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ISN · INSTITUTIONAL SETTLEMENT & REMITTANCE NETWORK

Message-based orchestration for institutional remittance & settlement

No Nostro pre-funding. Local stablecoins as collateral Built-in safeguards against settlement default

  • Zero pre-funding
  • Local stablecoins
  • Net settlement
  • Multisig vaults
ECONIER ISN at the center, connected to four banks
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REMITTANCE LAYER

Remittance Layer — instant payout, no asset movement

When a customer of Bank A in Korea sends money to a customer of Bank B in Thailand, the funds never cross the border The receiving bank verifies the sending bank's locked collateral on-chain and pays out first in local currency

  1. 1

    Quote & FX matching

    Matches FX rates and liquidity conditions to lock in a quote

  2. 2

    Collateral vault deployment

    Locks local stablecoins equal to the transfer amount

  3. 3

    On-chain verification & payout by receiving bank

    Pays out instantly in local currency once the lock-up is confirmed

  1. Sender

    Transfer request

  2. Sending bank

    OFI

    Lock-up

  3. Quote & FX match

    FX & liquidity matching

  4. Collateral vault

    Locks local stablecoins equal to the amount

    On-chain check

  5. Receiving bank

    BFI

    Local payout

  6. Recipient

Settlement Layer — net it out, move only the difference

SETTLEMENT LAYER

At each agreed cycle, positions are netted in USD terms and only the difference moves in USD stablecoins Once settled, both sides release the vault by multisig and the collateral is returned

  • Netting

    Minimizes settlement volume

  • USD net transfer

    On-chain settlement · Instant confirmation

  • Multisig release

    Requires consent from both parties

  • Default protection

    Collateral acts as the safeguard

1/13 the fees · settle only the difference

COMPARISON

1/13 the fees · settle only the difference
CriteriaSWIFTFintechECONIER ISNRipple ODLCircle CPN
Holds client funds×○× (institutions self-custody)△△
Fee per transfer~KRW 18,000KRW 2,800–8,300~KRW 1,400~1%No public data
Uses local currency××Local stablecoins××
Moves assets abroad○○Net amount only○○
Netting××○××
Integrates with existing infra○○○△△

  • Holds client funds

    SWIFT
    ×
    Fintech
    ○
    ECONIER ISN
    × (institutions self-custody)
    Ripple ODL
    △
    Circle CPN
    △

  • Fee per transfer

    SWIFT
    ~KRW 18,000
    Fintech
    KRW 2,800–8,300
    ECONIER ISN
    ~KRW 1,400
    Ripple ODL
    ~1%
    Circle CPN
    No public data

  • Uses local currency

    SWIFT
    ×
    Fintech
    ×
    ECONIER ISN
    Local stablecoins
    Ripple ODL
    ×
    Circle CPN
    ×

  • Moves assets abroad

    SWIFT
    ○
    Fintech
    ○
    ECONIER ISN
    Net amount only
    Ripple ODL
    ○
    Circle CPN
    ○

  • Netting

    SWIFT
    ×
    Fintech
    ×
    ECONIER ISN
    ○
    Ripple ODL
    ×
    Circle CPN
    ×

  • Integrates with existing infra

    SWIFT
    ○
    Fintech
    ○
    ECONIER ISN
    ○
    Ripple ODL
    △
    Circle CPN
    △

○ Supported · △ Partial · × Not supported

APIs that sit on top of your core banking

FOR DEVELOPERS

Integrate, don't replace. Messaging standards, status queries, and compliance hooks via REST and webhooks

Request Sandbox
Sample API request
curl -X POST https://api.econier.io/v1/quotes \  -H "Content-Type: application/json" \  -H "Authorization: Bearer <ECONIER_API_KEY>" \  -d '{    "source_currency": "KRW",    "target_currency": "THB",    "amount": 1000000,    "sender_institution": "BANK_A_KR",    "receiver_institution": "BANK_B_TH"  }'

  • REST API

    Remittance & settlement endpoints

    Quotes, vaults, and settlement status in one spec

  • WEBHOOK

    Real-time status events

    Callbacks for payout, settlement, and release

  • SANDBOX

    Test environment

    Rehearse the full flow on testnet

LET'S BUILD TOGETHER

Let's start by assessing integration together

We'll propose a global settlement structure optimized for your business

Request Technical Consultation