Faster Payments originating overseas
Whilst Griffin does not currently accept payments from overseas, it is possible for payments that have originated overseas to credit Griffin via the Faster Payment infrastructure. In such a scenario, the payment has been sent from overseas to a UK participant of Faster Payments before being sent onwards to Griffin as a Faster Payment. However, this is still considered a single payment, with the debtor bank being the overseas bank, and the creditor bank being Griffin.
These payments are subject to wire transfer regulations and further checks will need to be carried out before the payment can be applied to the account holders account.
Receiving a Faster Payment Originating Overseas
No further information will be required from yourselves but note the payment will not credit your customer’s account immediately as additional checks will be required.
Returning a payment that has originated overseas is not straightforward and may require contacting the sending bank to confirm return details. Please contact support@griffin.com if you need a make a return of a payment originating overseas.