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Faster Payments increases scheme limit to £250,000
The Faster Payments limit for Banks and Building Societies has been raised to £250,000 per payment from Tuesday 10 November 2015, following an increase to the scheme limit announced by Faster Payments Scheme Limited (FPSL). The increase from the previous £100,000 maximum is the first time the scheme limit has been increased since 2010. The change has [...]
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