Flexible roles in custody

Through CheckSig Clear, banks freely determine their level of engagement in the custody process, spanning from a purely auditing function to complete operational involvement whenever onchain transactions are required
Onchain watchdog
The bank can independently monitor the blockchain and receive an alert every time funds are being deposited or withdrawn from either frozen or cold wallet
Federation agent
The bank is one of the Federation agents, being alerted and involved before every withdrawal from the frozen wallet is initiated
Recovery agent
The bank holds one or more keys needed for safe funds recovery in a disaster scenario
Full Federation
The bank represents the entirety of the Federation, requiring the bank’s signature every time a withdrawal from the frozen custody is needed