Benefits
Bacs Direct Credit is the preferred method of receiving payments with over 90% of the UK work force receiving wages or salaries this way. When you consider the benefits it is not difficult to understand why.
'Cleared' funds
Unlike cheques, funds paid by Bacs Direct Credit can be used on the day they arrive.
Easier and saves time and effort
If you are busy, unwell or away on holiday, or if on shift work outside normal working hours, you can relax, knowing that your money is paid straight into your account. You no longer have to take or send cheques to your bank or building society.
Safer and more secure
Unlike cash or cheques, Bacs Direct Credit payments cannot be lost, stolen or delayed in the post. Your money arrives automatically into your bank or building society account.