Institutional Business · Southeast Asia

Cross-Border Clearing Rails for Institutions in Southeast Asia

Not just another cross-border rail — we open up Ksher’s deeply rooted Southeast Asia clearing network to you. One API for local collection and cross-border payout across SEA: complete capabilities, efficient integration, full compliance.

API integration connecting institutional clearing systems

Local Clearing Networks Across Southeast Asia · Locally Licensed Compliant Rails · Dual Access: API + Portal

10 yearsDeep local experience

200,000+Active merchants

60+Banks and PSPs

US$10B+Cumulative value

190+Countries and regions

Challenges

One Integration. Connected across Southeast Asia.

Licences, clearing, compliance and tax are fragmented across markets and providers. The longer the chain, the higher the cost and risk.

01 · Fragmented Integrations

Each market has its own licence and clearing network, requiring separate negotiation and integration.

02 · Compliance & Tax

Local onboarding, outbound remittance and tax filing follow different rules in every market.

03 · Broken Money Flow

Collection, FX conversion and payout sit with different providers, hurting reconciliation and capital efficiency.

Ksher combines one API, local licences and a fund clearing network into a single chain.

Overview

Connect Southeast Asia to Global Fund Flows.

From local collection and FX conversion out of Southeast Asia, to cross-border payout into individual beneficiary accounts. Take one line, or combine both into an end-to-end solution.

Collection

B2B Collection

Local collection accounts across Southeast Asia for platforms and institutional merchants. Covers account opening, real-time credit notification, order reconciliation, FX conversion and cross-border settlement.

Payout

Cross-Border Payout

Ksher PrimePay (KPP)

Cross-border payout for licensed institutions, covering salary, family remittance and more, with payout in CNY, THB, MYR, IDR, VND and PHP. Leverage Ksher local licences and clearing networks to complete your payout chain.

B2B Collection

Local Collections across Southeast Asia. One Connected Settlement Flow.

Local collection accounts are issued per merchant. Funds land in real time via local clearing networks, are matched to trade orders, then converted and settled cross-border.

Core Capabilities

Local Virtual Account (VA)

Local collection accounts issued per merchant.

Real-time Credit Notification

Incoming funds pushed to your systems in real time.

Order Reconciliation

Match incoming credits to trade orders.

Multi-currency FX Conversion

Convert local currency with real-time quotes.

Cross-border Settlement

Settle converted funds to your designated account.

Refund & Return

Return funds along the original path with full traceability.

Coverage

Coverage and Local Clearing Networks

MarketCurrencyLocal clearing network

Vietnam · VNVNDNAPAS / CITAD

Thailand · THTHBBAHTNET (RTGS) / SMART

Malaysia · MYMYRRENTAS / Interbank GIRO / DuitNow

Philippines · PHPHPInstaPay / PESONet

Indonesia · IDIDRBI-FAST / BI-RTGS / SKN

FX Conversion & Settlement

Local collection currencies

THBMYRIDRVNDPHP

Settlement / conversion currencies

USDHKDEURCNHGBPCNY

Real-time FX QuotesRefreshed every 1 minuteQuote valid for 3 minutes

Settlement Timeline

Thailand (TH)T+1Malaysia (MY)T+1Philippines (PH)T+1Indonesia (ID)T+1Vietnam (VN)Coming Soon

Process Flow

Six Steps from Collection to Settlement

Merchant Onboarding

KYC and qualification review

VA Account Opening

Local collection account issued

Local Collection

Funds land via local clearing

Order Reconciliation

Credits matched to trade orders

Balance FX Conversion

Local currency to settlement currency

Cross-border Settlement

Converted and settled to your account

Cross-Border Payout

Ksher PrimePay

Cross-border payout that completes the last mile for institutions. Locally licensed PSPs, money transfer operators (MTOs), and labour service companies can plug into Ksher local licences and clearing networks.

Who It Serves

Licensed Payment Service Providers (PSPs) · Locally licensed players that need to complete their cross-border payout chain
Money Transfer Operators (MTOs) · Remittance providers serving individual customers
Labour Service Companies · Paying salaries to workers deployed overseas

Remittance Scenarios & Purposes

C2C · Person to Person · Overseas workers sending salary or family support back to relatives at home
B2C · Business to Person · Labour companies paying salaries, or platforms settling to individual beneficiaries
Remittance Purposes · Salary, family remittance and other supported purposes

Payout Currencies & Destinations

Payout Currencies (6)

CNY

THB

MYR

IDR

VND

PHP

Supported remittance purposesSalary and family remittance, extensible to further use cases.

Coverage destinationsChinese mainland + Southeast Asia · Vietnam / Thailand / Malaysia / Philippines / Indonesia

Funding Model · Pre-funded

Institutions pre-fund their account, and funds are ready for payout as soon as they land. The money flow stays transparent and risk stays contained.

Payout Speed & Service

Payout requests accepted 24/7, processed in real time whenever channel liquidity allows
Limit and compliance checks run up front at submission, cutting down on returns
Refunds are returned in full, fees included

Two Ways to Integrate

Option 1

API Integration

For institutions with engineering capacity — integrate deeply into your own systems with automated batch payouts and real-time callbacks.

