What you get
- Evidence before release
- One record, signed at the moment it matters: which parties were checked, against which lists and which versions of them, with what result. It is made before the money moves, not rebuilt from your systems afterwards.
- A stop when a stop is due
- A listed payee, a listed bank on the route, or a country under comprehensive sanctions is never cleared. The reason is cited, and the case goes to your team, whose policy decides.
- A record you control
- It is kept with your payment file and goes only where you send it. You decide who sees it.
- Questions answered by the record
- A correspondent’s due-diligence questionnaire, an auditor’s sample, a supervisor’s query: each is answered by the record itself, verified by the one who asks, not by a search of your systems.
- Nothing changes on the rail
- Swift, RTGS and the correspondent chain work exactly as before. Nothing is written into the payment.
What it costs
Attestation is the service a bank pays for; terms are agreed with each institution. Verification is free, for everyone, and stays free: the next bank on the route, your auditor and your supervisor pay nothing to check a record. A record that costs nothing to verify is one that people will verify.
Testing with a first institution
We are looking for a first bank, or a correspondent bank with a few of its respondent banks, to test with. Testing is isolated from the live market, on test data or on your own past payments; nothing touches your live systems or funds, and no customer personal data is used. We complete your security review and vendor forms. The test costs you nothing.
What stays yours
Your release decision, your customers and your responsibility for compliance. Xattestation never moves money, never holds funds, never onboards your customers, never originates a listing and never takes your release decision. The five things it never does.