Your selected question

Q:

Do I need a Smartcard and Smartcard reader to approve an Inter account transfer?

A:

You'll only need to approve an Inter account transfer (IAT) if the payment is over your IAT Smartcard trigger value. The set default value is £100,000.

If you have the relevant administration privileges, you can change this value under 'Payment limits' in the 'Administration' section. The set limit will apply to all users who have the privilege to make transfers between accounts. 

Did this article answer your question?