Payment limits

Open banking payments are driven by the Faster Payment limit for the bank and account type. A recent ruling from the regulator means that the limits on open banking payments should match the limits available to bank customers on other payment options.

The latest Faster Payments limits can be found here: Faster Payment Limits

The table below has been updated on the 22nd of April 2022.

Bank	Payment Limit	Notes
Bank of Ireland	£20,0000 for existing payees	For new payees, there is a £1,000 combined maximum for the first 48 hours
Bank of Scotland	£25,000	Different accounts might have individual limits
Barclays	Personal: £10,000 via app Premier: £30,000 via app Business: £50,000 via app	For new payees, there is a £2,000 limit for personal and £5,000 for Premier.
Clydesdale	£30,000 via app
Coutts	£1,000,000	Accounts might have specific limits
Danske	£10,000 via app £15,000 via web
First Direct	£49,999.99
Halifax	£25,000
HSBC	£25,000
Lloyds	£25,000
Marks & Spencers	£25,000
Mettle	£10,000
Monzo	£10,000
Nationwide	£10,000
Natwest	Personal: £20,000 Premier: £20,000 via web Premier: £50,000 via app Business: £50,000 Bankline: £99,999.99	Limits can be amended by customers in their online banking for Personal and Premier.
Royal Bank of Scotland	Personal: £20,000 Premier: £20,000 via web Premier: £50,000 via app Business: £50,000 Bankline: £99,999.99	Limits can be amended by customers in their online banking for Personal and Premier.
Revolut	£250,000
Santander	Personal: £25,000 Business: £250,000
Smile	£19,999
Starling	£1,000,000	This will be subject to lower limits for individual customers
Tesco	£10,000
Tide	£50,000
TSB	£25,000
Ulster Bank	Personal: £20,000 Premier: £20,000 via web Premier: £50,000 via app Business: £50,000 Bankline: £99,999.99	Limits can be amended by customers in their online banking for Personal and Premier.
Virgin Money	£100,000
Yorkshire Bank	£30,000

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