Accounts made possible

Clear Junction offers a wide range of account solutions tailored to your business needs. Our solutions simplify money transfers, enhance treasury operations, and cut costs, covering everything from day-to-day transactions to secure escrow services for safer deals. We help you reach new markets and boost your customer services efficiently.

Get in touch

Correspondent Account:

Clear Junction correspondent accounts are the cornerstone of our client offering and are designed for use by regulated financial institutions. The main purpose of a correspondent account is to enable businesses to efficiently manage incoming transactions from their customers.

Our correspondent accounts can maintain balances in multiple currencies, and access to them is supported through our API or online banking portal.

Corporate Account:

Clear Junction’s corporate accounts streamline everyday business transactions, ideal for companies making regular administrative payments. They connect to various payment systems like BACS, CHAPS, Faster Payments, and SEPA for hassle-free daily operations, including rent, supplies, and salaries. Using our corporate account may also open doors to other specialised account benefits.

Collection Account:

The main purpose of a Clear Junction collection account is to collect customers’ receivables. This type of account is specifically designed for regulated companies, including digital currency exchanges.

Collection accounts work in conjunction with virtual accounts to streamline the process of making payments to multiple customers.

Escrow Account:

Clear Junction’s escrow account service provides a secure and transparent method for handling transactions in crypto trading by acting as a trusted third party. The service connects parties through a technical system and uses advanced APIs for the fiat part of transactions, ensuring secure processing. It verifies crypto transactions against the seller’s wallet data before releasing funds, guaranteeing transparency and security for all involved. Finery Markets successfully implemented this approach, enhancing peer-to-peer trading with secure, transparent, and efficient settlement solutions. Escrow accounts can only be supplied in conjunction with our Corporate or Collection accounts.

Why Clear Junction?

Access

Our products, services and solutions can be easily accessed by financial institutions and other businesses to help them expand internationally.

Compliance

Our solutions are underpinned by continuous risk management processes and a safe and secure delivery methodology which is tailored to your needs.

 

Expertise

Our team is composed of fintech experts with years of experience. We understand the challenges financial institutions face and how best to overcome them.

 

Speed

Our correspondent accounts and other solutions can all be accessed and utilised quickly through an API integration or our online platform.

 

Value

Our fee structure is competitive and designed to be flexible, so you can add more solutions as and when you require them.

 

Service

Our business has dedicated client management and relationship teams to handle any queries and ensure that our solutions are maximising potential.

 

Get started

Accounts will get you started

Unsure what type of account is best for your business? We offer a range of solutions tailored to your business needs.
Get in touch
Related Posts