How to Top Up Your GBP Account on Niobi Introduction Your Niobi GBP account is where you hold British pounds for payments to UK vendors, employee salaries, and international transactions. Whether you are a UK business or paying international suppliers in GBP, topping up your GBP account gets you ready to transact. The UK has multiple fast payment methods available, including Faster Payments, CHAPS, and standard bank transfers. Each method offers different speeds and costs. This guide covers all your GBP funding options step-by-step. What You'll Learn: - How to access your GBP account - Topping up via Faster Payments (fastest in the UK) - Topping up via CHAPS (for large amounts) - Topping up via standard bank transfer - Topping up via international wire - Payment processing times - Understanding UK banking costs - Time to complete: 5–15 minutes depending on your method. Before You Start To top up your GBP account, you will need: - Active Niobi account with GBP currency enabled - UK or international bank account - Your Niobi workspace set up - Access to online banking Choosing Your Payment Method Before diving into the steps, here is how the available methods stack up against each other so you can choose the best route: - Faster Payments: Your best option for everyday standard UK transfers. It takes under 2 hours (often within 30 minutes), costs very little (£0 to £1), and is ideal for quick, routine deposits. - CHAPS: Designed for urgent, large-scale transfers. It features same-day processing (usually 1–3 hours) but carries a moderate fee of £20 to £30. Use this when moving significant capital that cannot wait. - Bacs: The economy option for non-urgent standard transfers. While it takes 3 business days to clear, it is incredibly cheap (Free to £1), making it perfect for cost-conscious, flexible timelines. - International Wire: Necessary when you are moving money from non-UK accounts using SWIFT. It takes 2 to 5 business days and has the highest fee structure (£20 to £50). Accessing Your GBP Account 1.Log Into Niobi: Go to app.niobi.co, enter your email and password, and complete your 2FA verification (via SMS, email, or authenticator app). 2.Navigate to My Accounts: Click My Accounts on the sidebar. On your main dashboard, look for the currency accounts dropdown menu located on the right side. Select GBP (British Pound). 3.Access Top Up Section: Once inside your GBP account view, locate and click the Top Up option. This will display all your available funding methods. Step-by-Step Funding Methods Method 1: Faster Payments (Most Popular) Faster Payments is the most popular UK payment method—fast and affordable. Step 1: Select Faster Payments Go to your GBP account top-up screen and select Faster Payments. Niobi will display your specific destination details: - Sort code - Account number - Amount in GBP - Niobi account name Step 2: Initiate Transfer at Your Bank - Using a Mobile Banking App: Open your UK bank's