Question
What are the limits for Pound sterling transfers via Faster Payments system in ZEN?
Answer
The following limits apply to Faster Payments in GBP:
Limit period | Incoming transactions amount | Outgoing transactions amount |
Daily | 2500 GBP | 1500 GBP |
Weekly | 5000 GBP | 5000 GBP |
Monthly | 10000 GBP | 10000 GBP |
Daily limit counts transactions ordered during the current day and is reset after midnight (00:00 GMT).
Weekly limit counts transactions ordered in the previous 7 days, taking into account the current day, and is reset after midnight (00:00 GMT).
Monthly limit counts transactions ordered in the previous 31 days, taking into account the current day, and is reset after midnight (00:00 GMT).
Please keep in mind that transactions that were rejected by our system after being ordered also count towards these limits.
To learn more about local transfers in GBP, please click here.