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barclays faster payments

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Comments

  • lulu999
    lulu999 Posts: 84 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    I've just sent over £80,000 in separate faster payments of £10,000 or less from Barclays (personal account). All payments arrived at their destinations within seconds.
  • oldfella
    oldfella Posts: 1,534 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    you can send 10K online and 10K by telephone banking
  • Milarky
    Milarky Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    edited 23 August 2013 at 6:09PM
    Just as a test, I had sent £10K from Barclays last night (6:31 and therefore with today's date) when I read this. I have just tried sending a further £1k from Barclays and it went off with no complaints. If the 10K cap on total payments had been in effect, you couldn't do this, since it runs (or ran) from 6:30pm on one (working) day to 6:29pm the next (working day)

    Oops. Looks like I was wrong about that because I assumed the daily limit aligns with the definition of 'working day'. The payment I made earlier has limited the amount I could pay out after 6:30 so it must be more like a midnight to midnight thing they operate.

    So the advice is it's still £10k online 'per day'.
    .....under construction.... COVID is a [discontinued] scam
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