Cutting delays out of payment clearing
Banking Circle provides local payment clearing across the UK and Europe. Due to Banking Circle’s €15bn daily FX liquidity pool, merchants are able to receive funds within minutes of clearing, rather than having to work to conventional banking timescales.
Unnecessary delays to funds clearing have knock-on effects to a business, jeopardising partnerships and the customer relationship. In a world where reputation is key, businesses can’t afford to have slow payments hold them back.
Payment methods accepted by Banking Circle are CHAPS, BACS and Faster Payments.