Transaction Banking
Complete banking infrastructure for institutions operating across currencies and markets. Accounts, ledgers, and treasury management — accessible via API or through Meridian's Transaction Banking Portal.
The Foundation
Meridian's transaction banking provides the foundational infrastructure layer — multi-currency accounts, real-time ledgers, and treasury management — that underpins all clearing and settlement products.
Whether you're clearing dollars, settling in stablecoins, or moving local currency, every transaction flows through Meridian's core account and ledger infrastructure. It's the operating backbone that makes all other Meridian products work together seamlessly.
How It Works
Open multi-currency accounts with full KYB verification. Each account is purpose-built for institutional operations across currencies and markets.
Fund accounts via wire, ACH, or stablecoin rails. Meridian accepts inbound transfers across major payment rails and converts to your preferred holding currency.
Manage balances, initiate transactions, and view real-time positions across all accounts and currencies from a single interface.
Access comprehensive transaction and balance reports on demand. Automated statements, regulatory exports, and real-time reconciliation data.
Key Features
Hold USD, PHP, and other currencies in a single account structure. No need to maintain separate accounts at multiple institutions.
Instant balance updates with double-entry bookkeeping. Every debit and credit recorded in real time — no batch windows, no lag.
Position monitoring, liquidity management, and automated sweeps. Maintain target balances and optimize idle cash across currencies.
Create hierarchical account structures for clients. Segregate funds, apply individual limits, and report at any level of the hierarchy.
Automated statements, regulatory reports, and full reconciliation exports. Delivered on schedule or pulled on demand via API.
Banks that prefer a UI-based workflow can access the full platform through Meridian's Transaction Banking Portal — no integration required. For those who want programmatic control, every operation is also available via REST API.
Technical Details
Controls & Compliance
Full business verification for every account opened on the platform, with ongoing monitoring.
Real-time screening of all transactions against sanctions lists, PEP databases, and adverse media.
Automated reports formatted for applicable regulators, delivered on schedule or on demand.
Complete, immutable ledger of every account event and transaction, available for regulatory review.
Granular permissions for treasury operators, compliance teams, and client-facing staff.
Integration
Institutions that want full programmatic control can integrate via a single REST API — accounts, balances, transactions, and reports, all accessible from code. Institutions that prefer a UI-based workflow can use Meridian's Transaction Banking Portal instead, with no technical integration required.
Both paths give you access to the same infrastructure. Start with the Portal during onboarding and layer in the API as you scale — or go API-first from day one.
View API documentationcurl -X POST https://api.meridian.com/v1/accounts \
-H "Authorization: Bearer sk_live_..." \
-H "Content-Type: application/json" \
-d '{
"type": "operating",
"currencies": ["USD", "PHP"],
"owner": {
"name": "Acme Financial Corp",
"kyb_status": "verified",
"country": "PH"
},
"institution_id": "inst_acme_001",
"sub_accounts": true,
"metadata": {
"client_ref": "ACME-TXN-2025-001"
}
}'
Your Operating Backbone
Transaction banking isn't just another product in the Meridian suite — it's the core layer that every other product depends on. Dollar clearing, stablecoin settlement, and FX operations all flow through the same account and ledger infrastructure.
This means your teams work from a single system of record. No reconciling across multiple platforms. No manually stitching together data from different providers. One platform, one ledger, one source of truth.
Frequently Asked Questions
Meridian supports operational accounts for the institution’s own treasury, segregated client accounts for end-customers with full fund isolation, and sub-accounts for hierarchical structures. All accounts are opened programmatically via API or through the Transaction Banking Portal.
Accounts can hold USD, EUR, and supported local currencies within the same ledger infrastructure. Multi-currency balances are managed through a unified interface with real-time position visibility.
No. The Meridian Transaction Banking Portal provides a full web interface for managing accounts, initiating transactions, viewing balances, and generating reports — no technical integration required. Institutions that want programmatic control can also use the REST API, or combine both.
Meridian uses a real-time, double-entry ledger. Every balance update is instant and every movement is recorded with complete audit lineage. The ledger supports multi-currency positions and automated reconciliation across all account types.
Real-time balance reports, transaction histories, settlement reports, and regulatory-formatted reports are all available through the API and portal. Automated scheduled reports can be delivered via SFTP. All reports are audit-ready from day one.
Accounts can be opened in seconds through the API or portal. There is no manual paperwork or banking-hours dependency. KYB verification is handled as part of the provisioning flow.
Yes. The portal supports configurable role-based access controls for treasury operations, compliance review, client management, and reporting. Each user can be assigned specific permissions appropriate to their function.
Transaction banking is the foundational infrastructure layer. Currency clearing, stablecoin clearing, collections, and settlements all operate through the same accounts and ledger. It’s the operating backbone that makes all Meridian products work together seamlessly.
Schedule a conversation with our team. We'll walk you through the platform, discuss your requirements, and show you how quickly you can go live.