Pay and get paid in any currency.
Hold, pay and settle in any currency, near-instantly, inside your food trade.
What you get with T57
- SettlementWithout T57: Days, with FX feesWith T57: Near-instant
- OnboardingWithout T57: Separate bank checksWith T57: Verified once, used again
- ReconciliationWithout T57: ManualWith T57: Payments matched to the trade
TodayWith T57
Finance, escrow and insurance come from licensed partners.
T57 solves slow, fragmented trade payments by giving members wallets in any currency and digital banking services from licensed partners, connected to every trade.
The problem
Money moves slower than the goods
A food business that trades across borders may hold accounts in several banks and currencies, wait days for payments to clear and lose money on every conversion. Payments sit in one system, contracts in another and invoices in a third, so finance teams spend hours matching them. For smaller exporters, opening a foreign-currency account can take weeks, and some are refused altogether.
How it works
Open a wallet → Pay and get paid → Reconcile automatically
- 01
Open a wallet
Verified members open multi-currency wallets with T57's licensed digital banking partners, using the verification already done for their T57 Passport.
- 02
Pay and get paid
Send and receive trade payments, including escrow releases and finance proceeds, in the currencies you trade in.
- 03
Reconcile automatically
Every payment is linked to its contract, invoice and delivery on the trade record.
What makes it different
Built for trust, not just listings
Use case · Illustrative example
Chennai seafood exporter gets paid faster by a Dubai buyer
A Chennai frozen seafood exporter sells to a verified Dubai distributor every month. Both hold multi-currency wallets through T57's digital banking partner. When the distributor confirms delivery, escrow releases payment straight into the exporter's wallet, and it settles in near real time. The exporter converts what it needs to rupees, keeps dirhams for its next freight payment, and every transaction is already matched to its invoice.
Why T57
We believe that getting paid for food should be as fast as the food needs to move.
Licensed partners
Wallets, accounts and digital banking services are provided by licensed banks and payment institutions. T57 does not hold client funds.
One record for money and goods
Payments sit on the same trade record as contracts and deliveries, which makes finance, audit and compliance simpler.
FAQ
Common questions
Is T57 a bank?
No. Digital banking services on T57 are provided by licensed partners. T57 connects them to your verified profile and trade record.
Which currencies can I hold?
Any currency your trade needs. T57's banking partners hold, convert and settle across currencies, so you can pay suppliers and get paid by buyers in their own currency.
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