Correspondent banking keeps bankers' hours
Instant AUD collection and near real-time minting within approved limits mean the Australian leg no longer waits on a cut-off, a weekend or a public holiday.
Money Services & Remittance
AUD corridors that clear while your customer is still in the shop.
AUSTRAC-registered remitters and money services businesses need Australian dollars in, converted and on their way the same day — from a counterparty that understands the sector. AUDD gives you a licensed first leg on local rails, contracted directly with the issuer.
The corridor we power
- Customer pays in AUD
Funds land in a named virtual account carrying the customer or agent reference, attributed automatically.
- You convert on-chain
Mint AUDD at par and settle to your liquidity partner on any of nine chains — minutes, not a correspondent banking chain.
- Value arrives at the destination
Your partner delivers in local currency. For inbound corridors, burn AUDD back to AUD and pay out locally.
Why remitters move to AUDD
The first leg shouldn't be the slow leg.
Remittance lives or dies on how fast you collect Australian dollars and get value moving. When the first leg waits on correspondent banking, your customer waits with it — and your margin goes to the delay.
Collect, convert and settle, with AUDC as your contracting counterparty
One agreement, one API and one compliance relationship, with AUDC handling the collection, conversion and token legs on your behalf.
Assessed on your AML/CTF program, not your sector
A registered remitter with real controls deserves an assessment of those controls. We underwrite the business in front of us — see how we onboard below.
What you get
The Australian leg, fully built.
Collection, conversion and settlement from one regulated counterparty, with the reporting a remitter needs to reconcile by corridor.
Named virtual accounts
Sub-accounts by customer, agent, branch or corridor. Every inbound AUD payment arrives pre-attributed.
Instant AUD collection
Collect on Australia's instant payment rail, with Direct Entry for batch collections and RTGS or SWIFT on approval.
Same-day on-chain settlement
Mint AUDD at par and settle to your liquidity partner's wallet on the chain they operate on — Ethereum, Solana, Stellar, XRP Ledger, Hedera, XDC, Base, Redbelly or Arc.
Inbound corridors too
Receive AUDD from an overseas partner, burn it back to AUD and pay out to the beneficiary's Australian account on local rails.
Reconciliation by corridor
Balances, transactions and settlement reporting by corridor, product or agent, through the API or the Portal.
API or no code
Integrate the full RESTful API with webhooks, or start with AUDD Direct and send against an assigned reference with no build at all.
How it works
From customer deposit to destination delivery.
- STEP 01
Collect
AUD lands in a named virtual account, attributed to the customer or agent.
- STEP 02
Mint
Convert to AUDD at par against the regulated reserve.
- STEP 03
Settle
Send AUDD to your liquidity partner on their chain, in minutes.
- STEP 04
Deliver
Your partner pays out in local currency. Inbound flows reverse the path.
How we onboard
Services are subject to approval and a client agreement.
You remain responsible for any licences or approvals your business needs.
We assess your controls, not your category.
We've been running Australian payment infrastructure since 2022. Regulated digital finance isn't an exception we make room for — it's the customer the platform was built around. Here's the actual path.
- Application
Tell us how money moves
Where AUD comes in, where it goes, expected corridors and chains, and the entities involved. This is a commercial conversation, not a form to survive.
- Compliance review
KYB and your AML/CTF program
Business verification, beneficial ownership, licence and registration position, and a look at your KYC, sanctions screening and transaction monitoring. Strong controls are what get a yes.
- Commercials
Terms, then a named contact
A standard agreement with clear fees, then an integration contact who stays with you rather than a ticket queue.
- Integration
Sandbox, then go live
Build against the sandbox with our integration guide, or start with no code at all if you would rather send against a reference. Your first transfer carries a standard 24-hour security and compliance check.
AFSL 700123
AUSTRAC
registered since 2022Dexah Advisory (t/a AUDD Digital)ISO 27001
Reserves held on trust
Redeemable at par
Questions remitters ask us
Straight answers.
We're an AUSTRAC-registered remitter. Where do we start?
Talk to our team with your corridors, your liquidity partners and your compliance program. Most remitters start with named virtual accounts for AUD collection, then add minting and on-chain settlement.
Which corridors do you support?
We're the Australian dollar leg. Your liquidity or payout partner handles the destination, so any corridor they serve is one you can run on AUDD. If you need a partner on a given corridor, we can make introductions.
Can AUDD run alongside our existing bank?
Yes. Many remitters run AUDD as a second licensed rail for collection and settlement, so a change at one provider doesn't stop customers sending money. You choose which corridors route where.
We're moving between providers. Does that count against us?
No. We assess the business and its controls — AML/CTF program, monitoring, screening and registration — not whether you're mid-transition. A gap between providers isn't a barrier; a weak compliance program is.
How do we reconcile by corridor or agent?
Open a named virtual account per corridor, agent or product. Every inbound payment carries that reference, and reporting through the API or Portal follows the same structure.
What does the compliance review cover?
Business verification and beneficial ownership, your AUSTRAC registration, your KYC and onboarding process, sanctions and PEP screening, transaction monitoring, and source of funds handling. We'll be specific about what we need.
Give your corridors a faster first leg.
Bring us your corridors and your partners. We'll show you what collection and settlement look like on named virtual accounts, and be clear about what we can support.
What can we do
for you?
Tell us your industry and a little about what you're looking for. A member of our team will be in touch to discuss how AUDC can help.