How Digital Local Currency Program works?

Digital Local Currency Limited is building the world’s first government-aligned Digital Local Currency (DLC) Global Program, enabling foreign individuals to BUY, KEEP, and SPEND destination currencies digitally—securely, transparently, and without relying on cash.

At the heart of the Program is a scalable infrastructure that allows foreign banks, e-wallets, and regulated financial institutions to extend DLC services to their customers—without requiring a local license, physical branch, or legal entity in the destination country.

Through regional operators such as ArabPay, AfricaPay, and TurkiyePay, Digital Local Currency Limited negotiates bulk allocation agreements with destination banks and licensed suppliers. These agreements guarantee a stable and predictable supply of local currency at competitive exchange rates, ensuring both compliance and efficiency.

This framework creates a seamless bridge between origin and destination countries, making local currencies globally accessible while strengthening national sovereignty and financial inclusion.

What we do for our members?

The program delivers a complete suite of services for member banks and regulators:

Bulk Allocation
Secure large pools of local currency through structured agreements. Allocations are optimized, transparent, and tracked in real time.
Cross-Border Correspondent Access
Enable foreign banks to open correspondent accounts with destination banks—without local licenses or physical offices.
Regulatory & Legal Enablement
We manage compliance frameworks including AML, CTF, and monitoring, ensuring safety and integrity.
Technical Integration
Provide APIs and infrastructure to embed DLC directly into existing mobile apps and wallets.
Market Expansion
Help regulators use existing infrastructure not just for citizens, but also for inbound individuals—tourists, students, business travelers, and diaspora.
Co-Branded Models
Enable banks and enterprises to create co-issued or co-branded products, capturing new segments under compliant structures.

Together, these services transform local payment systems into global gateways—aligning government ambitions with bank participation.

Mutual benefit

With our win-win philosophy, we look out for all the parties involved. Involving them in the next evolution

Policy

Helping local regulators see the potential of their massive tourist market and realize it accordingly

Consultation

Helping various entities on improving their existing solutions

Safety

Making the tourist experience safer

Expanding Access for Member Banks

The Digital Local Currency Program enables member banks and regulated financial institutions to go beyond their traditional reach by opening new sets of foreign correspondent accounts with licensed banks and regulated entities in destination countries.

This service provides banks with:

Wider options in new markets – access to multiple correspondent partners instead of being limited to one-to-one bilateral arrangements.
Broader choices for settlement and liquidity management – enabling more flexibility in how funds are allocated, disbursed, and reconciled.
Compliance and legal alignment – ensuring every arrangement is structured within the laws and regulations of both the home and destination country.
Operational efficiency – removing the need for banks to establish a local branch, subsidiary, or banking license abroad.

Through these correspondent relationships, the Digital Local Currency Program creates a secure and standardized infrastructure for:

Fund settlement – ensuring predictability and transparency.
Digital Local Currency disbursement – guaranteeing availability of local fiat in digital form for inbound spenders.
Regulatory assurance – giving central banks confidence that every participant meets the same global standards.

In practice, this means member banks can extend new services to their customers—tourists, students, business travelers, and diaspora—by allowing them to BUY, KEEP, and SPEND destination currencies digitally. At the same time, the banks themselves gain strategic entry into new markets, backed by a program that delivers oversight, auditing, and continuous alignment across all corridors.

Advisory Value Through Collective Syndication

The Digital Local Currency Program provides its member banks not just with access to foreign correspondent accounts, but also with an advisory service designed to maximize impact through collective action. Acting individually, banks have limited leverage and fragmented opportunities. Acting together, as a syndicate under one program, they unlock advantages that no single institution could achieve alone.

Through this coordinated model, banks benefit from:

Shared advisory insights – guidance on how to align with regulators, destination banks, and market stakeholders.
Stronger negotiating power – bulk allocation agreements and corridor terms that only a group can secure.
Collective innovation – opportunities for co-branded or co-issued products with local networks, staples, and service providers, ensuring foreign individuals can seamlessly BUY, KEEP, and SPEND destination currencies.
Scalable market reach – expanding customer access not only through banking channels, but also through regulated acceptance points across the tourism and service economy.

In this way, the Program ensures that every member bank benefits from the power of syndication: broader corridors, better pricing, regulatory alignment, and deeper penetration into inbound markets—all achieved under a single, government-aligned framework.

Got more questions?

Feel free to browse more specific sections of the website or to contact our team