Frontier Capital Idling in Transit: The Real Price of Delay
You wire the money. Then you wait. Not for the deal to close—that's the fun part—but for the capital to actually arrive in the frontier market where it's supposed to work. The transfer sits in a correspondent bank, or the local custodian hasn't finished their KYC, or the regulator's approval is stuck in a queue that moves only when someone nudges it. That wait has a cost. It's not just the lost interest. It's the missed window, the renegotiated terms, the sense that the deal's momentum has drained away. For frontier capital, the gap between commitment and deployment is where value quietly leaks out. Why Capital That Waits Costs More Than You Think The hidden drag on frontier portfolios Capital parked in transit is the quietest leak in an emerging-market book.