Statements (28)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:city
|
gptkbp:alternativeTo |
gptkb:CHAPS
gptkb:BACS |
gptkbp:availableOn |
24/7
|
gptkbp:containsSettlement |
near real-time
|
gptkbp:country |
gptkb:United_Kingdom
|
gptkbp:currency |
GBP
|
gptkbp:headquarters |
gptkb:London
|
https://www.w3.org/2000/01/rdf-schema#label |
Faster Payments
|
gptkbp:launched |
2008
|
gptkbp:maximum_transaction_limit |
£1 million (as of 2024)
|
gptkbp:operator |
gptkb:Pay.UK
|
gptkbp:participants |
building societies
payment service providers UK banks |
gptkbp:purpose |
real-time payments
|
gptkbp:regulates |
gptkb:Bank_of_England
|
gptkbp:replacedBy |
BACS for urgent payments
|
gptkbp:usedFor |
online banking
mobile banking telephone banking standing orders direct corporate access forward-dated payments single immediate payments |
gptkbp:website |
https://www.fasterpayments.org.uk/
|
gptkbp:bfsParent |
gptkb:CHAPS
|
gptkbp:bfsLayer |
5
|