Same-Bank and Cross-Bank Settlement Modes
The route determines whether the programme needs only internal treasury proof or also receiving-institution confirmation and partner-rail coordination.
Different routes, different proof
A same-bank movement closes inside one issuing-institution workflow with internal treasury and control-account evidence. A cross-bank route closes only after the receiving institution accepts the instruction and the programme records destination credit or a controlled return.
A tokenized-asset cash leg may use the same deposit programme but still belongs to the separate asset workflow. The cash leg supports the asset programme rather than replacing it.
Same-bank mode
- Control-account or treasury reservation evidence is sufficient for release.
- The issuing institution remains the source and destination authority.
- Close depends on internal credit or disposition confirmation rather than interbank acceptance.
Cross-bank mode
- The receiving institution must already be admitted under the programme rules.
- Partner-rail coordination or legacy message exchange may be needed before the movement closes.
- Receiving-institution confirmation and return handling remain part of the public evidence story.
Cash-leg adjacency
When a tokenized deposit supports a tokenized-asset cash leg, the asset workflow still needs its own governing terms, eligibility logic, and authoritative-record close. The deposit programme supplies the payment leg, not the entire asset programme.