UK Faster Payments
UK Faster Payments
UK Faster Payments enables instant payouts to GBP bank accounts in the United Kingdom.
Implementation
When initiating a payout, pass speed = "iban" for UK bank accounts with sortCode provided.
Requirements
- User must be verified with UK KYC
- User must have a linked UK bank account with valid sort code
- Account must be GBP-denominated
Settlement Time
Instant - typically within seconds
