Our account providers have set certain limits for transfers coming and going out of your company account. These limits have been outlined below to ensure clients are aware of the max limit they can transact on any given day, allowing them to plan better for when large payments are due (such as meeting payment for their property settlement).
PFS (now named EML)
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The total incoming transfer amount is capped at £750,000 per day. This means clients can send in funds of up to 750,000 (GBP) to their company account.
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All outgoing transfers are capped at £250,000 per day. This means clients can make payments of up to 250,000 (GBP) per day from their company account.
Modulr
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All outgoing transfers are capped at £250,000 per day. This means clients can make payments of up to 250,000 (GBP) per day from their company account.
- There are no limits on any incoming transfers.