Commercial Banking Coordination
Tested Telex Receiving Account Setup Service
Financely supports commercial clients that require a regulated receiving account for authenticated bank-to-bank messaging, including tested telex where supported by participating banks.
This is an execution service for account setup and messaging enablement. Settlement remains subject to standard correspondent banking rails and bank compliance controls.
Fixed mandate fee: USD 99,500.
Service Scope
Account Setup Routing
- Commercial eligibility assessment
- Jurisdiction and entity suitability review
- Routing to regulated banking channels
Compliance Onboarding
- KYC and UBO document workflow
- AML and sanctions screening coordination
- Counterparty profile alignment
Messaging Enablement
- Tested telex or accepted equivalent alignment
- Recipient detail confirmation
- Message verification pathway setup
Execution Support
- Operational coordination with stakeholders
- Clarification support during onboarding
- Best-efforts rerouting if first route declines
Commercial use only:
This service is for legitimate corporate and institutional transaction workflows. Personal files and promotional investment narratives are not accepted.
Commercial Terms
| Item |
Term |
| Mandate Fee |
USD 99,500 payable at onboarding |
| Delivery |
Receiving account setup coordination plus authenticated messaging enablement workflow |
| Approval Basis |
Subject to bank compliance, risk policy, operational capacity, and final acceptance |
| Service Model |
Transaction-led advisory and execution coordination on a best-efforts basis |
Submission Requirements
- Legal entity name, registration number, and jurisdiction
- UBO details and ownership structure summary
- Commercial purpose and transaction context
- Sending counterparty and bank details, where available
- Requested messaging format or wording from sending side
- Expected value range and one-off or recurring frequency
Account opening and messaging channel availability are never automatic. Files move forward only when documentation and compliance standards are met.
Request Setup
Submit your file to start fit screening and onboarding coordination.
FAQ
Is tested telex a payment rail?
No. Tested telex is an authenticated messaging format. Fund movement occurs through regulated settlement infrastructure.
Do you guarantee account approval?
No. Approval remains fully subject to bank compliance and risk acceptance.
Can this be used for personal transactions?
No. The mandate is restricted to commercial and institutional use cases.
What is the fee?
The fixed mandate fee is USD 99,500.