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Managed payments
Enhanced payment tracking for ACH, Fedwire and Swift
Fiat payments now include comprehensive tracking references for ACH, Fedwire, and Swift. View tracking details in the Merchant Portal or via API: IMAD/OMAD for Fedwire, Trace ID for ACH, UETR for SWIFT transfers. This replaces MT103 documents, which SWIFT decommissioned in November 2025. Tracking information is also available in Proof of Payment extracts.
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Beneficiary management update
We’re updating how fiat payout beneficiaries are managed in the BVNK portal to create a more streamlined, unified way to manage contacts in one place. Going forward, beneficiary information for both crypto and fiat payouts will live together under Contacts.
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Managed payments
Enhanced fiat payment traceability with tracking references
Fiat payments now include tracking references (IMAD, OMAD, Trace ID, and UETR) to help you monitor payment progress across slower rails like ACH and Swift. View tracking details in the Merchant Portal or via API. This replaces MT103 documents, which Swift decommissioned in November 2025.
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Self-managed payments
Recurring wallet transaction reports
Schedule daily, weekly, or monthly transaction reports for individual wallets: both fiat and crypto. Reports are automatically delivered in CSV or PDF format to your inbox. Gives you more granular control over reconciliation and monitoring without generating full account reports. Find the feature in your BVNK Portal.
Self-managed payments
Treasury Rules Engine now live on Layer1
Configure automated fiat and crypto fund movements without code. Event-based rules trigger payments on specific conditions (e.g., high-value trades), while time-based rules execute transfers on schedules. Available to all Layer1 customers for streamlined treasury operations.

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