Faster Payments Status
UK's real-time payment system for bank transfers
✓
Working
Available 24/7
Last updated: just now
Frequently Asked Questions
How long do Faster Payments take?
Faster Payments typically arrive within seconds, but can take up to 2 hours. The system operates 24/7, 365 days a year.
What is the Faster Payments limit?
The maximum single payment is £1,000,000, though individual banks may set lower limits. Most banks allow up to £250,000 per transaction.
Do Faster Payments work on weekends?
Yes, Faster Payments work 24/7 including weekends and bank holidays, unlike BACS which only processes on working days.