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News Centre

​Our latest Bacs press releases, news, videos, photos, and payments information.​

 
Bacs Payment Schemes Limited is a wholly owned subsidiary of Pay.UK

The systemically important operations for Direct Debit and Bacs Direct Credit as well as the Current Account Switch Service, Cash ISA Transfer Service, and the Industry Sort Code Directory are owned and operated by leading UK retail payments authority, Pay.UK. 

Pay.UK has taken overall responsibility for the activities previously carried out by Bacs Payment Schemes Limited, Faster Payments Scheme Limited, The Cheque & Credit Clearing Company Limited, and UK Payments Administration Ltd. While now part of Pay.UK, the Bacs team will continue to manage the company’s  products and services as normal. Neither consumers, service users, nor payment service providers (PSPs) will see any change. For further information, please visit www.wearepay.uk​.​​​​


Press releases
Businesses reminded to avoid bank holiday payment delays
21 August 2020
The August bank holiday is fast-approaching and Pay.UK, the home of Direct Debit and Bacs Direct Credit in the UK, is reminding businesses to plan around the long weekend to avoid missing important payment commitments.
Plan ahead to avoid delays to Easter payments
01 April 2020
A long bank holiday weekend is fast approaching, and planning around the available processing days is important to avoid missing vital payments to suppliers and staff.
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@BacsUK
07 October 2020 10:51 AM
We are pleased to announce the appointment of Mark Hoban as the new Independent Non-Executive Chair of @WeArePayUK's Board of Directors. https://t.co/mJskgWKmze https://t.co/QUck06P1DC
28 September 2020 14:14 PM
We invite you to join our webinar: Request to Pay: the journey so far and what’s next on Thursday 15 October at 10.30 - 11.30 (BST). For more info and to sign up please visit our website https://t.co/OERfUYDO6T https://t.co/QegmKgUbHj

Bacs briefing
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
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