Cyprus · Payments & e-money
Intraclear Limited
Intraclear Limited is a private limited company incorporated in Cyprus in October 2018, with its head office in Agios Tychonas, Limassol. The Central Bank of Cyprus (CBC) authorises it as a payment institution under licence number 115.1.2.35. The firm states that it is a principal member of Visa and Mastercard and a participant in SEPA, SEPA Instant and Swift. It offers business payment accounts, card acquiring and a payment gateway to companies in Cyprus and the EEA.
Licences and registrations
Held by Intraclear Limited (LEI 984500F776NEBD7D6538). 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| EBA PSD2 RegisterCentral Bank of CyprusLinked by LEI. Matched by Elucidate to GLEIF on name, country and address. | Payment institutionPayment Institution | 115.1.2.35 | Cyprus | Active | 2022-02-10 | — |
|
Search the register ↗ |
- Licences belong to the legal entity, not to a BIC.
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
- The register entries and their trading names were not matched against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- ITRACY2LXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under ITRACY2L directly.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- SCT · SCT Inst · VOP · TIPS
- Branch codes
- 1 branch code
- BIC first registered
- 2023-01-21
- Last updated
- 2025-02-08
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Employees
Not published
Ownership
Privately held
Firm type
Merchant acquiring and processing
Trades as Intraclear
- Ownership
- The firm does not publish its shareholders.
- Head office
- Shop No 5, Amathountos 60, Sandiz Beach, Block 1, 4532 Agios Tychonas, Limassol, Cyprus
- Company register
- Cyprus Registrar of Companies HE 389967
- Incorporated
- 18 Oct 2018
Online
- Websites & references
- intraclear.com ↗
ebank.intraclear.com ↗ online banking (e-Bank) login
secure.intraclear.com ↗ merchant payment gateway login - Official social accounts
- None found
- Apps
- App Store ↗ · Google Play ↗
Sources · 9 pages consulted
- intraclear.com/
- intraclear.com/about-us/
- intraclear.com/correspondent-banks/
- intraclear.com/card-acquiring/
- intraclear.com/business-accounts/
- intraclear.com/general-terms-conditions-gtc/
- lb.lt/en/sfi-financial-market-participants/intraclear-limited
- centralbank.cy/en/administrative-sanctions-and-measures
- cbn.com.cy/article/133854/new-cysec-chairman-and-vice-chairman-sign-appointment-contracts
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The Central Bank of Cyprus authorises the firm as a payment institution under licence 115.1.2.35, in line with the Payment Services Laws of 2018 and 2021. The firm states that it acquires card payments as a principal member of Visa and Mastercard under its own licence agreements.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Central Bank of Cyprus Cyprus | Payment Institution (payment services, card acquiring) | 115.1.2.35 | In its own name | Active | intraclear.com ↗ |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Safeguarding
- Segregated safeguarding accountsThe firm states that client funds are held in segregated accounts with EU-based credit institutions, as the Central Bank of Cyprus requires.
- Settlement bank
- Alpha Bank Cyprus Ltd Cyprus
- Payment schemes and card networks
- Visa Direct intraclear.com ↗
Mastercard Direct intraclear.com ↗
SEPA Credit Transfer Direct intraclear.com ↗
SEPA Instant Credit Transfer Direct intraclear.com ↗
Swift Direct intraclear.com ↗
TARGET2 Access not stated intraclear.com ↗
Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.
Products and markets
Researched 29 Sep 2026 · Sources
The firm offers business accounts for C2B, B2B and B2C payments over SEPA, TARGET2 and Swift, plus card acquiring through its own gateway, which it says is certified to PCI-DSS Level 1. Its website lists card issuing as coming soon.
The firm states that it serves Cyprus and the EU/EEA under passporting rights. The Bank of Lithuania's register lists 30 member states where it may provide services without a branch.
- Sells to
- Small businesses · Enterprises
- Serves customers in
- Cyprus
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
-
Demetris Polycarpou
CEO - Executive Director
- Chief financial officer
-
Loucas Louca
CFO - Executive Director
- Executive
-
Michalis Christou
GM - Executive Director
- Executive
-
Christoforos Christoforou
Independent - Non-Executive Director
Recent events
Researched 29 Sep 2026 · Sources
The research found no fines, investigations, security incidents, licence changes or corporate events from the last three years.
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
Head-office record
- BIC
- ITRACY2LXXX
- How the BIC breaks down
- ITRABank
- CYCountry · Cyprus
- 2LLocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 984500F776NEBD7D6538
- LEI record
- View on GLEIF ↗
- Licence no. · EBA-PSD2
- 115.1.2.35
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.Register entry: Matched by Elucidate to GLEIF on name, country and address.
