To become a member of Bacs a number of criteria need to be met.

Each member of Bacs must:

• have a settlement account at the Bank of England
• be based in the European economic area
• meet agreed technical and operational requirements, including having an agreement in place with Voca (or another provider of approved clearing services), and having an approved trust service
• be a bank or building society
• sign a legal document in respect of membership, and of the settlement arrangements
• pay a share of Bacs costs.