Swift Tokenized Deposit Settlement Simulator

Institutional Rail Swift Interbank Connector
Corridor: DBS (Singapore) ↔ Citi (New York)
Standard: ISO 20022 + Multi-Ledger DvP/PvP

Corridor Controls

Dual-Rail Clearing Pipeline Settlement Latency: 180s

Rail A: Legacy Correspondent Trapped Float
×
1. DBS Initiation Sat 14:30
SWIFT MT103 queued; Fedwire & CHIPS closed
•
2. Interbank Float Queue 66.5h Delay
Trapped capital locked; credit exposure active
•
3. Monday RTGS Batch Mon 09:00
Clears via central bank corridor after weekend wait
Rail B: Swift Tokenized Deposit 24/7 Atomic
✓
1. DBS M-L Lock & Burn T+0.5m
DBS internal ledger locks & burns USD deposit token
✓
2. Swift Connector Interop T+1.5m
Cryptographic atomic message validation across ledgers
✓
3. Citi NY Mint & Release Finality
Instant token credit into Citi corporate account
Settled: 24/7 Atomic Ledger Finality via Swift Tokenized Connector
CORRIDOR: DBS_SG → CITI_NY | TX: 0x9b3e...e21a
Tokenized Savings
$7,191.78
Cost of carry float eliminated
Weekend Trapped Float Cost
$7,191.78
Carrying cost across 66.5h queue
Tokenized Finality Latency
3.0 min
Multi-bank atomic ledger execution
Legacy Settlement Latency
66.5 hrs
Holding duration until Monday open

DBS Bank (Singapore) - Source Ledger M-L Node: DBS-01

Operation Asset / Token Amount (USD) Reserve Balance
LOCK USD-DEP-DBS -$25,000,000 $475,000,000
BURN USD-DEP-DBS -$25,000,000 $475,000,000
SWIFT-ACK INTERBANK-REF CONFIRMED 0x7d19...3b04

Citigroup (New York) - Destination Ledger M-L Node: CITI-NY-04

Operation Asset / Token Amount (USD) Reserve Balance
SWIFT-IN INTERBANK-REF VALIDATED 0x7d19...3b04
MINT USD-DEP-CITI +$25,000,000 $825,000,000
CREDIT BENEFICIARY-ACC +$25,000,000 AVAILABLE

Cryptographic Audit & Protocol Telemetry

[14:30:00.102Z] INIT: Payment instruction ISO 20022 pacs.008 dispatched from DBS Singapore to Citi New York.
[14:30:01.440Z] SWIFT CONNECTOR: Bilateral settlement route verified. Tokenized deposit contract 0x4e8a...c9 invoked.
[14:31:12.820Z] DBS LEDGER: Escrow lock proof committed. Burn sequence authenticated with hash 0xbf30...71da.
[14:32:45.311Z] CITI LEDGER: Mint authorization signed by multi-sig oracle. Beneficiary funds unlocked in 180s.
[14:33:00.000Z] FINALITY: DvP atomic settlement complete. 0 weekend trapped float incurred. Carry savings: $7,191.78.