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2 Hour Bank Transfers Now Available
Although previously the banks communicated that the FPS would not be implemented
in full until the end of June, we can confirm that if your bank subscribes to the
FPS, then we can make Bank Transfers of up to £10,000 to you and have them
cleared within 2hrs.
This is a major step forward by the banking industry and a great benefit for our
customers electing to take this method of payment, as you will no longer have to
wait 3 days to use your funds to start buying again.
As a reult of this initiative we now recommend Bank Transfers as the preffered payment
method for all our customers.
The 13 banks who subscribe to FPS are Abbey, Alliance and Leicester, Barclays, Citi,
Clydesdale and Yorkshire Banks (National Australia Group), Co-operative Bank, HBOS,
HSBC, Lloyds TSB, Nationwide Building Society, Northern Bank (Danske Bank), Northern
Rock, and Royal Bank of Scotland Group (including NatWest and Ulster Bank).
See if your Bank can accept faster payments
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