Prime OTC
Prime OTC desk for large stablecoin conversions
Prime OTC is Sentvia's desk for high-value conversions between stablecoins and fiat. You request a quote for the full amount, approve it to lock the rate, and we settle the result to an IBAN in your company's name. One quote, one rate, one settlement.
- Converts
- USDT and USDC to and from USD, EUR, GBP and AED; EURC to and from EUR
- Pricing
- A live quote for each trade, locked when you approve it
- Settlement
- Fiat to your named IBAN, or stablecoins for fiat-to-stablecoin trades
- For
- Businesses with large or time-sensitive conversions
What is an OTC desk?
An OTC (over-the-counter) desk arranges a large conversion privately, at one quoted price, instead of placing it on a public exchange. For a business, that means a single agreed rate for the whole amount and settlement straight to its own bank account, with no order book and no partial fills.
When to use it
- A single large receipt, such as a property deposit, a vehicle or a major invoice
- Moving treasury between stablecoins and fiat
- A payment where the rate must be fixed before you commit
It isn't a trading service: we don't hold positions or advise on digital assets.
How a trade works
- Request a quote: the amount, the currency pair and where the funds should land.
- Approve it: the rate is locked for that trade.
- Send the funds: either stablecoins to the address we give you for that trade, or fiat from your named account. We screen every incoming payment.
- Settle: we execute through regulated banking partners and pay into your named IBAN.
Why lock the rate first
Nothing moves between quote and settlement, so the amount you agreed is the amount you receive. For everyday conversions, see FX services; for dirhams specifically, see converting USDT to AED.
Before your first trade
You onboard as for any Sentvia account, with a dedicated onboarding officer guiding you. Larger trades may need evidence of where the funds came from. Our compliance and regulation page explains why.
Timing
The stablecoin leg takes minutes; the fiat leg follows the receiving bank's rails and cut-offs. Processing times depend on currency, jurisdiction and bank rails used.
This page explains how Sentvia processes payments. It is not investment advice.
FAQ
Common questions
- Which currencies can we convert?
- USDT and USDC to and from USD, EUR, GBP and AED, and EURC to and from EUR.
- Is the rate fixed once we approve?
- Yes, for that trade.
- Do you publish OTC rates?
- No. Every trade is quoted individually.
- Do you give investment advice?
- No. Sentvia does not provide investment advice, portfolio management, banking, or lending services.
Get started
Planning a large conversion?
Tell us about the payments you expect and a dedicated onboarding officer will guide you through set-up.