Facts and figures

Bacs is owned and operated by Pay.UK, the recognised operator and standards body for the UK’s retail interbank payment systems. Pay.UK provide the digital payments networks used by the UK’s banks, building societies, other payment providers and all their customers to make payments, ensuring they are secure, safe and simple to use. Pay.UK is also responsible for Faster Payments and the Image Clearing System, the digital way to process cheques, as well as related services such as Request to Pay and the Current Account Switch Service, and many others.

To view the latest processing volumes and research papers see our parent site wearepay.uk.