Suppliers, partners, creators, contractors - paid in their own currency, into their own bank account, arriving as a domestic payout. No NxxAura account needed on their end, and no reliance on slow, expensive SWIFT wires.
Payout currencies currently on the network - faster and simpler for global operations.
Payouts in 60+ countries that land as local transactions - for suppliers, partners and clients.
Shorter settlement than international wires - better cash flow, better predictability.
Local rails instead of cross-border transfer methods means fewer fees eating the payout.
Bulk, automated, multi-currency disbursements - one file, a thousand payouts, done.
Deposit in one of your primary currencies.
Pick from the supported payout currencies across 60+ countries.
Funds arrive in the recipient's own bank account, in their own currency, as a domestic payout.
No. Funds are delivered directly into the recipient's local bank account in their own currency.
NxxNet is designed for outbound local payouts. For inbound payments, use NxxPay - local receiving within the UAE, UK, EU, US and Canada.
Local payouts typically settle faster than SWIFT transfers. Timings vary with each local banking system.
Using local rails avoids the higher fees associated with cross-border SWIFT transfers.