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Can I choose whether an electronic payment goes via the Faster Payment Service (FPS) or Bacs?

April 26, 2017BACS electronic faster fps payment service

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Can I choose whether an electronic payment goes via the Faster Payment Service (FPS) or Bacs?

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No. Once an electronic payment is entered into our system, it will automatically check whether it can be sent via FPS. All payments will be sent via FPS unless: • The receiving bank is not an FPS member. • The amount of the payment is above the FPS limit. • The sort code has not been enabled by the receiving bank to receive FPS payments.