Faster Payments allows you to transfer money to your or someone else’s UK bank account within seconds – a significant improvement on the three days taken by Bacs. The maximum amount you can exchange under Faster Payments is £250,000.
You can send and receive money in 20 local currencies using local banking systems. This helps increase speed and reduce the cost of transferring money. Currencies available for local payments include – GBP / EUR / USD / NOK / DKK / SEK / PLN / AUD / SGD / HUF / CZK / CAD / INR / IDR / MYR / MXN / RON / HKD / HRK / PH.