What RailFi does and doesn't do
RailFi never holds, receives, or moves money. Here is exactly where RailFi's job starts and stops.
RailFi never holds, receives, or moves money. Payouts happen in a provider account opened in your own name, under that provider's own terms. RailFi is not a bank. No token.
RailFi's job, line by line
| Task | Does RailFi do it? | Who does |
|---|---|---|
| Hold your money | Never | Your provider account, in your own name |
| Receive or move money | Never | Your payer's wallet sends; your provider receives |
| Convert USDC to local currency | Never | Your provider, under its own terms |
| Identity checks (KYC) | No | Your provider |
| Anti-money-laundering monitoring | No | Your provider |
| Screen the payout address against the OFAC SDN list | Yes (in beta) | RailFi, before any instructions are shown |
| Check address format, checksum and network | Yes (in beta) | RailFi |
| Compare off-ramp providers for your corridor | Yes | RailFi (the side-by-side) |
| USDC invoice template and payer instructions | Yes | RailFi |
| Reverse, recall or refund a transfer | No | RailFi can't; talk to your provider |
| Say the money arrived | Never | Only you confirm that you received it |
Why it matters
Because RailFi never holds your money, there is nothing of yours at RailFi to lose. It also means RailFi can't pull back a transfer that went to the wrong place. That is why RailFi's checks all happen before anyone sends: the address, the network, the sanctions list and the link. See Networks and wallet addresses.
Nothing we send is financial, tax, or legal advice.
What we never ask for
We never ask for wallet keys, seed phrases, or bank passwords. RailFi never changes payment details by email.
If anyone claiming to be RailFi asks for a key, seed phrase or password, or sends "new" payment details by email, don't share or pay, and tell us.
What RailFi is not
- Not a bank. RailFi never holds or moves money
- No token, coin, or points scheme
- Not EOR / employment payroll (contractors only)
- Not a full multi-currency treasury or FX desk
- Not a marketplace, escrow, or dispute court
The full list is on What RailFi is not.
Last updated 30 September 2026. Something unclear or wrong? Tell us.