ClearBank operates under a full UK banking licence and is directly regulated by the Prudential Regulation Authority and the Financial Conduct Authority. Its technology platform supports real-time payments, multi-currency clearing, and account services, with resilience and security built into every layer. Clients rely on ClearBank’s specialist banking expertise and the operational excellence of all its teams across engineering, operations, risk, and compliance. The bank maintains robust governance and risk management frameworks aligned with regulatory expectations in all jurisdictions in which it operates.
Last year, ClearBank further strengthened its market position by adding 15 new European markets through licence passporting. The bank also expanded its addressable market in the UK by entering a broader corporate segment, including financial institutions and corporates, with its signature products and services. This will help ClearBank to continue leveraging its cloud-native, intelligent, and resilient banking and payments infrastructure.