More good news from your friendly local Bank....
Quote:
Barclays becomes the first financial services organisation in the UK to send 100% of eligible transactions through the Faster Payments Service (FPS).
The scheme, adopted by 13 banks and building societies, enables electronic payments, typically by internet or telephone, to be processed almost immediately.
Previously, they could take up to three days to clear.
Customers can make immediate or future dated payments of up to £10,000 and standing orders of up to £100,000.
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