A high-level summary of developments with Bacs and the New Payments Architecture (NPA)
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Information
Current Account Switching and ADDACs Reports
Pay.UK predict an increase in current account switching – and ADDACS reports will increase as a result. Are you ready? Read more.
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Using Electronic Signature for Direct Debit Sign-up
There are numerous benefits to using electronic signature to sign up new Direct Debit payers. There are some considerations too. Read more.
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How long to keep Direct Debit Instructions
Answers to frequently asked questions about the Direct Debit instruction including, how long should you keep the Direct Debit Instruction and can it be stored electronically?
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Bank Holidays: Planning your Bacs Processing in April & May
Ensure Direct Debits are collected on time over the upcoming Easter and May Bank Holidays with our helpful Bacs Processing overview.
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The Differences between Direct Debit and Direct Credit
Direct Debit and Direct Credit are two Bacs payment schemes. One collects money in and one pays money out.
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BACS Processing Calendar for 2023
Download the Bacs Processing Calendar today and ensure your Direct Debits are submitted – and collect – on time!
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