Guide to sending large payments with Chase for UK businesses, including transfer limits

As more UK businesses move away from traditional high street banking, digital providers like Chase are becoming an increasingly popular option for managing everyday finances.

Chase doesn’t have dedicated business accounts in the UK, but it does offer them in other countries such as the US.

This guide explains how large transfers are handled by Chase, including what payment types are supported and when businesses may need an alternative solution like Wise Business.

💡 Learn more about Wise Business

Can you use Chase Business UK for large transfers?

Yes, Chase can be used for large GBP transfers within the UK banking system, but only for personal payments. However, as with other digital banks, it’s useful to understand which payment rails Chase supports and where its functionality may be limited.

Currently, there is no limit as to how much you can pay into your Chase account.¹ Most payments arrive almost immediately but can take up to two hours. This makes them suitable for a range of everyday and high-value transactions within the UK.

There is a daily limit as to how much you can transfer out of your Chase account to another UK bank account. This currently sits at £25,000.¹ You can increase your daily transfer limit up to a maximum of £1 million by getting in touch on the app.

Chase doesn’t currently support CHAPS payments, the UK’s same-day high-value payment system.¹ There is also no option to send money internationally,² which can be restrictive for both individuals and businesses who need to make multi-currency transfers across borders.

As a result, Chase is best-suited to domestic UK payments rather than international or multi-currency transfers.

Is Chase Business UK safe for large payments?

Chase is designed to handle high-value payments securely within the payment systems it supports. Chase is part of JP Morgan Chase,³ a fully licensed UK bank. This means that eligible deposits are protected under the Financial Services Compensation Scheme (FSCS).⁴

To add a further layer of protection for large payments, Chase uses a range of security measures including:

• Secure app-based authentication
• Payment confirmation checks
• Monitoring for unusual or suspicious activity
• Adjustable account and payment controls

When sending large amounts of money, businesses should also double-check beneficiary details and set up payees in advance.

How to make a large payment with Chase Business UK

Large payments with Chase can be made through the mobile app. Here’s how, in a few simple steps:

1. Log in to the Chase app
2. Select the option to make a payment
3. Enter the beneficiary’s details
4. Choose the payment amount
5. Review the details carefully and confirm the transaction.

Tips for managing large payments effectively

While Chase makes sending large payments straightforward, customers can plan and monitor their transactions to save time and reduce risk.

Plus, by following the below tips, businesses can manage their transfers safely and effectively:

1. Plan ahead of time: When it comes to urgent transfers, submitting payments before the bank cut-off time means they’ll be processed the same day. Scheduling in advance also helps to reduce errors and last minute stress.

2. Set up and verify payees: For larger payments, it’s best to add new payees in advance and double check their details. This reduces the risk of errors, again, as well as failed payments or funds being sent to the wrong account.

3. Use internal approval processes: Consider setting up a marker-checker system where one person initiates the payment and another authorises it.

4. Monitor your account limits: Even if you don’t hit the maximum every month, staying aware of your payment thresholds and available balance means you can avoid surprises when processing high-value transactions.

5. Keep records and reconcile: Documenting every payment and reconciling it allows for better financial management and makes audits easier.

How long do Chase Business UK large transfers take?

Most transfers with Chase should only take a few minutes to go through. But they can sometimes take up to two hours. ¹

In some instances, funds may be held for extra verification checks but this is to ensure account and payment safety.

What are the Chase Business UK transfer limits?

Chase has a daily limit with regards to how much you can transfer out of your Chase account to another UK bank account. This currently sits at £25,000.¹ You can temporarily increase your daily transfer limit up to a maximum of £1 million by getting in touch on the app. This could be a good option if you want to send a one-off larger payment.

This will depend on factors such as:

• The payment method used
• Your account profile and verification status
• Internal risk and fraud checks
• Your available balance and transaction history.

What are the Chase Business UK large transfer fees?

In the UK, Chase is positioned as a low-fee digital bank. In fact, there are no fees when you open a personal account or when you want to send money.⁵ But remember, there is a limit when it comes to sending money - £25,000 to be exact.¹

When Chase Business might not be suitable

As Chase only offers personal accounts in the UK, it may not be the best fit for most businesses - except perhaps freelancers and self-employed people.

It may also not be suitable if your business:

• Sends large international payments regularly
• Needs to pay suppliers in multiple currencies
• Requires SWIFT transfers
• Wants to hold and manage balances in different currencies

In these instances, using Chase alongside a dedicated international payment provider might offer more flexibility.

Chase Business UK alternative: use Wise Business for large and international transfers

For businesses operating internationally, Wise Business could be the better solution.

This is because Wise Business has a dedicated secure service for sending large payments. Transfer limits depend on what currency is being sent, here's a few of the most popular:

• GBP - £20 million GBP per transfer
• EUR - €20 million EUR per transfer
• USD - $20 million USD when paying from your USD account, $1.6 million per SWIFT transfer.

It’s also worth knowing that Wise offers discounts for sending large amounts over £20,000 (or the currency equivalent). The more you send, the more you save.

You can open an account for £50 (Advanced plan) or for free (Essentials plan), with no ongoing monthly fees and no minimum balance requirements. All accounts can hold and exchange 40+ currencies, and Wise Business Advanced accounts let you receive payments like a local with major currency account details. Whenever you need to convert currencies, to send a payment or spend with your Wise debit card, you’ll get the mid-market exchange rate and low conversion costs from 0.33%.

See High Amount Transfer Comparison 2026 for more info.

Want more? Here are some of the many brilliant Wise Business features you can access:

• Send money quickly or instantly to bank accounts in 140+ countries
• Issue business debit and expense cards for you and your team with no foreign transaction fees, and low conversion costs from 0.33%
• 0.5% cashback on eligible card spending
• Connect seamlessly to your accounting software
• Generate invoices and payment links to receive money easily from customers
• Automate payouts with the powerful Wise Business API.

So, if you’re looking for an efficient and transparent way to send large international transfers, you can sign up for a Wise Business account online in minutes.

Register with Wise Business🚀

*Disclaimer: The UK Wise Business pricing structure is changing with effect from 26/11/2025 date. Receiving money, direct debits and getting paid features are not available with the Essential Plan which you can open for free. Pay a one-time set up fee of £50 to unlock Advanced features including account details to receive payments in 22+ currencies or 8+ currencies for non-swift payments. You’ll also get access to our invoice generating tool, payment links, QuickPay QR codes and the ability to set up direct debits all within one account. Please check our website for the latest pricing information.

Sources used:

Sources last checked on date: 22-Jan-2026