Powering the Future of Global Remittance.

Open Remit

Open Remit

Open Remit is a secure and scalable remittance processing platform that enables financial institutions to manage both domestic and international money transfers through a centralized system. Acting as the core transaction engine, it handles partner integrations, transaction validation, intelligent routing, and settlement while connecting seamlessly with global MTOs, payment networks, and national payment rails. Built on a modular, integration-ready architecture, Open Remit supports connectivity with core banking systems, instant payment systems, IBFT switches, and SWIFT networks, while providing real-time validation, compliance screening, and automated failover to ensure reliable and efficient remittance processing.

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Key Benefits

Revolutionize your experience with valuable benefits

Centralized Remittance Processing

Manage all domestic and international remittance operations through a single centralized platform that simplifies transaction management and operational control.

Operational Resilience

Advanced routing and automated failover mechanisms ensure high transaction success rates and uninterrupted remittance services.

Seamless Partner Integration

Connect easily with global remittance partners, MTOs, and payment rails through multiple integration methods including APIs, file-based processing, and SWIFT messaging.

Regulatory Compliance

Built-in AML screening, transaction validation, and audit trails help institutions maintain regulatory compliance and operational transparency.

Faster Transaction Processing

Real-time validation and routing capabilities ensure quick processing and settlement of remittance transactions. The system verifies details and routes payments through most efficient channel.

Scalable Architecture

Designed to support high transaction volumes, making it suitable for growing remittance businesses and large financial institutions.

Core Features

Top aspects that set us apart

Handles aggregation, validation, routing, and settlement of remittance transactions within a single platform.

Automatically routes transactions through available payment rails and switches to backup routes if the primary channel fails.

Performs title verification, balance checks, and compliance validations before executing transactions.

Connects with multiple financial networks including Core Banking Systems,Instant Payment Systems, IBFT Switches,

Provides role-based access control, maker-checker workflows, and integrated AML screening to ensure secure transaction processing.

Includes transaction retry mechanisms, audit logs, and manual intervention workflows for failed transactions.

Handles settlement processes with local banks and payment channels while ensuring accurate reconciliation and reporting.

Enables seamless integration with global Money Transfer Operators (MTOs), payment networks, and financial partners through secure APIs and flexible connectivity options.
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How Can We Help You?

Explore helpful resources or contact us for support.

Open Remit is a centralized remittance processing platform that enables banks and financial institutions to manage domestic and international money transfers through a secure and scalable infrastructure.

The platform is designed for banks, exchange companies, remittance operators, fintech companies, and financial institutions involved in cross-border or domestic remittance services.

Yes. The platform supports seamless integration with core banking systems, middleware platforms, and payment networks using APIs, file-based processing, and standardized messaging protocols.

Yes. Open Remit can connect with multiple rails including local instant payment systems, IBFT switches, SWIFT, and core banking networks.

Open Remit includes role-based access control, transaction validation workflows, audit logging, and AML screening to ensure secure and compliant remittance processing.

The platform includes intelligent routing and recovery tools that can retry transactions through alternative channels or flag them for manual review.

Yes. Open Remit is built on a scalable architecture capable of handling large volumes of remittance transactions for growing financial institutions.

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