# Remittance/OTC

The remittance feature in akad.finance could be integrated with the fiat gateway and autoconversion feature to provide a comprehensive solution for sending funds across borders. Here's a high-level overview of how this could work:

1. **Wallet setup**\
   Users would need to set up a wallet with akad.finance to use the remittance feature. This would involve creating a private key and a public address. The private key would be used to access the wallet, while the public address would be used to receive and send akad tokens.
2. **Sending money**\
   To send money, the user would need to specify the recipient's public address. The user would then enter the amount of money they want to send in their local currency, such as Indonesian Rupiah (IDR).
3. **Conversion**\
   The remittance feature in akad.finance would automatically convert the sender's local currency into RUPYA, the stable token used in the platform, at a competitive exchange rate.
4. **Transfer**\
   Once the local currency has been converted into RUPYA, the remittance feature would transfer the RUPYA to the recipient's wallet. If the recipient wants to receive a different currency, the remittance feature would automatically convert the RUPYA into the recipient's preferred currency at a competitive exchange rate.
5. **Tracking**\
   Both the sender and the recipient would be able to track the status of the transaction on the blockchain and view the transaction history in their akad.finance wallet.

With this integration, the remittance feature in akad.finance would provide users with a secure, decentralized, and efficient way to send funds across borders, while also taking advantage of the fiat gateway and autoconversion feature to ensure competitive exchange rates and easy access to local currencies. Additionally, the use of akad token as the underlying currency for remittances would provide users with the benefits of the blockchain and the value of gold, which akad tokens are backed by.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://akad-finance.gitbook.io/akad.finance/english/feature/remittance-otc.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.