Pay-Out
Paid from your account, like a local.
Supplier payments go out from your Local Business Account on local rails, with proof, references, and a human who owns the follow-up.
Outgoing paymentSETTLED
FROMYOUR GBP ACCOUNT
BENEFICIARYHARGREAVES & SONS LTD
AMOUNTGBP 144,825.00
RAILFASTER PAYMENTS
REF · INVOICEUC-88214 · INV-2041
PROOF ON FILE
The payout flow
From your balance to their bank.
01
Beneficiary prepared
Supplier, beneficiary bank details, invoice, and payment purpose organised before anything moves. Repeat beneficiaries stay on file.
02
Funded from your Local Business Account
The payout draws on the balance you hold in GBP, CAD, EUR, USD, or AED. Convert first at your pre-agreed FX margin if the invoice is in another currency.
03
Sent on local rails
Faster Payments, SEPA, ACH, Fedwire, EFT, Interac, or AED local rails. Your supplier sees a domestic credit. USD by SWIFT covers 180+ countries beyond.
04
Proof captured
Reference, confirmation, route evidence, and status kept with the invoice and FX record, ready for the supplier conversation.
✓
Follow-up owned
Delayed, amended, recalled, traced, or short paid: a named human at the desk moves it forward and keeps you informed.
The status problem
"Sent" is not the same as settled.
A sent status
×Confirms the instruction was accepted
×Cannot say where funds are now
×Does not satisfy supplier questions
×Cannot explain deductions or delays
×Disconnected from invoice and FX record
Proof and context
✓Reference, confirmation, and status shown
✓Supplier and finance see what happened
✓Trace, amendment, recall, escalation supported
✓Payout, FX, invoice, beneficiary records connected
✓A named human owns the exception
Where it gets messy
The payouts that cost you a supplier.
The goal is not only to send funds. It is to send funds you can evidence, explain, reconcile, and defend when the supplier calls.
!Beneficiary details incomplete or incorrect
!Supplier asks for proof after funds are sent
!Payment delayed by route, bank, or review
!Beneficiary bank requests documents
!Full amount sent, less arrived
!Amendment, recall, or trace needed
!Payout cannot be linked to invoice or FX record
!Supplier deadline creates commercial pressure
Where Pay-Out sits in your flow
LOCAL BUSINESS ACCOUNT
Your funded balance in five currencies
FX
Convert at a pre-agreed FX margin
PAY-OUT · YOU ARE HERE
Supplier paid on local rails, with proof
PLATFORM
Records stay connected
Before you send
Have these ready.
Complete beneficiary context is what keeps a payout from becoming an exception.
✓Supplier or beneficiary name
✓Beneficiary bank details
✓Account number, IBAN, or local details
✓Beneficiary address where required
✓Payment amount and currency
✓Invoice or commercial reason
✓Payment purpose
✓Expected date or supplier deadline
✓Supporting trade documents where required