The UK Faster Payments Service has increased the amount that can be sent in a single transaction.

The UK Faster Payments Service has increased the amount that can be sent in a single transaction.

by Antony Quaife | Feb 14, 2024 | Industry

The UK Faster Payments Service has increased the amount that can be sent in a single transaction. From February 8th 2022, the amount has quadrupled from £250k to £1 million.  This increase in transaction limit reflects demand from corporate customers and helps to...

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