Reserved before release
The instructed amount is checked against the institution’s available position and reserved while the delivery progresses.
01.3 / OFF-RAMP
DESIGNATED FIAT DELIVERYA position becomes
A position becomes
a documented payout.
The intended off-ramp converts an eligible institutional custody position into fiat delivery to a designated institutional beneficiary through a controlled instruction.
A payout is complete only when the record and the money agree.
Availability, beneficiary eligibility, purpose, approvals, delivery evidence, and reconciliation stay connected. Initiation alone never presents as completed delivery.
Designation is explicit
The beneficiary institution, account details, jurisdiction, purpose, and supporting data are reviewed as one payout record.
Evidence closes the state
A final status requires delivery evidence and matching reconciliation—not merely a submitted instruction.
OPERATING SEQUENCE
A controlled path from instruction to evidence.
- 01DESIGNATE
Name the beneficiary
The operator selects an eligible beneficiary and enters the fiat amount and documented business purpose.
- 02RESERVE
Protect the instructed amount
The available position is checked and the approved amount is reserved against duplicate use.
- 03RELEASE
Authorize delivery
Required approvals and controls determine whether the instruction can proceed or must enter exception review.
- 04CONFIRM
Match and reconcile
Delivery evidence is matched to the instruction before the reserved amount becomes a completed movement.
CLIENT RECORDClear on the surface.