Is there a delay with Faster Payments on new business accounts?
My Revolut Business account was approved a couple of days ago, and so far I’ve sent three test bank transfers from my existing Barclays and HSBC business accounts, to get familiar with the service.
The first (Barclays) showed up the next morning; the second and third (Barclays and HSBC) were sent just now. Neither are showing up as yet.
I understand FP can technically mean 2-24 hours, but generally payments are sent instantly (especially with this being from two different banks) so I’m wondering if there’s some kind of delay imposed on new accounts?
Just for my own edification, more than anything - these were small payments just to test, so I’m just curious