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Nat West Faster Payments

G_M
G_M Posts: 51,977 Forumite
Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
in Savings & investments
Nat West told me they can send up to £10K per day by FP. Is this true? Or is it £10 per transaction?

Anyone had any experience?

Couldn't see the specifics in the Faster Payments thread.

Comments

  • willo65
    willo65 Posts: 1,012 Forumite
    nope it is upto £10k and you can do it all in one go if you like.
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    willo65 wrote: »
    nope it is upto £10k and you can do it all in one go if you like.

    Does 'nope' mean no experience?

    And how does 'it is upto £10k' answer the question?

    £10K limit per transaction or per day?
  • willo65
    willo65 Posts: 1,012 Forumite
    G_M wrote: »
    Does 'nope' mean no experience?

    And how does 'it is upto £10k' answer the question?

    £10K limit per transaction or per day?

    Nope means No it is not capped to £10 per transaction and upto £10k is the daily limit and the limit per transaction.
  • hansi
    hansi Posts: 3,001 Forumite
    Part of the Furniture 1,000 Posts
    Why does it take a week or more for a DD payment from my bank account to my AA savings account to clear?:confused: Surely, if they know the payment is from a bank, it's not going to bounce!
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