; we hold the partner network.

Is there a minimum volume?

No minimum to start in sandbox. Pricing improves with committed monthly volume per corridor.

02

Money movement

How fast does a transfer actually settle?

Median 4 minutes 12 seconds on live corridors, measured end to end from deposit to payout. Same-day on rails without an instant scheme.

Does it work on weekends and holidays?

Yes. The crossing runs 24/7/365. Payout timing then follows the destination rail — instant schemes land immediately, batch rails land the next business morning.

Do we need to pre-fund the destination?

No. Payout liquidity comes from the licensed partner on the far side, so your working capital stays on your balance sheet.

03

Pricing

What does a transfer cost?

One all-in price under 1%, with FX already inside it. Nothing is added after the payout lands.

How is FX priced?

Quoted per corridor and held while your team approves. You see the rate and the total before you commit.

Are there platform or per-account fees?

No seat fees and no monthly platform minimum. You pay per transfer.

04

Custody and risk

Does Elytra hold our money?

No. Licensed institutions hold and move funds at every leg. Elytra is the orchestration layer and never takes custody.

What happens if a leg fails?

Every transfer is idempotent and reversible up to the payout instruction. Failed legs unwind to the source account with a reason code.

What reporting do you provide for audit?

Every quote, commitment and payout is attributed to a user and exportable as a signed audit trail.

05

Integration

How much work is the integration?

One endpoint to quote, one to commit, and webhooks for each state change. Most teams are through sandbox in a day.

Can we run it from the console instead?

Yes. Everything the API does is available in the console, with roles and approvals on top.

Do you support batch payouts?

Yes, up to 10,000 instructions per batch with per-instruction status reporting.

Still have a question?

Send it over — a real engineer or compliance lead answers, usually same day.

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