Clearshift

Clearshift is a provider of international payments and currency exchange for companies, educational institutions, non-profit organisations and private clients. Its European activity runs through Clearshift, UAB, a Lithuanian electronic money institution.

Licensing

According to the Bank of Lithuania, Clearshift, UAB holds EMI licence number 65. The licence is listed among the institutions the central bank publishes as authorised, which is the relevant reference for clients in the European Economic Area.

How the service works

The service shows the currency conversion and the fee before a payment is sent, so the sender can see the cost in advance instead of discovering it afterwards. The company gives USD and ILS among its example currencies, and its focus is on cross-border transfers and foreign exchange rather than on everyday local accounts.

Who it suits

The offer is relevant for businesses paying suppliers abroad, schools and universities collecting or sending tuition, and charities moving funds internationally, as well as for individuals. Corridors, payout methods, limits and the exact fee scale are not described in the profile, so clients should request them for their specific currency pair and volume.