Use cases

With WhiteRock, you can offer full business banking services to your clients. This allows you to open dedicated client accounts, automate reconciliations, and ensure full compliance — all while earning revenue share on all payments.

Streamlined client money management

1. Dedicated client IBANs for easy segregation
   Keep each client’s funds separate to maintain clarity and simplify reporting
2. Automated reconciliation and reporting
   Reduce manual effort and streamline operations by integrating WhiteRock’s secure payment rails into your firm’s practice management software
3. Seamless cross-border transfers
   Offer multi-currency accounts and payments, including FPS, SEPA, and SWIFT
4. Stronger compliance and reduced manual errors
   WhiteRock handles all regulatory and operational requirements, from KYC/KYB to ongoing compliance and client support

Fintech startups and scale-ups use WhiteRock’s platform to launch financial products faster, from digital wallets to payment processing. WhiteRock cuts through the inefficiency of traditional banks, enabling you to launch as a full-stack banking provider with ease. You can operate under WhiteRock’s compliant infrastructure while awaiting your own licensing, saving up to £250k and valuable time.

Embed financial services at scale

1. API-first embedded banking
   Integrate financial services directly into your platform with simple APIs
2. Launch products quickly
   Go live with a fully branded online banking app in as little as 10 minutes. You can also deploy a branded corporate credit card program in just 4–6 hours.
3. Global payments and accounts
   Offer multi-currency accounts and facilitate instant local and global payments (Faster Payments, SEPA, SWIFT)
4. Regulatory and compliance support
   WhiteRock handles all Know Your Customer (KYC) and Know Your Business (KYB) checks, AML, and ongoing compliance on your behalf

Payroll companies can deliver on-time, cross-border salary payments with ease. WhiteRock’s bulk payout engine can process up to 3,000 Faster Payments per minute, reducing rejection rates and improving transaction validation. This ensures employees get paid quickly, every time.

Faster, reliable salary payouts

1. Low failure/reject rates thanks to validation
   WhiteRock’s automated checks help avoid payment errors
2. Supports multi-currency salary disbursements
   Pay employees in their local currencies without hassle
3. Automated, scalable batch payments
   Process thousands of payments in a single workflow efficiently
4. Improved transparency for compliance
   WhiteRock handles all KYC, KYB, AML, and monitoring, so you can focus on your core business

Law firms handling client money can use WhiteRock to create segregated client accounts, automate settlements, and manage funds securely under strict compliance rules. Simplify client money management without relying on multiple banking partners.

Client trust accounts made simple

1. Dedicated client accounts and IBANs
   Keep each client’s funds completely separate for security and clarity. WhiteRock can also act as a trusted intermediary for high-value transactions by securely holding funds until all legal obligations are met.
2. Automated settlements and disbursements
   Simplify the disbursement of litigation settlements to numerous parties with a single, automated workflow
3. Reduced operational overhead
   Streamline processes so staff can focus on client services. WhiteRock’s platform is a one-click setup that requires no IT resources and is fully compliant with FCA regulations.
4. New revenue streams from fintech referrals
   Earn a share of revenue by referring your fintech clients to WhiteRock, helping them overcome hurdles and launch swiftly.