What is an Facilities Management provider?
A Facilities Management (FM) provider is an organisation that acts as a service user for those businesses that do not have their own service user number (SUN) to collect and administer Direct Debits on their behalf. This enables businesses to access Direct Debit without requiring sponsorship into the Direct Debit Scheme by their bank.
A guide giving an overview of the current Direct Debit Scheme Rules as they apply to FM providers, so they can ensure both they and their clients are fully compliant, can be found in the Information Hub to the right of your screen.
The Little Bacs Guide to Switching FM providers can also be found in the Information Hub to the right of your screen. This guide explains the four switching options available; gives an overview of the switching process and suggests some best practice guidelines for stakeholders when undertaking a switch.