A payment was held for compliance review with a deadline approaching.
A food importer sending $95,000 to a Turkish olive oil supplier before the season closed. A compliance hold on day two of a three-day window.
Sounds like you if you have ever had a payment frozen on compliance review with forty-eight hours to go before your supplier's cut-off, and your bank asking for documents nobody mentioned until the hold appeared, while the clock ran down and nobody on their end could tell you whether it would clear in time.
We at Unicorn Currencies are built differently. We take ownership before there is a problem to own.
When you add a beneficiary, our system does not allow a payout until that beneficiary has been screened and approved, inside a thirty-minute SLA. If anything needs clarifying, we raise the request for information before the payment is ever instructed, not after. The compliance step happens at onboarding, not at payment day. By the time you are ready to pay, the review is already done. There is no hold, because the review that would have caused the hold already cleared.
The best way to handle a compliance hold is to make sure it never happens.