ClearBank is a new clearing bank founded by WorldPay founder Neil Ogden. It is the first new clearing bank opened in the UK in 250 years. It is a ‘bank for banks’ and offers no services to the public. Instead, ClearBank focuses on delivering payment processing and banking services to financial companies including banks, building societies, challenger banks and financial start-ups.
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Binance use them. My deposit never made it. It's nearly a month later...
Should be ashamed thanks to your company I got scammed out of £1200 I hope you can sleep at night
Shocking!! How are they FCA regulated!! I’m opening a complain with FCS they took my funds due to it being sent to one of their customers account in error and they simply don’t want to return my money going against faster payments rules legal action is the only way as they don’t even answer phone calls what a dodgy bank!
On 10th October 2018, I transferred funds (£20,000) to a digital company calling itself DTX Markets. The transfer account was set up by ClearBank Limited, who should have carried out checks for money laundering and other such fraudulent activities. The digital company, DTX Markets, turned out to be a scam. When I complained to ClearBank, the Ombudsman, Mr Steven To, wrote to me in an email on 12th July, 2021, stating that before January 2019, they haven't been able to consider complaints brought by consumers against the receiving payment service provider bank. A key consideration is in deciding whether or not a complainant under the Dispute Resolution Rules has a certain relationship with the business being complained about. Before 31st January 2019, ClearBank argues, there was a lack of relationship between the consumer (ie me) and the receiving payment service provider, (ie ClearBank), because I did not have a prior existing bank account with them. This is a wholly unfair way of twisting the law to suit their convenience. As we all know, when we open bank accounts, our credentials are thoroughly checked. What checks did ClearBank carry out on the accounts that the merchant, DTX Markets, opened in their bank? I would like to point out that these accounts received very large sums of money from many unsuspecting people. Surely anti-money laundering considerations should have come into play? The flimsy argument of the law changing on January 2019 beggars belief. All the banks that I have registered with before January 2019 have carried out strict money laundering checks. I believe this response from Mr Steven To, the Ombudsman of ClearBank, is a scandalous avoidance of the bank's responsibility to all its customers, particularly transitory customers, relying on the honesty of the banking community.
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On this page, you can see a detailed review of Clear.bank Banks with reviews from real users and our experts. Clear.bank provides the following services: API integration, Bank Account Openings, Segregated Accounts, Wire Transfer Acceptance, Faster payments, CHAPS, ACH.
At the moment, Clear.bank rating on Finscanner is 3.4 and on Trustpilot is 2.5.