RIA is competitively charging low fees, and the only way we could match up would be to find a payout partner with a good rate. Your solution is turnkey, which is good, but, we need visibility into the rate (assuming you will be assigning a payout partner to us) so that we could do some quick calculations before investing in your solution.
Why is the flow of funds important and why must I make it? Why can’t you make the flow of funds based on our project’s understanding (as you comprehend it)?
What bank will we be signing with? Can you tell us the name of the financial institution you are talking to? We might already be in conversation with them?
How do I tell the payout partner in my beneficiary country to have a correspondent tie-up with the solution provider?
What are the solution providers payout rails? How can we find out their commercial terms and delivery times for the pay out countries?
With a US sponsored solution provider for Remittance-as-a-Service, would we also be able to use Europe as sending corridors?
Can we have a legal company name and then have a separate name (register a “doing business as”)? Is that allowed?
We have already started to sign up clients for our B2C (Business to Consumer), for bank to bank transfers. Can you recommend other solution providers for this use case?
What is a list of reasonable payout countries that we can get access to by the solution provider when we are setting up our money transfer business?
We want to apply for a white label solution, can you explain the benefits of using your API as compared to a pre-built API from the solution provider?
Which functions would be present in the pre-built application and can we request certain functions to be added according to our needs?
Would we receive proper installation/onboarding support for the API once we choose a solution provider?
What does it mean to “lease” a license and what services does your company (Faisal Khan & Co) provide for the fee you charge?