> ## Documentation Index
> Fetch the complete documentation index at: https://docs.yapily.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Payment Limits

> Reference guide to payment scheme limits in Yapily. Covers maximum transaction amounts, daily limits, and scheme-specific constraints for UK and European payments.

## What is the maximum amount of money that can be sent through Open Banking?

It depends on the payment scheme that will be used by the bank to execute the payment:

* *The Faster Payments Scheme (for Domestic Payments within the UK):* The maximum value threshold for individual payments that can be processed through Faster Payments is currently £250,000, although some Payment Service Providers are now able to offer £1,000,000
* *SEPA Credit Transfer (for Euro payments within SEPA countries):* The maximum value threshold for individual payments that can be processed through SEPA Credit Transfer is currently €999,999,999.99
* *SEPA Credit Transfer Instant (for Euro payments within SEPA countries):* The maximum value threshold for individual payments that can be processed through SEPA Credit Transfer Instant is currently €100,000

Despite these limits, individual banks and building societies set their own limits for their retail and corporate accounts which can be significantly lower. Individuals can also have different limits which can even be different for every account (savings, current, etc).

## What limits does Yapily impose?

Yapily imposes a *£15,000* limit per single payment for *Yapily Connect* customers. *Direct* customers that use their own certificates/Open Banking licenses are unaffected by this limit.

Due to compliance reasons, and since we are liable for the use of our Yapily Connect license by our customers, we have a £15,000 payments limit in place, which can be requested to be waived. If you do *request it to be waived*, we will ask you to *share your KYC/KYB processes* with us so we can make sure that they are secure enough.