FPS, BACS, CHAPS, SEPA SCT and SDD, TARGET2 and SWIFT — from a single Gemba account. Below: a selector that tells you which rail to use, a full matrix with costs and cut-offs, and the traps we've watched finance teams walk into.
NOTE · SCT Inst available for <€100k
Every network available from a Gemba account, with real costs, cut-offs and limits. Sorted by geography, then speed.
FX SPREAD · INTERBANK MID + 0.35% ON G10, + 0.85% ON EXOTICS · PUBLISHED IN THE FX TREASURER
A shortcut for finance teams who don't want to re-learn SEPA every Friday.
Three representative SME profiles, priced line by line. No onboarding fees, no monthly platform minimum.
12 staff · one supplier region
| Payroll (BACS, 12 lines) | £2.40 |
| Supplier payments (FPS, 48) | £0.00 |
| Monthly CHAPS (1) | £22.00 |
| Direct Debits collected (86) | £17.20 |
VS · HSBC business equivalent: ≈ £78
24 staff · EUR suppliers
| Payroll (BACS, 24) | £4.80 |
| UK supplier (FPS, 60) | £0.00 |
| SEPA SCT to EUR (32) | €6.40 |
| SEPA Instant (4) | €1.60 |
VS · Wise + Barclays stack: ≈ £92
80 staff · USD + 5 corridors
| Payroll (BACS, 80) | £16.00 |
| SEPA SCT (140) | €28.00 |
| SWIFT to USD (24) | £288.00 |
| SWIFT to APAC (8) | £96.00 |
VS · High-street + FX broker: ≈ £1,140
The kind of detail a sales deck skips. Worth a scan before your first run.
Most UK PSPs — Gemba included — enforce the scheme ceiling. Above £1m, the outbound payment will either reject or silently re-route to CHAPS with a fee. Split into tranches or use CHAPS intentionally.
If payday is Friday, the file must be submitted by 22:30 on Wednesday. Miss that and staff get paid Monday. Tuesdays are the single highest "oh no" ticket volume in payroll bureaus.
CORE allows debtor refund up to 8 weeks no-questions-asked. B2B requires a signed mandate registered with the debtor's bank and has no refund window. Collecting from consumers on B2B will be rejected.
SHA (default) means the sender pays the sender-side fee and the receiver absorbs intermediary deductions — typically $15–40 per hop. For contractor payments use OUR charges so they receive the full amount.
Since 2023 every UK PSP must validate payee name against account details. A bulk BACS file with mis-capitalised names will trigger partial-match warnings on every line — a real-world cause of batch rejection.
The receiving bank must also be SCT Inst-capable. Coverage is ≈ 70% of EUR banks by volume. Fallback to standard SCT is automatic but adds a day.
Bulk CSV, SWIFT MT940 statements, Xero / Sage / QuickBooks reconciliation, REST API with webhook callbacks on every state change.
Upload pain.001 (ISO 20022) or a plain CSV. Validation report returned in under 10 seconds.
POST on every state transition — INITIATED, AUTHORISED, SETTLED, FAILED, RETURNED — with idempotency keys.
Auto-match incoming SWIFT MT940 lines to your GL. Unmatched transactions land in a queue, not your inbox.
Maker-checker with configurable thresholds. Full audit log exportable to CSV or piped to your SIEM.
Onboarding takes 3–5 business days for a UK Ltd. We'll pair you with an editor who's onboarded 200+ finance teams onto Gemba.