Explore API Docs

Option 2

Portal · Payout Console

No development required — log in and go. Upload an Excel file for batch payouts, and check balances, orders and statements in real time.

See the Console

Ksher PrimePay · Portal

Payout Console, Ready Out of the Box

One of the two ways to integrate Ksher PrimePay. No development required — log in to run daily payouts, queries and reconciliation.

Account Management

Real-time multi-currency balances

Available balance and pending credits in JPY / USD / CNH

Balance movement statements

Every fund movement, queryable by currency

Incoming funding records

Full record of pre-funding credits

Reference rates and trends

Live quotes with today / 7-day / 30-day trends

Payout Management

Batch payout

Excel template · up to 100 payouts per batch · automatic parsing and validation · five-step wizard

Beneficiary management

Single entry plus Excel bulk import · auto-creation of unregistered beneficiaries · three-element verification

Payout records and batch query

Track every payout by batch, with export for reconciliation

Fast · Efficient · Simple

One API Across Collection, FX and Payout

A single API serves both business lines — B2B Collection and Cross-Border Payout (Ksher PrimePay) — with full transaction, query and callback capabilities that embed directly into your systems. Teams without engineering resources can use the Payout Console instead.

Explore API Docs

B2B Collection API Capabilities

Merchant registration and lookup
VA account opening and lookup
Real-time credit notification and lookup
Balance query and statements
Refund of incoming credits
Trade orders: create, match, amend, cancel
Logistics information updates
FX rate query and rate-locked orders

Cross-Border Payout API Capabilities

Balance query and statements
Incoming funding records
Beneficiary management: create, update, delete, query
FX rate query
Fee calculation and FX rate lock
Batch payout submission
Payout details and batch query
Webhook callbacks: payout results and return notifications

Sandbox Environment

Full end-to-end testing before go-live

Bilingual API Documentation

Complete field definitions and request samples

Real-time Webhooks

Status changes pushed straight to your systems

Why Ksher

We do not compete on country count — we compete on depth in Southeast Asia.

Map of Ksher clearing network and supported currencies

Complete CapabilitiesEfficient IntegrationFull Compliance

Our Advantage

Southeast Asia Clearing Network

Years of depth in Southeast Asia have built a regional clearing network with real barriers: local licences, local clearing, local accounts — direct connections, not multi-hop intermediaries. Southeast Asia is the highest-conviction growth market in global cross-border trade.

Clearing Network as APIs

Our Southeast Asia fund network is packaged into standardised atomic capabilities — collect, pay, convert — exposed via API. No need to negotiate licences or connect clearing market by market: integrate once, get the whole region.

End-to-End in One Place

Collection, FX conversion and payout close the loop on a single platform. No stitching the chain together across multiple providers, so reconciliation and capital efficiency both improve.

Local Compliance & Tax

Local licences across Southeast Asia (such as the Thailand Ministry of Finance AMTA cross-border remittance licence), a PBOC-licensed compliant channel for inbound CNY, plus local tax capabilities such as Vietnam FCT filing on your behalf — the hardest parts, and the ones institutions need most.

Dual-Mode Integration

Deep API integration for large institutions, self-service Portal for smaller ones. Pick what fits your IT capacity and lower the barrier to going live.

Onboarding

Four Steps to Institutional Onboarding

From commercial alignment to go-live, a dedicated team stays with you throughout.

Commercial Discussion & Solution Design

Align on use cases, coverage and integration mode

KYB Institutional Onboarding

Review of qualifications, licences and compliance documents

Sandbox Integration Testing

End-to-end testing and use-case validation

Go-Live & Ongoing Support

Production cutover and day-to-day operational support

Contact us

Ksher powers cross-border clearing rails across Southeast Asia for licensed institutions, money transfer operators and platforms.

To learn more about how our capabilities can benefit your business, fill out the form and a member of our team will be in touch.

Cross-Border Clearing Rails for Institutions in Southeast Asia

01 · Fragmented Integrations

02 · Compliance & Tax

03 · Broken Money Flow

B2B Collection

Cross-Border Payout

Core Capabilities

Local Virtual Account (VA)

Real-time Credit Notification

Order Reconciliation

Multi-currency FX Conversion

Cross-border Settlement

Refund & Return

Coverage and Local Clearing Networks

FX Conversion & Settlement

Six Steps from Collection to Settlement

Merchant Onboarding

VA Account Opening

Local Collection

Order Reconciliation

Balance FX Conversion

Cross-border Settlement

Who It Serves

Remittance Scenarios & Purposes

Payout Currencies & Destinations

Funding Model · Pre-funded

Payout Speed & Service

Two Ways to Integrate

API Integration

Portal · Payout Console

Account Management

Real-time multi-currency balances

Balance movement statements

Incoming funding records

Reference rates and trends

Payout Management

Batch payout

Beneficiary management

Payout records and batch query

B2B Collection API Capabilities

Cross-Border Payout API Capabilities

Sandbox Environment

Bilingual API Documentation

Real-time Webhooks

Southeast Asia Clearing Network

Clearing Network as APIs

End-to-End in One Place

Local Compliance & Tax

Dual-Mode Integration

Commercial Discussion & Solution Design

KYB Institutional Onboarding

Sandbox Integration Testing

Go-Live & Ongoing Support

Contact us

Fill out the form and we’ll be in touch