Collecting payments
Making payments
Card options
Managing payments
Payment initiatives
Direct crediting via BACS
An efficient electronic method of making payments
Our direct crediting solutions provide reliable and cost-effective ways of crediting staff and suppliers' accounts and controlling your company's cash flow. Your business will be able to choose a service that accurately reflects its needs.
Key benefits
- Send payments direct to BACS - you will be able to submit payments to BACS via the BACSTEL-IP link from your PC or through a processing bureau
- Access to all BACS payment services - Internet Protocol (IP) access to BACS means your company will gain fast, efficient and secure online access to all its services
- Choose your payment days - submit payments on a day specified by you up to 70 days in advance
- Timescales - payments will be processed over three days
- Monitor payments - track the status of your payments and receive a wide range of online reports quickly, efficiently and securely
- Make payments in euros - your business will be able to credit a payee's euro account (intra UK only)
- State-of-the-art security - all your submissions will be protected with the latest Public Key Infrastructure (PKI) technologies and processes, using smart cards and smart card technology
More information
If your business uses Bankline you can make immediate payments under £10,000 using the Faster Payments service, or choose the same-day CHAPS service for larger payments.
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