Back to UK Payments
Our connectivity models
Who is it for?
For regulated financial institutions looking for long term, high volume access to Instant payments in the UK. Gain access to the Faster Payments scheme (FPS) with settlement via a Bank of England account.
Who is it for?
For regulated financial institutions looking for long term, high volume access to Instant payments in the UK without settlement obligations. Gain direct access to the Faster Payments scheme with settlement via a sponsor bank.
How does it work?
As an FPS sponsored participant, you gain full real-time direct access to the Faster Payments scheme via your sponsor who will undertake settlement on your behalf. You'll receive all the benefits of being a direct participant but without needing a Bank of England settlement account.
Who is it for?
For regulated financial institutions looking for long term, high volume access to Instant payments in the UK. Gain access to the Faster Payments scheme (FPS) with settlement via a Bank of England account.
Who is it for?
For regulated financial institutions looking for long term, high volume access to Instant payments in the UK without settlement obligations. Gain direct access to the Faster Payments scheme with settlement via a sponsor bank.
How does it work?
As an FPS sponsored participant, you gain full real-time direct access to the Faster Payments scheme via your sponsor who will undertake settlement on your behalf. You'll receive all the benefits of being a direct participant but without needing a Bank of England settlement account.
The simple way to access Instant payments in the UK
Access the UK Faster Payments Scheme and receive a fully managed service from Form3. Send transactions to sort codes that are used for consumer and business payments in the UK, with a limit of £1M.
Fast and efficient implementation
Fast-track to instant payments in as little as 8 weeks with our comprehensive implementation service
Comprehensive Scheme Testing
Hands-on testing and simplified tech development using our sandbox and simulator environment
Insulate from Scheme Change
Form3 is independent of scheme messaging and shields customers from technical scheme or rule changes
Why choose UK Faster Payments?
3.9 Bn Faster payments were processed in 2021. Along with Bacs, Faster Payments is the most popular payment scheme for banks and non-banks wanting to operate in the UK. Speed up the process of bank to bank payments from several minutes to just milliseconds in a truly instant payments experience.
Form3 has connected more Direct participants to UK FPS than any other provider, with implementation in as little as 8 weeks. Discover why we are the No.1 for UK Faster Payments access.
