What are the acceptable payment types for Faster Payments?
Single Immediate Payments: (SIPS) this is a one off immediate payment made via Internet Bank or Telephone Banking that can be made 24 hours a day, 365 days a year. Future Dated Bill Payment: A payment to an existing arrangement, diarised for a date in the future. Standing orders: A regular payments made on specific date for the same amount. Direct Debits are not affected by Faster Payments.