Currencycloud incident

Issue with USD Network Partners

Major Resolved View vendor source →

Currencycloud experienced a major incident on July 16, 2025 affecting Payments, lasting 3h. The incident has been resolved; the full update timeline is below.

Started
Jul 16, 2025, 09:10 AM UTC
Resolved
Jul 16, 2025, 12:11 PM UTC
Duration
3h
Detected by Pingoru
Jul 16, 2025, 09:10 AM UTC

Affected components

Payments

Update timeline

  1. identified Jul 16, 2025, 09:10 AM UTC

    We have made aware of our a technical issue with our USD network providers, currently; investigating impact. Notification issued as potential delays experienced to a sub-section of incoming local USD transactions. Further update to follow.

  2. resolved Jul 16, 2025, 12:11 PM UTC

    The issue with our USD network providers has been resolved A sub-set of local USD incoming credits value dated 14th July were delayed by 1 day.

  3. postmortem Jul 22, 2025, 08:29 AM UTC

    **Overview** A technical issue with USD network provider was identified on 16 July 2025, affecting the processing of certain incoming local USD transactions. The issue was resolved the same day. **Client Impact** A subset of local USD incoming credits value dated 14 July was delayed by one business day. Clients may have experienced temporary delays in credit visibility or fund availability. **Root Cause** The delay was caused by partner advice not being generated for specific wires, which prevented timely processing. The issue occurred after Network Provider’s change to w new ISO format. **Remediation** The underlying issue was resolved by the provider on 16 July 2025. Monitoring and validation steps were reinforced to ensure timely detection and escalation of similar issues in future. ###### Currencycloud Confidential