You'd usually make a CHAPS payment for high value payments, instead of through Faster Payments. (There's mention of this in the article, in the Net Settlement s

You'd usually make a CHAPS payment for high value payments, instead of through Faster Payments. (There's mention of this in the article, in the Net Settlement section). CHAPS costs a little bit of money (~£30), and for that sort of value your bank may want to see you in person and check ID, etc.