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 exposed to balance sheet risk. 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’re directly connected to UK payment schemes, so you can access real-time payment capability through a single modern API. That means faster settlement, stronger cash flow control, and the ability to build seamless payment experiences for your customers.

Because we’ve already done the heavy lifting on infrastructure and scheme integration, you can launch new payment capabilities in days, not months — reducing complexity, accelerating time to market, and giving you the confidence to scale.

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Internal Transfer

Move funds instantly between your Bank of London accounts at any time, with no external clearing required.

Send and receive up to £1m per transaction in near real-time 24/7/365, supporting immediate, standing-order and future-data payments.

Process Direct Debit and Direct Credit payments up to £20m via Bacs, with funds settling on a 3-working-day cycle (Monday to Friday).

Send and receive unlimited value transactions in near real-time with same-working day settlement.

International – Coming soon

Send and receive unlimited‑value international payments from your GBP accounts to GBP, EUR, or USD beneficiaries worldwide with same‑day settlement.

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