Lloyds TSB Faster Payments limit?

Hi,

I used to experience pretty poor FP services with Lloyds TSB in the past (about a year ago).

Now that I'm planning to use the account more, I was wondering, can anyone confirm with me the current limits on their FP? In particular, do they have problems with sending payments of up to £2000?

I know there are published limits on http://www.ukpayments.org.uk/faster_payments_service/value_limits/, but just wanted to confirm the actual limit in real life:

a) Limit for single payments
b) Can I repeat the payments to the same payee?
c) What is the maximum daily amount I can do FP with?

Will be grateful for any experiences! Cheers.

Comments

  • simax
    simax Posts: 1,975 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I did a FP from my LTSB account to my Santander account for £2,800 a few weeks ago no probs. Was recieved in about 30 seconds.

    I think the limit is £10,000 per day
    I spent 25 years in the mobile industry, from 1994 to 2019. Worked for indies as well as the big networks, in their stores also in contact centres. I also hold a degree in telecoms engineering so I like to think I know what I’m talking about 😂
  • andrew164
    andrew164 Posts: 25 Forumite
    I can second that. I sent £10,000 per day for 4 days to my A&L account. I actually did mine before 6am and they all arrived in seconds.
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