# How Corridors Connect Sender and Beneficiary

A corridor acts as the **bridge** between the sender in one jurisdiction and the beneficiary in another. 

**Sender → Minit Money Remittance Orchestrator → Beneficiary** 

1. **The sender initiates a transfer.**  
   1. Provides identity (KYC), funding source, and beneficiary details. 
2. **The system determines the appropriate corridor.**  
   1. Validates availability 
   2. Determines FX rate 
   3. Ensures country-specific compliance 
   4. Selects the correct payout partner 
   5. Execute the transactions 
3. **The beneficiary receives the payout.**  
   1. Bank deposit, mobile wallet, cash pickup or voucher 
   2. Settlement confirmed and notified 

The sender cannot transact without a valid corridor, and the beneficiary cannot receive funds outside a supported corridor. 

**Core Capabilities** 

* **Sender & Beneficiary Management** – Create, update, and verify customer profiles with embedded KYC/KYB workflows. 
* **FX & Corridor Management** – Real-time access to supported corridors, payout currencies, and exchange rates. 
* **Transaction Processing** – Execute fiat-to-fiat remittances with instant confirmation and transparent fees. In the future stablecoin-based remittances will be possible. 
* **Compliance & Risk Controls** – Integrated AML screening, transaction monitoring, and configurable rules per jurisdiction. 
* **Payout Integrations** – Seamless connection to local partners for bank deposits, mobile wallets, and cash-out options. 

**How It Works** 

Through a unified **Remittance Orchestrator**, RaaS connects senders’ wallets, treasury wallets, partner banks, payout networks and beneficiary wallets. 

* Funding cycles (continuous or manual) ensure liquidity and settlement across corridors. 
* Automated quoting, FX conversion, and transaction validation provide real-time transparency. 
* Real-time transaction messaging, including status displayed to the sender as well as the beneficiary. 
* Beneficiaries receive instant payouts once settlement is confirmed. 

**Who It’s For** 

RaaS is built for: 

* **Banks** – modernise cross-border payment offerings. 
* **Fintechs & Neo-banks** – integrate instant remittance flows via API and enrich your value proposition. 
* **Mobile Wallets & Telcos** – expand payout networks and digital reach. 

**Why Use Minit Money RaaS** 

* Rapid go-to-market via API or dashboard 
* Licensed corridors and local payout partners. 
* End-to-end visibility and regulatory compliance 
* Reduced operational overhead and settlement friction 


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