Faster Payments for
UK business transfers
Send and receive GBP payments through Faster Payments (FPS) using the recipient's sort code and account number, straight from your Amaiz GBP account. Pay UK suppliers and contractors, usually within seconds.
What is a Faster Payments (FPS) business payment?
It's a GBP transfer from your account to any UK bank account over FPS, the UK's real-time payment scheme. Money moves directly between the two banks, with no intermediary banks involved.
How a Faster Payment travels
When should your business use Faster Payments?
Use Faster Payments when you're paying in GBP to a UK bank account.
Local payment methods
Best for supported countries with a faster or cheaper local rail. Sent from your EUR account.
SEPA
Best for EUR payments to eligible European recipients using their IBAN. Sent from your EUR account.
FPS
Best for UK GBP payments using a sort code and account number. Funds usually arrive almost immediately. Sent from your GBP account.
SWIFT
Best for international payments, including outside the SEPA area. Sent from any currency account.
Card payouts
Best for recipients with only a Visa or Mastercard debit card. Sent from your GBP or EUR account.
What details do you need for a Faster Payments business payment?
Good recipient data reduces the risk of payment delays, investigations or returned transfers.
Recipient details
Understand Faster Payments fees before you send
Faster Payments has no percentage-based FX charge or intermediary bank fees.
Amaiz shows its transfer fee and final amount preview before confirmation.
Before confirming, review:
Faster Payments pricing
| Incoming | |
| Faster Payments (GBP) | Free |
|---|---|
| OutgoingFee per transaction, based on the amount of that individual payment — not your cumulative volume. | |
| £0 – £9,999.99 | £1 |
| £10,000 – £99,999.99 | £5 |
| £100,000 – £499,999.99 | £10 |
| £500,000 – £1,000,000 | £15 |
| £0 – £9,999.99 | £3 |
| £10,000 – £99,999.99 | £10 |
| £100,000 – £499,999.99 | £15 |
| £500,000 – £1,000,000 | £20 |
Standard tariffs shown, effective 7 September 2026. Fees may vary depending on your business profile and risk category and will be confirmed during onboarding.
Send a Faster Payments business payment in a few steps
Select your GBP account, then press Transfer.
Choose Faster Payments from the list.
Enter the recipient's name, sort code and account number — no IBAN or BIC needed.
Choose how much to send in GBP, and add a payment reference where requested.
Check the payment details before confirming.
Confirm the payment and monitor activity from your account.
Illustrative screens with sample data — fields may vary by account type.
Use Faster Payments for day-to-day UK business payments
When a payment is in GBP and the recipient has a UK bank account, Faster Payments can support supplier, contractor and customer payments any time of day.
Pay UK suppliers
Send invoice payments for suppliers, imports, services and trade relationships.
Pay UK contractors
Pay agencies, freelancers and service providers across the UK.
Issue customer refunds
Return funds to UK customers quickly after a cancellation or dispute.
Send GBP payments day or night
Faster Payments has no cut-off times and processes 24 hours a day, every day of the year.
Combine with SEPA and SWIFT
Use FPS for UK GBP payments alongside SEPA and SWIFT for European and international destinations.
Track payment activity
Use reports and statements to reconcile payments and keep your records up to date.
Keep Faster Payments organised
Your team also needs records, reports and support for UK payments.
Repeat transfers
Open a previous transfer and press Repeat transfer to send it again.
Custom reports
Filter by date or recipient, then export for reconciliation.
Statements and records
Download account statements and payment records.
Customer support
Get help from our team with account and compliance questions.
Built for secure UK GBP payments
Security checks, transaction monitoring and compliance processes protect account activity.
Two-factor authentication
Login and payment confirmation require a second verification step.
Transaction monitoring and fraud detection
Outbound payments are screened against fraud patterns in real time.
KYC and AML compliance
Continuous screening against sanctions lists and AML rules under FCA regulations.
Safeguarded funds
Customer funds held in segregated accounts.