About the Connector
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The ClearBank connector enables Mambu customers to connect to UK clearing schemes like FPS, CHAPS, BACS. The connector enable banks to:
- Create UK IBANs for customer accounts and link the account to Mambu Accounts,
- Process customer-initiated outgoing payments via FPS and CHAPS payment schemes (disbursements),
- Process the incoming FPS and CHAPS payment schemes (repayments).