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Is there a limit to how much you can send as a faster payment with Natwest??

As title says I want to transfer 20k to another account can I do it online? Will it still go through within the 2 hours?

Thank you

Comments

  • zxspeccy
    zxspeccy Posts: 180 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I think the Faster Payments online limits have gone up to £100K (although this might be the maximum limit and levied depending on the customer). The benficiary (in most cases) should receive the funds almost immediately, but it could take up to a couple of hours. The Bank also have some clauses which cover them in case the payment is delayed further.

    I would also imagine that as this is a NatWest online payment you would need your card, card reader and PIN to verify the transaction.

    Check the main NatWest.com website as they have a Faster Payments information section.
  • coldhandoff
    coldhandoff Posts: 128 Forumite
    Ninth Anniversary Combo Breaker
    If you're a personal customer I believe the daily limit is £10k online. So you would have to split the payment up over 2 days.
    I work for Natwest.
  • innovate
    innovate Posts: 16,217 Forumite
    10,000 Posts Combo Breaker
    According to this site, which seems to have an air of authority about it, Natwest daily limits for mere mortals is £10K/day for ad-hoc payments.
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