Request for Payment (RfP™) FX Engine Platform

Cross-Border Request for Payment Treasury Orchestration Layer for USD/MXN conversion, spread revenue, liquidity routing, treasury timing, and instant settlement intelligence.

RfP Engine FX Conversion Liquidity Routing Treasury Float ISO 20022 Messaging FedNow® / RTP® / SPEI
LIVE TREASURY DESK

USD Payee → Mexican Payer Cross-Border RfP Quote Builder

The U.S. Payee requests USD. The Mexican Payer can be shown the equivalent MXN price, or can pay from a USD account if available. The platform controls the quote experience and may add spread, fixed fees, treasury fees, or instant-settlement premiums depending on the bank, liquidity provider, and compliance model.

Customer Pays

17,150.00 MXN

Mexican Payer sees MXN equivalent for a USD-denominated RfP.

FX Spread Revenue

$5.83

Difference between wholesale rate and customer quoted rate.

Fees Revenue

$11.45

FX fee plus fixed fee charged by platform, bank, or shared model.

Total Gross Revenue

$17.28

Before provider cost, bank cost, compliance cost, and settlement cost.

Outstanding Cross-Border RfP Queue

PayeePayerPairUSD RequestPayer CurrencyStatusEngine Decision
U.S. MerchantMexico CustomerUSD/MXN$1,000.00MXNAwaiting ApprovalQuote MXN now; settle USD to Payee
Dental Group CAMexico DistributorUSD/MXN$8,750.00MXNApprovedConvert during NY/London overlap
Software VendorMexico EnterpriseUSD/MXN$22,400.00USDBank ReviewUse payer USD account; no MXN FX needed
U.S. ExporterMexico RetailerUSD/MXN$14,225.00MXNSpread RiskHold quote for 10 minutes; hedge exposure

Who Sets the FX Fee?

ParticipantPossible Revenue
Payer BankLocal transfer fee
Liquidity ProviderWholesale spread
FX Engine PlatformMarkup, platform spread, SaaS fee
Settlement BankTreasury or settlement fee
Local RailTransaction fee

Smart FX Timing Engine

The engine can compare current spread, market-open windows, volatility, liquidity depth, and customer urgency before locking the conversion.

Current Spread
1.40%
Estimated NY/London Overlap
0.70%
Suggested Delay
2h

Potential savings estimate: $18.44 on sample request. Larger B2B invoices create larger timing and spread optimization value.

FX Liquidity Heatmap

Best conversion windows are based on liquidity, bank availability, volatility, and settlement urgency.

Weekend
High Risk
Asia Open
Moderate
London
Strong
NY/London
Best
NY Close
Moderate
Holiday
Wide

Behind-the-Scenes Orchestration Flow

1. RfP CreatedU.S. Payee requests USD using structured invoice data.
2. Currency ChoiceMexican Payer chooses MXN quote or USD account payment.
3. FX QuoteEngine calculates wholesale rate, quote rate, spread, and fees.
4. Liquidity RoutePlatform compares banks, LPs, treasury APIs, and settlement rails.
5. ApprovalPayer approves, declines, schedules, or requests another account.
6. SettlementMXN collected, USD delivered, or USD-to-USD settlement if available.
7. Ledger CloseNon-commingled ledger, fees, FX gain, payout, and reconciliation posted.

Treasury Float Dashboard

MetricExamplePlatform Value
Held Funds$4.2MLiquidity planning
Overnight Yield4.5%Treasury optimization
Average Hold Time6.2 hoursTiming intelligence
Conversion Savings$18,441/daySpread compression

Multi-Rail Settlement Routing

RailCountry/RegionStatusUse Case
FedNow®United StatesInstantUSD payout to U.S. Payee
RTP®United StatesInstantUSD payout alternative
SPEIMexicoAvailableMXN collection / local payout
StablecoinGlobal24/7 OptionLiquidity bridge where permitted
SWIFT / CorrespondentGlobalFallbackTraditional cross-border settlement

Platform-Owned FX Engine: Revenue & Control Model

Revenue Controls

Configurable spread, fixed fee, percentage FX fee, instant settlement premium, treasury service fee, API fee, and white-label SaaS fee.

Risk Controls

Quote expiration, volatility guardrails, pre-funded liquidity, hedging rules, bank limits, AML/KYC/OFAC checks, and non-commingled customer ledgers.

Ownership Models

Own the engine, license bank/FX APIs, aggregate multiple liquidity providers, or operate a hybrid model with configurable platform markup.