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Each of the products and services referred to on this page will be provided through one or more companies of the corporate group that are duly authorised to provide each service in accordance with the applicable local regulations. In Argentina, through Alerce Argentina, SRL, registered under No. 24 of the PSAV Registry of the CNV (Argentine Republic). (PSAV: Virtual Asset Service Providers; CNV: Argentine National Securities Commission.) In Chile, through Koywe SpA, registered under No. 196 of the Registry of Providers of Financial Services and authorised to provide the service of intermediation in financial instruments, before the CMF. (CMF: Financial Market Commission.)

Pay international suppliers without opening local bank accounts

A Colombian importer pays a Mexican supplier via local rail (SPEI), cutting operational friction and settling in minutes.

Hero Crossborder Payment

In summary

Company typeImporter
CountryColombia
Payment purposeInventory supplies
SupplierMexico
Current methodSWIFT wire transfer
Current frictionUnpredictable timelines and costs

Crossborder Payment

ChallengePay like a local, without opening a bank account in Mexico

Supplier currencyMXN

How Koywe solves it

Context

A Colombian importer sources inventory every month. Their operation depends on paying on time so the supplier releases goods and the supply chain keeps moving.

When the payment is delayed, the inventory is delayed.

Challenge

The Mexican supplier starts requiring SPEI payments (their local rail). The Colombian importer sees the value but:

Doesn't want to open a bank account in Mexico.

Solution

The importer uses Koywe to pay their supplier using a local payment method, in the supplier's currency.

What each party gets

Supplier

Payment received in MXN to their local account

Result

Payment stops being an operational bottleneck.

More predictability:

to release inventory and plan purchases on schedule.

Less supplier friction:

for vendors demanding local payment methods.

More operational control:

status, confirmation, and full transaction detail.

Timeline

Before

International wires with unpredictable settlement times

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Cross-Border Payments via Local Rails | SPEI & MXN Use Case | Koywe

Settled in minutes via local rail (SPEI)

Business

Real-time transaction status and confirmation

Full transaction details (time, date, exchange rate)

Suppliers pushing for local payment methods

FX costs difficult to forecast

During

Supplier details entered into Koywe
Payment created on the platform
Confirmed with visible exchange rate

After

Supplier receives MXN via SPEI in minutes
Status, confirmation, and transaction detail available
Less friction to operate month over month