Multi-currency and FX
Hold and convert money across every major currency
Hold 11 currencies on one IBAN. Execute FX in real time via API. Eligible balances FSCS- or DGS-protected.
One IBAN, every major currency
Hold multiple currencies on one IBAN. Real bank accounts, not wallets.
Real‑time FX at market rates
Execute FX in real time with streaming or firm quote pricing.
Balances protected by regulation
Bank‑grade deposit protection for eligible balances in every currency.
Add currencies without complexity
Enable additional currencies through a single banking partner.
Everything you need to hold and convert money
Hold balances in multiple currencies. Convert when and how you need to from the same account.
Bank-grade protection across every currency.
ClearBank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. ClearBank Europe N.V. is authorised by the European Central Bank and supervised by De Nederlandsche Bank.
Trusted at scale
Currencies supported
on a single IBAN
Currency pairs
real-time FX execution
Straight-through processing
2026 platform average
FAQs
ClearBank supports 11 foreign currencies alongside GBP: USD, EUR, CAD, CHF, DKK, NOK, SEK, PLN, CZK, HUF and RON. FX execution is available across 64 currency pairs. Additional currencies, including select APAC and emerging market currencies, are planned as the service expands.
Yes. A single multi-currency IBAN at ClearBank holds balances in all enabled currencies simultaneously. Internally, ClearBank’s ledger tracks a distinct balance per currency. You can receive and send payments in any of them through the same IBAN — no need to open a separate account per currency.
FX is executed via the same API used for accounts and payments. Two modes are available: Request for Stream (RFS) for continuous live prices and immediate execution, and Request for Quote (RFQ) for a firm rate held for up to 45 seconds. Converted funds credit your multi-currency account immediately on execution.
RFS streams continuous live prices for instant, system-driven execution at the prevailing market rate — ideal for automated, high-volume conversion flows. RFQ provides a firm quote held for up to 45 seconds, so you can show your customer a known rate to accept or decline. Both modes use the same underlying liquidity.
Yes. Eligible multi-currency balances at ClearBank are deposit-protected by the FSCS up to £120,000 per depositor in the UK, or by national Deposit Guarantee Schemes up to €100,000 per depositor in Europe — in any supported currency. This applies because ClearBank holds funds as a regulated bank, not as an e-money issuer.
Yes. Virtual IBANs can be assigned per customer or sub-account on multi-currency accounts. Each vIBAN can receive and send payments in any of the 11 supported currencies, all linked to one underlying real multi-currency account for centralised liquidity and simpler reconciliation.
FX trades execute immediately on confirmation, with converted funds credited instantly to your target-currency balance. Standard value-dating options include T+0 (same day), T+1 (next day), and T+2 (spot), depending on the currency pair and use case.
