What are the transaction limitations of SEPA Credit, SEPA Instant, CHAPS and Faster Payments?

Faster Payments

Allows transactions of up to £1m to be sent via FPS (Faster Payments System)

 

CHAPS

GBP payment with a value over £1 million.

 

SEPA Credit

Transfers have a maximum transfer limit of €999,999,999.99 (i.e. one cent short of one billion euros).

 

SEPA Instant Credit

Transfers allow you to send up to €100,000 at a time.

Was this article helpful?
0 out of 0 found this helpful

Comments

0 comments

Please sign in to leave a comment.