In the UK, Holvi uses the Faster Payment System (FPS). This means that payments are usually sent and received within 2 hours of execution*.
At the moment we support inbound Bacs payments but do not support Bacs direct debits. We are working on it!
*We aim for all payments to and from your Holvi account to be executed within 2 hours through the Faster Payment System (FPS). However, from time to time, these payments may be delayed as they go through extra checks designed to protect you, the customer. In case we require any additional information in order to execute a payment, we will be in touch with you via email.