Bacs services
Almost 5.5 billion payments a year are made through Bacs' principle schemes, Direct Debit and Bacs Direct Credit, equating to approximately £3.4 trillion in 2006.
In June 2007, the number of transactions processed in one day hit an all time high of more than 83 million.
The success of Bacs is based on its ability to improve upon technology for the benefit of banks, businesses and consumers.