Payment corridors in JIL define the rules and requirements for settlements between specific counterparties, jurisdictions, or asset types. Each corridor specifies identity requirements, compliance checks, velocity limits, and approval workflows that must be satisfied before settlement executes.
Different payment types require different compliance treatments. A domestic low-value payment has different requirements than a cross-border high-value transfer. Without corridor-based rules, institutions must apply the most restrictive compliance to every transaction, creating unnecessary friction and cost.
JIL corridors are fully configurable. Institutions define rules per counterparty, jurisdiction, amount threshold, and asset type. The settlement router automatically applies the correct corridor rules based on transaction parameters. Corridor configurations are versioned and auditable, satisfying regulatory requirements for documented control frameworks.
Payment corridors in JIL define the rules and requirements for settlements between specific counterparties, jurisdictions, or asset types. Each corridor specifies identity requirements, compliance che
Different payment types require different compliance treatments. A domestic low-value payment has different requirements than a cross-border high-value transfer. Without corridor-based rules, institut