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Faster Payments

Faster Payments from your account

Faster Payments is a payment service which allows most customers of UK banks to be able to make and receive sterling payments within the UK in a matter of hours, and often in minutes.

Payments made through Telephone Banking and any Internet Banking payments which are over the limit for same-day, will be processed overnight and will reach the recipient’s bank the business day after the payment instruction was received by us.

Details of same-day payment limits within Internet Banking will be available to you at the time you make the transaction.

Business Internet Banking

We've made some changes to the Business Internet Banking Service so that you can take advantage of the new Faster Payments Service. If you'd like more information, please visit our changes in services page.

Corporate Online

Customers can request Immediate and Future Dated Faster Payments as part of the standard Corporate Online banking service.

Personal account access

For those Personal accounts where you can currently make payments via Business Internet Banking to organisations outside of Halifax or Bank of Scotland, the Faster Payments Service will be available. For those accounts where you can only view or transfer funds to another account within your access, the Faster Payment facility will only be available through the Personal Online Service provided the account is registered for these services.

Personal Banking customers can find further details of this new service here.

Keep visiting this page for up-to-date information on Faster Payments.

Further information is also available at http://www.ukpayments.org.uk.

Benefits for you

Improved cashflow: You’ll be able to send and receive payments quickly which will help you manage your money.

Telephone

By phone

Existing customers

If you are already registered for Business Internet Banking or Corporate Online, you can start making Faster Payments now.

If you would like more information about Telephone Banking or Business Interent Banking, please call us on 0845 300 0268.

For more information about Corporate Online, please call 0845 603 2408.

New customers

If you'd like to bank with us, please call 0845 606 0286.

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This site is intended for UK residents unless otherwise stated. Bank of Scotland plc. Registered Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland No. SC327000. Authorised and regulated by the Financial Services Authority under number 169628. This is an English language site, all contracts will be in the English language only. For optimal viewing of this site you will need Macromedia Flash version 9 or above. Copyright 2010, Bank of Scotland Business Banking. All rights reserved.

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