GBP virtual accounts provide access to the UK banking network via Faster Payments (FPS).
Volume Limits
Onramps (Deposits)
- 1st-Party Deposits: Unlimited
- 3rd-Party Deposits:
- From Individuals: Requires manual approval.
- From Businesses: Unlimited
Offramps (Withdrawals)
- 1st-Party Withdrawals: Unlimited
- 3rd-Party Withdrawals: Unlimited (To both individuals and businesses)
Rail Details
| Rail | Direction | Typical Speed |
|---|---|---|
| Faster Payments (FPS) | Onramp/Offramp | Near-Instant to 2 Hours |
Supported Regions
Only bank accounts issued within the United Kingdom are supported for GBP virtual account transfers.