FuturePay Global Limited, a Hong Kong-based Money Service Operator, has selected ClearBank, the enabler of real-time clearing and embedded banking, to provide its enterprise clients with access to local GBP and EUR collections and clearing across both the UK and Europe.

FuturePay is now connected to ClearBank’s regulated banking infrastructure in both regions, enabling the provision of local GBP and EUR collection accounts, virtual IBANs, and direct access to payment schemes including Faster Payments and SEPA Instant. Delivered via API connectivity, this allows FuturePay to embed these capabilities directly into its platform and offer a seamless payment experience to its clients. 

Through GB and NL IBANs and related local account capabilities, businesses can collect funds in GBP and EUR while benefiting from faster settlement, greater transparency, and clearer reconciliation. This gives FuturePay’s enterprise clients the ability to transact locally in Europe, improving payment visibility and operational efficiency, while reducing reliance on correspondent banking models and cross-border wire transfers.

As the first Hong Kong-based client live across both ClearBank UK and ClearBank Europe, FuturePay reflects growing demand from Asia-based payment providers for direct access to regulated banking infrastructure in the UK and Europe. It also reflects a broader shift among global payment providers towards direct relationships with regulated banks, enabling closer access to payment schemes and central bank infrastructure.