EUR to EUR payment

• SEPA instant: Payment between accounts in EUR and amount <=100.000€
• SEPA: Payment between accounts in EUR and amount >100.000 €

GBP to GBP payment

• UK Faster Payment: Payment between accounts in GBP and amount <=1.000.000 GPB
• CHAPS: Payment between accounts in GBP and amount >1.000.000 GPB
• BACS: Payments from GBP to GBP account in the UK with an amount < 250000.00£

FX

• SWIFT

Interledger

Each BaaS has a different condition for the inter-ledger payment to be applied:

• Railsr: both sender and beneficiary accounts belong to the same partner product.
• Clearbank:
  • Both sender and beneficiary accounts are Clearbank GBP accounts.
    Both sender and beneficiary accounts are Clearbank MCCY accounts and have the same currency.
• Modulr: both sender and beneficiary accounts belong to Modulr and have the same currency.
• EML:
  • In general, both sender and beneficiary accounts belong to the same EML customer.
  • In the case of card-to-card payment, both sender and beneficiary accounts belong to the same cardholder.
• Currencycloud: payments between sub-account (client account) and house account (customer account).

Payment schemes per BaaS