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Clear Junction
Overview
Clear Junction is an open banking API and compliance platform with headquarters in London, UK. The service provider gives regulated and un-regulated companies access to global banking via API. The service provider is integrated to deliver local and SEPA transfers, account opening, and instant payments.
Default currencies
The following currencies are supported by the service provider and can be set as default:
EUR
Only one default currency is allowed for payment processing.
Supported regions
Companies from the following regions can integrate:
EU (European Union)
EEA (European Economic Area)
Other countries not included into international sanctioned lists
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 Junction.
Service name | Description | Execution details |
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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. | Account currencies It is possible to open an account in the following currencies:
Locations Clear Junction accounts can be opened for citizens of the following countries:
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SEPA transfers | SEPA (Single Euro Payments Area) transfers allow to send and receive payments in EUR within the eurozone. | Transfer currencies It is possible to send SEPA transfers in the following currencies:
Locations Clear Junction transfers can be sent to the following countries:
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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 Junction faster payments can be executed inside the following country:
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