Banking service providers
This section provides an overview of service providers available for the Core Banking solution.
Below is a summary table of all Banking service providers with detailed information on the supported functionality:
Click here to expand the table
Provider Feature | Clear.Bank UK | Clear.Bank EU | Railsr | Clearjunction | Currencycloud | Centrolink (BoL) "litas-sepa" | Equals Money | IFX | Unlimit | B4B | Modulr | Zand |
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Physical (Real) accounts | yes | yes | yes | no | yes | no | yes | yes | yes | no | yes | yes |
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Virtual accounts | yes | yes | no | yes | n/a | yes | no | yes | n/a | yes | n/a | yes |
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IBAN generation | yes | yes | yes | yes | yes | yes | yes | yes | yes | no | yes | yes |
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Private accounts | yes | yes | yes | yes | yes | yes | yes | yes | yes | n/a | yes | yes |
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Business accounts | yes | yes | yes | yes | yes | yes | yes | yes | n/a | yes | yes | yes |
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Multi-currency accounts | yes | yes | n/a | yes | yes | n/a | yes | yes | n/a | no | n/a | n/a |
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Mono-currency accounts | yes | no | yes | yes | n/a | yes | n/a | yes | yes | yes | yes | yes |
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SEPA Credit Transfer (SCT) | yes, incoming | yes | yes | yes | yes | yes | yes | yes, incoming only | yes | no | yes | n/a |
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SEPA Instant (EUR-3) | n/a | yes | yes | yes | no | yes | no | n/a | n/a | n/a | yes | n/a |
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Target2 (EUR-1) | yes, inbound | yes | no | n/a | no | no | no | n/a | n/a | n/a | n/a | n/a |
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SWIFT | yes | n/a | yes | yes | yes | n/a | yes | yes | yes | yes | n/a | n/a |
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Direct Debit (BACS, SEPA) | yes | n/a | yes | n/a | n/a | no | n/a | n/a | n/a | n/a | TBD | n/a |
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CHAPS (UK) | yes | n/a | yes | yes | yes | n/a | yes | n/a | n/a | no | no | n/a |
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Faster Payments (UK) | yes | n/a | yes | yes | yes | n/a | yes | yes | n/a | no | yes | n/a |
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BACS (UK), incoming only | yes | n/a | yes | no | no | n/a | no | n/a | n/a | no | no | n/a |
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ACH | n/a | n/a | no | n/a | yes | n/a | n/a | n/a | n/a | no | n/a | n/a |
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Fedwire | yes, inbound | n/a | n/a | yes | no | n/a | n/a | n/a | n/a | no | n/a | n/a |
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Intraday Payment (DKK) | n/a | n/a | n/a | n/a | no | n/a | n/a | n/a | n/a | yes | n/a | n/a |
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FX orders + rates | yes | no | no | yes | yes | n/a | no | no | n/a | no | n/a | n/a |
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Interledger | yes | yes | yes | yes | yes | n/a | yes | yes | yes | n/a | yes | n/a |
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Refunds (incoming, outgoing) | yes | yes | yes | yes | no | yes | no | no | n/a | no | yes | no |
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Bank transfer | yes | yes | yes | yes | yes | no | yes | yes | yes | yes | yes | yes |
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CoP | yes | n/a | no | yes | no | n/a | yes | n/a | n/a | no | TBD | no |
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Provider Dashboard | yes | no | no | yes | no | yes | yes | yes | yes | yes | yes | no |
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