Bank transfer limits UK: a guide to transferring large amounts of money
Wondering whether there’s a bank transfer limit in the UK? You’ve come to the right place. Not only will we look at top-level bank transfer limits, but we’ll also share detailed information about the limits set by most of the UK’s main banking providers.
At WorldRemit, we aim to take the stress out of completing large bank transfers by making it easier to understand the process. In this guide, you’ll learn the maximum bank transfer amount for your UK bank and be able to move funds with confidence.
Let’s take a look at how much money you can send.
WorldRemit Content Team
• 6 mins read • Updated
Is there a limit on bank transfers in the UK?
An online bank transfer is now the most preferred method of sending money to another bank account, with 72% of UK adults using online banking and 54% using mobile banking.
The majority of these bank transfers are made using the Faster Payments System, which has a bank transfer limit of £1 million. However, the bank providers that offer this service will set their own limits, which we’ll discuss in more detail in the next section of this guide.
The limit they set largely depends on how the payment is sent and the type of account the customer is sending their bank transfer from. Some banks also let you set your own limit.
Online and mobile banking are the most popular methods of transferring money, but there’s an alternative that’s still used in branches, over the phone, and sometimes online. It’s called a CHAPS payment. CHAPS stands for Clearing House Automated Payment System and is still a regularly used method for transferring large amounts of money between UK banks. There’s no bank transfer limit in place when using this method. While it’s not as quick as Faster Payments, your bank transfer will still arrive the same day if it’s made before the cut-off time, which is usually 3.30pm GMT. CHAPS is often used to transfer large amounts of money at once, such as when buying a house.
UK providers: What are their bank transfer limits?
The list below shows general daily limits for the main UK providers using the Faster Payments System — including both personal and business transaction limits. Please refer to each bank provider’s own website for more information.(This information was all accurate at the time of writing, but the maximum bank transfer amount may change.)
Barclays
Personal transaction limits
Personal:
Branch
One-off and forward-dated payments: £25,000
Standing orders: £25,000
Phone
One-off and forward-dated payments: £15,000
Standing orders: £15,000
Online
One-off and forward-dated payments: £50,000
Standing orders: £50,000
Premier:
Branch
One-off and forward-dated payments: £50,000
Standing orders: £50,000
Phone
One-off and forward-dated payments: £50,000
Standing orders: £50,000
Online
One-off and forward-dated payments: £50,000
Standing orders: £50,000
Business transaction limits
Business:
Branch
One-off and forward-dated payments: £25,000
Standing orders: £100,000
Phone
One-off and forward-dated payments: £15,000
Standing orders: £100,000
Online
One-off and forward-dated payments: £50,000
Standing orders: £100,000
Corporate/FI:
Branch
One-off and forward-dated payments: £250,000
Standing orders: £250,000
Phone
One-off and forward-dated payments: £250,000
Standing orders: £250,000
Online
One-off and forward-dated payments: £1,000,000
Standing orders: £250,000
Halifax
Personal transaction limits
Branch
One-off and forward-dated payments: £250,000
Standing orders: £100,000
Phone
One-off and forward-dated payments: £10,000
Standing orders: £10,000
Online
One-off and forward-dated payments: £25,000
Standing orders: £25,000
HSBC
Personal transaction limits
Branch
One-off and forward-dated payments: £10,000
Standing orders: £10,000
Phone
One-off and forward-dated payments: £10,000
Standing orders: £10,000
Online
One-off and forward-dated payments: £25,000
Standing orders: £25,000
Business transaction limits
Branch
One-off and forward-dated payments: £10,000
Standing orders: £10,000
Phone
One-off and forward-dated payments: £10,000
Standing orders: £10,000
Online
One-off and forward-dated payments: £1,000,000
Standing orders: £250,000
Lloyds Bank
Personal transaction limits
Branch
One-off and forward-dated payments: £250,000
Standing orders: £100,000
Phone
One-off and forward-dated payments: £10,000
Standing orders: £10,000
Online
One-off and forward-dated payments: £25,000
Standing orders: £25,000
