This website is using necessary cookies to store your preferences and CSRF token cookie to
prevent cross-site request forgery (CSRF) attack. You can optionally agree for Google Analytics cookies,
which helps us to improve our website. More about cookies here.
Receiving Institutions functions as counterparty to the Transaction which is validating the information and helping to settle an Order on another end of Transfer. It acts as a receiver of funds which places them on the account of the Beneficiary.