Bacs is owned and operated by leading retail payments authority Pay.UK, the company also responsible for Faster Payments and cheques, as well as related services such as mobile app Paym, the Current Account Switch Service, and many others.
Bacs services include Direct Credit, widely used to pay salaries, benefits, dividends and supplier payments directly into bank accounts, and Direct Debit, which automates the collection of regular payments, the preferred payment method for many UK bill payments. Direct Debit payments are safeguarded by the Direct Debit Guarantee which protects payers in the event of an error in payment collection.
This site is for participants and service users of Bacs products. Please see our parent site www.wearepay.uk for more general information on the UK’s retail payment services.