How our API works
ClearBank® offers banking services to financial service providers, FCA-regulated businesses and Fintech.
ClearBank® is the UK’s first new clearing bank in more than 250 years, bringing open competition and transparency to the UK market. It is the first modern clearing bank in the UK to design its entire IT systems as a green field project.
This unique approach has enabled ClearBank® to build systems free from legacy constraints with technology that transforms the banking experience, making transactions faster, more efficient and more cost effective for everyone.
ClearBank® is built on a state-of-the-art platform specifically designed to deliver clearing services. It is connected to all UK payment schemes and was designed in accordance with ISO 20022. Free from the limitations of years of legacy IT infrastructure, we will transform the agency banking experience.
Communications are carried out as JSON** documents which will typically contain one property or more. The primary property (and in many cases the only property) is a serialised ISO 20022 XML message. This ISO 20022 message will be represented within the JSON document as a base 64 encoded string.
Some end points that ClearBank® provides may contain additional properties. An API message structure is pictured above.
The ClearBank® platform was designed and built in accordance with ISO 20022, and is based around technology which offers: