Is there a minimum payment amount?
The Money Mover service is designed for businesses making higher value payments. Please be aware that the minimum payment size is GBP 1,000 (or equivalent).
If you have a number of payments to make and all your payments are in the same currency, you can pay multiple recipients in one transaction. As long as the total conversion amount is over £1,000 we will be able to support that payment, even if the individual payments are below the £1,000 threshold.
Money Mover combines these payments into one conversion amount allowing you to purchase a lump sum of foreign currency and then schedule multiple small payments to individual bank accounts.