KRBS increases daily FP limit to £250K

colsten

KRBS have increased their daily Faster Payments limit to £250K (from £20K). Not that I would ever have over the FSCS limit with them but it's very useful to know they have this generous limit. Hopefully they are setting a trend, at least for payments into people's own accounts.

http://www.kentreliance.co.uk/support/taking-money-out

Tom99

Since they are one of the worst for getting money in and out £250k same day without charge is the highest I have seen, also only £10 for a CHAPs which I presume I can use next time a shift over £250k around!
I hope the banks can also soon increase the daily £10k-£25k limit most of them have.
With Kent Reliance I think you can also pay in using a debit card up to £1m (if your own bank would allow that!)

MarcoM

colsten wrote: »

KRBS have increased their daily Faster Payments limit to £250K (from £20K). Not that I would ever have over the FSCS limit with them but it's very useful to know they have this generous limit. Hopefully they are setting a trend, at least for payments into people's own accounts.

http://www.kentreliance.co.uk/support/taking-money-out

so would these be happy at sendjng the money out without the usual anti money laundering requirements and associated questions what is money for etc etc?

Thrugelmir

Not sure that I'd ever have the need to send £250k to myself.