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A sender deposits cash or pays by card in their home country. The recipient receives local currency in their bank account, mobile wallet, or cash pickup location in another country. Polygon handles settlement in the middle. Total time from send to delivery: under two minutes. Traditional correspondent banking takes 2-5 days and charges 5-7% in fees. Using Polygon as the settlement layer eliminates the correspondent chain entirely. Who this is for:
  • Remittance services targeting high-volume corridors (US-MX, US-PH, EU-NG)
  • Neobanks serving diaspora communities who send money home regularly
  • Mobile money operators looking to add international send capability

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How it works

Sender
fiat deposit
→card/ACH/cash
OMS
fiat in
→USDC
Polygon
~2s finality
→USDC
OMS
fiat out
→local fiat
Recipient
bank/cash
The rate is locked at quote time, so both sender and recipient know exactly what will be delivered before any money moves. The sender is an OMS customer, and the payout leg is a quote from the sender’s wallet. The recipient is a counterparty, created with POST /counterparties, whose bank account is registered with POST /external-accounts and referenced on the payout quote by its ext_ identifier. OMS handles KYC and compliance checks for the corridor.

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Planned capabilities

  • Card, ACH, and cash-in on the sender side
  • ACH, SWIFT, wire, and cash pickup on the recipient side
  • Multi-currency corridors with locked rates at quote time
  • Developer fee configuration per corridor
  • Compliance and KYC handled by OMS at every step
You can build a remittance today by joining a funding flow and a payout flow through the sender’s OMS wallet; the Global remittance guide shows which guide covers each leg. The corridors and rails available to you depend on how your project is configured, and the capabilities above are under active development. Contact us to enable them for your project.

Register interest

Share your use case and we’ll reach out when global remittance is available.