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Clear Junction Expands SWIFT Connectivity For Multi-Currency Accounts And Global Payouts

  • Writer: Kelsie Papenhausen
    Kelsie Papenhausen
  • 1 hour ago
  • 2 min read

New capabilities enable financial institutions to manage international SWIFT funding and EU/UK domestic payouts through a single provider


London, UK. 1st April 2026: Clear Junction, the global provider of cross-border payments and banking services infrastructure for licensed financial institutions, has expanded its multi-currency SWIFT service with named client accounts, outbound SWIFT payments, and integrated foreign exchange (FX) conversion. 


The enhanced service enables regulated financial institutions to manage international funding and EU/UK domestic payouts through a single provider, simplifying settlement operations across global remittance corridors.


The update builds on Clear Junction’s initial multi-currency SWIFT launch in November 2025. While the original service supported incoming SWIFT payments only, the latest release introduces full two-way SWIFT connectivity across 11 currencies, alongside named accounts and integrated FX services.


Financial institutions can now prefund accounts from international banking partners and send outbound SWIFT payments to jurisdictions outside the UK and EU to support payout obligations across global corridors.


Clear Junction already supports banks, fintechs and remittance providers with domestic payment connectivity across the UK and Europe, including SEPA and the UK’s Faster Payments. By expanding SWIFT capabilities alongside these rails, clients can now manage both international funding and domestic payouts within a single infrastructure provider.


Previously, many firms relied on separate partners for EU and UK domestic payment rails and international SWIFT transfers. Consolidating these flows within a single provider helps streamline treasury management, simplify reconciliation, and reduce operational complexity.


Demand for the expanded service has been particularly strong among financial institutions in Asia, especially Singapore and Hong Kong, where firms frequently fund into Europe or the UK via SWIFT before distributing payouts through SEPA or Faster Payments. Managing both steps within Clear Junction’s infrastructure reduces settlement times and simplifies reconciliation for both P2P and B2B remittance flows.


The introduction of named accounts also supports institutions working with card acquiring partners, where settlement frameworks often require funds to be transferred into accounts held in the institution’s own name. This structure helps improve transparency while simplifying treasury management and reconciliation processes.


Nina Papazyan, Chief Product and Banking Relationships Officer at Clear Junction, commented: “Many financial institutions still have to stitch together multiple partners to manage cross-border funding and domestic payouts, which adds operational complexity and slows settlement across key remittance corridors.


“By combining multi-currency SWIFT connectivity with domestic rails like SEPA and Faster Payments, we’re enabling clients to manage these flows within a single infrastructure. This gives institutions greater visibility over their funds, simplifies reconciliation and treasury management, and ultimately makes it easier to support faster, more reliable payouts for their customers.


Clear Junction provides regulated financial institutions with compliant access to accounts, payment networks, FX services and digital asset infrastructure through a single API integration. By bringing SWIFT connectivity with domestic payment rails such as SEPA and Faster Payments, the company enables clients to streamline settlement operations and support global payout flows.


For more information, visit: https://clearjunction.com/

 
 
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