Payments & FX

Payments without rebuilding your bank around each provider.

Bastion provides a common payment model across multiple banks, payment providers and payment rails.

Payment routing and currency-conversion paths connected through approval and provider gates
  • Payment lifecycle
  • Approvals
  • FX & fees
01

Multiple rails through one payment model

Supported architectures have included domestic, international, incoming and outgoing payments through integrated partners.

  • Faster Payments
  • SEPA
  • SEPA Instant
  • SWIFT
  • ACH
  • BACS
  • CHAPS
  • Local rails through integrations

Rail availability depends on the selected providers, customer contracts, jurisdiction and deployment configuration.

02

A controlled payment lifecycle

Beneficiaries, validation, compliance checks and operational decisions remain connected to the payment record from initiation through reconciliation.

Different transaction types can use different approval workflows.

Create → Validate → Compliance → Approve → Submit → Monitor → Complete → Reconcile

03

Maker-checker and approvals

Financial operations can be routed through controls appropriate to their value, type and compliance profile.

  • Operator approval
  • Compliance review
  • Multiple approvals
  • High-value payment controls
04

Configurable fees

The fee engine can apply pricing based on the customer and the financial operation rather than forcing one universal tariff model.

  • Client or client group
  • Currency and operation
  • Bank and payment type
  • Fixed or percentage fees
  • Minimum and maximum values
  • Fixed + percentage combinations
05

FX, multi-currency accounts and reconciliation

Bastion supports multi-currency account architectures, including USD, GBP and EUR plus additional fiat currencies depending on configuration.

Rates can originate from multiple liquidity providers while customer spreads and revenue are accounted for separately.

Payment and FX movements reconcile back to the shared ledger and the relevant external provider records.

See the module in context

See how this capability works inside the complete Bastion platform.

We can demonstrate the running product and discuss how the module could fit your existing infrastructure.

[email protected]