The Bulk Payment Redirection Service (BPRS) is an innovative Bacs service offering an easy and cost-effective way to ensure payments continue to be received when a sort code and / or account
number is changed.
BPRS leverages the proven central redirection facility, developed for the flagship Current Account
Switch Service (CASS), which has already handled almost 4 million account switches across the UK.
The service represents a step-change in increasing the ease with which organisations too large to use CASS, such as local authorities, government departments and corporate Direct Debit service users can switch banking provider, reducing stress, cost and improving efficiency.
When might this service be used?
There are a number of circumstances in which an organisation may find BPRS of value, including:
- Where a business which is too large to take advantage of CASS moves from one banking provider to another;
- In the event of an organisation merging with, or being taken over by, another organisation
resulting in a change of account details;
- Bank or building society branch closures where payments continue to be made to a customer’s old branch account details;
- Where Payment Service Providers (PSPs) move from one sponsoring bank to another, or set
up in their own right;
How it works
Should an organisation wish to utilise BPRS, they should first contact either their new bank, building
society or Bacs to discuss their requirements. As long as both the old or new bank and building
society have signed an agreement with Bacs to access BPRS , then it can be used to make the whole
process quick and easy.
In simple terms, the details of the old and new account details are added to the central redirection
database as part of a controlled implementation. This means that if a payment is made using the
previous sort code and account details it will be automatically redirected to the new account.
There is no costly back office function, or additional resource required to deal with ongoing
administrative overheads. The process is straightforward, efficient and effective, providing the
peace-of- mind that a change in account details won’t interrupt critical business payments.
For more information please talk to your bank or building society or contact us.