Central Banking

Bank funding: gone in 15 seconds?

Bank runs, once triggered, are set to become much quicker and less controllable in future.

The queues forming outside Northern Rock made for striking images evoking memories of bank runs past, but they may be consigned to the history books after the introduction of a new payments scheme which will allow people to make near-real time payments direct from their bank accounts 24 hours a day, seven days a week.

Dubbed "Faster Payments", the new payments service will deliver payments in "near" real

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.