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What are the Payment Timescales?

A
Written by Alex
Updated over 10 months ago

Payment timeframes can vary depending on the payment method used and the amount. Please view the below for clarification on our payment rails.

UK Faster Payments - £100,000 or less - Immediate on business days
UK Faster Payments - £100,000 or more - 1 business day
SEPA Payments - £100,000 or less - Immediate on business days
SEPA Payments - £100,000 or more - 1 to 2 business days
SWIFT Payments - Any amount - 1 to 5 business days
TARGET2 - Any amount - 0 to 2 hours
CHAPS - Any amount - 0 to 2 hours

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