Level-up your deposit solution
Shrap provides a compliant, end-to-end settlement platform for your cash deposit service.
With Shrap, you can offer same-day settlement to any customer, regardless of who they bank with, while retaining ownership of your customer relationship, commercial model and service proposition.
Shrap provides flexible solutions, tailored to your business case.
No compliance function? No problem.
Shrap can onboard customers on your behalf. We perform the ongoing KYB, KYC and transaction monitoring required to operate a compliant cash deposit service - while you retain full control of the customer relationship.
Your bank or ours?
You can choose to process cash through your existing banking partner, or arrange for cash to be delivered to one of Shrap's banking partners - benefitting from preferential rates and managed reconciliation.
We can pay direct to your customer.
You can choose whether Shrap should pay advance settlement to you, or directly to your customer. Shrap sends advance settlement via Faster Payments, ensuring funds are received in near real-time.
Get in touch to discuss how Shrap's advance settlement platform can support your offering.