There have been recent changes to the Direct Debit and Bacs Direct Credit Scheme rules, which came into effect on 2 January 2020. You need to be aware of these changes and make plans to implement them as necessary.
A list outlining the main changes you should be aware of can be found at the beginning of each of the Guide and Rules.
It is important you read the updated Guide and Rules. Follow the links below to access them.
Direct Debit Guide and Rules:
Bacs Direct Credit Guide and Rules:
To view the version(s) of the Guide and Rules that is / are relevant to your organisation, you'll need to log onto the password protected area of the Bacs.co.uk website. If you haven't applied for your password yet, do so now.