Funds travel between licensed institutions. Equator Settle carries the instruction, the status, and the record. The two paths stay separate on every payment.
Where funds sit.
Funds stay with licensed institutions.
Value rests in an account held by a regulated institution at every moment of the journey. Equator Settle's ledger records where the value is; the institution holds it.
Verification stays with the licensed partner.
Identity documents and verification records are collected and retained by the partner. Equator Settle stores the decision, the reference, and the time.
Keys stay with the regulated custodian.
The settlement leg is executed on the partner's custody infrastructure. Equator Settle's systems observe the network and confirm finality.
Every step leaves a record.
Each instruction and change in status is recorded with its time and retained for seven years.
A software company working with licensed partners.
Equator Settle builds and runs the software that coordinates each payment and keeps its record. The regulated work is performed by licensed partner institutions under their own supervised programmes. How responsibilities are divided is documented and available to partner institutions and counterparties on request.
Licensed partners
- Hold the accounts and the funds
- Verify customers and beneficiaries
- Screen every party against sanctions lists
- Monitor their leg and report to their regulators
Equator Settle
- Confirms each customer is a real, operating business
- Coordinates each payment between the licensed partners
- Carries originator and beneficiary details with each payment
Controls on every payment.
- RECONCILIATION
- Every payment is matched against partner records and the settlement network. A mismatch pauses processing until it is resolved.
- MONITORING
- The full payment path is monitored for unusual velocity, geography, and structuring, alongside each partner's monitoring of its own leg.
- SCREENING
- Equator Settle checks its own customer list against sanctions lists, in addition to its partners' screening.
- ISOLATION
- Each customer's data is isolated by default, with one authorisation path for every request.
- ACCESS
- Multi-factor authentication and least-privilege access for every administrative system.
- ENCRYPTION
- Encryption in transit for all traffic, and at rest for production data.
- SECRETS
- Credentials held in a managed vault and rotated on a schedule.
Documented policies.
Equator Settle maintains written policies covering financial crime prevention, sanctions screening, customer acceptance, onboarding, information security, risk assessment, and business continuity. Partner institutions and counterparties can request them through the contact page.
Standing statements.
Equator Settle Inc. is a software company incorporated in Delaware, United States. Regulated payment services, including the holding of funds and the verification of customers, are provided by licensed partner institutions in each market.
Services are offered where our partners are licensed, which in the United States varies by state, and availability for any business follows from onboarding. Timing and rates follow the operating characteristics of the rails and partners involved.
Information on this site describes the platform and is an invitation to get in touch.