The flow of operations

The capabilities of Knox Wire to connect partner and non-partner institutions is near boundless. This is because the system can process financial transactions within the network, as well as interact with banks outside of the platform.

The capabilities of Knox Wire to connect partner and non-partner institutions is near boundless. This is because the system can process financial transactions within the network, as well as interact with banks outside of the platform.

Scheme of sending money between two Knox Wire participants

Scheme of sending money to a participant off network

Same day settlement of your Knox Wire balance

When an institution would like to withdraw their Knox Wire internal balance off of the system they can do so the same business day in most currencies. This can be done though a domestic wire system, or even cash, via our deposit partners worldwide.