Clear.Bank is an open banking API and compliance platform with headquarters in Bristol, UK. The service provider is integrated to deliver local and international transfers and instant payments.
The following currencies are supported by the service provider and can be set as default:
Only one default currency is allowed for payment processing.
An active financial services license is required to implement the integration. Contact your manager for additional details.
Products and services
The following table describes the services delivered by Clear.Bank.
The provider delivers a service of account opening. An IBAN identifies the account of a customer at a financial institution and allows to send cross-border transfers.
Clear.Bank accounts can be opened for citizens of the following countries:
International transfers (SWIFT)
SWIFT transfers allow the end user to send and receive international payments in multiple currencies outside the EU.
It is possible to send SWIFT transfers in the following currencies:
The functionality supports transfers to all countries included into the SWIFT network.
Faster Payments, CHAPS, BACS
Instant (24/7) interbank transfers that can be filled within one business day.
It is possible to make faster payments in the following currency:
Clear.Bank faster payments can be executed inside the following country:
The functionality allows to exchange fiat currencies within client’s accounts by means of the service provider venues. Clear.Bank configuration includes internal built-in limits, see the Currency exchange limits section for details.
The following currencies can be exchanged:
Minimum amount for exchange
See the document provided by Clear.Bank:
Currency exchange limits
The following limits are applied to fiat exchange processed by Clear.Bank.