For banks and payment partners.
FastStrait moves business payments between South Africa and the US, UK and EU: rand on one side, dollars, pounds or euros on the other, settled in minutes. We work with licensed partners for banking, payouts, collections and FX liquidity, and we're adding more. This page is for them.
The same path runs in reverse when a South African business is paid from abroad.
Verified, two-way flow.
South African importers paying out, exporters and service firms getting paid. We onboard and verify every customer ourselves, hold the relationship, and report cross-border flows as the regulations require. Partners receive clean, documented volume in both directions of the pair.
KYC and KYB
Company registration, directors and beneficial owners verified before the first payment.
Sanctions screening and monitoring
Customers and counterparties screened against UN, OFAC, UK and EU lists at onboarding and on every payment, with rules on value, velocity and pattern reviewed by a person.
Travel Rule
Originator and beneficiary details carried with each transfer, in line with FATF Recommendation 16.
Safeguarding and privacy
Client funds kept apart from operating funds. Personal data handled under POPIA and GDPR.
Let's talk.
Tell us who you are and what you do. We're happy to share flow projections and walk through our compliance setup under NDA, and we'll come back within two business days.