|Provider||Payment Daily Limit||Observations|
|Lloyds Banking Group (Lloyds, Halifax and Bank of Scotland)||up to £5,000||
Limits may differ for Websaver or Express Cash accounts.
It also considers the payment context code, which is related to the origin of the business.
|NatWest Group (RBS, NatWest and Ulster)||up to £20,000||
Limits vary depending on the payment journey, type of account, and the use of a Card Reader for consent.
Retail customers of NatWest, Royal Bank of Scotland, Ulster Bank (Northern Ireland) and NatWest International have a default limit of £5k per day. However, customers can amend that daily limit through their online banking portal.
Please refer to this article for a breakdown of the limits across brands and account type.
|NatWest commercial & corporate customers||
up to £1m
Only for Bankline customers.
£1 million will not be the default Faster Payment limit for Bankline customers. Instead, it will be the maximum limit that customers can set.
|Payments to a new payee have a £2000 limit for Personal accounts, and £5000 to Premier accounts.|
|AIB UK||up to £20,000||Limits may differ depending on the authentication method (PAC or Card Reader).|
|Revolut||up to £500,000||Specific limits: £250k per transaction, £500k per day, and £1m per week. One user cannot make more than 50 transfers in 24 hours, or more than 200 transfers in 7 days.|
For this limit to be increased, the user should contact Monzo's Support team.