One Exchange. All Opted-In Institutions.
With Safari Managed Exchanges, your agency utilizes one secure drop point—either an SFTP site or our ServePort Agency Portal. From there, Safari handles the rest: routing each levy to the correct financial institution and returning responses through the format and method your team prefers.
A Safari Managed Exchange can be configured for levies an any format, whether X9.129 format, PDF, spreadsheet, or other structured data—and if the format is not already X9.129, Safari will convert it before delivering it to the financial institution.
Each financial institution must opt in to receive levies electronically, but once they do, Safari manages the full process of onboarding and ongoing technical support—so your agency doesn't have to.
A Different Model Than Safari as FI Agent
When Safari acts as the legal agent for its existing bank and credit union customers, your agency can send levies to those institutions with no contract or due diligence required. This is a fast, free, and effective starting point.
By contrast, a Safari Managed Exchange is not tied to Safari’s customer base. It expands your reach by enabling delivery to any financial institution that opts in, whether or not they use Safari for anything else. Safari takes full responsibility for onboarding each new institution—but requires a direct relationship with the agency to do so.
Safari Becomes a Vendor of the Agency
Because Safari acts on the agency’s behalf when onboarding third-party institutions, your agency must first establish a vendor relationship with Safari. This includes a contract and due diligence review (typically focused on information security and data handling).
Once approved, Safari can configure the exchange to match your preferences. The contract can be structured in two ways:
- Agency-pays model: Safari bills the agency directly.
- FI-pays model: Safari charges each opted-in financial institution a rate pre-set by the agency contract (similar to rate-setting in regulated industries). This ensures transparency and cost control.
Summary of Benefits
- Single exchange point for all opted-in banks and credit unions—no more managing dozens of connections.
- Safari handles onboarding, testing, and technical support for every institution.
- Flexible pricing model with agency oversight of fees charged to financial institutions.
- Secure and scalable infrastructure through SFTP or ServePort.
| Considerations | Safari as FI Agent | Safari Managed Exchange |
|---|---|---|
| Safari onboards FIs | Only Safari customers | All FIs that opt in |
| Safari provides ongoing support to FIs | Only Safari customers | All FIs that opt in |
| Fee/Cost | Free to the agency | Safari customers: Free Non-Safari customers: Either agency-pays or FI-pays (rate set in agency-Safari contract*) |
| Agency-Safari contract required | No | Yes |
| Agency security review of Safari | No | Yes |
Want to see how agencies are going electronic—without all the work?
A Safari Managed Exchange lets agencies offer e-Levies without building or supporting one-off connections. We handle the onboarding, testing, and support—so you don’t have to.
Schedule a call with Erin Hormozi to see how it works,
Safari’s Senior Director of Professional Services
