Canonical: https://unicorncurrencies.com/features/fast-settlements/

# Capability: Payment Status and Route Clarity

## Summary

Businesses do not only need a payment to be initiated. They need to know what stage it is in, what route it is using, what references apply, and what may still be required before a beneficiary bank credits or releases funds.



Built for businesses with £1M+ equivalent annual FX exposure and recurring international supplier, customer, or treasury payment flows.

## Capability flow

- **Payment instructed:** Amount, currency, beneficiary, references, and purpose are prepared for review.

- **Screening and review:** Compliance, documents, or operational review may apply before release depending on route and jurisdiction.

- **Funds released:** The payment moves through the supported route with the available provider arrangement.

- **Status tracked:** References, confirmations, and route context are kept closer to the payment record where available.

- **Outcome recorded:** Finance can explain whether funds were credited, held, short-paid, or still under review.

## Workflow

- **Payment prepared:** Beneficiary, amount, currency, references, and purpose are confirmed before instruction.

- **Review completed:** Screening, documents, or operational checks are completed where required for the route.

- **Payment released:** Funds move through the supported route depending on provider arrangement and banking cut-off times.

- **Status monitored:** Finance follows confirmations, references, and route context while the payment is in flight.

- **Outcome reconciled:** Credited, held, short-paid, or rejected outcomes are recorded for supplier and finance follow-up.

## Timing and availability factors

- currency and corridor

- route and provider arrangement

- jurisdiction and account type

- sender or beneficiary bank handling

- compliance or document review

- banking cut-off times and holidays

- accuracy of references, invoices, and beneficiary details