Commtrac Software
Product 04 of 04
Institutional settlement messaging
Commtrac Messaging
A locally deployed node speaking Comtell, the financial messaging language of the Commtrac Network. Payouts are funded in real time from Dru’s pre funded pools, whatever the corridor, and institutions settle behind them on cryptographic proof.
Scheduled release: Q2 2027. The specification is published ahead of availability.
Reference
At a glance
Commercial terms
Priced like infrastructure. What you charge clients stays yours.
A one time deployment and a monthly Comtell license
The node is deployed once and licensed monthly. Neither scales with the volume that passes through it.
A fraction of settled value, and cents per message
Settlement is metered as a small fraction of the value settled, and each Comtell message carries a flat charge measured in cents. Against a correspondent wire, a cross border payout costs a fraction of what the chain lifts today.
No revenue share
Instant settlement sold on to clients is priced by the institution and kept by the institution.
How terms are set
Terms are set with the Commtrac team against an institution’s volumes, rails, and deployment.
Speak with the Commtrac teamThe problem
The message moves in seconds. The money takes days.
The message has never been the slow part. A cross border payout clears the treasury in seconds and then goes dark, crawling through correspondents that each add a day and lift a fee, while the institution that sent it can only raise inquiries about its own money.
What speed exists is bought with trapped capital. Institutions pre fund accounts across every corridor to imitate immediacy, the FX rate is discovered when the payment lands rather than when it leaves, and one mistyped routing detail is enough to strand the transfer entirely.
Corporate payout · Toronto to Tokyoas it runs today
The message arrived in seconds. The value arrived on day three, lighter than it left, at a rate nobody chose.
The solution
Value at message speed. Funded by Dru. Settled on proof.
Commtrac Messaging is a locally deployed node speaking Comtell, the financial messaging language of the Commtrac Network. Instead of pushing value through a chain of correspondents, the node messages Dru, the Digital Reserve Unit, a Commtrac affiliated network of pre funded liquidity pools. A pool on the beneficiary side pays out in real time, Dru purchases the confirmed receivable, and the institutions settle behind it on cryptographic proof rather than trust.
The message sequence
A settlement in three messages
One message releases the payout, one advances it from the local pool, and one settles it on proof. The corridor, the locked rate and the funding pool travel inside them, so nothing about the payment is left to be discovered later.
The rate travels with the message
Cross currency payouts convert at live interbank pricing the moment the message is released. What the beneficiary receives is a term of the payout, known before it leaves.
Proof instead of trust
Commtrac built ZKP circuits and a tokenless DLT let multiple institutions and Dru settle with each other in no trust environments, with no token to adopt and no rulebook to rewrite.
The risk belongs to Dru
Dru purchases the confirmed receivable and carries the settlement risk while it completes. Institutions stop pre funding corridors and free the capital parked in them.
Person to person
A cross border wire, addressed to an email
The same network carries person to person transfers over SWIFT with nothing required from the sender but the recipient's email address.
01
Addressed, not routed
The sender enters an email address and an amount. There is no SWIFT code to look up, no branch address, and no detail to mistype.
02
The recipient chooses
An incoming deposit notice lands in their inbox carrying their unique Commtrac Checkout link. They open it and select the bank the wire should land in. Nothing to type, nothing to know.
03
Deposited in real time
The moment they sign in and select the account, a Dru pool local to them disburses the deposit, while the wire settles behind it across the network.
True real time payouts
A payout instruction becomes money in the beneficiary account in seconds, whatever the corridor. The node notifies Dru, a local pool advances the funds, and the underlying settlement follows behind.
The Dru liquidity network
Dru, the Digital Reserve Unit, is a Commtrac affiliated factoring entity operating pre funded pools across the network. It purchases confirmed receivables before they settle and holds the risk while they do.
Conversion at initiation
Cross currency payouts convert against live interbank pricing when the message is released. The rate is part of the payout, not a discovery made days later at settlement.
Settlement on proof
Comtell carries Commtrac built ZKP circuits and a tokenless DLT, so institutions settle with each other and with Dru on cryptographic proof, in environments where nobody has to be trusted.
Wired into your ledgers
The SDK ties the node into internal business logic and risk parameters, from virtual trading ledgers to client wallets, with configurable settlement risk. It also bridges VISA, Mastercard and other card networks to those internal balances: a client spends a debit card straight from a trading account or wallet, and Dru settles the card leg in real time over the network.
Leaner correspondent banking
The same proof based settlement thins the capital banks keep parked in vostro and nostro relationships. Balances reconcile against verified messages instead of idle pre funding.
The system
Four moving parts. One job each.
Messaging brings together things that are usually sold separately: a language, a liquidity network, a node and a proof layer. They divide cleanly, and none of them stands in for another. Pick a part and read what it is, what it does, and what it is not.
Integration
What adoption looks like
Deploy the node
The Comtell node installs on infrastructure the institution controls and joins the network from there. FX brokers, EMIs, commercial banks and P2P platforms run the same node.
Set the settlement risk
Exposure and settlement risk settings are yours to define, and internal risk systems join every release decision through the SDK.
Wire in the ledgers
The SDK ties the node into virtual trading ledgers, client wallets and internal business logic, so a payout can originate anywhere value lives in your stack.
Open the corridors
Payouts run in real time across borders, converting at live interbank pricing at release, with a Dru pool on the beneficiary side funding the deposit.
Price your own product
Offer clients instant settlement under your own brand at your own fee. There is no revenue share on it: what you charge for speed is yours to keep.
The network
Where Messaging sits
The Commtrac API
Deployable
Comes with the node natively. Instructions leave with verified names and destinations attached, and a wire can be addressed to nothing more than an email, with the recipient selecting their bank from the deposit notice in their inbox.
Commtrac Clearing
Deployable
The inbound counterpart. Clearing confirms and reconciles value arriving on the corporate account; Messaging instructs and settles value leaving it.
Commtrac POS
Scheduled release · Q1 2028
When a sale at the counter crosses borders, the terminal settles with Comtell behind it, syncing the cross border payment through to the merchant.
Featured paper
From Commtrac Foundations
messaging and settlementPaper 04Paper 04 · Published August 2026
Messages About Money
Why a wire is still slow, still expensive, and still built on trust, and how Commtrac Messaging settles on proof instead
A wire is slow because the message and the money travel separately. This paper follows the value through the correspondent chain, counts what trust costs in parked capital and lifted fees, and sets out settlement in Comtell: funded by Dru at message speed and verified on proof.
Next step
Put Commtrac to work against your own volumes.
Tell us the rails you run and the institutions your customers bank with. We will walk through what it looks like on your existing stack, and what it costs at your volumes.
Contact sales
Global settlement infrastructure