What we offer

Agency Banking

The Bank of London is a Directly Connected Settlement Participant (DCSP) of the UK Faster Payments and Bacs schemes, enabling seamless access for financial institutions.

Through our infrastructure, you can process UK payments efficiently and securely without building your own direct scheme connectivity. This gives you the speed, reliability, and reach of scheme participation, while reducing operational complexity and time to market.

What you get

Your own sort code

Operate with your own payment identity and branding, maintaining control over your customer experience.

Direct scheme access

Process Faster Payments and Bacs transactions under your sort code with full visibility into transaction flows and settlement.

Settlement at the Bank of England

We handle clearing and settlement on your behalf, providing you with real-time reporting and reconciliation.

Compliance and governance

We manage scheme membership obligations, rulebook
compliance, and regulatory reporting, reducing your
operational burden.

Ideal for:

Payment institutions and e-money firms requiring scheme access
Challenger banks and neobanks scaling payment operations
Financial institutions entering the UK market

How to use our payment infrastructure

Banking that serves business ambition

Instant on-ledger transfers

Move funds instantly between your Bank of London accounts at any time, with no external clearing required. Internal transfers settle immediately on our ledger, enabling real-time liquidity management across your account structure–ideal for treasury operations, reconciliation, and intra-company movements.

Indirect scheme access

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Access Faster Payments and Bacs through our indirect access model, without the need to become a direct scheme participant. Make and receive payments using our sort code and settlement infrastructure, while maintaining operational control over your payment flows.

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We manage scheme connectivity, settlement, liquidity requirements, and ongoing compliance, reducing the cost and complexity of direct participation while enabling reliable, scalable payment processing.

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Ideal for fintechs, payment institutions, and banks looking to launch or expand UK payment capabilities quickly.

Agency Banking sort code sponsored scheme access

Speed, control, and compliance. Whether you’re processing payments for your own operations or building payment products for your customers, our infrastructure gives you the foundation to move fast, stay compliant, and scale with confidence.

Peace of mind with FSCS protection

The Financial Services Compensation Scheme (FSCS) is the United Kingdom’s independent deposit guarantee scheme, and it protects eligible deposits with authorised banks, like ours.

Download the factsheet