Clear Junction Reviews?

[Blackcrypto]

Hello,

Does anyone here have experience or use "Clear Junction"? I want to move to this EMI because i'm really tired of the EMI that i use right now.

What about their compliance is it strict and difficult like other EMIs?

Thanks

 

[Fred]

Clear Junction is B2B only they provide banking infrastructure for Exchanges, OTC Desk etc. similar like InCore Bank, Signature and Silvergate Bank.

 

[Blackcrypto]

Clear Junction is B2B only they provide banking infrastructure for Exchanges, OTC Desk etc. similar like InCore Bank, Signature and Silvergate Bank.

Thank for the information
we a company OTC desk, we buy and sell crypto
Please do you have any experience with this EMI? are they good? what about compliance? will they ask for every transfer?

 

[ImKing]

Kraken use Clear Junction - I tested them for the first time yesterday a Sunday. Made a withdrawal to see how fast it get's into my account, it was there after 15 minutes!

I have not experienced this with any other EMI or Bank ever!

 

[Sols]

Kraken use Clear Junction - I tested them for the first time yesterday a Sunday. Made a withdrawal to see how fast it get's into my account, it was there after 15 minutes!

I have not experienced this with any other EMI or Bank ever!

That's SEPA Instant. Your transaction was either released automatically or released quickly manually and if it was under 100,000 EUR, it was probably processed as a SEPA Instant payment. Lots of banks and EMIs have it but transactions get held for manual review so you don't always see it in action.

 

[JohnLocke]

I was always wondering why kraken had all these banking options but was to lazy to try them all. I will have to test clear junction, we are always waiting about 12 hours to get the payment from kraken.

 

[Marshal]

we are always waiting about 12 hours to get the payment from kraken.

Payments to/from Clear Junction are almost instant. Delays only if you use their bank in Liechtenstein.

 

[JohnLocke]

Payments to/from Clear Junction are almost instant. Delays only if you use their bank in Liechtenstein.

Yes, I had a chance to try this method today, it was in the account within 5 minutes. Impressive considering the regular SEPA transfer.

 

[csp dubai]

yes but they are very pian in the axx for compliance

 

[Clearsky Network]

Thank for the information
we a company OTC desk, we buy and sell crypto
Please do you have any experience with this EMI? are they good? what about compliance? will they ask for every transfer?

You can. Clear Junction is by far the best and cheapest solution you can get.
Keep in mind that onboarding process is very very long, your MLRO will be interviewed several times and if the person is not experienced enough most probably you will waste your time.

 

[vehzag]

You can. Clear Junction is by far the best and cheapest solution you can get.
Keep in mind that onboarding process is very very long, your MLRO will be interviewed several times and if the person is not experienced enough most probably you will waste your time.

Is this only for companies?

 

[Clearsky Network]

Is this only for companies?

yes, and usually licensed financial institutions or well establish companies from low/medium risk industries