Six representative flows. Ten launch jurisdictions. One coverage story.
The operations pack ships with six worked corridor diagrams, not one per country pair. It's how we tell the money-movement story — from origination to payout — with enough depth for regulators, partners and investors, without drowning in permutations.
The six flows we've worked end-to-end
Each corridor documents entities, KYC, funding, FX, payout, reconciliation, and exception handling. Together they cover student, worker and family flows on both directions of our launch footprint.
India → United Kingdom
Parent or student funds an INR/USD sponsor wallet. FYNIX orchestrates KYC on both wallets, initiates GBP tuition payment via a named GBP virtual account, and settles with reconciliation across three ledgers.
India → United States
USD tuition flow using a named US virtual account. Uses ACH funding paths that are exempt from the 1% US cash-funded remittance tax — a structural tailwind versus cash-heavy incumbents.
India → Australia
AUD tuition and living-expense funding routed via our APAC last-mile partner, with named-account funding-reference issuance at origin.
India → EU (SEPA)
EUR tuition to Continental European universities via SEPA payout, on named EUR virtual accounts. A secondary SEPA relationship sits ready as backup if volume or primary-partner capacity requires it.
UAE → India worker remittance
Salary collected in AED at destination, KYC'd worker wallet, and licensed INR payout to family in India. Corridor-tailored pricing and full audit trail across all three ledgers.
Singapore → Bangladesh worker remittance
SGD salary collection, licensed BDT payout through our APAC last-mile partner and destination partner. Includes local instant-payment ingress for worker top-ups.
US → Mongolia
A partnership-led corridor with a US-based Mongolian exchanger and licensed Mongolia-side bank/NBFI partners. Historical informal activity does not migrate. The formal corridor begins only with new customers who pass KYC and banking-channel controls.
- ✓ Structured B2B2C: partner brings customers, FYNIX brings platform, ledger, compliance
- ✓ Persistent introducer attribution + 24–36 month tail
- ✓ Pilot caps, manual review of large transfers, daily tri-party reconciliation
Pricing bands by rail
Proves viability. Priced closer to Remitly.
Independent base case. Protects viability without a direct bank relationship.
Direct relationship with a Mongolia-side bank. Structural best case — corridor moat.
Where we hold named accounts — and where we collect
Named-account footprint reads as global coverage. Wave 1 keeps the launch focused on markets our rail partners are already ready to underwrite.
vIBAN coverage · Target
Named USD, EUR, GBP, AED and SGD accounts issued through our banking partners
Source markets · Collections
Where FYNIX or partner rails support in-market collection for students and workers
Mongolia is included as a migrant-worker remittance source, not a student-source market.
On a USD 210 transfer to Mongolia…
Remitly · card-funded
USD 8.34
USD 1.99 transfer fee + USD 6.35 card fee. Total sender cost on the same USD 210.
2.00–2.50% all-in
USD 4.20–5.25
Same USD 210 transfer, priced through our target rail bands. Illustrative, before rail-specific caveats.