The onboarding process with Instarails is streamlined for rapid implementation:
– Compliance Setup: We begin with mutual NDA signing, comprehensive enhanced due diligence verification, and Master Service Agreement execution
– Secure Account Creation: We establish your dedicated bank FBO sub-account
– Funding Mechanism: You pre-fund your account with a simple domestic wire transfer to ensure immediate transaction capability
– Immediate Transactions: Start processing payments instantly through our intuitive client portal using single transactions or batch uploads
– Optional API Integration: For automated workflows, seamlessly integrate with our robust API for programmatic transaction submission and receiving real-time tracking notifications
This efficient process gets you from partnership to active global payments in minimal time, with personalized support at every step.
"Instarails has transformed how we handle international payments. Their platform saves us 3% in costs, directly improving our bottom line. The batch upload feature streamlines our processes, but what's most impressive is the impact on our overseas team - they now receive their full salaries directly in their bank accounts in under 15 minutes, with zero deductions. The smooth onboarding was just the beginning of an excellent service that has genuinely improved our global operations."
Baldev Krishan Ph.D., President & CEO
iVALT