A list of banks with a daily transaction limits

Created by Gosia Furmanik, Modified on Wed, 21 Jun, 2023 at 4:12 PM by Isaac Harper

Here is a list of banks with daily transaction limits

BankDaily Limits
Bank of ScotlandUp to £25,000 per day, although eCommerce can be limited to £5,000

Standing Orders: up to £25,000 per day

BarclaysFor Personal customers the overall daily payment limit to third parties is £50,000 for existing beneficiaries, but limited to £10,000 for mobile transactions, and for Premier and Business it’s £100,000 but limited to £30,000 for mobile. For new beneficiaries, the daily limit is £10,000 for all account types when paid via Mobile.

Your daily limit will include immediate transfers and any bill payments, future-dated payments and standing orders set up on that day. So if you set up a bill payment, standing order and future-dated payment today, either to leave today or in the future, the amount will be taken off your limit for today. Direct Debits are not included in your total.

First Direct£25,000 per day via Online Banking

HalifaxUp to £25,000 per day, although eCommerce can be limited to £5,000

Standing Orders: up to £25,000 per day

HSBC£25,000 per day via Online Banking
LloydsUp to £25,000 per day, although eCommerce can be limited to £5,000

Standing Orders: up to £25,000 per day

MonzoBusiness accounts is £50k, but there is a £10k limit on individual card transactions and transfers.

Nationwide£25,000 single payment limit, and £25,000 a day Faster Payments via Open Banking

NatWestThe maximum limit you can set for payments via Online Banking, the Mobile app and Open Banking per working day is:

Personal customers - £20,000
Premier customers - £50,000
Business Customers - £50,000

Default payment limit is £1,000 for new payees, to increase this the payee must be added to the trusted beneficiary list

RevolutIf you are in the UK or EU, transfers British Pounds (GBP) to UK beneficiaries are limited to £250k per transaction, £500k per day, and £1m per week. You cannot make more than 50 transfers in 24 hours, or more than 200 transfers in 7 days.

Royal Bank of ScotlandThe maximum limit you can set for payments via Online Banking, the Mobile app and Open Banking per working day is:

Personal customers - £20,000
Premier customers - £50,000
Business Customers - £50,000

Default payment limit is £1,000 for new payees, to increase this the payee must be added to the trusted beneficiary list

Santander£25,000 per transaction, £100,000 per day

Starling£1,000,000 daily limit

TSBPersonal accounts are limited to £25,000 per day, Business accounts £100,000 a day, and £50,000 per transaction if on mobile

UlsterThe maximum limit you can set for payments via Online Banking, the Mobile app and Open Banking per working day is:

Personal customers - £20,000
Premier customers - £50,000
Business Customers - £50,000
Default payment limit is £1,000 for new payees, to increase this the payee must be added to the trusted beneficiary list

Virgin MoneySingle transaction limit and daily limit are £30,000


 

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select at least one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article