Clear Junction

E-money or payment institution · London, United Kingdom

Clear Junction is a London electronic money institution authorised by the FCA under firm reference number 900684 and founded in 2016. It sells GBP and EUR accounts, named virtual IBANs and access to Faster Payments, Bacs, CHAPS, SEPA, SEPA Instant and SWIFT to other licensed financial institutions, and it states that it never opens accounts for individuals. For 2024 it reported revenue of EUR 17.0 million, total assets of EUR 201.0 million and client deposits of EUR 180.7 million held in segregated accounts. Since July 2025 it also moves USDC and USDT on Ethereum, Tron and BNB Smart Chain for approved clients through its onChain service. In February 2022 OFSI fined the company GBP 36,393.45 over payments sent in 2018 to accounts at a sanctioned Russian bank.

Legal name: Clear Junction Limited
Regulated by: FCA (UK), electronic money institution, FRN 900684, FCA (UK), MLRs cryptoasset registration for Clear Junction Digital Limited, FRN 900696
Licence confirmed: yes, on a regulator's own list
Established: 2016
Website: clearjunction.com

Scores, 0 to 10

8.5Fintech companies that need a partner bank

Banking other financial institutions is the whole business: correspondent and collection accounts, named virtual IBANs and UK and EU rail access for more than 400 banks, EMIs, payment firms and remittance companies. · source

8.0Crypto-friendly bank

Digital asset providers are one of five named client segments, named virtual IBANs were extended to VASP-licensed businesses in July 2025, and the group runs an FCA MLRs-registered cryptoasset entity, though unlicensed and offshore-licensed crypto firms are refused. · source

7.5On-ramp: buy crypto with fiat

Clear Junction gives licensed exchanges, brokers and wallet providers named collection and settlement accounts and virtual IBANs, and converts fiat into USDT or USDC for payouts; unlicensed and offshore crypto firms are refused. · source

7.5Off-ramp: crypto to fiat in a business account

It runs fiat off-ramp flows for regulated crypto firms and a stablecoin off-ramp for approved structures, with incoming USDT and USDC converted to GBP, EUR or USD; nested flows, mixers and opaque structures are excluded. · source

7.5Stablecoins (USDC, USDT and others)

Licensed clients send, receive and convert USDT and USDC on Ethereum, Tron and BNB Chain against GBP, EUR and USD, and in June 2026 Clear Junction Digital became a distribution partner for Agant's GBPA sterling stablecoin. · source

6.5United Kingdom

FCA-authorised electronic money institution (FRN 900684) with Faster Payments, Bacs and CHAPS access and its own BIC, but it serves only regulated institutions and states it never opens accounts for individuals. · source

6.0Europe (EU, EEA, Switzerland)

Offers EUR accounts on SEPA, SEPA Instant and T2 and keeps offices in Poland, Latvia and the Netherlands, but the group's licensed entities are both UK ones and it holds no EU authorisation. · source

6.0High-risk verticals (iGaming, cannabis, adult, forex)

The eligibility statement bars gambling, adult services, CBD and unlicensed forex or CFD businesses but allows online gambling operators licensed in 25 named European jurisdictions and established for more than three years on a risk-based approach. · source

5.5Cross-border payments, FX and multi-currency accounts

Holds and pays 15 fiat currencies with two-way SWIFT across 11 of them since April 2026, plus SEPA Instant, Faster Payments and instant internal settlement through CJ Clique, but publishes no FX margins. Multi-currency balances in 15 currencies with virtual IBAN issuing, API access and FX conversion between balances, but no cash pooling, no hedging and no host-to-host treasury workstation. · source

5.5Accept crypto payments

Its onChain product lets a client's customers pay in USDT or USDC and credits GBP, EUR or USD to the client balance after blacklist screening, but it is restricted to licensed institutions and has no merchant checkout. · source

5.0Crypto wallet and custody for a business

Clients get a Clear Junction wallet that can receive and hold USDT and USDC under the FCA MLRs cryptoasset registration of Clear Junction Digital Limited (FRN 900696), but only stablecoins are held and only licensed institutions are onboarded. · source

4.5Fast digital onboarding

There is no self-serve application: onboarding starts with a review of the applicant's licences and fund flows, then a joint design session, with sandbox access in days and production in weeks. · source

4.5Foreign-owned & non-resident companies

Clear Junction accepts companies from any jurisdiction not on the FATF, UN, OFAC or EU lists without a local presence requirement, but only licensed financial institutions qualify and shell companies, trusts and foundations are refused. · source

4.0Lowest fees

No price list is published anywhere on the site and clearjunction.com/pricing returns 404; commercial terms follow an eligibility review that ends in a written scope memo. · source

3.5Financial strength & stability

BDO-audited but unrated and small: EUR 7,486,870 of equity at the end of 2024, an operating loss of EUR 3,602,786 that year, and a pre-tax profit of EUR 1,037,752 that came only from interest on client money. · source

2.5Online businesses: e-commerce and SaaS

E-money accounts and virtual accounts are sold to UK marketplaces and BaaS platforms, but there is no acquiring, and merchants must be regulated firms because Clear Junction only contracts with financial institutions. Clear Junction serves banks, EMIs, PSPs and VASPs and its eligibility statement requires financial or regulated activity with appropriate licences, so a software company is not a target client. · source

2.5Customer satisfaction

Trustpilot shows 1.4 out of 5 from 89 reviews on an unclaimed profile, though the company states it never serves individuals, so those reviewers are customers of its clients rather than clients. · source

1.5Best interest on business balances

No yield or treasury sweep is offered on client balances; client funds sat as EUR 180.7 million of segregated deposits in 2024 while Clear Junction itself booked EUR 4,640,538 of investment income on them. · source

1.5Startups & VC-backed companies

Applicants conducting regulated activity must already hold the relevant licence or AML registration, shell companies are refused, and there is no venture debt, cap-table or founder product. · source

1.0Trade, manufacturing & import-export

The product list is accounts, virtual IBANs, payments, FX, CJ Clique and onChain, with no letters of credit, guarantees or supply-chain finance. · source

1.0Business cards (Visa, Mastercard)

The capabilities page lists rails, 15 fiat currencies and onChain settlement and no card issuing of any kind. · source

1.0Bitcoin

The onChain product supports only USDT and USDC, so there is no bitcoin buying, custody or transfer, checked September 2026. · source

1.0Ethereum

No ether is supported; Ethereum is used only as a network for USDT and USDC transfers, checked September 2026. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.