Are Ulster Bank Credit Card payments utilising the new Faster Payments Service?
Ulster Bank credit cards now participate in the industry-wide Faster Payments Service. This means that for payments to Ulster Bank Credit Card accounts (made via Telephony, Internet channels and via Standing Order mandate only) the following will apply: • Payments to Credit Cards will be sent through the new Faster Payments Service if they are within the scheme limits • Payments generated by Faster Payments Service member banks will be processed faster within two hours (unless payment is delayed) • Payments from Credit Cards e.g. Balance Transfers, are not included in the new Faster Payments Service.
Related Questions
- How will my credit card payments get processed if I use both City National Bank’s Credit Card Auto-Pay service, and Online Banking Credit Card Payments service?
- How will I know whether another bank is a member of the Faster Payments Service?
- Are Ulster Bank Credit Card payments utilising the new Faster Payments Service?
