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Bacs briefing

​​​​​​​Welcome to Bacs Briefing. Here, our team shares news and views, not just about Bacs but about the wider payments industry, too. There’s a chance to gain an insight into what we do on a day to day basis, and to hear from some of the people responsible for delivering the service that sees more than 6.5 billion payments processed in a year, including 4.5 billion Direct Debits, more than a billion welfare payments, and the majority of UK salaries and wages. Of course, we also own and manage the Current Account Switch Service, the Cash ISA Transfer Service, and the Bulk Payment Redirection Service, so watch out for news on those, as well.

We want to make sure this space is useful to you so, if there’s anything you think we should tell you about, we’d be pleased to hear from you - please contact us and we’ll do our best to accommodate you.​

Keep up-to-date with the latest Bacs and payment industry news and views by subscribing to receive notifications.

Direct Debit dormancy period temporarily extended30 June 2020READ HERE
COVID-19: adapting process to meet service user needs05 June 2020Read now
Bank holiday payments – stay on top of processing dates05 May 2020Read now
Taking advantage of best practice videos23 April 2020Read more
Bulk Payment Redirection Service delivers efficiency ...29 July 2019Read here
Masterclasses prove popular03 May 2019Read more
Building on strong foundations21 February 2019READ NOW
Bacs’ Bulk Payment Redirection Service: could your or...14 February 2019READ MORE
Travel firms increasingly turning to Direct Debit18 December 2018READ NOW
10 common Confirmation of Payee questions answered11 December 2018FIND OUT MORE
Marking five years of the Current Account Switch Service21 September 2018READ NOW
New Current Account Switch Service discussion paper l...13 September 2018READ NOW
Latest Current Account Switch Service campaign launches24 August 2018FIND OUT MORE
Changing the face of UK payments31 July 2018READ MORE
Breaking spending barriers11 July 2018Read more
Direct Debit and the social housing sector04 July 2018Survey findings
Alarming report into women on boards13 June 2018Read more
The consumer conundrum: Ensuring effective representa...16 May 2018Read more
The future of retail payments in the UK11 May 2018Read more
Five decades of Bacs17 April 2018Read more
Second Current Account Switch Service annual report29 March 2018Read more
Four new participants for Bacs05 March 2018More
Direct Debit: a flexible solution13 February 2018More
A record-breaking year for Bacs17 January 2018READ NOW
Top tips for promoting Direct Debit27 December 2017More
Keeping you updated on Direct Debit15 December 2017READ NOW
A focus on financial inclusion12 October 2017READ MORE
Switching the Measure: Vulnerable consumers in the cu...25 September 2017More
Supporting billers with our new marketing toolkit19 June 2017More