Coverage
Motion Payments network enables payments worldwide via the global payment networks and local networks.
Sending money in the UK, EU, and internationallly has never been easier.
Our system connects to
- UK FasterPayments
- SEPA (Euro) Instant and Next Day
- Swift (GPI)
Recieving funds into your Motion Payments account is subject to our Permitted Jurisdictions.
FasterPayments, SEPA and Swift Payments into your account are processed every 15 minutes.
- Payments from account are processed every 15 minutes.
- FasterPayments from your account, depending on the receiving banks, are credited within 2 hours.
- SEPA and Swift Payments from your account are dependent on cut off times and on the receiving banks’ processing, and are usually available the same day or within 24 hours.
Due to circumstances beyond our control, some payments may be delayed due to national holidays or time zones. We will provide you with the next available payment date.
Transactions with a currency exchange where a currency may not be available can be at certain times, such as weekends. If you encounter this issue, please try and perform your conversion during trading hours. Read our guides on payment timelines and conversion cut offs, otherwise, please contact support@motionpayments.uk or your relationship manager.
Permitted Jurisdictions
Permitted jurisdictions apply to where funds are originating from and/or where a payer is geographically based. If either you or your payer sends funds from a bank account outside our permitted jurisdictions, or resident in a country located outside of our permitted jurisdictions, the funds will be failed automatically by our transaction monitoring system at the point of processing.
Please note that this list will be reviewed and updated periodically.
Faster Payments
The Faster Payments Transaction Limit is £250k. Customer limits are set based on your profile setting. Check how much you can send, or to have your limits reviewed, contact customer services via webchat or email.
SEPA Payments
The SEPA Payments have two transfer limits
- SEPA Credit limit is €999,999,999.99
- SEPA Instant limit is €100,000
SWIFT
SWIFT gpi (gpi stands for Global Payments Innovation) is a new initiative from SWIFT and was developed to improve the experience of making a payment via the SWIFT network for both customers and banks.
Customer limits are set based on your profile setting. Check how much you can send or to have your limits reviewed, contact customer services via webchat or email.