Banking with RBS
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Security Advice Centre
Electronic payment security
Safeguard your payment systems
RBS offers a range of electronic payment methods that offer your business cheaper, faster, more efficient and more secure ways to transfer money than traditional means.
These methods include CHAPS, SWIFT, BACS, Faster Payments and online banking.
Internal security issues to consider
Because electronic payments are especially secure, the main risk with such transactions is internal. The best safeguard is to introduce strict controls to govern who has access to the payment system and segregate duties involved with making payments.
In addition, there are other security aspects associated with the use of payments systems, such as password best practice. You’ll find further details in the Office Security area.
If you don’t already use electronic payments, or you’d like to find out more, please contact your relationship manager.