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. |
Barclays |
Personal: £10,000 Premier: £30,000 Business: £50,000 |
Payments to a new payee have a £2000 limit for Personal accounts, and £5000 to Premier accounts.
|
HSBC |
£25,000 |
|
Santander |
£25,000 |
|
Nationwide | £10,000 | |
Danske | £25,000 | |
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. |
Monzo | £10,000 |
For this limit to be increased, the user should contact Monzo's Support team. |
TSB | £25,000 |
|
First Direct | £49,999 |
|
Starling | £25,000 |
|
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