Eligibility Criteria:

Any Financial Institution applying for banking services must confirm:

  • That it is a financial Institution domiciled and regulated in the EEA or Switzerland and authorised to offer financial services within the UK,
  • That it is not a micro-enterprise as defined by the FCA,
  • That it is a formally incorporated entity, and
  • That no member of the Board of Directors are currently or have previously been disqualified.

We will assess during the application process whether you meet the ClearBank® eligibility criteria.

ClearBank® is committed to increasing access to financial services and as such will process applications from Financial Institutions not yet regulated by the FCA, but in the process of obtaining the appropriate FCA Authorisation.