In the UK, the minimum amount for a payment is £0.01.
Maximum payment amount limits are set by the payer's bank, and may be dependent upon the specific bank account type and conditions such as the current balance or how many payments have been made recently.
In the UK, Faster Payments maintains a list of general limits here.
Here's a list of general daily limits per provider, please refer to each bank's website for more specific information:
| Provider |
Daily Payment Limit |
Observations |
Lloyds Banking Group (Lloyds,
|
Retail
- All Payees - Person/Contact (per payment): £25,000
- All Payees - eCommerce Goods, eCommerce Services or Other (per payment): £5,000
- Internal transfers (per payment): £1,000,000
Private Banking
- All Payees - Person/Contact (per payment): £99,999
- All Payees - eCommerce Goods, eCommerce Services or Other (per payment): £5,000
- Internal transfers (per payment): £1,000,000
Business
- All Payees - Person/Contact (per payment): £250,000
- All Payees - eCommerce Goods, eCommerce Services or Other (per payment): £250,000
- Internal transfers: £250,000
Commercial
- All Payees - Person/Contact (per payment): £25,000
- All Payees - eCommerce Goods, eCommerce Services or Other (per payment): £5,000
- Internal transfers: £250,000
|
Limits may differ for Websaver or Express Cash accounts.
It also considers the payment context code, which is related to the origin of the business.
When updating PCC, limit will increase to £25k
Please refer to this for article
|
| Provider |
Web
Daily Payment Limit
|
Mobile
Daily Payment Limit
|
Observations |
|
|
Personal
- All Payees: £20,000
- Default payment limit is set to £1,000 for new payees. This can be increased to £5,000 by adding recipient to the trusted beneficiaries list in the app or online banking.
- The user can also increase to £20,000 using their Online Banking.
Premier & Business
- All Payees: £50,000
- Default payment limit is set to £5,000. The user can increase to £50,000 using their Online Banking
|
Personal
Premier & Business
|
Limits vary depending on the payment journey, type of account, and the use of a Card Reader for consent.
Retail customers of NatWest, Royal Bank of Scotland, Ulster Bank (Northern Ireland) and NatWest International have a default limit of £5k per day. However, customers can amend that daily limit through their online banking portal.
Please refer to this article for a breakdown of the limits across brands and account type.
For information on how to increase payment limits, please refer to this Natwest article.
£1 million will not be the default Faster Payment limit for Bankline customers. Instead, it will be the maximum limit that customers can set.
|
| Provider |
Web
Daily Payment Limit
|
Mobile
Daily Payment Limit
|
Observations |
|
|
Personal
- External payee: £50,000
- Internal transfer between own accounts: £250,000 per transaction
Premier
- External payee: £100,000
- Internal transfer between own accounts: £250,000 per transaction
Business
- Existing payee: £50,000
- New payee: £2,000
- Internal transfer between own accounts: £250,000
|
Personal
- Existing payee: £10,000
- New payee: £2,000
- Internal transfer between own accounts: £250,000
Premier
- Existing payee: £30,000
- New payee: £2,000
- Internal transfer between own accounts: £250,000
Business
- Existing payee: £50,000
- New payee: £2,000
- Internal transfer between own accounts: £250,000
|
Learn how to add a new payee to overcome this limit in the article How can I add a new payee in Barclays?
|
| Provider |
Web
Daily Payment Limit
|
Mobile
Daily Payment Limit
|
|
|
Retail
- Internal transfers to any HSBC account: no limit
- External payees: £25,000 per account
|
Retail
- Internal transfers to any HSBC account: no limit
- External payees: £25,000 per account
- Bill Payments and External payments: Up to £100,000
|
| Provider |
Daily Payment Limit |
|
|
Retail
- Single payment limit: £25,000
- Overall payment limit: £100,000
|
| Provider |
Web
Daily Payment Limit
|
Mobile
Daily Payment Limit
|
|
|
Current
- Internal transfer between own accounts: £5,000,000
- Existing external payees (single transaction limit): £10,000
- New external payees (single transaction limit): £10,000
|
Current
- Internal transfer between own accounts: £5,000,000
- Existing external payees (single transaction limit): £10,000
- New external payees (single transaction limit): £10,000
|
| Provider |
Daily Payment Limit |
|
|
£25,000 |
| Provider |
Daily Payment Limit |
Observations |
|
|
up to £20,000 |
Limits may differ depending on the authentication method (PAC or Card Reader). |
| Provider |
Daily Payment Limit |
Observations |
|
|
up to £500,000 |
Specific limits: £250k per transaction, £500k per day, and £1m per week. One user cannot make more than 50 transfers in 24 hours, or more than 200 transfers in 7 days. |
| Provider |
Daily Payment Limit |
Observations |
|
|
Retail
Business
- Overall limit: £10,000
- Not explicitly mentioned, so assuming the same limit for Business
|
For this limit to be increased, the user should contact Monzo's Support team.
|
| Provider |
Web
Daily Payment Limit
|
Mobile
Daily Payment Limit
|
|
|
Retail
- Overall limit: £25,000
- Internal transfers: £1,000,000
Business
- Overall limit: £100,000
- Internal transfers: £1,000,000
|
Retail
- Overall limit: £25,000
- Internal transfers: £1,000,000
Business
- Overall limit: £100,000
£50,000 limit per transaction
- Internal transfers: £1,000,000
£250,000 limit per transaction
|
| Provider |
Web
Daily Payment Limit
|
Mobile
Daily Payment Limit
|
|
|
Retail
- Internal transfers to any HSBC account: no limit
- External payees: £25,000 per account
|
Retail
- Internal transfers to any HSBC account: no limit
- External payees: £25,000 per account
- Bill Payments and External payments: Up to £100,000
|
| Provider |
Daily Payment Limit |
|
|
£25,000 |
