Knox Wire benefits

Reach 200 countries in
150 local currencies

Bi-directional
Messaging System

High-Priority Support

Real-time Payments in
Network

Earn Revenue
on Every Transaction

Low-cost Transactions

Multiple Payment
Methods

Bank Integration

Send Wires to Nearly 20,000 institutions, including

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Knox Wire Advantages over well-
known solutions

  •  
  • Financial Institution Reach
  • Approx 30,000
  • Approx 10,000
  • Approx 250
  • IT Requirement
  • Hardware and dedicated IT personnel not required
  • Hardware and dedicated IT personnel required
  • Hardware and dedicated IT personnel not required
  • Application Process Time Frame
  • 2 weeks application & training process
  • 6-12 Months application process
  • Depends on client
  • Upfront Cost
  • No upfront cost to qualifying Fi’s
  • $30,000 Upfront and $6,000 – $12,000 monthly fee
  • Not Public
  • Internal Transaction Time
  • 2-second processing time
  • 3-5 day average transaction time
  • 4-second processing time
  • System Core
  • Bi-directional messaging
  • Omnidirectional messaging
  • Bi-directional messaging
  • Security
  • Distributed Ledger Technology (DLT)
  • Centralized Ledger
  • Distributed Ledger Technology (DLT)

Ultra Fast Cross-Border payments in
200 countries with 150 currencies.

FAQ

Knox Wire is currently one of the fastest and safest wire systems on the market, and because of the Knox bi-directional messaging system and interbank network, it can send same day wires to nearly 20,000 institutions world-wide.

Transfers between Knox Wire participants take place within a matter of seconds. Transfers out of the Knox Wire Network usually settle within one business day.

Any Knox Wire participant can withdraw their Knox Wire balance at anytime. In most nations there is the option for same day settlement in cash or domestic wire.

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