Unicorn Currencies
Apply
INSTITUTIONS·CASP·CRYPTO-ASSET SERVICE PROVIDERS

Banked fiat legs that hold, with an audit trail your auditor can follow.

Operating costs, payroll and licensed counterparty settlement on local rails, priced bespoke. Licensed or registered providers only, and we do not touch virtual asset settlement.

WHO THIS IS FOR · SWITCH PROFILE
FXPFX firms and trading platformsREMRemittance firmsBNKBanks and deposit-taking institutionsCASPCrypto-Asset Service ProvidersPSPPSPs and fintechs
WHAT YOU GAIN · CASP
ILLUSTRATIVE · USD 1,000,000 FIAT SETTLEMENT
CORRESPONDENT CHAINChain deductions plus a review that stops the leg
≈ 993,100
LOCAL RAIL SETTLEMENTLocal fiat rail, monitored and referenced
1,000,000
Named flowsFiat operating and settlement legs written into terms.
ReferencedRail reference on every leg, MT103 on USD SWIFT.
One ownerA named specialist owns each information request to release.
Illustrative. Correspondent deductions vary by intermediary and are not disclosed in advance. Local rail settlement carries no intermediary deduction. FX at a pre-agreed FX margin recorded in your terms. Instructions are accepted 24/7 with no cut-off. Settlement follows the receiving rail's operating schedule.
FLOW OF FUNDS · CASP
AUTO CYCLING
AT LICENCE CHECK

Only licensed or registered providers proceed. An unregistered entity is declined at this gate and no account is opened, regardless of volume or balance sheet.

DECISIVE AT GATE 01
OFF ROUTE

Unregistered providers are declined before any commercial discussion.

Illustrative. The route above is the one written into institutional terms for this profile. Instructions are accepted 24/7 with no cut-off. Settlement follows the receiving rail's operating schedule.

Five gates, and the one that decides a crypto-asset service provider.

DECIDED AT GATE 01
GATEWHAT WE ASK FORSTATUS
01 LICENCERegulator, permissions held, and whether they cover the flow you intend to run.DECISIVE
02 JURISDICTIONWhere you are authorised, where your clients sit, and every market in the settlement chain.CLEARED
03 FUNDS MODELWhose money moves. Own funds, safeguarded or segregated client funds, or institution settlement.CLEARED
04 PERMITTED USEThe named flow types written into terms, enforced on the instruction.CLEARED
05 COMMITTEEApproval by profile with conditions, limits, FX margin and a named specialist.TERMS SET
OUTCOME: BESPOKE ONLY · LICENSED PROVIDERS · FIAT LEGS · ENHANCED MONITORING · NO VIRTUAL ASSET SETTLEMENT
PERMITTED USE ENVELOPE

What this account may carry.

The envelope is narrow on purpose, and that is the commercial point. A written boundary enforced at the instruction is worth more than a wide one withdrawn in a later review.

Operating costs, payroll and supplier settlementPERMITTED
Settlement with licensed counterpartiesPERMITTED
Treasury movement between your own accountsPERMITTED
Additional markets and counterpartiesSEPARATE APPROVAL
Customer fiat on and off ramp flowsSEPARATE APPROVAL
Virtual asset settlement and on chain transferEXCLUDED
Custody of crypto assetsEXCLUDED
Retail speculation and consumer trading balancesEXCLUDED

Who owns an exception, and what pricing is written.

MEMBERSHIP
Institutional

Bespoke only. No standard tier is available for this profile.

FX
Pre-agreed margin

Set in terms against the named fiat flows and volume bands.

MONITORING
Enhanced

Source of funds reviewed per counterparty, with defined limits.

EXCEPTIONS
Named specialist

One person owns every information request through to release.

Institutional pricing is bespoke by profile. FX is executed at a pre-agreed FX margin recorded in your terms. Payment proof is an MT103 or rail reference depending on the rail used.

Show the registration. We will scope the fiat legs we can carry.

Send your licence scope, funds model and corridor list. A named specialist returns the permitted use envelope, limits and the FX margin in writing before anything is signed.

Request institutional reviewCompliance and pricing pack →
CASP QUESTIONS

Asked on the a crypto-asset service provider file.

LAST REVIEWED · 6 August 2026OWNER · Compliance
Is this a published retail membership for Crypto-Asset Service Providers?No. This profile is admitted under Institutional Membership. Pricing is bespoke. FX is executed at a pre-agreed FX margin recorded in your terms.
Which gate decides this profile?Gate 01 is decisive for Crypto-Asset Service Providers. Decisive gate. Only licensed or registered providers proceed. An unregistered entity is declined here and no account is opened.
What happens to flows outside the envelope?The envelope is narrow on purpose, and that is the commercial point. A written boundary enforced at the instruction is worth more than a wide one withdrawn in a later review.
Do you offer crypto wallets or on-chain settlement?No. The institutional account is a fiat rail. CASP licences are used to scope what fiat activity we can support, not to run crypto custody. Virtual asset settlement is excluded.
GBP · EUR · USD · AED · CAD · APPLICATIONS OPEN GLOBALLY, SUBJECT TO APPROVAL
WHATSAPP USTALK TO TREASURYApply