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Clear.Bank
Overview
Clear.Bank is an open banking API and compliance platform with headquarters in Bristol, UK. The service provider gives regulated and unregulated companies access to global banking via API. The service provider is integrated to deliver local and international transfers and instant payments.
Default currencies
The following currencies are supported by the service provider and can be set as default:
EUR
GBP
Only one default currency is allowed for payment processing.
Prerequisites
An active financial services license is required to implement the integration. Contact your manager for additional details.
Website
Products and services
The following table describes the services delivered by Clear.Bank.
Service name | Description | Execution details |
|---|---|---|
IBANs | 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. | Locations 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. | Transfer currencies It is possible to send SWIFT transfers in the following currencies:
Locations 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. | Transfer currencies It is possible to make faster payments in the following currency:
Locations Clear.Bank faster payments can be executed inside the following country:
|
Currency exchange | The functionality allows to exchange fiat currencies within client’s accounts by means of the service provider venues. | Exchanged currencies The following currencies can be exchanged:
Minimum amount for exchange
Cut-off times See the document provided by ClearBank: |