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

Introduction

Current Faster Payments limits

With effect from 28 November 2011 the limits for SOPs were increased to £9,999.99 and for SIPs and FDBPs were increased to £10,000 for all Faster Payments from FlexAccounts.

Sort code

Send SIPs

Send SOPs

Send FDBPs

07 02 46

£0.01 - £10,000

£0.01 - £9,999.99

£0.01 - £10,000

07-44-56

£0.01 - £10,000

£0.01 - £9,999.99

£0.01 - £10,000

07-01-16

£0.01 - £10,000

£0.01 - £9,999.99

£0.01 - £10,000

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 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 daily limits and restrictions. Daily limits will apply on how much you can send through Faster Payments, the current limits and any restrictions are shown in our FAQs.

Your sort code can be found on the bottom left hand corner of your FlexAccount or Cash Card Account card.

Useful links

UK Payments and Faster Payments

Sort code checker

Faster Payments

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Nationwide Building Society is authorised and regulated by the Financial Services Authority under registration number 106078. Credit facilities other than regulated mortgages are not regulated by the Financial Services Authority. You can confirm our registration on the FSA's website, www.fsa.gov.uk or by contacting the FSA on 0845 606 1234.