Bacs Direct Credit
Bacs Direct Credit is a better way to receive all your payments. It is a simple, secure and reliable service, which enables organisations of all sizes to make payments direct into your bank or building society account.
Over 150,000 organisations use Bacs Direct Credit and whilst it is mainly known for wages and salary payments it can also be used for a wide range of other applications such as pensions, employee expenses, insurance settlements, dividends and refunds.
The benefitsÂ
Bacs Direct Credit is the preferred method of receiving payments with over 90% of the UK workforce receiving wages or salaries this way.
Using Bacs Direct Credit
Bacs Direct Credit payments are easy to arrange and it’s not just for salaries or wages, almost any sort of payment you receive can be by Bacs Direct Credit, simply ask to be paid direct.