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Send and Receive GBP via FPS

Use GBP to fund your Vault via Faster Payments Service

You can use Faster Payments to fund/send your Cash account from an eligible UK bank account in GBP. Funds are converted to USDC.

Who can use Faster Payments?

  • GBP deposits are available to residents of the US, Canada, Australia, the UK, Japan, New Zealand, Taiwan, South Korea, Switzerland and most EEA countries (excluding Croatia, Latvia, Malta and Cyprus). If GBP doesn’t appear under Add Funds, it isn’t available for your country of residence.

  • Transfers must be sent in GBP.

How long do GBP FPS deposits take?

Deposits are commonly credited within minutes, though they can take a few hours depending on the sending bank.

How do I fund via Faster Payments?

What fees apply?

Funding: £0.90 + 0.20% FX. The current fee and conversion are shown in the app.

Outgoing: fees and conversion are shown in your quote before confirmation. The quoted conversion can vary on weekends and bank holidays.

Can I receive third party deposits?

Third party deposits are supported. For a first deposit, we recommend sending funds from a bank account in your own name where possible.

Some transfers may require additional documentation, regardless of the amount transferred. This may trigger our banking provider’s compliance steps.

Can I send GBP via Faster Payments?

Yes, to a UK bank account in your own name. Sending GBP to someone else's bank account isn't supported at the moment.

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We're working towards offering support for third-party GBP transfers once again in the near future, though there is currently no ETA.

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The final fee, conversion and timing are shown in your quote before you confirm.

Why do I need additional documentation?

Some transfers may require additional documentation, regardless of the amount transferred. This may trigger our banking provider’s compliance steps.

Why was my transfer delayed or returned?

Most transfers proceed normally. If a transfer is taking longer than expected, open Transaction History and select it. Some transfers may show Action Required; if so, provide the requested information directly there and submit it. If your transfer doesn’t show an Action Required status (a request for additional information) and the applicable timeframe has passed, contact support with the transfer receipt or payment confirmation, amount and currency, transfer date/time, and destination account if applicable.

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