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PayVault · Section

Treasury & Custody

Custody is a policy question before it is a technology one. Wallet structure, key control, treasury balances and payout authority should all be things you can explain to an auditor without preparing first.

5 pages

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What is held, what is owed, what is free

Balances across assets and providers, with client liability separated from operating funds, in the same view your compliance officer would ask to see.

PayVault treasury overview showing reserve cards, allocation by holding and currency exposure

Four questions

If any of these is awkward, start here

  • Can you say, right now, what is client money and what is yours?

  • Could two people acting together move funds without a third knowing?

  • Has the key recovery procedure ever been performed, rather than written?

  • Would a payout run fail loudly if treasury were short, or quietly?

Bring your compliance officer to this one

Custody, approval thresholds and recovery procedure are the parts of a payment review that need someone from the second line in the room.

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