yup it sure is Mike. Welcome to the unintended consequences of misdirected and overbearing regulation. I find this situation particularly galling as I helped kick-start Faster Payments back in 2003-5. It's subsequent introduction reduced payment times from 3 days to sub 10 seconds for most payments and under 2 hours where there were AMLTF concerns.
Discussion
Morning Joss, so I need to thank you for my BACS payments going through so quickly.
Cheers 🫂 🍻