The classic partnership: separate accounts, delayed reconciliation
When two companies share a transfer corridor, each party keeps its own ledger. At the weekly (or monthly) reconciliation, files are compared by hand, discrepancies appear, and the dispute begins. Time is lost, trust is lost, value is lost.
Interoperability on TEQ: mirror accounts from the first instant
When a partnership is created on TEQ, one essential thing happens automatically:
- Identical mirror accounts are created at both parties — what one sees, the other sees exactly.
- A unified tracking number is generated for every transfer across the corridor — no more two separate numbers.
- License status is visible to each party before accepting the partnership — a clear early trust signal.
Instant reconciliation, not weekly
Because the ledger is double-entry and identical between the parties, reconciliation is not a periodic event — it is a continuous state. At any moment, the balance owed between partners is known and agreed. Review shifts from “comparing files” to “confirming in one click”.
What do both parties gain?
- Instant settlements instead of waiting for the end of the week.
- Fewer disputes because the ledger is one, not two.
- Early trust via visibility into the partner’s license status.
- Faster corridor network expansion — a new partnership opens in minutes, not weeks.
Who controls the data?
Each party owns its ledger. TEQ holds no funds and speaks for no one. Interoperability connects infrastructure; it does not hand it to a third party.
Build your partnerships on instant-settlement infrastructure — start your trial.