News Article

Improved Faster Payments are coming later this year

Published 9 June 2016 by

As you know, later this year we are going to be bringing you a new, even better thinkmoney.

Once the new service goes live we’ll be able to offer “real time” Faster Payments. This will mean:

• The faster payments you send to individuals or firms will usually arrive within two hours

• Any faster payments you receive will usually be in your account within two hours, but in most cases will arrive within minutes.

Manage your money from your mobile

You can already set up new Faster Payments, and send them, via Online Account Management. You can also make Faster Payments to existing recipients from the thinkmoney App. If you haven’t already downloaded our App you can do so here.

We’ll be in touch nearer the time to let you know when the new arrangements will start.

More details on upcoming changes...

Improved statements and moving to a fixed fee date

Pay in cheque at over 11,000 Post Office locations

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