Faster Payments is the first new payments service to be introduced in the UK for more than 20 years. For the very first time phone, internet and standing order payments can move within a few hours - almost at the touch of a button.

The Faster Payments Service enables electronic payments, typically made via the internet or phone, to be processed in hours rather than days. To date 13 banks and building societies are committed to the new service. In the future, other financial institutions will be able to join, either as members, or to access the system through agency arrangements with a member. This new service will run alongside existing payment schemes in the UK such as BACS and CHAPS.

For a small fee this new service will allow our clients to take advantage of a same day bank transfer. Clients will be able to receive their earnings into their bank accounts the same day that we receive the money into our bank accounts, and this is for just £28 per week or £74.67 per month inclusive (See below for actual cost to you).

To find out if your bank is eligible for Faster Payments please visit: www.apacs.org.uk/sortcodechecker

If your bank is eligible and you would like to be paid via our Faster Payment system, please fill in the form below or alternatively call our office on 01253 600140.