Money that crosses borders, without the friction
Every international deal ends the same way: someone has to pay someone else, in another country, in another currency, through another banking system. On IGT the payment is part of the deal from day one — agreed in the contract, invoiced in the workspace and sent through the rail the parties chose.
Choose your rail
IGT is not a bank and never holds your funds. What it gives you is structure: the parties agree how each payment moves, and the platform keeps the agreement and the evidence in one place.
Bank transfer
The classic rail. International wires work everywhere banks do, and for many deals they are the natural choice. Each member registers their bank accounts on their payment profile, so the counterparty always pays to verified details — never to an account improvised over email.
Crypto, wallet-to-wallet
When speed matters or the banking corridor is slow, members can pay each other in crypto using the wallets registered on their payment profiles. On-chain transfers settle in minutes, any day of the week, with a public record that matches the invoice.
Crypto paymentsEscrow & paymaster
For larger operations, the parties can bring in professional intermediaries — an escrow agent to hold funds until conditions are met, or a paymaster to distribute proceeds among several participants. They join the workspace as intermediaries, with their role visible to the side that appointed them.
How a cross-border payment works on IGT
The same discipline as everything else on the platform: agreed in writing first, documented after.
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1
Agree it in the contract
Amount, currency, rail and timing are clauses like any other. What the signed contract says about the payment is what applies.
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2
Invoice it in the workspace
Payments between the parties are tied to invoices and milestones in the partnership workspace, so both sides always know what is due, when and why.
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3
Send it through the chosen rail
Bank wire, crypto or through the appointed intermediary. Funds move between the parties directly — IGT never touches them.
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4
Confirm and record it
The payer confirms the payment in the workspace with its reference. Bank receipt or on-chain record plus the workspace trail keep every payment auditable for both sides.
When time matters
The slowest part of most international deals is not the negotiation — it is the money in transit. Plan the rail with the calendar in mind.
Wires take days, not hours
An international wire can pass through several correspondent banks, each with its own cut-off times and none working weekends. A payment sent Friday afternoon may not arrive before Wednesday.
Near-instant when you need it
Crypto settles in minutes at any hour, and some banking corridors offer same-day rails. If a deadline in the contract depends on a payment arriving, choose a rail that can actually meet it.
Deadlines live in the contract
Put payment deadlines in the contract as dates the rail can meet, with margin. A missed payment date is a breach conversation nobody wants to have over a wire that is "in transit".
What it costs
The payment itself is between you, your counterparty and your providers. Know the pieces before you agree the amounts:
- Currency conversion is done by your own bank or exchange, at its rates — IGT does not convert currencies or add a spread.
- International wires can lose fees along the correspondent chain. Agree in the contract who bears them, or the received amount will not match the invoiced one.
- Professional intermediaries — escrow agents, paymasters, notaries — charge their own fees under their own terms, outside the platform.
- IGT's platform charges (partnership fee, RWA fee, success fee) are invoiced separately through the workspace and are set out on the charges page — see charges and rates.
Cross-border payment FAQs
Ready to close deals across borders?
Create your account, register your payment details and agree the rail with your counterparty in the contract — or write to us if you want to talk it through first.
Important information: IGT is not a bank, payment institution, money transmitter, exchange or custodian, and does not execute, intermediate or guarantee payments between members. Transfer times, fees and exchange rates depend on the providers each party uses. Each party is responsible for the legal, tax and regulatory treatment of its payments in its own jurisdiction, including sanctions and anti-money-laundering screening applied by its providers. The contract signed by the parties prevails over this general description.