Multi-currency payment infrastructure for financial institutions
Manage named multi-currency accounts, inbound and outbound SWIFT payments, FX conversion and access to GBP and EUR local payment rails. Clear Junction gives financial institutions a way to manage funding, treasury movements and reconciliation through one infrastructure relationship.
11 currencies
GBP and EUR local payment rails
What multi-currency payment infrastructure does Clear Junction provide?
Clear Junction provides financial institutions with named accounts across 11 currencies, inbound and outbound SWIFT payments, FX conversion, and GBP and EUR local payment rails. The infrastructure supports prefunding, currency conversion, settlement, reporting and reconciliation, with structures and flows confirmed during onboarding.
Keep international settlement connected
Financial institutions often manage international funding through separate account providers, FX arrangements and domestic payment connections. This creates hand-offs for treasury, operations and reconciliation teams, with data and balances spread across systems.
Clear Junction connects the main stages of a multi-currency flow. Funds can arrive by SWIFT into a named account, remain in the received currency, be converted where required, and move according to approved GBP or EUR payout routes. Account attribution and reporting help teams understand the sender, conversion history and subsequent movement, giving treasury and operations a coherent view of international settlement activity.
Core capabilities
Named multi-currency accounts
Hold supported currencies in an account issued in your institution’s name, subject to eligibility and the approved use case. Named details support funding and settlement arrangements requiring account ownership.
Inbound and outbound SWIFT
Receive international funding and initiate approved corporate payments across 11 supported currencies. Each currency and flow is confirmed in the service configuration.
FX conversion
Convert supported balances for management, settlement or onward movement into GBP, EUR or another available currency. Available pairs and execution channels depend on the agreed setup.
GBP and EUR rails
Connect approved GBP payments through Faster Payments, Bacs and CHAPS, and EUR payments through SEPA and SEPA Instant. T2 supports large-value euro settlement, including cross-border payments, where available under the approved service configuration.
Virtual IBAN structures
Use virtual IBANs through separate GBP and EUR collection account structures to identify incoming payments, support payment allocation and simplify reconciliation.
Access and reporting
Manage payments and view transactions and balance information through API and portal services.
Connected settlement options
Use CJ Clique when both counterparties hold Clear Junction accounts. Eligible clients can discuss onChain capabilities for stablecoin and fiat flows following a separate review.
Currencies and settlement routes
Named multi-currency accounts
11 currencies
Available for every currency listed, subject to the approved use case and service configuration:
GBP and EUR local payment rails
Onward settlement
T2 supports large-value euro settlement, including cross-border payments, where available under the approved service configuration.
Virtual IBANs are available through separate GBP and EUR collection account structures.
Currency availability, account structures and payment routes depend on client eligibility, the approved use case and onboarding review.
How SWIFT, FX and local rails connect
Receive
An approved sender transfers funds by SWIFT to the institution’s named multi-currency account.
Identify
Account and payment information support attribution to the institution and transaction.
Convert
The institution converts part of the balance where another settlement currency is required.
Route
Funds move through an approved GBP or EUR domestic rail, or continue by SWIFT.
Reconcile
Transaction data, balance visibility and reporting support treasury and operational records.
Use cases for financial institutions
PSPs and EMIs
Prefund payment operations in supported currencies, convert balances and route approved GBP or EUR payments through domestic rails. Named accounts give treasury and operations teams a clear structure for settlement, balance management, liquidity planning, funding control and reporting.
Remittance firms and FX providers
Receive funds from international banking partners, manage currency positions and fund payout activity in the UK and EEA. One infrastructure relationship can connect SWIFT receipts, FX conversion, local settlement and reconciliation across selected corridors.
Acquirers and payment facilitators
Use named account details for eligible settlement arrangements requiring clear account ownership. Convert received funds and route balances to approved destinations with supporting payment data.
Banks and other financial institutions
Add multi-currency SWIFT and GBP or EUR payment capabilities to selected products, corridors or treasury workflows through available API and portal access. Account structures are configured around the approved corporate flow.
Operational control and reconciliation
Named multi-currency accounts provide financial institutions with clear ownership of supported currency balances. Separately, GBP and EUR virtual IBANs support payment collection and reconciliation within approved account structures. Where both services are used, institutions can manage collections, currency conversion and onward settlement, with transaction data and reporting supporting visibility across the payment flow.
API and portal access depend on the service configuration. The operating model, data fields, permissions and reporting outputs are agreed during implementation. Each client receives a defined process for payment initiation, approval, oversight and exception handling, supporting treasury records and audit requirements across finance and operations.
Eligibility and onboarding
The service is designed for financial institutions and other eligible businesses. Onboarding considers the applicant’s business model, licences, jurisdictions, counterparties, customer and corporate flow types, source and destination of funds, and intended settlement routes. Currency access, account structures, payment methods and FX capabilities are approved for the specific use case. Digital asset and onChain services follow an additional eligibility, asset, network and risk review and approval process.
Infrastructure in practice
Clear Junction expanded its multi-currency SWIFT service in April 2026 to include named client accounts, outbound payments and integrated FX across 11 currencies. Flutterwave uses GBP and EUR virtual IBANs and local payment rails and Coins.ph uses named virtual IBANs and European payment routes for approved remittance flows. These examples show how account structures, payment rails and reconciliation support distinct institutional use cases.
Frequently asked questions
What is multi-currency payment infrastructure?
It is the account, payment, FX and reporting layer used to receive, hold, convert and settle funds in several currencies. For financial institutions, it can connect international SWIFT movements with domestic payment rails and provide clear ownership, transaction attribution and reconciliation.
Which currencies does Clear Junction support for multi-currency SWIFT?
The current service covers CAD, CHF, CZK, DKK, EUR, HUF, NOK, PLN, RON, SEK and USD. Inbound and outbound SWIFT, named account availability and FX access are subject to the approved use case, onboarding outcome and service configuration.
Who can use Clear Junction’s multi-currency capability?
Clear Junction serves financial institutions and eligible businesses, including PSPs, EMIs, remittance firms, FX providers, acquirers and banks. Availability is assessed against the business model, licences, jurisdictions, counterparties, proposed flow of funds and settlement routes.
Can digital asset firms use this infrastructure?
Eligible digital asset firms can be considered for relevant fiat account, payment and onChain capabilities. Approval depends on licensing, jurisdictions, counterparties, supported assets and networks, customer flow, settlement design and Clear Junction’s onboarding review.
Discuss your multi-currency requirements
Tell us which currencies, counterparties and routes you need. Our team will assess the flow and explain the named account, SWIFT, FX and GBP or EUR rail options for your approved use case.