Business transaction limits
Branch
One-off and forward-dated payments: N/A
Standing orders: £99,999
Phone
One-off and forward-dated payments: On request
Standing orders: £99,999
Online
One-off and forward-dated payments: £99,999
Standing orders: £99,999
Nationwide
Personal transaction limits
Branch
One-off and forward-dated payments: £9,999
Standing orders: £9,999
Phone
One-off and forward-dated payments: £10,000
Standing orders: Not permitted
Online
One-off and forward-dated payments: £10,000
Standing orders: £10,000
Natwest
Personal transaction limits
Branch
One-off and forward-dated payments: £20,000
Standing orders: £99,999.99
Phone
One-off and forward-dated payments: £10,000
Standing orders: £10,000
Online
One-off and forward-dated payments: £20,000
Standing orders: £20,000
Business transaction limits
Branch
One-off and forward-dated payments: £20,000
Standing orders: £99,999.99
Phone
One-off and forward-dated payments: £10,000
Standing orders: £10,000
Online
One-off and forward-dated payments: £50,000
Standing orders: £99,999.99 via Bankline and Bankline Direct
Corporate/FI: £1,000,000
Royal Bank of Scotland
Personal transaction limits
Branch
One-off and forward-dated payments: £20,000
Standing orders: £99,999.99
Phone
One-off and forward-dated payments: £10,000
Standing orders: £10,000
Online
One-off and forward-dated payments: £20,000
Standing orders: £20,000
Business transaction limits
Branch
One-off and forward-dated payments: £20,000
Standing orders: £99,999.99
Phone
One-off and forward-dated payments: £10,000
Standing orders: £10,000
Online
One-off and forward-dated payments: £50,000
Standing orders: £99,999.99 via Bankline and Bankline Direct
Corporate/FI: £1,000,000
Santander
Personal transaction limits
Branch
One-off and forward-dated payments: £100,000
Standing orders: £100,000
Phone
One-off and forward-dated payments: £100,000
Standing orders: £100,000
Online
One-off and forward-dated payments: £25,000
Standing orders: £100,000
Business transaction limits
Branch
One-off and forward-dated payments: N/A
Standing orders: N/A
Phone
One-off and forward-dated payments: £100,000
Standing orders: £100,000
Online
One-off and forward-dated payments: £250,000
Standing orders: £100,000
Starling Bank
Personal transaction limits
Branch
One-off and forward-dated payments: N/A
Standing orders: N/A
Phone
One-off and forward-dated payments: N/A
Standing orders: N/A
Online
One-off and forward-dated payments: £1,000,000
Standing orders: £1,000,000
Note that individual account limits apply for both these types of payments
Business transaction limits
Branch
One-off and forward-dated payments: N/A
Standing orders: N/A
Phone
One-off and forward-dated payments: N/A
Standing orders: N/A
Online
One-off and forward-dated payments: £1,000,000
Standing orders: £1,000,000
Note that individual account limits apply for both these types of payments
TSB
Personal transaction limits
Branch
One-off and forward-dated payments: £100,000
Standing orders: £10,000
Phone
One-off and forward-dated payments: £10,000
Standing orders: £10,000
Online
One-off and forward-dated payments: £25,000
Standing orders: £10,000
Business transaction limits
Branch
One-off and forward-dated payments: £100,000
Standing orders: £10,000
Phone
One-off and forward-dated payments: £10,000
Standing orders: £10,000
Online
One-off and forward-dated payments: £50,000
Standing orders: £99,000
Your bank provider will impose a limit if using the Faster Payments Service, in which case the information we have provided above becomes invaluable. If you’d like to avoid limits altogether, then the CHAPS payment method is still your best bet. However, due to the maximum bank transfer amount UK banks set being pretty high in most cases, it’s likely that the Faster Payments Service will cover you in many instances.
In terms of the process for transferring large amounts of money, it’s exactly the same as sending smaller amounts. However, fees and timescales will vary depending on the amount you’re sending, and the banking provider you use. As each individual case is different, we suggest you reach out to your provider if you have any questions.
For sending money internationally, you can send fast, flexible, and secure international money transfers across the world with WorldRemit.
This communication is intended for marketing purposes only and does not constitute or provide legal, tax, investment or financial planning related advice.
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