Fintech
Faster Payments
The UK system for near-instant bank transfers between accounts, available all day, every day.
A plain-English explanation, not financial or tax advice. Rules and rates change, so check your own situation. For free, impartial guidance, try MoneyHelper. Disclaimer.
You'll hear it as
The refund goes by Faster Payments, so they'll have it in minutes.
Related terms.
Videos.
No video mentions Faster Payments by name yet. These are on the same topic, Business & startups.