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  • It's a ballache, but that's pretty standard for BACS transfer payments in most high street banks.

    CHAPS costs, but is instant & effectively limitless.

    [Edit] It probably goes without saying, but it's also good idea to phone your solicitor to validate their bank details, and never make a transfer based on email.

  • It's a ballache, but that's pretty standard for BACS transfer payments in most high street banks.

    I thought that had gone up to £25k now with "faster payments". (Although it does require both accounts to be compatible.)

  • The scheme limit is £250,000, as I understand it, but individual banks can have their own limits up to and including this.

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