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Are there limits on my transactions?

Updated this week

Yes, there are limits on transactions.

Type

Limit

Incoming transactions

Payments into your account are uncapped unless they would increase your maximum balance.

For both sole traders and limited companies, your main account balance limit is £1 million.

Outgoing transactions

For Faster Payment Bank Transfers there's a limit of £10k per transaction, however, this is not a daily limit and you can make multiple Faster Payment Bank Transfers in one day.

Card transactions

- Single transaction limit of £10k
- Weekly limit is £20k (7 day rolling)
- Monthly limit is £50k (30 day rolling)
- Contactless limit is £100 per transaction.

Cash deposits

- Minimum single transaction limit £10
- Maximum single transaction limit £500
- Daily limit £500
- Annual £23k

Cash withdrawals

Daily limit is £500 per day (24 hour rolling limit) and £4,000 per month (30 day rolling limit)

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