Banking access for Remittance-as-a-Service (RaaS)

The question in full

A technical guide to obtaining banking access via Remittance-as-a-Service (RaaS) models. The article analyzes the shift from "Referral Banking" to "Embedded Sponsor Banking," where the RaaS provider provides the underlying FBO (For Benefit Of) accounts, virtual IBANs, and correspondent banking rails. It details the 2026 Compliance Stack including real-time behavioral AML and the GENIUS Act stablecoin liquidity rails and explains how the "Liability Shield" model allows fintech's to launch in 45 days instead of 18 months.

Answer

If by access to banking you are implying do we provide a bank account in the US for the commissions &/or customer funds to be pushed into – the answer is no.

If you are an ISO, you would need to make arrangements in the US to have your own company incorporated and have a US bank account to receive commissions, or for the solution provider to either SWIFT (international wire transfer) the money across to the correspondent’s bank account in their payout country, or the correspondent may have a Nostro account in the US.

Either way, access to banking is not provided for. You have to make arrangements for it, or you can contact us to separately provide you access to banking services.

Do you provide access to banking for Remittance-as-a-Service (RaaS)?

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