Faster Payments definition

Faster Payments means the UK payment system referred to by that name and provided by Faster Payments Scheme Limited;

Faster Payments means the faster payments service operated by APACS (Administration) Limited or CHAPS Clearing Company Limited and which Barclays uses, as appropriate.

Faster Payments means the “Faster Payments” payments service, details of which can be found at www.fasterpayments.org.uk

Examples of Faster Payments in a sentence

• Faster Payments If you ask us to make a payment to your nominated account, it will reach the bank holding your nominated account no later than close of business on the next working day.

• Any use which is permitted as a special exception in a district under the terms of this Ordinance shall not be deemed a nonconforming use in such district, but shall without further action be considered a conforming use.

• You may transfer any Available Balance to a UK bank account via Faster Payments (subject to Account Limits) before cancelling the Account.

• The Account may be used for setting up Direct Debits, Standing Orders, and to make Faster Payments including Future Dated Payments subject to Account Limits.

• We may not be able to carry out a payment instruction if the bank or building society you are sending the payment to is not a member of the Faster Payments Service or a participant in the Faster Payments Service.

More Definitions of Faster Payments

Faster Payments means a UK banking initiative to reduce payment times between different banks’ customer accounts to typically a few hours.

Faster Payments means a UK banking initiative to reduce payment times between different banks’ customer

Faster Payments means a payments system which allows sending and receiving payments in GBP in the UK between participating payment service providers.

Faster Payments means an electronic payment system which enables member banks to send and receive payments on the same day, or same Working Day for standing orders;

Faster Payments means a UK banking initiative to reduce payment times between different banks’ customeraccounts to typically a few hours.

Faster Payments means the Faster Payments Service launched in May 2008 that allows customers to make electronic payments in near real-time, typically by phone or online banking, to transfer money between accounts, pay bills, or make regular standing order payments;

Faster Payments means the payment system of that name operated by Faster Payments Scheme Limited