Technically, Faster Payments can handle payments of up to £250,000 (and there are plans to raise that to £1m) but the individual banks place their own limits on

Technically, Faster Payments can handle payments of up to £250,000 (and there are plans to raise that to £1m) but the individual banks place their own limits on the maximum amount they'll accept: http://www.fasterpayments.org.uk/about-us/transaction-limits http://www.fasterpayments.org.uk/about-us/transaction-limits