Two to five days for money that never leaves the group
Minutes, 24/7/365, between any two entities
Elytra for intercompany treasury
Move your own money between entities
Fund a subsidiary or sweep cash back to the parent in minutes. Both sides book the same amount, on the same day.
Northwind Group LtdLondon · parent · £6.4M
Northwind FZ-LLCDubai · AED 3.1M
Northwind IncNew York · $2.4M
Northwind GmbHFrankfurt · €1.9M
Northwind Canada LtdToronto · CA$1.6MFunded Dubai · £500,000 → AED 2,309,5003m 20s
Tied
One rate on both legs
Both legs use the same quoted rate, so both entities record the same amount. Pick an entity and an amount.
Northwind Group LtdParent ledger · LondonIntercompany receivable£500,000.00
Cash · GBP−£500,000.00
ICT-2026-118=matched
Northwind FZ-LLCSubsidiary ledger · DubaiCash · AED+AED 2,309,500.00
Intercompany payableAED 2,309,500.00
Illustrative amounts. Sent equals received, under one reference.
What changes for the treasury team
How the month-end sweep changes when both entities share one rail.
Dubai payroll is shortFriday 14:00 · AED 2,309,500ElytraFri 14:03
Correspondent wireTue
Funded the day it is needed
A subsidiary short on payroll Friday does not wait until Tuesday for the parent’s wire.
operating need→ swept to parent £1.84M
Surplus swept, not stranded
Sweep surplus back instead of leaving it parked because moving it is slow and expensive.
How we help intercompany treasury
Moving your own money shouldn’t cost a spread or take a week. Elytra moves it in minutes, at one rate.
Each side books its own rate, days apart
One quoted rate applied to both legs
A difference between sent and received that someone explains at close
Sent equals received, under one reference
Cash trapped in-market because moving it is slow and expensive
Fund or sweep on the day you decide to
Lifting fees at each correspondent, on money that never left the group
One quoted price per movement, deducted nowhere else
Only between entities that both hold the right bank accounts
Any two entities in a supported currency pair
Model it on your group
Tell us which entities move money and how often. We’ll price it against what your banks charge today.
What is Elytra for intercompany transfers?
Elytra moves money between your own entities in minutes: funding a subsidiary, topping up a local account or sweeping cash back to the parent.
Do both entities book the same amount?
Yes. One quoted rate applies to both sides under one reference, so the amount sent equals the amount received and nothing needs explaining at month-end.
How long does an intercompany transfer take?
Minutes, 24/7/365, between any two of your entities in a supported currency pair. Through correspondent banks it takes two to five days.
What does an intercompany transfer cost?
A fraction of what the bank route costs. One price, quoted before you send, with no fees taken by banks along the way.
Settles in minutes
Move cash across the group in minutes
Tell us where your entities are and how you move money between them. We’ll map it to corridors and price it.