Faster Payments Limits
Round will initially support up to £1M per transaction for Faster Payments (FPS).
Some receiving banks may impose their own limits, so larger transactions might need alternative rails, e.g. CHAPS.
SWIFT Limits
SWIFT payments don’t have a fixed upper limit, but transactions may be subject to compliance reviews for large amounts.
Some banks have their own thresholds for high-value SWIFT payments, which may require additional verification.