Bacs Direct Credit
Bacs Direct Credit is a simple, secure and reliable way to make and receive payments by electronic transfer directly into a payment service provider account.
Over 150,000 organisations use Bacs Direct Credit and whilst it is mainly known for wages and salary payments it can also be used for a wide range of other applications such as pensions, employee expenses, insurance settlements, dividends and refunds.
There are a wide variety of applications where Bacs Direct Credit is the most cost-effective solution. Find out more about the benefits.
Bacs Direct Credit is the preferred method of receiving payments with eight in ten employees in the UK paid this way. When you consider its benefits it's not difficult to understand why.
There are three easy steps to getting starting. First speak to your payment service provider who will advise you on the facilities you may need and the procedural information necessary.