Limits for local transfers in GBP

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.

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