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Faster Payment and SWIFT Limits

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Written by Tom Jackson
Updated this week

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.

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