Suits Me large transfers and transfer limits in the UK (2026)

Need to make a large transfer? Perhaps you’re buying a house or a new car, having building work done, or simply need to move large amounts between your own UK bank accounts.

Whatever your plans, you’ll need to know how to transfer money safely, quickly and conveniently - and without large fees.

In this guide, we’ll take a look at how large payments work with Suits Me, a popular electronic money account provider in the UK. This includes limits, fees, timescales, security considerations and how to actually set up a transfer.

We’ll also introduce a smart and cost-effective way to send large sums internationally from the money services provider Wise. Over 14.8 million people worldwide use Wise to move £36 billion every quarter.

With low, transparent fees, great mid-market exchange rates, and secure, trackable transfers, Wise makes international money transfers simple and stress-free. Plus, you’ll get dedicated support and volume discounts when sending large amounts. On a £50,000 transfer, you could save up to £1,000 with Wise vs your bank.

Get expert support for your large transfer 📞

Can you send large transfers with Suits Me?

No, Suits Me accounts aren’t really built for sending large transfers - although it depends how much you want to send and what you consider to be a ‘large’ transfer.

The maximum amount you can send in one go with Suits Me is £5,000.¹ You can make multiple transfers, but then you’ll come up against load limits. This is the maximum amount you can load to your card/account.

You can only have a balance of £10,000 at any one time (with a Premium Plus account), so this means regularly topping up after making each transfer. You may have to spread payments out over days too, as limits reset at midnight. There’s also a maximum annual load limit of £120,000, so you’ll never be able to send more than this. ¹

You can make international transfers with Suits Me, but only through its partner Remitly. You’ll need to check what the maximum transfer limits are for this service - although you can also read our guide to Remitly limits.

Suits Me transfer limits

There’s only one transfer limit you need to know about with Suits Me. This is the limit of up to £5,000 per payment.¹

If you need to send more money, it may be possible to send additional payments up to £5,000. This way, you can split one larger payment into smaller ones. You’ll need to let your recipient know if you plan to do this.

Bear in mind though that you’ll need to reload your account each time, and can only have £10,000 at once and load a maximum of £120,000 per year.¹

Unfortunately, Suits Me’s transfer limits can’t be changed. So if you need to send more than this or don’t want the inconvenience of having to send multiple payments, you may need to find an alternative provider.

What’s the maximum amount you can send with Suits Me?

The maximum limit for sending Suits Me money transfers is £5,000 per payment.¹

Can you send multiple large transfers per day?

It’s likely that you’ll be able to send multiple large transfers per day with Suits Me, as it only specifies a maximum limit per transfer.

There’s a chance that extra security checks may need to be made (as multiple, frequent payments can trigger fraud monitoring alerts) but the provider will contact you if this is the case.

Suits Me large amount transfer fees and costs

Here are the main transfer fees you need to know, based on which Suits Me plan you have:²

When sending an overseas transfer with a Suits Me partner, you’ll also need to check the exchange rate - as well as the transfer fee you see upfront.

It’s always worth checking these rates against the mid-market rate, as many providers include their own mark-up. This makes them a small profit, but makes the transfer more expensive for you. However, you should be able to check the rates upfront before you send.

Wise – A low-cost, transparent alternative for international transfers

Large amount international transfers can be complex and get expensive with hidden fees. High street banks often add a markup to the exchange rate, which can be costly on large sums.

The Wise account, from the money services provider Wise, offers a modern alternative. You’ll get the mid-market exchange rate (close to the one you see on Google) with no hidden markups and low, transparent fees. On a £50,000 transfer, you could save up to £1,000 with Wise vs your bank.

It's not a bank account but offers some similar features, and your money is safeguarded.

**Investments in funds are never guaranteed and your capital can be at risk. In the UK, Interest and Stocks are provided by Wise Assets — this is the trading name of Wise Assets UK Ltd, a subsidiary of Wise. Wise Assets UK Ltd is authorised as an investment firm and regulated by the Financial Conduct Authority (FCA). Our FCA number is 839689. We do not give investment advice, and you may be subject to pay tax. If you're not sure, seek qualified advice. You can find more information about the funds on our website.

How to transfer large amounts with Suits Me: Step-by-step process

Now, let’s take a look at how you’ll actually go about sending a transfer with Suits Me.

Before you do anything, you’ll need to have a few details ready for your recipient.

Here’s what you’ll usually need to provide:

• The recipient’s name as it appears on their bank account
• Their bank account number and sort code
• A payment reference.

If you’re using Suit Me’s partner Remitly to send money abroad, further details will be needed:

• The International Bank Account Number (IBAN) - for international transfers
• The SWIFT/BIC code for their bank - for international transfers.

To make a UK payment, simply follow these steps:³

1. Login to the Suits Me app
2. Check your balance, to ensure you have sufficient funds to cover the transfer and any fees. Top up your account if not.
3. Select ‘Payments’ from the account menu
4. Tap ‘Make a Payment’
5. Choose an existing payee from the Payee list, or select ‘Add New Payee’ and enter their details
6. Enter the amount you want to transfer
7. Enter a payment reference
8. Check all of the details carefully and confirm that you’re happy to proceed (and pay any associated fees).

Is Suits Me safe for large payments?

Suits Me isn’t a licensed UK bank, but a financial technology company which is licensed in the UK as a payment services provider.

In order to meet requirements, it is required to use security measures to keep your money and transfers safe.

This includes:⁴

• Data encryption
• App and web security
• Biometric login (fingerprint or Face ID) safeguarding access to the Suits Me mobile app
• Two-factor authentication - extra layers of protection when logging in or making changes to your account
• Instant transaction alerts
• Instant card freezing in the Suits Me app.

It also has a multi-lingual customer support team, who are available by phone to deal with fraud concerns or other account issues.

However, it’s always wise to take precautionary steps to protect yourself when sending a large sum. These include:

• Double-check the recipient’s bank details.
• Avoid sending money to people you don’t know.
• Never feel pressured into sending a payment - it could be a scam.
• Avoid sharing your online or mobile banking details with anyone.

How long do large transfers take with Suits Me?

Suits Me transfer times are pretty fast for UK payments. Most are sent through Faster Payments and arrive instantly, or within 2 hours.⁵

Transfer times for international payments made with a Suits Me partner may vary depending on your chosen transfer method, the country you’re sending to and the receiving method.

Key takeaways

• You can send a maximum of £5,000 per payment; while you can make multiple transfers, you are limited by a maximum account balance of £10,000 and an annual load limit of £120,000.
• Faster Payment fees vary by plan, costing 2.5% on the Essential plan, 1.75% on the Premium plan, and 1% on the Premium Plus plan.
• International transfers are not handled directly by Suits Me but are provided through their partner Remitly, meaning exchange rates and fees will vary based on Remitly's terms.
• Most domestic transfers are sent via Faster Payments, typically arriving instantly or within 2 hours.
• Security features include biometric login (fingerprint or Face ID), two-factor authentication, and the ability to instantly freeze your card within the mobile app.
• You must visit the Suits Me app to initiate a transfer, and it is essential to ensure your balance covers both the transfer amount and the associated percentage-based fee.

Sources used:

Sources last checked on date: 01-Apr-2026