The Journal · Banking & Multi-Rail Execution
Banking and Stables with multi-rail execution in 23 currencies.
Bank accounts, FX conversion and stablecoin rails. The Journal executes the order, locks the rate, and posts balanced entries straight to The Book.
23 currencies · ~20k payments a day · Direct nostro clearing
In the machine
Everything either writes to the book — or protects it.
The Journal writes. The Book holds. The Watch decides what may be written.
Accounts & Rails
Bank accounts in 23 currencies. The operating layer on top.
Most providers stop at issuing an IBAN. The Journal turns accounts into a multi-rail execution and reconciliation engine.
- EUR
- USD
- GBP
- AED
- AUD
- CAD
- CHF
- CZK
- DKK
- HKD
- HUF
- JPY
- KES
- MXN
- NOK
- NZD
- PLN
- RON
- SAR
- SEK
- SGD
- TRY
- ZAR
Plus all major stablecoins on the exact same book.
| Traditional PSP | An account on Depa |
|---|---|
| Virtual IBAN & statement export | Named accounts in 23 currencies with real-time webhooks |
| — | Guaranteed FX rate locks with transparent fee ledgering |
| — | Pre-execution compliance and transaction monitoring |
| — | Continuous automated reconciliation vs your core system |
| — | Atomic posting to a balanced multi-asset general ledger |
What it does
Order Execution & Rate Locks
Route orders across tier-1 liquidity venues, lock real-time FX pricing, and apply custom fee markups. Every rate lock and markup is an explicit journal line.
Global & Local Rails
From ACH to SEPA or from Card Acquiring to FedNow, interconnected with Stables.
Transparent Fee Accounting
Track gross transaction amounts, interchange or network gas fees, and net client margins with no shadow P&L or reconciliation surprises.
Continuous Core Reconciliation
Automated real-time matching against bank statement feeds (camt.053, MT940) and blockchain RPC logs—replacing fragile end-of-month manual audits.
Automated Treasury Flows
Configure rule-based sweeps, liquidity top-ups, currency conversions, and vendor payouts that trigger automatically and generate their own ledger entries.
Connected Rails
The Journal turns real-time money movement into ledger truth.
- SEPA
- SEPA Instant
- SWIFT
- ACH
- Fedwire
- FedNow
- USDC
- Cards
- Open Banking
- Custodians
- Liquidity Partners
Under the hood
One payment, seven deterministic steps
- Received
- Watch
- FX Lock
- Fee Post
- Book Post
- Recon
- Notify
Every step is recorded in an immutable state machine. If policy check, pricing, or rail connectivity fails, the transfer halts cleanly with detailed webhook diagnostics.
