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hello my name is Faisal Khan so in this video we will be discussing what is a triparty correspondent type agreement I have done a video on this thing you should be able to see the link on the top right but what were going to discuss now is actually the flow of what does it actually look like so in a typical money transfer flow of funds this is what you would typically see you would see a user they have some sort of mechanism for sending payments theres the MSP their bank account they work with either a correspondent or a respondent bank theyd send the money through Swift then the payout partner receives it the payout partner Bank gets the money they go to the end users bank account and the end user gets the money in some cases they if they dont use Swift then the payout partner may have a native bank account in the US and the money is pushed there but all this actually takes place because the MSP over here in the US lets say thats the example were using over here and the payout
