Remittance
Sending cross-border payments can often be complex. Our platform is designed to minimise the operational and financial challenges of launching and scaling remittance fintechs, as well as supporting more mature businesses.
Our collection accounts enable remittance companies to hold a monetary balance with Clear Junction, and we can provide access to Faster Payments, SEPA and SEPA Instant. By partnering with Clear Junction, remittance and online money transfer companies can receive funds and send them to recipients around the world.
Remittances. Made possible by Clear Junction.
Challenges
Possibilities
At Clear Junction we understand the difficulty faced by remittance companies in establishing accounts. We are able to help and service remittance companies.
Clear Junction provides a transparent fee structure, which gives remittance companies full visibility of their fees they will incur on making cross border payments, unlike the traditional methods when you do not understand the fees until the transaction has been received.
By working with Clear Junction, you can manage your exchange rates and gain access to FPS and SEPA Instant to provide real-time transitions, enabling you to offer competitive rates.
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