Modern Treasury
US payment operations over the platform's own bank accounts: ACH, wires, RTP, counterparties and reconciliation.
What it does
Each capability by country. Integrated means Unirail’s adapter does it today; listed means Modern Treasury offers it according to its public documentation, and Unirail can’t route it yet.
Banking
- Payouts
banking.payoutsSending money from a balance the provider or the platform holds to a recipient's account.
- listedUS
ACH, wires and RTP from the platform's own bank accounts. From this listing's earlier research; not re-checked yet.
Source ↗
- Direct debits
banking.pay-ins.debitPulling money from the payer's account under a mandate: ACH debit, Bacs Direct Debit, SEPA Direct Debit.
- listedUS
ACH debits. From this listing's earlier research; not re-checked yet.
Source ↗
One contract that reaches many local rails. Payments through it pass through the provider’s own accounts on the way.
Coverage
Countries
- US United States
Account schemes
payto://achUS routing and account number (ACH)payto://ibanIBAN
Custody
Who holds the money while a payment through Modern Treasury is in flight. Unirail records custody on every leg, and your routing policy decides which kinds are allowed.
- platform-entityPlatform’s account
The money passes through an account your own company holds, so you are in the flow of funds.
- provider-transitProvider holds in transit
The provider holds the money between collecting it from the payer and paying it out to the payee. Routes like this only appear in quotes when your routing policy admits provider-transit custody.
An environment whose policy admits only none still sees these routes in quotes, marked infeasible with this reason.
Who is regulated
The platform's own banks, or Modern Treasury's PSP.
With your own contract, you stay the provider’s customer. Unirail acts as your technical service provider and calls Modern Treasury with your credentials.
Onboarding
- Sandbox
- Self-serve sandbox
- Production
- Contract with the provider
Credentials
Modern Treasury has no adapter yet, so there is no folder layout to create. It will appear here when the provider is integrated.
More meta-provider providers
One contract for collections into Airwallex accounts, payouts over local rails in many countries, FX, and UK CoP / EU VoP name checks. Routes through it hold money in transit.
- Payouts
- Virtual accounts
- Confirmation of Payee
- Verification of Payee
- +2
Direct Debit collections across the UK, euro area, Nordics, Australia, New Zealand, Canada and the US, plus Instant Bank Pay, recurring pay by bank and CoP / VoP checks.
- Account details
- Balances
- Transactions
- Direct debits
- +5
Wallet-based global payouts, collections and FX, plus Nium Verify for account checks.
- Payouts
- Virtual accounts
- FX
- Cross-border transfers