Local fiat counterparties are used when customers want to do payments on local payment rails for a given jurisdiciton or country.
These counterparty types can also be sent payments using SWIFT if the source account being used is in FIAT_MAINNET_USD.
| Counterparty Type | Jurisdiction | Primary Currency | Supported Rails |
|---|---|---|---|
FIAT_US | 🇺🇸 United States | USD (United States Dollar) | FEDWIRE ACH SWIFT |
FIAT_US_LINKED | 🇺🇸 United States | USD (United States Dollar) | ACH |
FIAT_EU | 🇪🇺 Europe | EUR (Euro) | SEPA_CT SWIFT |
FIAT_GB | 🇬🇧 Great Britain (UK) | GBP (Great British Pound) | FPS CHAPS SWIFT |
FIAT_IN | 🇮🇳 India | INR (Indian Rupee) | IMPS SWIFT |
FIAT_MX | 🇲🇽 Mexico | MXN (Mexican Peso) | SPEI SWIFT |
FIAT_AE | 🇦🇪 United Arab Emirates | AED (United Arab Emirates Dirham) | UAEFTS SWIFT |
FIAT_CA | 🇨🇦 Canada | CAD (Canadian Dollar) | SWIFT EFT |
Global fiat counterparties are used when customers want to make a SWIFT payment to a jurisdiction without an associated country specific counterparty type.
| Counterparty Type | Jurisdiction | Supported Rails |
|---|---|---|
FIAT_ACCNO | 🌎 Jurisdictions that use Account Number to identify accounts | SWIFT |
FIAT_IBAN | 🌎 Jurisdictions using IBAN to identify accounts | SWIFT |
Crypto counterparties are used when customers want to make a payments on a blockchain. Customers must provide an account_information.asset_type_id so payments are made with the correct asset and on the correct network.