- Register-entry ID
- 8d75f6fb3966
- National bank code
- Bank identifier 912
Profile
- Type
- Payments & e-moneyPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Register licences
- 1 entry on 1 register
- Activities
- Payment services
- Card acquiring
- Licensed in
- Cyprus
- Country · region
- Cyprus · Europe & Central Asia
- Banking supervision
- Not on the ECB's list of supervised entities as of 2026-07-01
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.
Addresses
- Registered address
- 60 AMATHOUNTOS, SANDIZ BEACH, BLOCK 1, SHOP 5, AGIOS TYCHONAS LIMASSOL (LEMESOS) 4532 CYPRUS
- Operational address
- 60 AMATHOUNTOS, SANDIZ BEACH, BLOCK 1, SHOP 5, AGIOS TYCHONAS LIMASSOL (LEMESOS) 4532 LIMASSOL (LEMESOS) CYPRUS
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>ITRACY2LXXX</BICFI>
<LEI>984500F776NEBD7D6538</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>ITRACY2LXXX</BICFI>
<LEI>984500F776NEBD7D6538</LEI>
<Nm>INTRACLEAR LIMITED</Nm>
<PstlAdr>
<TwnNm>LIMASSOL LEMESOS</TwnNm>
<Ctry>CY</Ctry>
<AdrLine>60 AMATHOUNTOS, SANDIZ BEACH, BLOCK 1, SHOP 5</AdrLine>
<AdrLine>AGIOS TYCHONAS LIMASSOL (LEMESOS) 4532</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Payment schemes and systems
EPC registers of 2026-09-11 · ECB T2 list of 2026-07-02 · ECB TIPS list of 2026-09-01 · SIX Bank Master valid on 2026-09-28
| Scheme or system | Since | Registered with | Note |
|---|---|---|---|
| SEPA Credit TransferISO 20022 messages | 2022-09-12 | Head office | — |
| SEPA Instant Credit TransferISO 20022 messages | 2022-09-12 | Head office | — |
| Verification of Payee | 2025-10-06 | Head office | — |
| TIPS (TARGET Instant Payment Settlement)ISO 20022 messages | — | Head office | — |
SEPA dates are when the institution became ready for the scheme. TIPS entries have no joining date.
An institution missing from T2 may still be reachable through an indirect participant. The ECB’s TIPS list does not separate participants from reachable parties. It includes institutions reachable in Swedish kronor as well as in euro.
“ISO 20022 messages” marks a scheme or system whose rulebook or operator specifies ISO 20022 for messages between participants.
National bank codes
Bank identifier · Cyprus
1 code file of 2026-09
| Code | Routes to BIC | Name in the national file |
|---|---|---|
| 912 | ITRACY2L | INTRACLEAR LIMITED |
Each code shows the name in the national file. Smaller banks often route through a central institution’s BIC. A code can therefore belong to a different bank than the one on this page.
Network
Branch codes
| BIC | Branch | City | Address | LEI | Updated |
|---|---|---|---|---|---|
| ITRACY2LTPS | — | Limassol Lemesos | 60 AMATHOUNTOS, SANDIZ BEACH, BLOCK 1, SHOP 5, AGIOS TYCHONAS LIMASSOL (LEMESOS) 4532 LIMASSOL (LEMESOS) CYPRUS | — | 2023-07-01 |
Claim this profile
Work at Intraclear Limited?
Claim this page to have it marked as verified by the bank, and to send us corrections. We verify every claim before anything changes on the page.
- 01Submit Tell us who you are, using your work email.
- 02We verify We check the email domain and confirm your role with the bank. This usually takes up to five business days.
- 03Profile claimed The page is marked as claimed and verified. You can send us corrections at any time.
Claim received
Thank you. We will email your work address once the claim is verified. Until then, the page stays unclaimed.
The claim was not sent. Try again, or email contact@elucidate.co.
Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
Register entries are not screened against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Payment schemes and systems—Source: European Payments Council (EPC) Registers of Participants; matched to BICs by Elucidate. Source: European Central Bank, List of TIPS participants and reachable parties.
- National bank codes—Cyprus (Source: Central Bank of Cyprus).
- EBA PSD2 Register—European Banking Authority (EBA) · register ↗ as at 25 September 2026
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: intraclear.com (official website) · original; Demetris Polycarpou: intraclear.com (official website) · original; Loucas Louca: intraclear.com (official website) · original; Michalis Christou: intraclear.com (official website) · original; Christoforos Christoforou: intraclear.com (official website) · original.
Assess the financial crime risk behind a BIC
A BIC identifies an institution; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.
Book a demo