What we offer

Payments, Clearing and Settlement

At the Bank of London, your deposits are kept 100% at the Bank of England – never leveraged, never risked. That means your funds remain fully protected at all times. Coupled with our real-time payment's capability, we deliver the rare combination of central bank security and instant transaction speed, so your business can move money with absolute confidence.

We’ve done the hard work of integrating directly with the UK’s payment schemes – so you don’t have to. As a next-generation bank built on cloud-native technology, you can connect with us through a single, modern API.

The result? You can launch real-time payments and scale your business in days, not months. We’re revolutionising how businesses integrate with banking services – making it faster, simpler, and smarter to build with us.

Connected.

Internal Transfer

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.

Clear up to £1m per transaction in real-time with instant payments 24/7/365, supporting immediate or forward-dated payments via Online Banking or Payments API.

Clear up to £20m in Direct Debit and Direct Credit transactions, with a 3-day settlement Monday to Friday, initiated via Payments API or online banking.

International

Whether you’re paying international suppliers, receiving foreign revenue, or managing multi-currency operations, our correspondent banking relationships provide reliable routing and competitive FX rates. Initiate via Online Banking or API with full transparency on fees and settlement times.

Clear high-value transactions in real-time with same-day settlement, Monday to Friday. Ideal for property transactions, large supplier payments, and urgent settlements where speed and certainty are critical. Initiate via Online Banking or Payments API.

How to use our payment infrastructure

Banking that serves business ambition

Use our rails directly

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.

Sponsor your own sort code (Agency Banking)

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As a Directly Connected Settling Participant (DCSP) in Faster Payments and Bacs, we can sponsor sort codes for regulated financial institutions. This allows you to operate with your own payment identity, full visibility into transaction flows, and direct settlement capability, while we handle scheme membership, compliance, and operational infrastructure.

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Ideal for payment institutions, e-money firms, and banks looking to control their payment experience without the cost and complexity of becoming a direct scheme member.

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Why it matters

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.

Confirmation of Payee

With Confirmation of Payee, we verify account names before payments, reducing errors and ensuring funds reach and come from the correct account.

Safe and Secure

At the Bank of London, your deposits are kept 100% at the Bank of England. That means your funds remain fully protected at all times.

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