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You are in: Faster Payments → Introduction
Faster Payments
  • Introduction
  • Frequently Asked Questions

Introduction

FlexAccount Faster Payments limits

Originating Nationwide Channel

Single Immediate Payments

Payments Standing Order Payments

Forward Dated Payments

Internet Bank

£0.01 - £10,000

£0.01 - £10,000

£0.01 - £10,000

Telephone Banking

£0.01 - £10,000*

not available

£0.01 - £10,000*

Mobile Banking

£0.01 - £10,000**

not available

not available

ATM

£0.01 - £10,000*

not available

not available

Branch

£0.01 - £9,999.99

£0.01 - £9,999.99

 

*Payments can only be made to existing payees

**Payments can only be made to people or organisations you have paid before

N.B. The limit of Faster Payments you can receive is determined by the limits set by the sending bank.

SIP (Single Immediate Payment) - A one off immediate payment made via Internet Bank, at an ATM or via Telephone or Mobile Banking that can be made 24 hours a day, 365 days a year, or at a retail branch during normal opening hours.

FDBP (Future Dated Bill Payment) - A payment to an existing arrangement, set for a specific date in the future.

SOP (Standing Order Payment) - A regular payment made on a specific date for the same amount.

Keep visiting this site to gain up to date information regarding our limits and restrictions.

Useful links

UK Payments and Faster Payments

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Faster Payments

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Nationwide Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 106078. Credit facilities other than regulated mortgages are not regulated by the Financial Conduct Authority or the Prudential Regulation Authority. You can confirm our registration on the FCA's website www.fca.org.uk or by contacting the FCA on 0800 111 6768.
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