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Elytra for remittance

Pay out same day, in every corridor

Remittance runs on two numbers: the spread you offer and the cash you park to offer it. Elytra takes the parked cash to zero, so your spread can come down.

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Live corridorsliveHeld and settledPartner payout
Elytra corridor coverage
Minutesdeposit to payout
$0parked in destination markets
24/7/365weekends and holidays included
New transfer0:30
You send
125,000.00GBP
They receive in Dubai
577,375.00AED
FXincluded in the price
Destination floatnone
Deposit received0:00
Crossed corridor2:05
Liquidated3:20
Paid out3:58

Illustrative amounts. Commit runs a sample transfer.

Day one

What changes on day one

Three things your treasury team notices in week one.

none

Zero destination float

Each payment funds its own payout, so none of your cash waits abroad.

minutes

Same day, every day

No cut-off to miss, so the evening batch isn’t tomorrow’s problem.

locked on commit

One quoted price

FX is inside the price you lock, not hidden in a spread.

Float

What the float costs you today

Move the sliders to your own numbers. Every pound parked in a payout market is one you can take back.

Illustrative. Send us a month of volume and we will price your real corridors.

Float you can release$2,630,137
What carrying it costs a year$210,411
Parked today$2.6M
With Elytra$0

How we help remittance companies

Bank rails are slow, opaque and hungry for capital. Elytra removes the parked cash and the waiting from every corridor.

Current alternativesElytra
Settlement speedTwo to five days, and a cut-off decides whether today countsMinutes, 24/7/365, weekends and holidays included
Capital requirementA pre-funded float in every payout market before you send a thingNone. Each payment funds its own payout
FX pricing transparencySpread buried in the rate, discovered at reconciliationOne quoted rate with FX visible before you commit
Corridor coverageA new bank relationship, and months, per marketLocal payout rails across major markets on one integration
Cost per transferCorrespondent fees, lifting fees and a spread you only see afterwardsOne quoted price per transfer, nothing deducted in the middle
Failure handlingA payment goes quiet and you hear about it from the customerEvery state pushed live, with a reason when a payout fails

See it on your volume

Send us one month of corridor volume. We’ll show you the cash you free up, the fees you avoid and how fast it lands.

Get a quote
Questions

Remittance, answered

Short answers to what teams ask us first. More in the FAQ.

What is Elytra for remittance?

Elytra lets remittance companies pay out the same day in every corridor, without pre-funding. Money is paid in on local rails, crosses on stablecoin rails and is paid out locally, usually in minutes.

How fast do remittance payouts arrive with Elytra?

In minutes, from deposit to payout on live corridors. The crossing runs 24/7/365, and the payout then follows the destination rail.

Do I need to pre-fund payout markets?

No. A licensed partner in the destination market funds each payout, so none of your cash waits abroad.

What does a remittance payment cost?

A fraction of what banks charge for FX. You see one price, FX included, before you send, and nothing is deducted along the way.

Which currencies can I pay out in?

USD, EUR, GBP, CAD, AED and NPR, plus USDC and USDT. Partner banks also pay out in 14 markets, including INR, PHP, PKR, NGN, MXN and BRL, converting the last leg at their own rate.

Settles in minutes

Free up your working capital

Tell us your busiest corridor and its monthly volume. We’ll show you what it costs on Elytra.

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