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HSBC Faster Payments
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MumOf2
Posts: 612 Forumite
Does anyone know what the transaction/daily limit is for Faster Payments from HSBC please? My salary is being paid in in order to qualify for the 8% Regular Saver, but I need to get quite a lot transferred out to another account in order to meet direct debits a few days later, so timing is all important!
MumOf2
MumOf2
MumOf4
Quit Date: 20th November 2009, 7pm
0
Comments
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Not sure what the upper limit is, but I have successfully transferred £10k to Natwest and A&L accounts.Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote.
-Benjamin Franklin0 -
As far as I am aware, the faster payments limit is £10k
HTH
Bekki0 -
Many thanks Mike and Bekki. Should be able to get it transferred in time then :-)
MumOf2MumOf4Quit Date: 20th November 2009, 7pm
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At the Natwest is 10k per day, I guess it is probably about the same.
Quit smoking *1st January 2010*
13/12/2012, baby girl!!!0 -
The Faster Payments scheme, as a whole, is limited to £10,000 for immediate payments.What would William Shatner do?0
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As mentioned above the limit is £10k this is both per transaction and per day
so you could do 2x£5k in one day or 1x£10k but 2x£10k would not be allowed0
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