ON-PLATFORM TRANSFERS
Money that stays on your platform should not wait for a clearing cycle or pay for one. Transfers between a client’s own accounts and between clients of your platform settle instantly, with no external clearing cost or delay, because nothing leaves the books.
✓ Moving real balances at Montowire every day.
Rebalancing between currencies, funding a card, moving working capital between purpose-specific accounts, internal transfers within one client’s profile complete the moment they are signed. For same-currency moves that is the whole story; converting between held currencies is a spot FX operation with your spread applied, one step away in the same apps.
When both sides of a payment bank with you, the payment never needs to leave: client-to-client transfers, supplier settlements, intra-group moves, P2P transfers between account holders, land instantly, signed under the sender’s mandates and routed to back-office approval where your policy requires it.
“Internal” does not mean informal. Every on-platform transfer is registered as balanced, write-once entries in the double-entry ledger, atomic, duplicate-proof, carrying business and registration dates, and shows up in statements and confirmations like any other payment. Instant settlement with full accounting rigour: that is the point of owning the books.
Two flows, one initiation screen. Between own accounts: pick the currency, the source and destination wallets, the amount, with the fee and total debit previewed before anything is committed; moving between currencies routes to spot FX instead of hiding a conversion in a transfer. To another client of your platform: the beneficiary is found by internal account number, email, or phone, no bank details needed, with the country auto-resolved from the match and wrong-requisites validation catching mistakes before a transfer even exists. Saved counterparties prefill repeat payments in a click.
The compliance shape is built into the form: a transaction category, payment details, an optional message for the operator, and supporting documents up to 50 MB per file across common formats (PDF, Office documents, images). Every transfer is signed through the payment confirmation PIN, with per-signer status visible where several people sign, tracked through its lifecycle, and confirmed with a downloadable PDF; drafts can be edited, copied or deleted before signing.
Free, instant settlement inside your platform is a growth lever, not just a feature. It rewards clients for bringing their counterparties onto your brand, keeps volume, and the relationship, inside your loop, and costs you nothing in external clearing. Whether you charge for it is a tariff decision: on-platform transfers are priceable per client in the tariff engine like any other payment type, free as an acquisition hook, fee-carrying as a revenue line, or free on one plan and priced on another.
Signed on mobile, settled instantly, booked as real entries, the shortest demo on the platform.