Question:
Does the rail require the client to be a local resident or entity (e.g., US resident to use USD rails)? This is important for our cross-border model, in which any client can send funds to any recipient.
Answer:
No US residency or US entity required. Foreign entities — including Brazilian companies — are KYB'd directly and receive a US named VA in their own legal name.
The only jurisdictional floor is the bank's prohibited-country list (sanctioned jurisdictions + FATF gray list). Our cash/card retail ramps serve US persons, but those are separate from the bank-rail corridor relevant here.
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